The (BC&C) was incorporated in the states of
New York and
Pennsylvania in October
1880 by the New York bankers Clark, Post, and Martin.
The railroad was to be parallel to
William Vanderbilt 's
Lake Shore And Michigan Southern Railway from the east side of
Cleveland to
Buffalo , a distance of 185-miles (298 km). The route was surveyed during January and February
1881 .
In March
1881 the BC&C was acquired by the
Seney Syndicate for the mainline for its new railroad, the
New York, Chicago And St. Louis Railroad .
