The line from Marion to Dayton was owned by the Erie Railroad (later EL).
While I cannot find original ownership/history of the line, the 1972 Moody’s Transportation Manual shows an Erie Railroad Co. bond as follows:
Erie Railroad Co., Ohio Division first 7s (formerly 3.25s) dur 1980:
$18million issued, $12.275 outstanding, originally 3.25%, originally due Sept 1, 1971 but defered to “work its way out of the existing financial squeeze”. The bonds were reset to 7%, 1980 and carried a Caa rating. .
The bonds were placed a first lien on "roads formerly constitued …Nypano, Cleveland & Mahoning Valley, Youngstown & Austintown Railway Co. and Westerman Coal & Iron RR.
Listed as one of the lines is:
Marion-Dayton, Ohio 85.2 miles
Further, the route map of Erie Lackawanna shows trackage rights from Dayton to Hamilton and Cincinnati and from Hamliton to Indianapolis. As far as I can determine those are the only trackage rights shown on the map. More than likely EL had other trackage rights in the system, probably for smaller distances which didnt scale on the map.
The summary of mileage for the EL system, dated December 31, 1971 lists “trackage rights granted by other companies” as 189.41. The March 1965 Official Guide lists Baltimore and Ohio mileage as follows:
Dayton - Cincinnati - 57.4 miles
Hamilton - Indianapolis - 98.6 miles
These two total 156 miles. So, it appears the majority of the 189.41 miles of trackage rights the EL had were to gain access to Cincinnati and Indianapolis.
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