Falls RR was reorganized on February 18, 1859, as the Elmira, Jefferson and Canandaigua Railroad Company. The Erie continued to operate the Elmira, Jefferson & Canandaigua RR, which in turn operated the Chemung RR, until January 19, 1866. The two lines were then leased to the Northern Central Railway to replace an unsatisfactory joint routing over the Buffalo, New York and Erie Railroad; the line to be given a third (standard gauge) rail by May 1, when the lease was to take effect. Stanley–Sodus Point The Sodus Point and Southern Rail Road Company was incorporated on March 19, 1852, under the general law of New York State. The railroad was not finished until January 16, 1873, when it opened between Sodus Point and Gorham. It became apparent that a connection at Gorham would not soon be forthcoming, and the line between Gorham and the Elmira, Jefferson & Canandaigua RR connection at Stanley was abandoned on February 16, 1873. The Sodus Point & Southern RR was sold at foreclosure on September 21, 1875, and reorganized on November 30, 1875, as the Ontario Southern Railroad Company. The Geneva and Southwestern Railway Company was incorporated in New York on May 29, 1871, to build a line from Geneva (at the head of Seneca Lake and on the New York Central) to Wayland. The Rochester, Hornellsville, and Pine Creek Railroad Company was incorporated in New York on March 30, 1872, to build from Olean east to Hornellsville; then south to the Pennsylvania state line to connect with the Jersey Shore, Pine Creek and State Line Railroad. The Geneva Southwestern and Hornellsville Railway Company was incorporated in New York on November 29, 1872, to extend the Geneva & Southwestern Ry. to Hornellsville and connect it with the Rochester, Hornellsville & Pine Creek Ry. Some grading was done by the Geneva & Southwestern Ry. between Geneva and Naples, which was later used by the Lehigh Valley Naples Branch, and by the RH&PC between Canisteo and Rexville, which was later used by the New York and Pennsylvania Railroad. However, the Panic of 1873 brought work on these railroads to a halt, never to resume. The Gaines and State Line Rail Road Company was incorporated on November 4, 1875, in Pennsylvania. It was intended as another outlet for the RH&PC, to run from a connection at the state line through Potter and Tioga Counties to West Branch Township,