Encyclopedia Dubuque
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IOWA PACIFIC RAILROAD: Difference between revisions
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IOWA PACIFIC RAILROAD. | IOWA PACIFIC RAILROAD. The Iowa Pacific Railroad was incorporated on October 1, 1870. The goal of the road was to connect Dubuque with the western and northern boundaries of Iowa and to form connections with the Union Pacific and Northern Pacific railroads. (1) | ||
In 1872 faced with construction costs and urgency to lay track, railroad investors felt it would prove more profitable if the [[CHICAGO, DUBUQUE AND MINNESOTA RAILROAD]] and all the branches from it should be under one management. (2) The Iowa and Pacific was sold on April 29, 1873 to satisfy construction claims from Maurice Brown and George W. Mitchell. (3) | |||
The railroad existed from 1870 to 1879. It was succeeded by the [[DUBUQUE AND DAKOTA RAILROAD]] and the Mason City and Fort Dodge Railroad. ( | The Iowa Pacific was the rail link at Fayette, Iowa with the Turkey Valley branch of the Chicago, Dubuque and Minnesota Railroad. To enable this unified management, G. W. Mitchell and [[SMITH, Platt|Platt SMITH]] resigned as directors of the Iowa Pacific. [[GRAVES, Julius K.|Julius K. GRAVES]], president of the Chicago, Dubuque and Minnesota, replaced Mitchell as the president of the Iowa Pacific. [[RHOMBERG, Joseph A.|Joseph A. RHOMBERG]] and [[ANDREW, William|William ANDREW]] replaced Mitchell and Smith on the Iowa Pacific board of directors. (4) | ||
On January 3, 1876 Graves received word that $2,660,000 worth of bonds that been sold to capitalists in London, England. Negotiations of the sale had begun in August 1875. The money secured the completion from the [[CHICAGO, DUBUQUE AND MINNESOTA RAILROAD]] junction in Fayette County to Fort Dodge. (5) | |||
The railroad existed from 1870 to 1879. It was succeeded by the [[DUBUQUE AND DAKOTA RAILROAD]] and the Mason City and Fort Dodge Railroad. (6) | |||
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Source: | Source: | ||
1. "Iowa Pacific Railroad," ''Daily Herald'', April 23, 1872 | 1. "The Iowa Pacific," ''Dubuque Herald'', January 7, 1876, p. 4. Online: https://news.google.com/newspapers?nid=uh8FjILnQOkC&dat=18740107&printsec=frontpage&hl=en | ||
2. "Iowa Pacific Railroad," ''Daily Herald'', April 23, 1872 | |||
3. "Sale of the Iowa Pacific," ''Dubuque Herald'', April 25, 1873, p. 4. Online: https://news.google.com/newspapers?nid=uh8FjILnQOkC&dat=18730425&printsec=frontpage&hl=en | |||
4. Ibid. | |||
5. "The Iowa Pacific," | |||
6. "List of Iowa Railroads," Wikipedia. Online: http://en.wikipedia.org/wiki/List_of_Iowa_railroads | |||
[[Category: Railroads]] | [[Category: Railroads]] | ||
Revision as of 19:30, 10 November 2015
IOWA PACIFIC RAILROAD. The Iowa Pacific Railroad was incorporated on October 1, 1870. The goal of the road was to connect Dubuque with the western and northern boundaries of Iowa and to form connections with the Union Pacific and Northern Pacific railroads. (1)
In 1872 faced with construction costs and urgency to lay track, railroad investors felt it would prove more profitable if the CHICAGO, DUBUQUE AND MINNESOTA RAILROAD and all the branches from it should be under one management. (2) The Iowa and Pacific was sold on April 29, 1873 to satisfy construction claims from Maurice Brown and George W. Mitchell. (3)
The Iowa Pacific was the rail link at Fayette, Iowa with the Turkey Valley branch of the Chicago, Dubuque and Minnesota Railroad. To enable this unified management, G. W. Mitchell and Platt SMITH resigned as directors of the Iowa Pacific. Julius K. GRAVES, president of the Chicago, Dubuque and Minnesota, replaced Mitchell as the president of the Iowa Pacific. Joseph A. RHOMBERG and William ANDREW replaced Mitchell and Smith on the Iowa Pacific board of directors. (4)
On January 3, 1876 Graves received word that $2,660,000 worth of bonds that been sold to capitalists in London, England. Negotiations of the sale had begun in August 1875. The money secured the completion from the CHICAGO, DUBUQUE AND MINNESOTA RAILROAD junction in Fayette County to Fort Dodge. (5)
The railroad existed from 1870 to 1879. It was succeeded by the DUBUQUE AND DAKOTA RAILROAD and the Mason City and Fort Dodge Railroad. (6)
---
Source:
1. "The Iowa Pacific," Dubuque Herald, January 7, 1876, p. 4. Online: https://news.google.com/newspapers?nid=uh8FjILnQOkC&dat=18740107&printsec=frontpage&hl=en
2. "Iowa Pacific Railroad," Daily Herald, April 23, 1872
3. "Sale of the Iowa Pacific," Dubuque Herald, April 25, 1873, p. 4. Online: https://news.google.com/newspapers?nid=uh8FjILnQOkC&dat=18730425&printsec=frontpage&hl=en
4. Ibid.
5. "The Iowa Pacific,"
6. "List of Iowa Railroads," Wikipedia. Online: http://en.wikipedia.org/wiki/List_of_Iowa_railroads