The story
The Lake Erie and Western Railroad was incorporated in Illinois, February 10, 1887. The "Natural Gas Route" had its beginnings in several railroads dating back to the mid-1850s, the oldest being the Peru and Indianapolis Railroad, incorporated in Indiana, January 19, 1846. The Seney Syndicate linked several short railroads in Ohio, Indiana, and Illinois along with the first "The Lake Erie and Western Railway Company" of 1879. Subsequent consolidations and foreclosure sales resulted in variations of the Lake Erie and Western name, culminating in the Lake Erie and Western Railroad.
From Wikipedia’s article on Lake Erie and Western Railroad, shared under CC BY-SA 4.0.3