▁into ▁the ▁larger ▁company ▁at ▁a ▁later ▁time . ▁ ▁The ▁Che y enne ▁and ▁Northern ▁Railway ▁was ▁established ▁in ▁March ▁ 1 8 8 6 . ▁ ▁The ▁initial ▁invest ors ▁included ▁Warren , ▁St urg is ▁and ▁Phill ip ▁D ater , ▁first ▁president ▁of ▁the ▁Che y enne ▁Club . ▁ ▁The ▁event ual ▁goal ▁of ▁the ▁rail road ▁was ▁to ▁build ▁all ▁the ▁way ▁north ▁to ▁the ▁Northern ▁Pacific ▁line ▁in ▁Mont ana ▁but ▁the ▁immediate ▁target ▁was ▁Douglas , ▁Wy oming . ▁ ▁Over ▁a ▁year ▁and ▁a ▁half ▁the ▁line ▁was ▁constructed ▁ ▁north ▁to ▁Wend over . ▁ ▁In ▁the ▁mean ▁time ▁the ▁Wy oming ▁Central ▁had ▁reached ▁Douglas . ▁ ▁The ▁invest ors ▁lost ▁interest ▁in ▁continu ing ▁north ▁and ▁construction ▁ceased . ▁ ▁Union ▁Pacific ▁took ▁over ▁the ▁line ▁in ▁ 1 8 8 7 . ▁ ▁They ▁extended ▁the ▁line ▁slightly ▁to ▁Or in ▁J unction ▁to ▁connect ▁to ▁the ▁Wy oming ▁Central ▁line . ▁ ▁In ▁ 1 8 9 0 ▁Union ▁Pacific ▁created ▁the ▁Union ▁Pacific , ▁Den ver ▁and ▁G ulf ▁Railway ▁compr ising ▁the ▁Che y enne ▁and ▁Northern , ▁Colorado ▁Central ▁Rail road , ▁Den ver , ▁Texas ▁and ▁G ulf ▁Rail road , ▁and ▁other ▁companies . ▁In ▁ 1 8 9 3 ▁UP D & G ▁went ▁into ▁receiver ship ▁along ▁with ▁the ▁rest ▁of ▁Union ▁Pacific . ▁ ▁The ▁line ▁was ▁combined ▁with ▁the ▁Den ver , ▁Le ad ville ▁and ▁G unn ison ▁Railway