Aware of the scenic location of Mt. Rigi, and driven by his pioneering spirit, Swiss engineer Niklaus Riggenbach masterminded the construction of the Vitznau-Rigi Railway in the mid-19th century. In his own words: "I want to take everyone up into the mountains, so they can all enjoy the beauty of our glorious country". Riggenbach's invention, which would guide trains across steep climbs by means of cogwheels and toothed racks, was patented in France in 1863.
Jointly with fellow engineers Olivier Zschokke and Adolf Naef, he submitted an application to the canton of Lucerne for permission to build the Vitznau-Rigi Railway. When it became known that a similar railway was already in operation in the United States, the Council of Lucerne granted the concession on 9 June 1869. The initiators committee founded a limited liability company and offered 1250 shares, which were already greatly over-subscribed on the first day of issue.