Jeffersonville, Madison and Indianapolis Railroad


The Jeffersonville, Madison and Indianapolis Railroad was formed in 1866 as a merger between the Indianapolis and Madison Railroad and the Jeffersonville Railroad.

Genealogy

The JM&I predecessors were as follows:
The Ohio and Indianapolis Railroad was chartered February 3, 1832, to build a line from Indianapolis south to the Ohio River at Jeffersonville, Indiana. The company was not organized until March 17, 1848, and on February 3, 1849, it was renamed the Jeffersonville Railroad.
The first section, from Jeffersonville to just north of Memphis, Indiana, opened in 1850. The next year it leased the Knightstown and Shelbyville Railroad, starting to operate it in 1852. The line opened north to Columbus in August 1852, and on September 1, 1852, it began operating the Rushville and Shelbyville Railroad under lease.
On January 27, 1836, an act of the Indiana General Assembly established Indiana's first railroad to actually be built. Construction began on the state-owned Madison and Indianapolis Railroad on September 16, 1836. After building only from Madison to Queensville by 1841, the railroad was transferred to private ownership on June 20, 1842, as the Madison and Indianapolis Railroad Company. This entity completed the remainder of the line from Queensville to Indianapolis, a distance of, by 1847. Although it was successful for more than a decade, it went into decline, was sold at foreclosure on March 27, 1862, and renamed the Indianapolis and Madison Railroad. The successor company abandoned the M&I's of trackage between Columbus and Edinburgh in 1864 and began running over the Jeffersonville Railroad's nearby tracks.
Organized on April 30, 1866, for the purpose of uniting the two lines, the Jeffersonville, Madison and Indianapolis Railroad Company absorbed the Indianapolis & Madison the next day, with the Jeffersonville Railroad being officially merged in on June 1 of that same year, upon the filing of the Articles of Consolidation.
On May 22, 1868, the Reno Gang held up the JM&I Railroad train at Marshfield, Scott County, Indiana, and escaped with $90,000 in cash described as being in "new notes." The money was never officially recovered and in today's value, represented more than $2 million.
The Scottsburg Depot opened in 1872. It was placed on the National Register of Historic Places in 1991.