 A deed dated December 12, 1877, from Jewett M. Richmond and wife, William H.. H. Newman and wife, John P. Moulton and wife, and Wilson S. Bissell, unmarried, as a committee of bondholders, etc., conveyed the railroad, property and franchises acquired as aforesaid through the above-mentioned foreclosure and deed to the Buffalo and Southwestern Railroad Company.The Buffalo and Southwestern Railroad was leased by the New York, Lake Erie and Western (Erie Railroad) on August 1, 1880, for an annual rental of 35 percent of the gross earnings for the line.On November 19, 1895, the Erie officially merged the line by virtue of owning 100 percent of the B&SW stock.