Argentine Central Railway

The line would have extended onward to Keystone, Colorado, and a junction with the Denver, South Park and Pacific Railroad.

[1][4][5] The fall of silver prices after the Panic of 1907 ruined Wilcox, causing him to sell the railroad in 1908 for only $44,000, taking an estimated loss of $256,000 on the line.

The buyer, David W. Brown of Colorado, planned an expansion in the tourist traffic and revitalised the concept of reaching Grays Peak, but the money was never there.

[8] Arguments about whether the rolling stock of the railroad was properly included in the sale led to a lawsuit that was resolved in the Colorado Supreme Court in 1915.

While the new owners were mostly interested in freight traffic, the tourist business brought in sufficient money that it was resumed for the 1913 summer season.

[14] Despite the costs saved by the switch to self-propelled railcars, the railroad was not profitable without the regular freight traffic it had previously carried.