Below is the report of Jamestown, Chautauqua and Lake Erie Railway to the New York State Railroad Commissioners for the period ending on June 30, 1903. The report summarized the condition of the company as:
This report covers the operations of the Jamestown and Chautauqua Railway Company, which is owned by this company. For history of organization of both companies see reports of 1902. The Jamestown, Chautauqua and Lake Erie Railway Company commenced operating July 1 , 1902, assuming all accounts of the Jamestown and Chautauqua Railway Company, and since that time but one set of accounts has been kept to cover the operations of both properties.
The report showed that the railroad operated five locomotives. It owned three locomotive with four driving wheels, owned one with six drivers, and leased one with six drivers (locomotive #11). It owned five first-class passenger cars, nine second-class passenger cars, two combination baggage and passenger cars, and one baggage, mail and express car. It also owned one caboose and 18 service cars, 17 that were used to haul ballast during the construction of the roadway and one inspection car.
During the year the company made improvements to the railroad, including spending $1,927.40 on ballast for the Chautauqua branch, $812.35 on expanding the freight station in Jamestown and improving the roads around it, $2,067.18 to lease locomotive number 11, and $600.00 on repairs to locomotive number 9.
The railroad reported the two people were killed and one was injured during the year, but did not provide any details.
Source: 21st Annual Report of the Board of Railroad Commissioners of the State of New York, For the Fiscal Year Ending June 30, 1903, Volume II. Google Books.