Indiana Bloomington and Western Railway
Encyclopedia
The Indiana, Bloomington and Western Railway was a railroad that once operated in Illinois
Illinois
Illinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,...

, Indiana
Indiana
Indiana is a US state, admitted to the United States as the 19th on December 11, 1816. It is located in the Midwestern United States and Great Lakes Region. With 6,483,802 residents, the state is ranked 15th in population and 16th in population density. Indiana is ranked 38th in land area and is...

, and Ohio
Ohio
Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

.

Its immediate predecessor, the Indianapolis, Bloomington and Western Railway, was formed on July 20, 1869, from the merger of the Indianapolis, Crawfordsville and Danville Railroad with the Danville, Urbana, Bloomington and Pekin Railroad. Both of these predecessor companies had been chartered in 1866, but construction of the railroads had not yet been completed at the time of the merger. After this combination, the railroad was completed and opened on October 1, 1869, connecting Pekin, Illinois
Pekin, Illinois
Pekin is a the county seat of Tazewell County in the U.S. state of Illinois. Located on the Illinois River, Pekin is also the largest city of Tazewell County, and a key part of the Peoria metropolitan area. As of the 2010 census, its population is 34,094. A small portion of the city limits extends...

, with Indianapolis, Indiana
Indianapolis, Indiana
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...

.

In 1879, there was a foreclosure and reorganization of the company, after which it was known as the Indiana, Bloomington and Western Railway. In 1881, it merged with the Ohio, Indiana and Pacific Railway (OI&P), which operated on partially completed tracks between Springfield, Ohio
Springfield, Ohio
Springfield is a city in the U.S. state of Ohio and the county seat of Clark County. The municipality is located in southwestern Ohio and is situated on the Mad River, Buck Creek and Beaver Creek, approximately west of Columbus and northeast of Dayton. Springfield is home to Wittenberg...

 and Indianapolis
Indianapolis, Indiana
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...

. The resulting company retained the Indiana, Bloomington and Western name. The OI&P rail line from Indianapolis east to Springfield (Ohio) was completed by the IB&W and opened in 1883.

The financial difficulties of the company continued, however, and in 1887 there was another foreclosure and sale of the company's assets. This resulted in a reorganization, after which the company was known as the Ohio, Indiana and Western Railway. The reorganization was unsuccessful, however, and another foreclosure ensued in 1889. After that reorganization, the line from Indianapolis westward was sold to the Peoria and Eastern Railway
Peoria and Eastern Railway
The Peoria and Eastern Railway was incorporated on February 21, 1890, for the purpose of constructing or acquiring a railway between Pekin, Illinois, and Indianapolis, Indiana. The following day, the company acquired such a railroad from Charles H...

, while the newer track east of Indianapolis was purchased by the Cleveland, Cincinnati, Chicago and St. Louis Railway
Cleveland, Cincinnati, Chicago and St. Louis Railway
The Cleveland, Cincinnati, Chicago and St. Louis Railway, also known as the Big Four Railroad and commonly abbreviated CCC&StL, was a railroad company in the Midwestern United States....

(Big Four).
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