Detroit, Monroe and Toledo Railroad
Open-knowledge reference entry
The Detroit, Monroe and Toledo Railroad (DM&T) was a shortline railroad which operated in the U.S. states of Michigan and Ohio. Opened in 1856, its main line ran from Detroit, Michigan, to Toledo, Ohio. The railroad leased itself to the Michigan Southern and Northern Indiana Railroad (MS&NI) in 1856. A 1914 merger which created the New York Central Railroad led to the DM&T's consolidation into the new road, ending its existence.
Founding and charter
On March 3, 1851, the state of Ohio granted a charter to the Michigan Southern and Northern Indiana Railroad (MS&NI), allowing it to build a rail line, in part, from Toledo, Ohio, to the Ohio-Michigan border.
The Detroit, Monroe and Toledo Railroad was incorporated in the state of Michigan on April 26, 1855, with headquarters in Detroit. The charter allowed for a line originating in Detroit, Michigan, passing roughly along the shoreline of Lake Erie to the small town of Monroe on the Ohio-Michigan border. The DM&T obtained from the MS&NI the right to continue the line from the Michigan border to Toledo.
By the end of June 1856, the DM&T had constructed 54 miles (87 km) of track from Detroit south to the Michigan state line. On July 1, 1856, the DM&T leased itself in perpetuity to the MS&NI. The terms of the lease required the MS&NI to finish the line from the Michigan border into Toledo, and to assume payment on all outstanding bonds and other debt of the DM&T. Over the next five months, the MS&NI completed the final 11 miles (18 km) of track, with the last rail laid on December 25, 1856.
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This entry incorporates text from “Detroit, Monroe and Toledo Railroad” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.