The founders were Henry Walton, John Clarke, William A. Langworthy, John H. Steele, Miles Beach, Gideon W. Davison, and Rockwell Putnam.
[1] The line was opened from Schenectady to Ballston Spa on July 12, 1832, and extended to Saratoga Springs in 1833 for a total of 20.8 miles (33.5 km).
[2] Initially, most of the business of the line was passenger travel in the summer.
It lost money until the Rensselaer and Saratoga Railroad and the Saratoga and Washington railroad linked it into a continuous line between the Hudson River and Lake Champlain by 1848.
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