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Wikipedia:WikiProject Trains/ICC valuations/Cincinnati, Flemingsburg and Southeastern Railroad

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The railroad of Cincinnati, Flemingsburg and Southeastern Railroad Company, hereinafter referred to as the carrier, is a single-track standard-gauge steam railroad, situated entirely within the State of Kentucky, extending from Flemingsburg Junction to Flemingsburg, a distance of 5.916 miles. The carrier also owns 0.817 mile of yard tracks and sidings, or a total of 6.733 miles of all tracks.


CINCINNATI, FLEMINGSBURG AND SOUTHEASTERN RAILROAD COMPANY
CORPORATE HISTORY

The following table shows the companies which are represented in the corporate history of the carrier:

No. Name Incorporation Succession
1. The carrier. May 24, 1905 Present company.
2. Covington, Flemingsburg and Ashland Railway Company. April 25, 1892 Property sold to carrier and conveyed by deed dated June 1, 1905.
3. Cincinnati and Southeastern Railway Company. -- [1880; its actual name was Licking Valley Railroad from April 1, 1880 to February 23, 1882, but it acted under the name of Cincinnati and Southeastern Railway Company] Property sold under decree of foreclosure to H. K. McHarg, by whom sold to 2 on April 19, 1892, by deed of conveyance dated April 22, 1892.
4. Covington, Flemingsburg and Southeastern Railway Company. February 11, 1880 Property sold under decree of court (date unknown) and acquired by 3.
5. Licking Valley Railway Company. January 24, 1880 Reorganized and name changed to that of 4 on September 11, 1880.
6. Covington, Flemingsburg and Pound Gap Railway Company. March 8, 1876 Property sold under decree of court on November 24, 1879, and acquired by 5.

All of the foregoing companies were incorporated in the State of Kentucky. Further information as to the foregoing predecessor companies, so far as it is obtainable, is found in the accounting report on the carrier.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The property acquired by the carrier on June 1, 1905, from the Covington, Flemingsburg and Ashland Railway Company consisted of about 17 miles of single-track narrow-gauge railroad extending from Flemingsburg Junction to Hillsboro. The manner and date of construction of this property can not be ascertained, owing to the absence of the accounting records of the several predecessors of the carrier.

Of the road acquired about 11 miles, extending from Flemingsburg to Hillsboro, were abandoned in about May, 1907, leaving 5.916 miles of road in operation on date of valuation. The carrier changed the gauge of its road to standard on about January 1, 1909.