Changes

'''The Wichita Falls Railway''' is a defunct railroad that extended for eighteen miles from  [[Wichita Falls]] to Henrietta in Clay County in northern [[Texas]]. There it joined the larger Missouri, Kansas and Texas Railroad]], often called the "Katy.". The railway was built between 1894 and 1895 by the entrepreneur [[Joseph A. Kemp]].

'''The Wichita Falls Railway''' is a defunct railroad that extended for eighteen miles from  [[Wichita Falls]] to Henrietta in Clay County in northern [[Texas]]. There it joined the larger Missouri, Kansas and Texas Railroad, often called the "Katy.". The railway was built between 1894 and 1895 by the entrepreneur [[Joseph A. Kemp]].

The initial capital of $100,000 to build the railway was augmented with the sale of $20,000 worth of stock and $250,000 in bonds.<ref name=kemp/> Railway board members included Robert E. Huff, A. Newby, and Joseph Kemp, all of Wichita Falls; M. J. Tompkins of Vernon in Wilbarger County, and Leon Blum, Morris Lasker, and Julius Runge, all from [[Galveston, Texas|Galveston]], Texas. The railway owned no rolling stock but leased its track to the Katy. This arrangement proved profitable for its thirty-one stockholders, the most prominent having been Kemp and his brother-in-law [[Frank Kell]], another Wichita Falls entrepreneur. In the period from 1899 to 1901, the Wichita Falls Railway paid [[dividend]]s averaging more than $13,000 per year.<ref name=tshao/> The line was sold to the Katy in 1911, which then built in Wichita Falls a station, offices, a roundhouse, and three switching tracks.<ref name=kemp>{{cite web|url=http://www.tshaonline.org/handbook/online/articles/fke14|author=Brian Hart|title=Kemp, Joseph Alexander|publisher=Handbook of Texas Online: Texas State Historical Association|accessdate=March 7, 2021}}</ref> The track operated under lease until 1969, when it was superseded by the parent company. The original eighteen miles of railway were finally abandoned in 1970.<ref name=tshao>{{cite web| url=http://www.tshaonline.org/handbook/online/articles/eqw14|title=Wichita Falls Railway|publisher=Handbook of Texas Online: Texas State Historical Association|author=Clark Wheeler| date=June 15, 2010|accessdate=March 7, 2021}}</ref><ref>The Texas State Historical Association bases its information on the Wichita Railway from: V. V. Masterson, ''The Katy Railroad and the Last Frontier'' (Norman, Oklahoma: [[University of Oklahoma]].</ref>  

The initial capital of $100,000 to build the railway was augmented with the sale of $20,000 worth of stock and $250,000 in bonds.<ref name=kemp/> Railway board members included Robert E. Huff, A. Newby, and Joseph Kemp, all of Wichita Falls; M. J. Tompkins of Vernon in Wilbarger County, and Leon Blum, Morris Lasker, and Julius Runge, all from [[Galveston, Texas|Galveston]], Texas. The railway owned no rolling stock but leased its track to the Katy. This arrangement proved profitable for its thirty-one stockholders, the most prominent having been Kemp and his brother-in-law [[Frank Kell]], another Wichita Falls entrepreneur. In the period from 1899 to 1901, the Wichita Falls Railway paid [[dividend]]s averaging more than $13,000 per year.<ref name=tshao/> The line was sold to the Katy in 1911, which then built in Wichita Falls a station, offices, a roundhouse, and three switching tracks.<ref name=kemp>{{cite web|url=http://www.tshaonline.org/handbook/online/articles/fke14|author=Brian Hart|title=Kemp, Joseph Alexander|publisher=Handbook of Texas Online: Texas State Historical Association|accessdate=March 7, 2021}}</ref> The track operated under lease until 1969, when it was superseded by the parent company. The original eighteen miles of railway were finally abandoned in 1970.<ref name=tshao>{{cite web| url=http://www.tshaonline.org/handbook/online/articles/eqw14|title=Wichita Falls Railway|publisher=Handbook of Texas Online: Texas State Historical Association|author=Clark Wheeler| date=June 15, 2010|accessdate=March 7, 2021}}</ref><ref>The Texas State Historical Association bases its information on the Wichita Railway from: V. V. Masterson, ''The Katy Railroad and the Last Frontier'' (Norman, Oklahoma: [[University of Oklahoma]].</ref>