In this article we are going to delve into Peoria and Eastern Railway, a topic that has captured the attention of many people in recent years. Peoria and Eastern Railway is a topic that covers a wide range of aspects, from its impact on society to its implications in the business world. Throughout this article, we will look at the different facets of Peoria and Eastern Railway and explore how it has evolved over time. Furthermore, we will examine its relevance today and discuss its possible impact in the future. From its origins to its contemporary applications, Peoria and Eastern Railway is a topic that continues to generate interest and debate, and we are excited to dive into its study in this article.
This article needs additional citations for verification. (November 2024) |
The Peoria and Eastern Railway was incorporated on February 21, 1890, for the purpose of constructing or acquiring a railway between Pekin, Illinois, and Indianapolis, Indiana. The following day, the company acquired such a railroad from Charles H. Coster and Samuel Spencer, who had purchased the railroad in a foreclosure sale of the Ohio, Indiana and Western Railway, which had become insolvent the previous year. On the same day, the company entered into an agreement with the Cleveland, Cincinnati, Chicago and St. Louis Railway, surrendering operation and control of the railroad to that company, also known as the "Big Four".[1]