Corporate Genealogy
Akron & Barberton Belt

INTRODUCTORY

The Akron & Barberton Belt is a corporation of the State of Ohio, having its principal office at Akron, Ohio. It is controlled by The Cleveland, Akron and Cincinnati Railway Company, The Baltimore and Ohio Rail Road Company, the Erie Railroad Company, and The Northern Ohio Railroad Company, through equal ownership of the entire capital stock. These companies are hereinafter referred to as the controlling companies. The records examined do not indicate that the Akron & Barberton Belt controls any common-carrier corporation. The property has been operated by its own organization from the dates the various sections of its road were acquired.

CORPORATE HISTORY

The Akron & Barberton Belt was incorporated May 6, 1902, under the general laws of the State of Ohio, through articles of agreement effecting a consolidation of the property, rights, and franchises of The Barberton Belt Line Railroad Company; The Cleveland, Barberton and Western Railroad Company; and The Barberton, Akron and Eastern Belt Line Railroad Company. Pursuant to the above, the Akron & Barberton Belt took over at its organization the property, rights, and franchises of the three companies named. In addition it acquired the property, rights, and franchises of The Barberton and Southern Railroad Company by purchase on April 26, 1905. The Akron & Barberton Belt itself and the four corporations named, together with their predecessors, total eight corporations and comprise the line of corporate succession culminating in the Akron & Barberton Belt as at present constituted. The following chart shows incorporation and succession data.

# Name Incorporation Succession
1 The Akron & Barberton Belt Railroad Company. Under general laws of Ohio, through articles of consolidation dated May 3, 1902, filed on May 6, 1902.
2 The Barberton Belt Line Railroad Company. Under general laws of Ohio, Mar. 19, 1891. Consolidated May 6, 1902, with 3 and 4, to form 1.
3 The Cleveland, Barberton and Western Railroad Company. Under general laws of Ohio, Oct. 23, 1899. Consolidated May 6, 1902, with 2 and 4, to form 1.
4 The Barberton, Akron and Eastern Belt Line Railway Company Under general laws of Ohio, Jan. 24, 1902. Consolidated May 6, 1902, with 2 and 3, to form 1.
5 The Barberton, Akron and Eastern Railway Company Under general laws of Ohio, through articles of consolidation dated Oct. 4, 1901, filed Oct. 10, 1901. Succeeded by 4. Date and manner of succession not ascertained
6 The Barberton, Akron and Eastern Railway Company Under general laws of Ohio, Aug. 24, 1901. Consolidated Oct. 10, 1901, with 7, to form 5.
7 The Akron Terminal Railway Company Under general laws of Ohio, Sept. 21, 1901. Consolidated Oct. 10, 1901, with 5, to form 5.
8 The Barberton and Southern Railroad Company. Under general laws of Ohio, Sept. 5, 1899. Sold April 26, 1905, to 1.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the Akron & Barberton Belt, amounting to 22.961 miles, was acquired as indicated in the statement following:

Acquired in the consolidation of May 6, 1902, from The Barberton Belt Line Railroad Company which constructed the property in 1892, Barberton Strawboard Factory to a connection with the road of the Erie Railroad Company, Barberton, Ohio 2.09
Acquired partly through the consolidation of May 6, 1902, and partly by construction:
      Acquired; partly constructed from The Cleveland, Barberton and Western Railroad Company which began the construction about 1899; construction completed by the Akron & Barberton Belt on Jan. 1, 1903, Barberton, Ohio 6.99
Acquired; partly constructed from The Barberton, Akron and Eastern Belt Line Railway Company (second corporation), continued by The Barberton, Akron and Eastern Belt Line Railway Company, and completed by the Akron & Barberton Belt on Oct. 15, 1904, Barberton to White Grocery (in or near Akron, Ohio) 12.56
Acquired by purchase from The Barberton and Southern Railroad Company by deed dated Apr, 26, 1905; constructed by the vendor in 1903, from a connection with the road of The Cleveland, Akron, and Cincinnati Railway Company to connection with the road of the Erie Railroad Company in Barberton, Ohio.   1.76
Total 23.40
Difference between mileage inventoried and mileage recorded   0.439
Mileage inventoried as of date of valuation 22.961

The property acquired in the consolidation of May 6, 1902, was taken over for operation on May 15, 1902. The available records do not indicate that the Barberton, Akron and Eastern (first corporation) or the Akron Terminal, two predecessor companies, owned any property on date of their demise.

TRAFFIC CONNECTIONS

The tracks of this company connect with those of other carriers, as follows:

The Baltimore and Ohio Rail Road Company
The Cleveland, Akron and Cincinnati Railway Company
Erie Railroad Company
The Northern Ohio Railway Company
The Akron, Canton & Youngstown Railway Company

LEASED RAILWAY PROPERTY

The Akron & Barberton Belt operates primarily for the purpose of providing switching services for the controlling companies. This service is performed in accordance with an agreement among these companies, or their predecessors, dated May 14, 1902, and supplemented July 1, 1902. Under the agreement, all expenses of maintenance, operation, renewal, and replacement, taxes, interest, and other expense items, less income received from outside parties, are apportioned among the controlling companies on a car-mileage basis. The Akron & Barberton Belt has credited various income accounts with the amounts received from the controlling companies, part in its railway operating revenue account and part in its contributions from other companies account, less certain amounts charged to the income account, income transferred to other companies.


Original data source: Valuation Reports Vol. 23 pp 867-869, 876
Interstate Commerce Commission
Washington, DC
January 1929

Although published in 1929, the report is "...as of date of valuation" which was 30 June, 1916


HTML by Robert T. Netzlof 19 April 2001
Content expanded 20 July 2002
Valuation date corrected 7 July 2005
Find an error? Have a comment? Tell Bob.