It was the vision of Joel Wood who believed a profitable enterprise lay in the transportation of coal from eastern Ohio mines to Lake Erie ports.
In the end, Wood's proposal only saw a bit of grading completed (including three tunnels) between Navarre and Martins Ferry (across the Ohio River from Wheeling).
As the W&LE lay mired in uncertainty he was ousted by fellow associates who wanted to scrap the original plans in a favor of a three-foot, narrow-gauge system.
These gained widespread popularity after the Denver & Rio Grande successfully demonstrated their viability in the 1870's as a cheaper alternative to their standard-gauge counterparts.
This new undertaking began at the northern end when W&LE officials acquired the defunct Milan Canal's tow path.
With insufficient capital and an insistence to utilize shoddy construction standards his entire plan may have ended at the drawing board if it were not for the moribund 4-foot, 10-inch Carrollton & Oneida Railroad (C&O).
Built to even poorer standards than the typical narrow-gauge, the C&O, with a history tracing back to 1837, linked its namesake towns along a 10-mile line laid with strap-iron rail.
Incorporated as the Painesville, Canton & Bridgeport Narrow Gauge Rail Road on January 12, 1875 it began construction from Chagrin Falls.
Eckley initially remained president but after a dispute broke out between the two (regarding the northern terminus) the O&T was sold to creditor Cleveland Iron Company.
Just a year later, on October 20, 1879, Smith renamed the company as the Conotton Valley Railroad (CVRR) and completed an extension of the old O&T to Canton in early May 1880.
His greatest achievement, from an historical perspective, was acquiring solid financial backing for the venture through a Massachusetts syndicate which aimed to develop the CVRR into one of Ohio's most successful narrow-gauges.
To a greater extent they actually accomplished this feat, pouring some $2.6 million into the railroad and completing the entirety of the future Wheeling & Lake Erie's Cleveland - Zanesville corridor.
With a well-built right-of-way now capable of supporting relatively heavy traffic the CVRR next focused on a line due south from Canton.
The group attempted to gather financing for the final push into Zanesville but managed only to secure around $300,000, less than half the amount needed (this money was later used to construct a beautiful, two-story passenger terminal in Cleveland which opened on August 29, 1883).
On May 9, 1885 it was reorganized as the Cleveland & Canton Railroad (C&C) and eventually managed to raise $1.7 million to convert the entire property to standard-gauge, a process completed on November 18, 1888.
It also ran from Cleveland to Zanesville, with the lines crossing at Harmon, just east of Brewster, Ohio, which became the location of WLE's corporate headquarters and locomotive shops.
Over the years, the W&LE built and rolled boilers and erected fifty of their own steam engines, a feat never tried by many larger and more famous railroads.
The Wheeling & Lake Erie was jokingly called the "Wailing and Leg Weary" but, after several early financial embarrassments, finally found prosperity in its later life.