The York, Hanover and Frederick is a corporation of the States of Pennsylvania and Maryland, having its principal office at Philadelphia, Pa.
It is controlled by the Pennsylvania Railroad through ownership of the capital stock. The records reviewed did not indicate that it controls any common-carrier corporation., The property was operated from July 6, 1914, to December 31, 1917, by the Pennsylvania Railroad under an agency agreement. On January 1, 1918, its common-carrier property with that of the Pennsylvania Railroad was taken over for operation by the United States Railroad Administration, which operates it at date of valuation.
The York, Hanover and Frederick was incorporated under the general laws of Pennsylvania and Maryland through articles of consolidation dated April 27, 1914, filed in Pennsylvania June 13, 1914, and in Maryland July 6, 1914, for the purpose of acquiring the property, rights, and franchises of the York, Hanover and Frederick Railroad Company and the Central Railroad of Maryland. The company was organized July 6, 1914. Pursuant to the above purpose the York, Hanover and Frederick acquired at its organization the property, rights, and franchises of the two railroad corporations named. The following chart shows data on incorporation and succession.
|1||York, Hanover and Frederick Railway Company.||Under general laws of Pennsylvania and Maryland, through articles of consolidation; dated Apr. 27, 1914; filed in Pennsylvania June 13, 1914; Maryland July 6, 1914.|
|2||York, Hanover and Frederick Railroad Company.||Under general laws of Pennsylvania and Maryland, through articles of consolidation; dated Jan. 7, 1897; filed in Pennsylvania and Maryland Mar. 1, 1897.||Consolidated July 6, 1914, with 8, to form 1.|
|3||Hanover and York Railroad Company.||Under special act of Pennsylvania, Apr. 21, 1873; certificate of corporate existence for 999 years filed Jan. 30, 1892.||Consolidated Mar. 1, 1897, with 6, to form 2.|
|4||The Littlestown Rail Road Company (1866).||Under general laws of Pennsylvania, Jan. 9, 1866.||Merged Dec. 31, 1892, with 3.|
|5||The Littlestown Rail Road Company (1854).||Under special act of Pennsylvania, Feb. 17, 1854.||Sold at foreclosure Apr. 28, 1864, and reorganized June 10, 1864, as 4, by certificate of organization filed Jan. 9, 1866.|
|6||Frederick and Northern Railroad Company.||Under general laws of Maryland, Dec. 22. 1896.||Consolidated Mar. 1, 1897, with 3, to form 2.|
|7||Frederick and Pennsylvania Line Rail Road Company.||Under special act of Maryland, Mar. 19, 1867.||Sold at judicial sale June 9, 1896, and reorganized Dec. 22, 1896, as 6.|
|8||Central Railroad of Maryland.||Under general laws of Maryland, Mar. 5, 1913.||Consolidated July 6, 1914, with 2, to form 1.|
The owned mileage of the York, Hanover and Frederick, 61.072 miles, was acquired through the consolidation of July 6, 1914. Of the seven corporations that comprise the line of succession culminating in the York, Hanover and Frederick as at present constituted, two corporations did not construct any road or other common-carrier property. These companies were the York, Hanover and Frederick Railroad Company and Frederick and Northern Railroad Company. The property constructed by the remaining corporations, the years when the various portions of the line were constructed, and the manner in which the York, Hanover and Frederick acquired the property are indicated in the following table.
|Acquired in the consolidation of July 6, 1914:|
|From the York, Hanover and Frederick Railroad Company, constructed by--|
|Hanover and York Railroad Company, York to Hanover, Pa., 1874-75||18.35|
|The Littlestown Rail Road Company (1866), Littlestown, Pa., to Pennsylvania-Maryland State line, 1870-71||2.30|
|Frederick and Pennsylvania Rail Road Company (1854), Frederick, Md., to Maryland-Pennsylvania State line, 1869-72||27.99|
|From the Central Railroad of Maryland, constructed by that company, Keymar to Union Bridge, Md., 1913-14||5.50|
|Total recorded miles||61.14|
|Difference between recorded mileage and mileage inventoried||0.068|
|Mileage inventoried as of date of valuation||61.072|
The York, Hanover and Frederick has connections with The Baltimore and Ohio Railroad Company at Frederick, Md., with The Northern Central Railway Company (Pennsylvania Railroad, lessee) at York, Pa., and with Western Maryland Railway Company at Keymar and Union Bridge, Md., and Hanover and York, Pa.
The entire property of the York, Hanover and Frederick is operated by the Pennsylvania Railroad, under the terms of an agreement effective July 6, 1914, between the York, Hanover and Frederick and The Northern Central Railway Company, which was assumed by the Pennsylvania Railroad under its lease of all of the property of The Northern Central Railway Company. The operating company collects the revenues and pays the cost of maintenance and operation and pays any remaining sum to the York, Hanover and Frederick. The agreement runs indefinitely and is terminable upon 30 days' notice by either party.
|Original data source:||Valuation Reports Vol. 23 pp 229, 231-232, 237|
Interstate Commerce Commission
Although published in 1929, the report is "...as of date of valuation" which was 30 June, 1918