Wikipedia:WikiProject Trains/ICC valuations/Kanawha, Glen Jean and Eastern Railroad

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The railroad of the Kanawha, Glen Jean and Eastern Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad extending southwestwardly from Glen Jean to Tamroy, W. Va., with a branch from Sugar Creek Junction to Pax, W. Va., a total of 14.281 miles. It also owns a right of way from Glen Jean to Thurmond, W. Va., but no construction has been done on this portion of road. The carrier wholly owns and uses [?] miles of all tracks, which are classified in the trackage table in Appendix 2. The carrier is an industrial railroad. It reports that during the year 1916 it handled [...]

CORPORATE HISTORY

The carrier was incorporated November 1, 1895, under the general laws of the State of West Virginia.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The mileage owned by the carrier, 14.281 miles, was all acquired by construction. The years when the various portions of the line were constructed are indicated in the following statement.

Mount Hope to Kilsyth, W. Va. 1900-1901 1.0

Kilsyth to Tamroy, W. Va. 1902 3.4

Mount Hope to Glen Jean, W. Va. 1906-1907 3.6

Mount Hope to Pax, W. Va. 1909-1910 6.2

Total 14.2

Difference between total recorded mileage and mileage inventoried as of date of valuation .081

Mileage inventoried as of date of valuation 14.281

The greater part of the work, except tracklaying, was done by contractors not affiliated with the carrier, who were paid in cash. Tracklaying was done by company forces and by forces of the McKell Coal and Coke Company.

HISTORY OF CORPORATE FINANCING