Canadian Pacific Ltd. won the right to buy the bankrupt Delaware & Hudson Railway for $35 million, beating five other bidders.
Train rides were offered between the passenger station (located near the interchange with Delaware and Hudson Railway) and the end of track at Mickle Bridge.
This land was acquired in July 2003 by the City of Toronto from the St. Lawrence and Hudson Railway.
The cost of construction was C$38,718.30 in 1930 ($513,096.30 in 2011 Dollars) and it was built by the Delaware & Hudson Railway.
The discussions of consolidation turned into merger talks, at first including the Delaware & Hudson Railway.
CP, Whitehall to Schenectady (former Delaware and Hudson Railway)
Delaware and Hudson Railway is purchased by Guilford Transportation Industries.
June 20: Guilford Transportation Industries subsidiary Delaware and Hudson Railway files for bankruptcy.
January: Canadian Pacific Ltd. purchases the bankrupt Delaware and Hudson Railway.
The company also owns the Delaware & Hudson Railway.
