Below is the 1902 report of Jamestown, Chautauqua and Lake Erie Railway to the New York State Railroad Commissioners for the period ending on June 30, 1902. The report summarized the condition of the company as:
This company owns Jamestown and Chautauqua Railway Company.
The status of the Jamestown, Chautauqua and Lake Erie Railway Company at date of this report is as follows : It started to build its road in 1900. There are only ten miles of road in Chautauqua county, running from Mayville, on Lake Chautauqua, to Westfield , on Lake Erie. The only real property which it has is its right of way. The construction was financed in New York, and last spring, the contractor being way behind in his work and unwilling to remedy the delays , was put off the job, and the company finished the road itself. It was not open for business until about the end of July, 1902. In the meantime the contractor filed a mechanic’s lien and is suing the company for about $100,000, which he claims to be due him under his contract.
The report showed that the railroad owned one locomotive with four drivers and leased one with six drivers. It owned four first-class passenger cars, one second-class passenger cars, and one baggage, mail and express car. It also owned 17 service cars that were used to haul ballast during the construction of the roadway.
This should be read in conjunction with the 1902 report from the Jamestown and Chautauqua Railway, which was owned and controlled by the JC&LE.
Source: 20th Annual Report of the Board of Railroad Commissioners of the State of New York, For the Fiscal Year Ending June 30, 1902, Volume II. Google Books.