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September 1940. "Narrow gauge railway yards, train and water tank at Telluride, Colorado." Medium format negative by Russell Lee for the Farm Security Administration. View full size.
Baldwin built #453 and fourteen of her sisters in the 125 class (later reclassed as K-27 and nicknamed “Mudhens”) in 1903 for the Denver & Rio Grande. 453 was used in her later years as a switcher in the Durango, Colorado yard, finally meeting the scrapper’s torch in 1954.
The last two K-27s built are preserved and still in operation: #463 on the Cumbres & Toltec Scenic Railroad running between Antonito, CO and Chama, NM, and #464 on the Huckleberry Railroad near Flint, MI.
The photo is taken from near the present location of the Cosmopolitan restaurant, looking west along what is now Depot Avenue. Most of the houses and sheds just to the right of frame are still there and in great condition.
Here's a more recent photo (at night) looking west along Depot Avenue toward the original Telluride depot:
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