It was established in 1892 to construct an electrified interurban railway line between Portland and Oregon City, on the east side of the Willamette River.

This line opened in 1893; the company failed financially and was acquired by the Portland City and Oregon Railway in 1901.

The two already operated street railways in Portland, Oregon, and sought to expand their interests.

Joseph Simon served as receiver; the Steel brothers continued to operate the company.

[8] The East Side's line eventually became part of the Portland Railway, Light and Power Company system.