
Stockton and Darlington Railway Company
Incorporated on 19th April 1821.
An early line running 25 miles between the towns, with branches to collieries and the River Tees. Originally built as a horse tramroad, the line was at first accessible to anyone with suitable vehicles! It was soon converted in 1822-23 to allow steam locomotive use as well as horse power, costing approximately £250,000, and was the first ‘railway’ authorised to carry passengers using locomotive power. The railway opened in September 1825, was extended to the port of Middlesborough in the 1830’s, and joined the North Eastern Railway in 1863, alone owning 200 miles of track and 160 locos.
Original Capital £275,000 divided into; 2,000 Whole shares of £100 each; 1,000 Half Shares of £50 each; and 1,000 Eighth Shares of £12.10s each. Loans of £170,000. Total capital by Act of 1852 £1,050,000.
1821