Most of the nine incorporators were businessmen operating in the vicinity of Chester, the site of extensive iron mining.
[1] The railroad was authorized to issue $150,000 of capital stock, but this amount exceeded the resources of local investors.
[3] There is some evidence to suggest that Budd had plans to extend the railroad north through Scudder's Gap to Flanders, in Washington Township.
In addition to passenger service, the railroad was soon shipping significant quantities of coal, lime, and iron ore.[3] In 1869[3] or 1870,[5] the Ferromonte Railroad opened, connecting to the Chester Branch at Vannatta Junction, near Kenvil, running east to several large ore mines.
[7] Freight shipments on the branch were minimal, and it was abandoned south of Righter Road in Succasunna effective December 7, 1933.