Syracuse, Geneva and Corning Railway
Encyclopedia
The Syracuse, Geneva and Corning Railway was established in 1875 and opened their road on December 10, 1877. The company was leased to and operated by the Fall Brook Coal Company for 20 years beginning in 1881.

On October 1, 1885, the company consolidated without a change of name with the Penn Yan and New York Railroad Company, which was leased to the New York Central and Hudson River Railroad Company in 1899. In 1909, the company merged with Geneva, Corning and Southern Railroad and once again in 1914, into New York Central Railroad (NYCRR)
New York Central Railroad
The New York Central Railroad , known simply as the New York Central in its publicity, was a railroad operating in the Northeastern United States...

.

History

The Syracuse, Geneva and Corning Railway Company was chartered on August 27, 1875, and opened for business on December 10, 1877. It was leased to and operated by the Fall Brook Coal Company at a rental rate of 88.5 percent of its gross receipts for a period of 20 years.

Philadelphia to Buffalo interchange

On February 4, 1882, the Syracuse, Geneva and Corning Railway signed a 900-year contract with the New York Central and Hudson River Railroad along with the Corning Cowanesque and Antrim Railway, the Fall Brook Coal Company, the Jersey Shore, Pine Creek and Buffalo Railway Company
Jersey Shore, Pine Creek and Buffalo Railway
The Jersey Shore, Pine Creek and Buffalo Railway was a railroad built in the early 1880s to give the New York Central and Hudson River Railroad access to the coal regions around Clearfield, Pennsylvania, USA...

, the Philadelphia and Reading Railroad Company and the Philadelphia and Reading Coal and Iron Company, providing for an interchange of through and local traffic and the formation a through line between Philadelphia, Pennsylvania
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...

 and Buffalo, New York
Buffalo, New York
Buffalo is the second most populous city in the state of New York, after New York City. Located in Western New York on the eastern shores of Lake Erie and at the head of the Niagara River across from Fort Erie, Ontario, Buffalo is the seat of Erie County and the principal city of the...

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Penn Yan and New York railroad

On October 1, 1885, the company consolidated without a change of name with the Penn Yan and New York Railroad Company. Their main line ran from Corning, New York
Corning, New York
Corning, New York is the name of two places in Steuben County, New York, although it most frequently means the City of Corning.*Corning , New York*Corning , New York, adjacent to the city...

 to Geneva, New York
Geneva, New York
Geneva is a city in Ontario and Seneca counties in the U.S. state of New York. The population was 13,617 at the 2000 census. Some claim it is named after the city and canton of Geneva in Switzerland. Others believe the name came from confusion over the letters in the word "Seneca" written in cursive...

, a distance of 57.76 miles (93 km) and the Dresden Branch ran from Penn Yan
Penn Yan, New York
Penn Yan is a village in Yates County, New York, USA. The population was 5,219 at the 2000 census. It is the county seat of Yates County and lies at the north end of the east branch of Keuka Lake, one of the Finger Lakes....

 to Dresden
Dresden, Yates County, New York
----Dresden is a village in Yates County, New York, USA. The population was 307 at the 2000 census. The village was named after Dresden in Germany.The Village of Dresden is in the Town of Torrey and is twelve miles south of Geneva, New York...

, a total distance of 6.43 miles (10.3 km).

Operations

By December 1888, the rolling stock consisted of 60 locomotive engines, 24 passenger cars, 8 baggage and mail cars, 2,272 freight including box, stock, platform and coal cars. Additionally, 39 caboose cars and 171 miscellaneous cars.

Financial

Capital stock outstanding by December 31, 1888, was $1,325,000. That same year 138,088 passengers traveled on the road a total distance of 116960 miles (188,228.4 km) and freight shipped a distance of 534996 miles (860,990.5 km). Net earnings were $189,905 with outstanding capital stock of $1,325,000 with funded debt on 30-year $1,000 bonds due on March 1, 1909. The treasurer's address was Grand Central Depot in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

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Company management

By December 1888, company directors were George J. Magee, John Lang, Daniel Beach, Abram S. Stothoff, all of Watkins, New York, and Austin Lathrop of Corning, New York
Corning, New York
Corning, New York is the name of two places in Steuben County, New York, although it most frequently means the City of Corning.*Corning , New York*Corning , New York, adjacent to the city...

, Edwin D. Worcester, Dwight W. Pardee, Chauncey M. Depew, Charles C. Clarke, E. V. W. Rossiter, Samuel F. Barger, Isaac P. Chambers, all of New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 and James Tillinghast of Buffalo, New York
Buffalo, New York
Buffalo is the second most populous city in the state of New York, after New York City. Located in Western New York on the eastern shores of Lake Erie and at the head of the Niagara River across from Fort Erie, Ontario, Buffalo is the seat of Erie County and the principal city of the...

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George J. Magee was president, John Lang was vice-president, E. D. Worcester was treasurer and Daniel Beach was secretary. The principal office and main address was in Watkins, New York, and the transfer office was in Corning, New York
Corning, New York
Corning, New York is the name of two places in Steuben County, New York, although it most frequently means the City of Corning.*Corning , New York*Corning , New York, adjacent to the city...

.

Leased lines

On May 12, 1892, a new lease to the Corning Cowanesque and Antrim Railway Company became operative and remained in force until May 1, 1899, when, under the terms of an agreement dated April 11, 1899, the lease of 1892 was cancelled, and the property leased to the New York Central and Hudson River Railroad Company from May 1, 1899, for the term of its corporate existence, the consideration being a cash rental of $46,375 per annum, and interest upon all outstanding bonds and obligations.

New York Central railroad

In 1909, the company merged with Geneva, Corning and Southern Railroad and once again in 1914 into New York Central Railroad (NYCRR)
New York Central Railroad
The New York Central Railroad , known simply as the New York Central in its publicity, was a railroad operating in the Northeastern United States...

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