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Jeffersonville, Madison and Indianapolis Railroad

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Jeffersonville, Madison and Indianapolis Railroad
Company typeRailroad
IndustryRail transport
PredecessorIndianapolis and Madison Railroad, Jeffersonville Railroad
Founded1866
Defunct1890
Headquarters
Indianapolis
,
United States
Area served
Indiana

The Jeffersonville, Madison and Indianapolis Railroad (JM&I) came into existence in 1866 through the combination of the Indianapolis and Madison Railroad and the Jeffersonville Railroad.

Genealogy

The historical development of the JM&I traces back through the following railroads:

  • Jeffersonville, Madison and Indianapolis Railroad
    • Indianapolis and Madison Railroad 1866
      • Madison and Indianapolis Railroad 1862
        • Madison, Indianapolis & Lafayette Railroad 1843
    • Jeffersonville Railroad 1866
      • Ohio and Indianapolis Railway 1849
      • Knightstown & Shelbyville Railroad 1852 (discontinued 1868)
      • Shelbyville Lateral Railroad 1851 (discontinued 1867)
    • Shelby and Rush Railroad 1882
      • Rushville and Shelbyville Railroad 1859
    • Columbus and Shelby Railroad 1881
    • Lake Erie and Louisville Railroad 1890
      • Lake Erie and Pacific Railroad 1865
      • Fremont, Lima & Union Railroad 1865
        • The Fremont and Indiana Railroad 1861

History

Originally chartered in 1832 under the name Ohio and Indianapolis Railroad with the goal of linking Indianapolis to the Ohio River at Jeffersonville, Indiana, the company was formally organized in 1848. It adopted the name Jeffersonville Railroad in 1849, with its initial track segment opening northward from Jeffersonville in 1850. Growth continued through leasing arrangements such as with the Knightstown and Shelbyville Railroad in 1852, alongside operating the Rushville and Shelbyville Railroad starting that same year.[1]

The Madison and Indianapolis Railroad, notable as Indiana’s first railroad constructed beginning in 1836 under state ownership, transitioned to private hands in 1842. It completed its route to Indianapolis by 1847 but eventually experienced financial difficulties culminating in foreclosure by 1862. Subsequently reorganized as the Indianapolis and Madison Railroad (I&M), it reduced certain track segments to utilize routes operated by the Jeffersonville Railroad.[2]

On April 30, 1866, these railroads merged to form JM&I with the purpose of unifying operations; this consolidation was officially recorded on June 1 through Articles of Consolidation.

Among its historical incidents, JM&I experienced a significant robbery on May 22, 1868, when the Reno Gang stole $90,000 in cash at Marshfield—a sum equivalent to more than $2 million today.

In terms of infrastructure development, the Scottsburg Depot was inaugurated in 1872 under JM&I’s management; it later earned recognition by being added to the National Register of Historic Places in 1991.[3][4]

See also

References

External links

  1. ↑ Cite error: Invalid <ref> tag; no text was provided for refs named citation needed
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  4. ↑ Cite error: Invalid <ref> tag; no text was provided for refs named nris
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