Corporate Genealogy
Camden & Burlington

INTRODUCTORY

The Camden and Burlington is a corporation of the State of New Jersey, having its principal office at Camden, N. J. The company is controlled by the Pennsylvania Railroad, partly through ownership of its capital stock and partly through the right to vote the capital stock owned by the United New Jersey Railroad. On the other hand, the records do not indicate that this company controls any carrier corporation. The property of the Camden and Burlington was operated from the date of its organization, October 4, 1915, to December 31, 1917, by the Pennsylvania Railroad. On January 1, 1918, its common-carrier property was taken over for operation by the United States Railroad Administration, which still operates it on the date of valuation.

CORPORATE HISTORY

The Camden and Burlington was incorporated October 4, 1915, under the general laws of New Jersey, for the purpose of acquiring the property, rights, and franchises of the Vincentown Branch of the Burlington County Railroad Company, The Mount Holly, Lumberton and Medford Railroad Company and the Camden and Burlington County Railroad Company. Pursuant to the above purpose, the Camden and Burlington acquired at its organization the property, rights, and franchises of the three corporations named. The Camden and Burlington, itself, and those corporations, together with their predecessors, total six different corporations, of which one underwent a change of name, and comprise the line of corporate succession culminating in the Camden and Burlington as at present constituted. The following chart shows the names of the corporations, the respective dates of incorporation and for each predecessor the date of succession, the immediately succeeding corporation, and the manner of succession. Reference to each of these corporations is made in the last column by its respective number shown in the first column.

No. Name Incorporation Succession
1 Camden and Burlington County Railway Company Under general laws of New Jersey, Oct. 4, 1915  
2 Vincentown Branch of the Burlington County Railroad Company Under special act of New Jersey, Mar. 15, 1861 Consolidated Oct. 4, 1915 with 3 and 4 to form 1.
3 The Mount Holly, Lumberton and Medford Rairoad Company Under special act of New Jersey, Apr. 2, 1866 Consolidated Oct. 4, 1915 with 2 and 4 to form 1.
4 Camden and Burlington County Railroad Company Under special act of New Jersey, Feb. 6, 1866 Consolidated Oct. 4, 1915 with 2 and 3 to form 1.
5 The Burlington County Railroad Company See 6 Consolidated May 2, 1866 with 7 to form 4.
6 The Burlington and Mount Holly Railroad and Transportation Company Under special act of New Jersey Feb. 11, 1848 Name changed to 5 July 4, 1863 under special act of New Jersey, Mar. 20, 1857
7 The Camden, Moorestown, Hainesport and Mount Holly Horse Car Railroad Company Under special act of New Jersey, Mar. 15, 1859 Consolidated May 2, 1866 with 5 to form 4.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The mileage owned by the Camden and Burlington, amounting to 38.690 miles, was all acquired through consolidation. The property constructed by the five corporations that comprise the line of corporate succession culminating in the Camden and Burlington as at present constituted, the years when the various portions of the line were constructed, and the manner in which this company acquired the property are indicated in the following table, wherein, to facilitate comparison with the table showing corporate succession, previously given, the same order of corporations is maintained.

Acquired through consolidation, Oct. 4, 1915:
      From the Vincentown Branch of the Burlington County Railroad Company, constructed by that company, Evansville to Vincentown Station, N.J., 1864 2.77
From the Mount Holly, Lumberton and Medford Railroad Company, constructed by that company, Mount Holly to Medford, N.J., 1869 5.94
From the Camden and Burlington County Railroad Company--
      Constructed by the Camden and Burlington County Railroad Company, Camden to Mount Holly, N.J., 1866-1867 16.20
Constructed by the Burlington and Mount Holly Railroad and Transportation Company--
      Burlington to Mount Holly, N.J., 1848-1849 7.15
Mount Holly to Pemberton, N.J., 1860-1863 6.50 29.85
Total 38.56
Difference between total recorded mileage and mileage inventoried as of date of valuation 0.130
Mileage inventoried as of date of valuation 38.690

LEASED RAILWAY PROPERTY

The entire property of the Camden and Burlington is leased to the Pennsylvania Railroad. On January 1, 1918, its common-carrier property was taken over for operation by the United States Railroad Administration, which still operates it on date of valuation. The terms of the lease and the rental accrued for the year ended December 31, 1917, are given in the chapter on "Leased railway property" of the report on the Pennsylvania Railroad.


Original data source: Valuation Reports Vol. 22 pp 386-387, 394
Interstate Commerce Commission
Washington, DC
January 1929

Although published in 1929, the report is "...as of date of valuation" which was 30 June, 1918


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