Construction of the Oklahoma Central Railway in the 1906–1908 timeframe included construction from Lehigh to near Chickasha.[1][2] However, the line fell into receivership on June 2, 1908.[1][2] The trustees decided to build additional trackage in and near Chickasha, and incorporated the Chickasha Terminal Railway Company in Oklahoma on November 24, 1909, to provide a separate financing vehicle.[3] The CTR constructed 3.44 miles of single track from the Oklahoma Central mainline to Chickasha, completing it December 15, 1910.[3] The CTR had no equipment; it was instead leased to the Oklahoma Central at no cost, but with 50% of any profits going to pay off the CTR's funded debt.[3]
The CTR's assets were included, along with the assets of the similar Ada Terminal Railway and the Oklahoma Central Railway itself, in a reorganized company called the Oklahoma Central Railroad, which was created as of July 31, 1914.[1] That entity was controlled by the Atchison, Topeka and Santa Fe Railway (Santa Fe), through ownership of a majority of its capital stock, from August 1, 1914.[1] The tracks of the new Oklahoma Central were also leased to and operated by the Santa Fe.[3]
Abandonment of the former CTR trackage was authorized February 9, 1942.[1] Virtually all the Oklahoma Central trackage has since been abandoned.[2]