Wikipedia:WikiProject Trains/ICC valuations/Milstead Railroad

http://books.google.com/books?id=Mt9DAAAAIAAJ


The railroad of Milstead Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad located in the north-central part of Georgia. The owned mileage extends northerly from Conyers to Milstead, a distance of 2.857 miles. The carrier also owns yard and side tracks totaling 0.251 mile. Its road thus embraces 3.108 miles of all tracks owned. In Appendix 1 will be found a general description of the property of the carrier.


Corporate history.—The carrier was incorporated on June 18, 1909. under the provisions of the general railroad law of the State of Georgia, for the purpose of constructing, maintaining, and operating a railroad from Conyers to Milstead. Organization was perfected on August 11, 1909. The property was constructed in 1902 by the Milstead Manufacturing Company, hereinafter called the manufacturing company, and was conveyed by that company to the carrier by a deed dated December 16, 1909. Operations were taken over by the carrier on January 1, 1910. The carrier is controlled by the manufacturing company through ownership of a majority of the outstanding capital stock.