Scope and Contents
This collection contains items related to the foreclosure sale of the Ohio Falls Car and Locomotive Company of Jeffersonville, Indiana, including a May 15, 1876 "Description and Terms of Sale" document; a June 16, 1876 circular letter to the bondholders of the company; a July 1, 1876 letter written by Joseph W. Sprague and sent to Joseph W. Alsop of New York City; an August 10, 1876 estimate of the value of the property written by Sprague; a copy of a flyer advertising the August 14, 1876 sale of the company at public auction; and two additional letters sent by Sprague to Alsop dated August 15 and August 29, 1876. The collection also includes a stock certificate issued to Edwin Bartlett on September 27, 1864 for 300 share of the capital stock of the company.
Conditions Governing Access
This collection is open for research.
Conditions Governing Use
Legal title, copyright, and literary rights reside with Rare Books and Manuscripts, Indiana State Library, Indianapolis, IN. All requests to publish or quote from manuscripts must be submitted to Rare Books and Manuscripts.
The Ohio Falls Car and Locomotive Company was organized on June 1, 1864 at Jeffersonville, Indiana. On October 1, 1866, Joseph W. Sprague took charge of the works as president and general manager. The company suffered a disastrous fire in 1872 but was rebuilt by 1875. Following the panic of 1873, the company struggled financially and was sold under foreclosure on August 31, 1876. The entire property was purchased by the Ohio Falls Car Company, a new organization composed of the stockholders and creditors of the old company. Joseph W. Sprague continued as president and general manager until he retired in 1888 and sold his large stock interests to his associates. The company produced thousands of railroad cars before being sold to the American Car and Foundry Company in 1899.
"Another Account." Evansville Daily Courier (IN), September 1, 1876. https://www.newspapers.com.
"Minor Notes." Indianapolis Journal (IN), November 21, 1888. https://www.newspapers.com.
"Ohio Falls Car Works." Indiana State Sentinel (Indianapolis, IN), September 6, 1876. https://www.newspapers.com.
Simons, Richard S. and Francis H. Parker. Railroads of Indiana. Bloomington, IN: Indiana University Press, 1997.
0.01 Cubic Feet (1 folder)
Language of Materials