Reading Company
In 1842, the Philadelphia and Reading Company had made Mt. Carbon the termination point of its railroad line from Philadelphia in direct competition with the Schuylkill Canal. The canal company was leased by the railroad in 1870 and the canal north of Port Clinton was abandoned at the signing of the lease. The Philadelphia and Reading Company leased the Mt. Carbon Railroad on May 16, 1862, and merged the line into the parent organization on June 13, 1872.