Cape Cod

Company History: The Cape Cod Railroad was a railroad in southeastern Massachusetts. It was incorporated in 1846 as the Cape Cod Branch Railroad to provide a rail link from the Fall River Railroad line in Middleborough to Cape Cod. Among the proponents of the Cape Cod Branch Railroad were Col. Richard Borden of Fall River, who saw the new line as an opportunity to bring more traffic and business through his hometown. He was at one time president of the Bay State Steamboat Company, which together with the Old Colony Railroad formed the noted "Fall River Line". He was later elected president of the Cape Cod Railroad. On January 26, 1848, the first 14.7-mile (23.7 km) segment of the railroad was opened between Middleborough and Wareham. By May 1848 an additional 12.9 miles (20.8 km) was opened to Sandwich, enabling unimpeded transit between Boston and Sandwich, thus serving the needs of the Boston & Sandwich Glass Company. In 1853, the extension of the line to Hyannis was started, reaching West Barnstable on December 22, 1853. On February 22, 1854, the Cape Cod Branch Railroad was renamed the Cape Cod Railroad Company. In the spring of 1854, construction continued, with the railroad reaching Barnstable village May 8, Yarmouth Port May 19, and finally Hyannis on July 8, 1854. Connecting steamboat service to Nantucket commenced from Hyannis in late September and would continue until 1872.https://en.wikipedia.org/wiki/Cape_Cod_RailroadFrom Wikipedia

Successor/Parent History: The New York, New Haven and Hartford Railroad (reporting mark NH), commonly known as the New Haven, was a railroad that operated in New England from 1872 to 1968, dominating the region's rail traffic for the first half of the 20th century.

Beginning in the 1890s and accelerating in 1903, New York banker J. P. Morgan sought to monopolize New England transportation by arranging the NH's acquisition of 50 companies, including other railroads and steamship lines, and building a network of electrified trolley lines that provided interurban transportation for all of southern New England. By 1912, the New Haven operated more than 2,000 miles (3,200 km) of track, with 120,000 employees, and practically monopolized traffic in a wide swath from Boston to New York City.

This quest for monopoly angered Progressive Era reformers, alienated public opinion, resulted in high prices for acquisitions, and increased construction costs. Debt soared from $14 million in 1903 to $242 million in 1913, even as the advent of automobiles, trucks and buses reduced railroad profits. Also in 1913, the federal government filed an anti-trust lawsuit that forced the NH to divest its trolley systems.

The line became bankrupt in 1935, was reorganized and reduced in scope, went bankrupt again in 1961, and in 1969 was merged with the Penn Central system, formed a year earlier by the merger of the also bankrupt New York Central Railroad and Pennsylvania Railroad; Already a poorly conceived merger, Penn Central proceeded to go bankrupt in 1970, becoming the largest bankruptcy in the U.S. until the Enron Corporation superseded it in 2001. The remnants of the system now comprise Metro-North Railroad's New Haven Line, (parts of) Amtrak's Northeast Corridor, Shore Line East, parts of the MBTA, and numerous freight operators such as CSX and the Providence and Worcester Railroad. The majority of the system is now owned publicly by the states of Connecticut, Rhode Island, and Massachusetts.

Read more on Wikipedia and New Haven Railroad Historical and Technical Association, Inc.

Brief History: The U.S. is a country of 50 states covering a vast swath of North America, with Alaska in the northwest and Hawaii extending the nation’s presence into the Pacific Ocean. Major Atlantic Coast cities are New York, a global finance and culture center, and capital Washington, DC. Midwestern metropolis Chicago is known for influential architecture and on the west coast, Los Angeles' Hollywood is famed for filmmaking.