 The Columbus, Marion and Bucyrus Railway lost money during the late 1920s.The railway went bankrupt in 1930 and was absorbed into Columbus, Delaware, and Marion in 1931.In 1931, the Cleveland, Southwestern and Columbus Railway abandoned its rail lines, causing the CD&M to lose revenue from its Cleveland freight service in 1933
The company filed for bankruptcy in March 1933 and abandoned rail passenger service in August 1933.