The Toledo, Cincinnati and St. Louis Railroad (TC&StL) was a narrow-gauge railroad based in Ohio

Ohio

Ohio is a Midwestern state in the United States. The 34th largest state by area in the U.S.,it is the 7th‑most populous with over 11.5 million residents, containing several major American cities and seven metropolitan areas with populations of 500,000 or more.The state's capital is Columbus...

. It began as a subsidiary of the Toledo, Delphos and Burlington Railroad (TD&B), which was opened on July 4, 1875, but in 1882 the two companies merged and retained the TC&StL name, which was more descriptive of its extent. The financially-troubled system was split at foreclosure

Foreclosure

Foreclosure is the legal process by which a mortgage lender , or other lien holder, obtains a termination of a mortgage borrower 's equitable right of redemption, either by court order or by operation of law...

 in 1884 and 1885 as follows:

• Cincinnati Division, built by the TD&B: Dayton, Lebanon and Cincinnati Railroad
• Cincinnati Northern Division, ex-Cincinnati Northern Railway: Cincinnati, Lebanon and Northern Railway
• Dayton Division, completed by the TD&B: Dayton and Toledo Railroad
• Iron Division, ex-Iron Railroad: Iron Railway
• St. Louis and Toledo Divisions (split at Kokomo), completed by the TC&StL: Toledo, St. Louis and Kansas City Railroad
• Southeastern Division, ex-Dayton and South Eastern Railroad: Dayton and Ironton Railroad