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EL PASO AND
NORTHEASTERN RAILROAD. |
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The El Paso and Northeastern Railroad Company was
chartered on June 5, 1896. It was to connect El Paso with a point on the
boundary line between Texas and New Mexico twenty miles northeast of the
city. According to an amendment to the original articles of
incorporation the railroad had a capital stock of $300,000. Its
principal place of business was El Paso, and its first board of
directors comprised Charles B. Eddy and W. A. Hawkins of Eddy, New
Mexico; J. C. Osgood of Denver, Colorado; and S. H. Buchanan, Charles F.
Slack, C. C. Blodgett, and J. L. Bell of El Paso. On February 15, 1898,
the railroad acquired the El Paso Northern Railway Company from Charles
Eddy. Only slightly over four miles of this company was used; the
balance of the El Paso Northern was abandoned and the material removed
to be used elsewhere in the construction of the El Paso and Northeastern
line. At the Texas-New Mexico border the company connected with the El
Paso and Northeastern Railway Company, The two railroads formed a 164
mile route from El Paso to the coal fields near Capitan, New Mexico,
which opened on January 1, 1899. All of the equipment was supplied by
the El Paso and Northeastern Railway Company. Both the Texas and New
Mexico companies were subsidiaries of the New Mexico Railway and Coal
Company. |
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In May 1905 Phelps, Dodge, and Company acquired the
parent company, whereupon they dissolved that firm and established the
El Paso and Northeastern Company to own and control the rail lines. The
El Paso and Rock Island Railway Company opened a 128-mile line in
February 1902 from Carrizozo to Santa Rosa, New Mexico. At Santa Rosa
the line connected with a subsidiary of Chicago, Rock Island and Pacific
Railway Company, giving El Paso another outlet to the east. The El Paso
and Rock Island was acquired by the El Paso and Northeastern Company in
May 1905. A reorganization of the Phelps, Dodge interests in 1908
resulted in the formation of the El Paso Southwestern Company to acquire
and lease the properties of the El Paso and Northeastern Company. The
Southern Pacific Company acquired the El Paso Southwestern Company on
October 31, 1924, and operated the El Paso and Northeastern Railroad
Company under lease until November 18, 1937. On that date the company
was dissolved and the assets acquired by the El
Paso and Southwestern Railroad Company of Texas.
Nancy Beck Young
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