Ohio Electric Railway

The Ohio Electric Railway was an interurban railroad formed in 1907 with the consolidation of 14 smaller interurban railways. It was Ohio's largest interurban, connecting Toledo, Lima, Dayton, Columbus, and Cincinnati. At its peak it operated 617 miles (993 km) of track. Never financially healthy, the company went bankrupt in 1921 and was dissolved into its constituent companies.

History

The Ohio Electric Railway was formed on May 16, 1907. The organizers of the new company were Randal Morgan, W. Kesley Schoepf, and Hugh J. McGowan.^[1] Beginning in September 1907 and continuing into 1908 the new company acquired or leased the fourteen other companies which would comprise its system:^[2]

The Ohio Electric proved to be financially unsound. It paid no dividends during its corporate existence and lost $1.5 million as a result of the Great Dayton Flood in 1913. In 1918 it spun off its Cincinnati–Dayton line to the Cincinnati and Dayton Traction company. This trend continued in 1920 when spun off the Dayton and Western Traction in its entirety. The end came in 1921: the company went bankrupt and dissolved. Most of the constituent companies went bankrupt as well, but continued operating. Several companies would later come together to form the Cincinnati and Lake Erie Railroad in 1930.^[3]

Notes

References

• Hilton, George W.; Due, John Fitzgerald (1960). The Electric Interurban Railways in America. Stanford, CA: Stanford University Press. ISBN 0804705534. OCLC 237973. 
• Cincinnati and Lake Erie

Further reading

• Keenan, Jack (1974). Cincinnati & Lake Erie Railroad: Ohio's Great Interurban System. Corona Del Mar, CA: Golden West Books. ISBN 0-8709-5055-X. 
• Middleton, William D. (1961). The Interurban Era. Milwaukee, WI: Kalmbach Publishing. ISBN 978-0-89024-003-8. OCLC 4357897. 

See also

• Cincinnati and Lake Erie Railroad