March 3, 1871 - United States Congress grants a charter to the Texas Pacific Railroad Company.
1871 - Texas legislature charters the company and grant permission to purchase the Southern Trans-Continental Railway Company and the Southern Pacific Railroad Company. Note: This is a different Southern Pacific Railroad company from the one referred to above.
March 21, 1872 - The Southern Pacific is purchased.
March 30, 1872 - Southern Trans-Continental Railway Company is purchased.
1872 - Thomas A. Scott, president of the Pennsylvania Railroad, becomes president of the Texas & Pacific.
May 2, 1872 - an Act of Congress changes the name to Texas and Pacific Railway Company.
June 12, 1873 - Memphis, El Paso and Pacific Railroad Company purchased.
July 1, 1873 - First rail line opened between Longview, Texas, and Dallas, Texas.
December 28, 1873 - Rail line from Marshall, Texas, to Texarkana, Texas, placed in service.
1881 - Abilene, TX connected to the line.
1919 - Soon after World War I, the company enters receivership.
1924 - A much improved company exits receivership under a plan that features important adjustments in its debt structure.
1925 - Lima Locomotive Works delivers 2-10-4 locomotives to the T&P. The type is nicknamed "Texas" as a result. The locomotives prove their worth for two decades, quickly moving a greatly expanded amount of traffic during WW II. The T&P eventually owns 70 of the famed 600 class units.
1929 - The Texas and Pacific's operating revenue reaches $50.8 million.
1933 - In the depths of the Great Depression, earnings drop to $20.2 million, but the T&P withstands the drastic deduction.
1945 - W.G. Volmer becomes president of the T&P after nearly 34 years with parent Missouri Pacific.
1950 - The T&P scraps more and more of its steam locomotives in favor of diesel power, which has become a great asset to the company's western lines where water supply is a major concern.
October 15, 1976 - merged with the Missouri Pacific.
Revenue Freight Traffic (Millions of Net Ton-Miles)
T&P KO&G/KO&G of TX Midland Valley Cisco & Northeastern Pecos Valley Southern Texas Short Line
1925 1,763 193 230 4 7 0.8
1933 1,498 163 84 (with T&P) (with T&P) (with T&P)
1944 4,761 412 113
1960 4,168 495 97
1970 5,854 150 (merged Apr 1970) (merged 1967)
"T&P" includes its subsidiary roads (A&S, D&PS, T-NM etc.); operated route-miles totaled 2,259 at the end of 1929 (after C&NE, PVS and TSL had become subsidiaries) and 2,033 at the end of 1960.
The Texas and Pacific was unable to finance construction to San Diego, and as a result the Southern Pacific was able to build from California to Sierra Blanca, Texas. In doing so, Southern Pacific used land designated for, and surveyed by Texas and Pacific, in its rail line from Yuma, Arizona, to El Paso, Texas. This resulted in lawsuits, which were settled with agreements to share tracks, and to cooperate in the building of new tracks. Most of the features advantageous to Texas and Pacific were later disallowed by legislation.
Under the influence of General Buell the TPRR was originally to be 3 ft 6 in gauge, but this was overturned when the state legislature passed a law requiring 4 ft 8 1⁄2 in gauge.
From 1873 to 1881 the Texas and Pacific built a total of 972 miles of track; as a result it was entitled to land grants totaling 12,441,600 acres . T&P, however, received land only for the construction of track east of Fort Worth. This meant the firm received only 5,173,120 acres. The State of Texas did not award the additional area because, it said, the construction had not been completed within the time required by the firm's charter. Indeed, then state Attorney General Charles A. Culberson filed suit to recover 301,893 acres on the grounds that "the road had been granted land partly on sidetracks and partly on land not subject to location." The state ultimately recovered 256,046 acres giving a net grant to the T&P of 4,917,074 acres, or 7,683 square miles. By comparison, the state of Connecticut is 5,543 square miles.
Texas Pacific Land Trust
The Texas Pacific Land Trust (NYSE: TPL) was created in 1888 in the wake of the bankruptcy of the T&P in order to provide an efficient and orderly way to sell the railway's land, receiving at the time in excess of 3.5 million acres. As of 31 December 2006 the Trust was still the largest private land owner in the State of Texas, owning the surface estate of 966,392 acres spread across 20 counties in the western part of the state. The Trust also generates income from oil & gas royalties through its 1/128 non-participating royalty interest under 85,414 acres and 1/16 non-participating royalty interest under 386,988 acres.
Texas and Pacific Railway
The Texas and Pacific Railway Company (reporting mark TP) was a Class I railroad that operated at its peak, 2,259 miles of road in the states of Texas, Louisiana, and Arkansas, from 1871 until 1976. Commonly known as the T&P, the line was created by a federal charter in 1871 for the purpose of building a southern transcontinental railroad between Marshall, Texas, and San Diego, California. The company's headquarters were in Marshall, Texas.
The T&P had a significant foothold in Texas by the mid-1880s. Construction difficulties delayed westward progress, until American financier Jay Gould acquired an interest in the railroad in 1879. The T&P never reached San Diego; instead it met the Southern Pacific at Sierra Blanca, Texas, in 1881. The Texas and Pacific's long main line stretched 1,167 miles from New Orleans in the southeast corner of Louisiana, to El Paso, in the westernmost corner of the immense state of Texas.
An Extensive Texas & Pacific Slide Show.
Black & white photos by Robert Yarnell Ritchie, circa 1946, from the DeGolyer Collection, SMU Digital Library.
Builder's portrait of Texas & Pacific EMD F7 No. 1500 in alternate paint livery.
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Text: wikipedia.org. Images: Public Domain; http://www.commons.wikimedia.org (unless otherwise specified) and 17 U.S. Code § 107 fair use. References: Lewis, Robert G. The Handbook of American Railroads. New York: Simmons-Boardman Publishing Corporation, 1951, 2nd Edition 1956. Site Map Contact webmaster HERE.