The line currently operated by the New Hope Railroad was originally known as the New Hope Branch of the
Reading Company (RDG), which leased it to the
North Pennsylvania Railroad, of which it was a part. The railroad ran as far as Hartsville Station (near Bristol Road, which eventually became Ivyland) until March 29, 1891, when the line was extended to the long-desired terminal of New Hope, Pennsylvania. Steam Trains, Inc. became organized as the '
New Hope & Ivyland Railroad (NHIR), and on June 20, 1966, the 16.7-mile line was sold for $200,000. Steam Trains, Inc. started their operations on August 6, 1966, often in an extravagant fashion, with the purchase of four steam locomotives and seven passenger cars. The company leased freight locomotives from RDG, and used only hired labor to operate their excursions. The "air rights" over the Southern portion of the line from Ivyland to just north of Almshouse Road, were sold to the former
Philadelphia Electric Company (now
Exelon) in order to stay solvent. Due to extremely low ticket prices to generate sales that led to no additional income of riders, Steam Trains, Inc. declared bankruptcy on June 5, 1970. The county selected McHugh Brothers Heavy Hauling, Inc. to operate freight service over the line via a lease agreement. McHugh Brothers continued hauling freight with Edward L. McHugh as president until his departure in 1989. By the summer of 1976, the railroad received state funding to rehabilitate crumbling infrastructure that sorely needed fixing. By August 1977, volunteers from the Buckingham Valley Trolley Association [BVTA] (now the
Electric City Trolley Museum Association) were operating state-sponsored passenger service connecting the touristy town of New Hope with SEPTA/
Conrail commuter trains at Warminster. Bucks County had made a wise investment, as both passenger and freight service flourished during the 1970s once track upgrades were made. Finally, on June 30, 1979, NHRR finally emerged from its decade-long bankruptcy. Beginning July 3, 1980, volunteers of the New Hope Steam Railway (NHOP) resumed weekend excursion service after the BVTA decided to end it. The NHOP ran trains under a lease agreement with the BCIDC until 1990, when the line and its equipment were once again in a state of decay and disrepair. The McHugh Bros. operated NHIR until 1989 when their lease ended and the
Morristown & Erie was contracted to operate the railroad. The BCIDC sold the line outright to the for-profit Bucks County Railroad Preservation and Restoration Corporation (BCRP&RC) in 1990, who slowly began to rebuild the railroad to its current state of good repair. In 1993, the reporting mark was changed to NHRR. BCRP&RC is the official corporate structure, doing business as the New Hope Railroad. ==Equipment==