Wikipedia:WikiProject Trains/ICC valuations/Macon, Dublin and Savannah Railroad

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Location and general description of property.—The railroad of the Macon, Dublin & Savannah Rail Road Company, herein called the Macon, Dublin & Savannah, is a single-track, standard-gage, steam railroad, located in central Georgia. The main line extends from Macon southeasterly to Vidalia, a distance of 91.930 miles. The company also owns 27.832 miles yard tracks and sidings. Its road thus embraces 119.762 miles of all tracks wholly owned and used.

CORPORATE HISTORY

The Macon, Dublin & Savannah was incorporated as The Macon & Dublin Railroad Company on August 6, 1885, under the general laws of the State of Georgia. The name was changed to Macon, Dublin & Savannah Rail Road Company by an amendment to its articles of incorporation, filed on September 11, 1890. The purpose of incorporation was to construct and operate a railroad from Macon to Dublin, in Georgia. It was later authorized to extend its road to Savannah, Ga. The date of organization was August 8, 1885.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The road owned by the Macon, Dublin & Savannah, 91.930 miles, was acquired by it through construction, as indicated below:

Termini Date construction commenced Date construction completed Approximate mileage

Macon to Dublin, Ga. Aug. 17, 1885 Jan. 1, 1892 54

Dublin to Vidalia, Ga. Apr. 1, 1901 Apr. 1, 1902 38

During the period from April, 1885, to August, 1885, the Macon, Dublin & Savannah acquired the greater portion of its right of way between Macon and Dublin and terminal properties in these two cities. On August 6, 1885, it entered into an agreement with the Chattahoochee Brick Company for the construction of a railroad, and under such agreement grading was completed between Dublin and Allentown and further grading was commenced between Allentown and Macon. Subsequent to this agreement, further grading was completed.

The construction was not completed under the above agreement, but was subsequently completed under contract by The Illinois and Georgia Improvement Company, whose president was the Macon, Dublin & Savannah's general manager. During 1913, the Macon, Dublin & Savannah revised a portion of its line, erected a new bridge over the Ockmulgee River at Macon, Ga., and constructed additional terminal facilities in Macon, Ga. This work was performed partly by the company's own forces, partly by the Seaboard, and partly by contractors.

HISTORY OF CORPORATE FINANCING