Jeffersonville, Madison and Indianapolis Railroad

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Jeffersonville, Madison and Indianapolis Railroad
Jeffersonville, Madison and Indianapolis Railroad
Overview
Headquarters Indianapolis, Indiana
Locale Indiana
Dates of operation18661890
PredecessorIndianapolis and Madison Railroad
Jeffersonvile Railroad
Successor Pittsburgh, Cincinnati and St. Louis Railway
Technical
Track gauge 4 ft 8+12 in (1,435 mm) standard gauge

The Jeffersonville, Madison and Indianapolis Railroad (JM&I) was formed in 1866 as a merger between the Indianapolis and Madison Railroad and the Jeffersonville Railroad.

Contents

Genealogy

Share of the Jeffersonville, Madison & Indianapolis Railroad Company, issued 8 August 1871 Jeffersonville, Madison & Indianapolis RR 1871.jpg
Share of the Jeffersonville, Madison & Indianapolis Railroad Company, issued 8 August 1871

The JM&I predecessors were as follows: [1]

History

The Ohio and Indianapolis Railroad was chartered February 3, 1832, to build a line from Indianapolis south to the Ohio River at Jeffersonville, Indiana. The company was not organized until March 17, 1848, and on February 3, 1849, it was renamed the Jeffersonville Railroad.[ citation needed ]

The first section, from Jeffersonville to just north of Memphis, Indiana, opened in 1850. The next year it leased the Knightstown and Shelbyville Railroad, starting to operate it in 1852. The line opened north to Columbus in August 1852, and on September 1, 1852, it began operating the Rushville and Shelbyville Railroad under lease.[ citation needed ]

On January 27, 1836, an act of the Indiana General Assembly established Indiana's first railroad to actually be built. Construction began on the state-owned Madison and Indianapolis Railroad on September 16, 1836. After building only 27.80 miles (44.74 km) from Madison to Queensville (just northwest of North Vernon in Jennings County) by 1841, the railroad was transferred to private ownership on June 20, 1842, as the Madison and Indianapolis Railroad Company. This entity completed the remainder of the line from Queensville to Indianapolis, a distance of 57.99 miles (93.33 km), by 1847. Although it was successful for more than a decade, it went into decline, was sold at foreclosure on March 27, 1862, and renamed the Indianapolis and Madison Railroad (I&M). The successor company abandoned the M&I's 10.09 miles (16.24 km) of trackage between Columbus and Edinburgh in 1864 and began running over the Jeffersonville Railroad's nearby tracks. [2]

Organized on April 30, 1866, for the purpose of uniting the two lines, the Jeffersonville, Madison and Indianapolis Railroad Company (JM&I) absorbed the Indianapolis & Madison the next day, with the Jeffersonville Railroad being officially merged in on June 1 of that same year, upon the filing of the Articles of Consolidation.[ citation needed ]

On May 22, 1868, the Reno Gang held up the JM&I Railroad train at Marshfield, Scott County, Indiana, and escaped with $90,000 in cash described as being in "new notes." The money was never officially recovered and in today's value, represented more than $2 million.

The Scottsburg Depot opened in 1872. [3] It was placed on the National Register of Historic Places in 1991. [4]

See also

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References

  1. Hallberg, M. C. (April 24, 2006). "Railroads in North America: Some Historical Facts and An Introduction to an Electronic Database of North American Railroads and Their Evolution".
  2. Netzlof, Robert T. (January 20, 2008). "Corporate Genealogy, Pittsburgh, Cincinnati, Chicago and St. Louis Railway, The Panhandle". Archived from the original on July 17, 2012. Retrieved July 8, 2009.
  3. "Indiana State Historic Architectural and Archaeological Research Database (SHAARD)" (Searchable database). Department of Natural Resources, Division of Historic Preservation and Archaeology. Retrieved 2016-07-01.Note: This includes Cunningham, Devon K. II (September 1990). "National Register of Historic Places Inventory Nomination Form: Scottsburg Depot" (PDF). Retrieved 2016-07-01. and accompanying photographs
  4. "National Register Information System". National Register of Historic Places . National Park Service. July 9, 2010.