TOLEDO, TIFFEN AND EASTERN RAILROAD COMPANY
The Columbus, Tiffin and Toledo Railroad Company filed its certificate of organization with the Secretary of State August 21, 1867 (Record of Incorporations No. 4,p. 445), to construction a road from Columbus to Toledo.
September 23, 1871, a copy of decree of Seneca County Common Pleas Curt, June 8, 1870, was filed (Record No. 9, p. 151,) changing the name to The Baltimore and Ohio, Toledo and Michigan Railroad Company; and the termini of road to be constructed: the northern from Toledo northwardly to a point on the north line of Washington township, in Lucas county, and the southern to Lexington, Richland county, via Crestline.
There was also filed, same date (Record No. 9, p. 155), copy of decree of the same court, September 9, 1871, changing name of company from The Baltimore and Ohio, Toledo and Michigan, to “The Toledo, Tiffin and Eastern Railroad Company.”
Under provisions of act of May 4, 1869 (66 O. L., 83), the City of Toledo contracted with the Mansfield, Coldwater and Lake Michigan Railroad Company and this company to build the “Toledo and Woodville Railroad,” issued therefore bonds of the city for $425,000, and March 18,1873, leased the road to said contractors for the term of 999 years, the lessees to pay “as rent for the said demised premises during the continuance of the whole term aforesaid a sum equal in amount to any and every dividend which may at any time be earned or declared upon the preferred stock of the Toledo, Tiffin and Eastern Railroad, upon shares thereof amounting in the aggregate to $400,000, * * * but the said rent shall not exceed the sum of 7 per cent per annum upon said sum of $400,000.” The lessees or their assigns shall grant to the Atlantic and Lake Erie Railroad Company the right of joint occupancy with said lessees and their assigns of said Toledo and Woodville Railroad during the continuance of said term, and also of the railway bridge which said lessee, as one condition of the lease aforesaid, agrees to construct from the terminus of said road on the southerly side of the Maumee river to the northerly side thereof and of the passenger depot buildings, upon such terms as they may agree upon.
This company has included the Toledo and Woodville Railroad in the Mortgage securing its bonded debt, treating it, in fact, as a part of its own road. The line has been completed from Tiffin to Toledo, 43 miles, including the “Toledo and Woodville Railroad,” and is, with the road of the Mansfield, Coldwater and Lake Michigan Railroad Company, under lease for 999 years to the Pennsylvania Company, by whom they are operated in connection with its other lines.
Map Toledo, Tiffin and Eastern 1878 (Toledo and Woodville part of)
Web page by Henry F. Burger 6/26/2013
