Wikipedia:WikiProject Trains/ICC valuations/East and West Coast Railway

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The railroad operated by the East and West Coast Railway, herein called the East and West Coast, is a single-track, standard-gage, steam railroad, located in the southwestern part of the peninsula of Florida. The main line extends southeasterly from Manatee to Arcadia, a distance of 48.039 miles. The company also owns 4.147 miles of yard tracks and sidings. Its operated road thus embraces 52.186 miles of all tracks. This mileage includes 0.205 mile of main track at Manatee, leased from the Seaboard and is further classified in the trackage table in Appendix 1. The East and West Coast has trackage rights over the road of the Seaboard between Manatee and Bradentown, Fla., about 1.31 miles. The East and West Coast is controlled by the Seaboard and forms an important part of the latter's system.

CORPORATE HISTORY

The East and West Coast was incorporated June 30, 1913, under the general laws of the State of Florida, for the stated purpose of constructing and operating a railroad from a point on the Manatee River at or near Bradentown to a point at or near Arcadia. The date of organization was July 10, 1913.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The road owned by the East and West Coast on date of valuation, extending from Manatee to Arcadia, 47.834 miles, was acquired by it through construction. The construction work began in July, 1913, and the road was completed and opened for operation on May 3, 1915. The road was constructed under contract by Allen W. Jones and W. B. Wilson, who were this company's president and vice president, respectively. The Seaboard or its predecessor financed the contractors.

HISTORY OF CORPORATE FINANCING