Event of 1868: The Lake Ontario Shore Railroad Company is organized in Oswego, New York. (1868–1874)

The Lake Ontario Shore Railroad Company was organized in Oswego, New York, on March 27, 1868. Chartered in 1858 to connect Suspension Bridge to Oswego, the entity was a short-lived common carrier. It was eventually absorbed by the Rome, Watertown and Ogdensburg Railroad following a foreclosure sale in 1874.

Episodes

Background and detail

Background. The Lake Ontario Shore Railroad (LOSRR) was a short-lived common carrier railroad in New York. It was originally chartered in 1858 to be built from Suspension Bridge, New York, to Oswego, New York. The company was later absorbed by the Rome, Watertown and Ogdensburg Railroad, which reorganized it as the Lake Ontario Railroad Company.

Organization. The Lake Ontario Shore Railroad Company was founded in Oswego on March 27, 1868. This event marks the formal organization of the entity that would operate as a common carrier in New York. The company's existence was brief, as it was eventually sold in court under foreclosure to another railroad entity.

Absorption. On September 22, 1874, the railroad was sold in court under foreclosure to the Rome, Watertown and Ogdensburg Railroad. This entity reorganized the railroad as the Lake Ontario Railroad Company on September 29. This transition marked the end of the Lake Ontario Shore Railroad Company's independent operation.

People involved

Sources

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