Biographical / Historical
The Erie Railroad was founded in 1832 by large group of investors from the Southern Tier Counties of New York. Among these investors, businessman Eleazar Lord had been among the originators and later became the first president of the company. The railroad's construction took place from 1832 to 1851 with a seven-year pause between 1842 and 1849.
At the time of its completion, the Erie Railroad was the largest railway system in the United States, both in length, 446 miles, and in gauge, six feet. Thanks to its tracks span from New Jersey to Illinois and itsabove-average gauge, it could transport larger cargo.
Throughout its history the company underwent numerous bankruptcies and merged with several companies. The first merger was in 1960 with the Delaware, Lackawanna and Western Railroad creating the Erie Lackawanna Railroad. The second was in 1976 when the once-again bankrupt company merged with five other lines to create Conrail.
Source
Allegany County Historical Society, Andover, New York
https://www.alleganyhistory.org/culture/transportation/railroads/erie-railroad/1060-the-erie-railroad (Last accessed on Decemeber 3, 2019)