 On May 1, 1863, the CH&D leased the Dayton and Michigan Railroad in perpetuity.In 1891, it acquired the Cincinnati, Dayton and Chicago Railroad, while in March of that year it added the Cincinnati, Dayton and Ironton Railroad.In 1886 the CH&D was among the railroads controlled by the financial speculator Henry S. Ives before his spectacular collapse the following year.