| Incorporated 3/15/1901, road completed in 1902. Leases property from International Harvester and 0.79 miles of track from AT&SF. On 2/7/1950, leased additional 5.22 miles of track from AT&SF. On 1/4/1950, the AT&SF purchased controlling interest from International Harvester. Ownership: 51% AT&SF, 25% CB&Q, 12% PRR, and 12% NYC. Ownership changed to 51% AT&SF, 25% BN and 24% PC. Ownership changed in Aug 1971, to 68.4% AT&SF, 31.6% BN. AT&SF acquired full ownership on 11/23/1971. AT&SF fully absorbed the Illinois Northern on 2/16/1975. |