Episode 2 of 2
Early Funding and Stock Authorizations
- When
- 1846
- Where
- Ohio
Two years after the 1844 charter, the state authorized Greene County and Xenia to purchase company stock; by April 1845 the company had raised only $200,000.
The state authorized Greene County to purchase $50,000 and the town of Xenia to purchase $5,000 of company stock two years after the 1844 charter. By April 1845, however, the company had raised only $200,000, highlighting the financial difficulties faced by the newly chartered railroad.
Sources
- Columbus and Xenia Railroad Wikipedia, revision of 2025-08-12
Machine-drafted from the cited Wikipedia passages and checked by a reviewing model, not by a human editor. Every passage cites the revision it was written from; dates and places follow those passages.