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Toledo, Port Clinton and Lakeside Railway : ウィキペディア英語版 | Toledo, Port Clinton and Lakeside Railway
The Toledo, Port Clinton and Lakeside Railway was an interurban electrified railway system serving northwestern Ohio's Marblehead Peninsula. It was incorporated in 1902, began operating in 1905 and only ceased operations in 1958, much later than most other interurbans. It originally linked Genoa with the resort town of Port Clinton, a distance of 23 miles, and was then extended to Marblehead from Port Clinton, a further 12 miles. Originally, the railway's cars entered Toledo over the Lake Shore Electric Railway's tracks from an interchange at Genoa, but in 1906 the TPC&L constructed its own line into Toledo, connecting with the city's streetcar system at Starr Avenue. The TPC&L ran over streetcar tracks to Toledo's business district. A further three-mile extension to the pier at Bay Point in 1911 gave a ferry connection to Sandusky. == Financing and Construction == The company was founded and initially financed by a group of successful Toledo, Ohio businessmen led by Theodore Schmitt, who became the firm's first president and invested a substantial proportion of his own money into the venture. Additional funds were acquired through the sale of $1.5 million in bonds at 5% interest. The cost of constructing the line was reported as $1,542,586 in 1909, or $30,425 per mile, which was a high cost for an interurban; this reflected high quality construction especially of the bridges on the line. While the line had no problems producing an operating profit, the interest payments made for an overall loss at first.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Toledo, Port Clinton and Lakeside Railway」の詳細全文を読む
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