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Equipping the new railroad was not overly expensive either. This was because virtually all of its rolling stock was purchased used. The first locomotive was acquired from the New York Central, as was a passenger coach which was reputed to have been at one time the private car of United States Senator Chauncey M. Depew, a former president of that railroad. Doubtless it was no coincidence that Depew was one of the investors owning Bagdad Mining and Milling, which had purchased Suter's mines and claims. He also owned part of Randsburg-Santa Fe Reduction, the milling plant in Barstow, and part of the Ludlow & Southern. The L&S's second locomotive was a nearly new Baldwin switcher built in 1905 and originally used by the Tonopah & Goldfield Railroad. When the locomotives were renumbered for L&S service, the former T&G switcher became Number 1, and the former NYC locomotive became Number 2. Number 3 was another Baldwin switcher. It appears that the L&S also acquired a Heisler geared locomotive, but just when and where is not clear.