[1] The backers were from Bellefonte, Pennsylvania, and the owners of a sawmill in Rush Township, on Trout Run, a tributary of Moshannon Creek.

From the Bald Eagle Valley, the line ascended the Allegheny Front to the interior of Centre County, Pennsylvania.

[5] Amid financial difficulties, the Pennsylvania Railroad leased the company on July 2.

[5] This line, later known as the Moshannon Branch, was a major source of online coal traffic.

[9] The Pennsylvania Railroad foreclosed on the company in 1867 and reorganized it as the Tyrone and Clearfield Railway.