History of Westchester County, New York, from its Earliest Settlement to the Year 1900
By that time "the capital had been swollen to $1,1)50,000, and stili another increase of 81,000,000 was needed to carry the road through the county." The railway was constructed and in operation to Fordham by October, 1841, but had not been extended to White Plains until late in 1844, and it was not until June, 1847, that it was opened through to Croton Falls. Thus from the time when the first charter for a railroad to traverse Westchester County was granted, until the complete realization of the project, a period of fifteen years elapsed. The cost of construction 1 In 1842 a committee investigated a proposed railway route along the east shore of the Hudson River, and brought in a strongly adverse report. In this document it was alleged that the physical difficulties put the proposal beyond consideration; but the chief argument presented was as to " the impolicy of locating a great work of this sort upon a line imraediately adjacent to the Hudson River, where the novelty of the enterprise might seem to comtitute its chief value." (See Report, etc., to the New York board of aldermen, November 21. 1*42.) -The following, from Williams's "New York Annual Register for 1S35 " (p. 101). is of curious historical interest: " This road [Harlem Railroad] was chartered in the winter of 1831, with a capital of .$350,000.
The work was commenced in the spring of 1S32. The grade was required to correspond with the regulation of the streets, which had required much deep cutting and some high embankment. About four miles of the road are now in use. upon which pleasure cars are constantly run. for the accommodation of those who desire to get out of the city for a short time. When completed, there will be a tunnel of some length through a rock, at Yorkville, after which there will be a gradual descent to Harlsem River.