Wikipedia:WikiProject Trains/ICC valuations/Millers Creek Railroad

Interstate Commerce Commission, Valuation Reports, Volume 135

Millers Creek Railroad

Location and General Description of Property

The railroad of the Millers Creek Railroad Company, herein called the carrier, is a single-track, standard-gauge, steam railroad, located in eastern Kentucky. The main line extends easterly from Van Lear Junction to Mine No. 155 of The Consolidation Coal Company, 4.352 miles. The carrier also owns 1.118 miles of yard tracks and sidings. Its road thus embraces 5.470 miles of all tracks owned and used.

Introductory

The carrier is a corporation of the State of Kentucky, having its principal office at Ashland, Ky. The records reviewed do not indicate whether it is controlled by any individual or corporation on date of valuation. On the other hand, the records reviewed do not indicate the carrier controls any common carrier corporation. The property of the carrier has been operated by its own organization during its entire life.

Corporate History

The carrier was incorporated May 28, 1909, under the general laws of the State of Kentucky, for the purpose of constructing and operating a standard-gauge railroad from a point on the Big Sandy Division of the Chesapeake and Ohio Railway Company's line in Johnson County, Ky., to a point near the head of Millers Creek, about 5 miles. The date of organization was May 29, 1909.

Development of Fixed Physical Property

The road owned by the carrier, 4.352 miles, was all acquired by construction. The years in which the various portions of the line were constructed are indicated in the following table.

Portion constructed	Mileage
Van Lear Junction to 1 mile east of Van Lear, Ky., July 1, 1909, to July 1, 1910	3.05
Extension 1 mile east of Van Lear to Mine No. 155, July, 1913, to Dec. 1, 1913	1.28
Total recorded mileage	4.33
Difference between recorded mileage and mileage inventoried as of date of valuation	0.022
Mileage inventoried as of date of valuation	4.352

The construction was performed by the forces of The Consolidation Coal Company, which was affiliated with the carrier.