The Peoria and Eastern Railway was incorporated on February 21, 1890, for the purpose of constructing or acquiring a railway between
Pekin, Illinois
Pekin () is a city in and the county seat of Tazewell County, Illinois, Tazewell County in the U.S. state of Illinois. Located on the Illinois River, Pekin is the largest city of Tazewell County and the second most populous municipality of the Pe ...
, and
Indianapolis, Indiana
Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Mari ...
. The following day, the company acquired such a railroad from
Charles H. Coster and
Samuel Spencer, who had purchased the railroad in a foreclosure sale of the
Ohio, Indiana and Western Railway, which had become insolvent the previous year. On the same day, the company entered into an agreement with the
Cleveland, Cincinnati, Chicago and St. Louis Railway, surrendering operation and control of the railroad to that company, also known as the "Big Four".
Defunct Illinois railroads
Defunct Indiana railroads
Railroads transferred to Conrail
Former Class I railroads in the United States
Predecessors of the New York Central Railroad
Railway companies established in 1890
Railway companies disestablished in 1976
Defunct Ohio railroads
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