1.)Big Falls Railway Company.
This line was owned by the Wall-Spaulding Lumber Company of Big Falls. In June of 1889 C&NW predecessor Milwaukee Lake Shore & Western constructed a spur south from its main at Hunting (a siding on the C&NW Ashland Main located on the Waupaca-Shawano County line) 3 miles to a granite quarry located near Big Falls. The line was extended south to the village in Octoboer of 1891. Wall-Spaulding incorporated the Big Falls Railway on August 23, 1895. Big Falls leased the Hunting-Big Falls line from the C&NW and constructed a line running northwest from Big Falls to a post office called Comet in far soutwestern Shawano County. In 1898 a branch was built off the main westerly to a village called Norske near the Waupaca-Portage County line. Interests from Rosholt pressed to have the line extended to their village, but the construction of the C&NW branch to Rosholt in 1903 quickly killed all such talk. Eventually 21 miles of track were laid. All this track material was leased from the C&NW. The Big Falls provided passenger and mail service on the Hunting-Big Falls portion of its line. The Norske Branch was taken up about 1911 after about 5 years of inactivity. In 1913 the Hunting-Big Falls line reverted to C&NW operation and the original main was cut back about 5 miles from Comet leaving Big Falls with a six mile line running northwest from its namesake village. Tom Wall founder of Wall-Spaulding Lumber died in 1920 and in short order the lumber company was liquidated including the railroad. The C&NW spur from Hunting to Big Falls linered on in service until 1950.