History
The Buffalo and Jamestown Railroad was incorporated on March 23, 1872 to build a line between Buffalo and Jamestown. The road was opened in sections and was completed in July 1875. The line was never financially successful and Buffalo and Jamestown Railroad was sold on December 12, 1877 to the Buffalo and South Western Railroad.
The Buffalo and South Western Railroad was short-lived and was leased by the New York, Lake Erie and Western Railroad on August 1, 1880 for an annual rental of 35 percent of the gross earnings for the line. On November 19, 1895 the Erie officially merged the Buffalo and South Western by virtue of owning 100 percent of the B&SW stock.
Read more about this topic: Buffalo And South Western Railroad
Famous quotes containing the word history:
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)
“A great proportion of the inhabitants of the Cape are always thus abroad about their teaming on some ocean highway or other, and the history of one of their ordinary trips would cast the Argonautic expedition into the shade.”
—Henry David Thoreau (1817–1862)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (1770–1831)