The Fulton Chain Railroad[1], the first of two with the same name, was also known as the "Peg Leg" Railroad. The line was built in 1888, and ceased running in 1892. The line was eight miles long, and had wooden rails, hence the nickname "Peg Leg". It was a narrow-gauge railway, using a 36-inch gauge. A narrow gauge railway (or narrow gauge railroad) is a Railway that has a Track gauge narrower than the of Standard gauge railways It ran only during the summer months to carry vacationers to the Fulton Chain of Lakes.
The second Fulton Chain Railroad became the Old Forge Branch when the New York Central acquired it in 1917. The New York Central Railroad, known simply as the New York Central in its publicity was a Railroad operating in the Northeastern United States. The branch was 2. 21 miles long. While named the same as the first Fulton Chain Railroad, it did not use the same railbed. The Old Forge Branch ran until July 11, 1932.