This started a battle between shareholders of the Eel River and the Wabash Company itself that lasted six years. Things would come to a head on 21 September 1891 when the Cass Circuit Court, at the behest of stockholders in the Eel River Company, named a Receiver for the company.
#Wabash em railroad story full#
Eel River shops at Logansport were closed and consolidated with the Wabash shops at Peru.Īnd full scale journalistic wars started between the two cities…and started including cities that weren’t even involved in the fight. The Eel River fell into almost immediate disrepair, as facilities fell out of use. Wabash traffic was routed along its own line from Logansport to Peru, where Detroit bound traffic would turn north to connect with the Eel River line at Chili. The new railroad sucked traffic off of the Eel River between Logansport and Chili almost immediately. And, it was believed that the locals that created the railroad did so under the watchful eyes of the Wabash Company. There was no pretense whatsoever in the name. The owners of that line gave it the name Peru & Detroit. That line was then leased to the Wabash for 99 years.
A local concern built a brand new short line connecting the Eel River Railroad at Chili to the Wabash Railroad at Peru. Well, they did for a while.ġ889, and things were going to get very nasty in the world of railroads and northern Indiana towns. But it depended on the financial strength of the Eel River to maintain that connection. Two weeks later, the DB&StL was merged into the Wabash, St. The name change of suggested that very thing when the company became known as the Detroit, Butler & St. The lease of the Eel River by the Wabash, and the creation of the Butler & Detroit by same Wabash, created a railroad that would create a direct line from Detroit to St. This new company, chartered on 22 June 1880, would build a railroad between the two title cities. The answer came in 1880 in the form of a new railroad company: The Butler & Detroit. What interest would Gould have in such a desolate railroad? Also, the road ran through the Hoosier countryside, only connecting even smaller towns along the way. In addition to the light rails, the Eel River ended at Butler, a town of less than 2,000 people. The Wabash itself owned and operated trackage from Toledo, through Fort Wayne, to Logansport. When it was leased by the Wabash for 99 years starting in 1879, the railroad had been built using 56 pound rail.
The construction of the Eel River was questionable at best. 16 years later, the Wabash found itself on the outside looking in. Two years later, the company fell under the sway of Jay Gould, controller of the Wabash, St. In 1877, it became the Eel River Railroad Company. That railroad company, and five of its successor companies, fell into financial problems. That 93 miles of track was completed in 1874. In 1853, a company was chartered to build a railroad across Northern Indiana connecting Logansport to Butler.
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