Wikipedia:WikiProject Trains/ICC valuations/Mississippi Central Railroad
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The railroad owned by the Mississippi Central Railroad Company, herein called the carrier, amounts to 162.692 miles and consists of a single-track, standard-gauge, steam railroad, located in the State of Mississippi, extending from Natchez to Pines, Miss. It owns jointly with the Yazoo and Mississippi Valley Railroad Company 0.135 undivided mile of sidetrack at Roxie, Miss. In addition, the carrier, on December 31, 1917, used jointly under trackage rights 0.41 mile of the Gulf & Ship Island Railroad at Hattiesburg, Miss., and 0.83 mile of the Illinois Central Railroad at Brookhaven, Miss. It also owns 25.101 miles of yard tracks and sidings, making a total of 187.793 miles of all tracks wholly owned and used. The carrier is apparently an industrial railroad. It reports for the year ending December 31, 1918, that it handled 531,622 tons of freight, of which 339,604 tons represented products of forests. Most of the traffic was received from the J. J. Newman Lumber Company and the Homochitto Lumber Company, which are controlled by the same interests as the carrier.
- CORPORATE HISTORY
The carrier was incorporated June 15, 1909, under the general laws of the State of Mississippi aa a consolidation of the Mississippi Central [...]
| No. | Name | Incorporation | Succession |
|---|---|---|---|
| 1. | Mississippi Central Railroad Company. | Under general laws of Mississippi, June 15, 1909. | |
| 2. | Mississippi Central Railroad Company. | See 3. | Consolidated June 15, 1909, with 4 to form 1. |
| 3. | Pearl and Leaf Rivers Railroad Company. | Under general laws of Mississippi, Nov. 27, 1897. | Name changed to 2, on Feb. 13, 1904. |
| 4. | Natchez and Eastern Railway Company. | Under general laws of Mississippi, Mar. 13, 1906. | Consolidated June 15, 1909, with 2 to form 1. |
- DEVELOPMENT OF FIXED PHYSICAL PROPERTY
The owned mileage of the carrier, 162.692 miles, was all acquired through consolidation. The property constructed by predecessors and the years when the various portions of the road were constructed are indicated in the following table.
- Acquired by consolidation from—
- Mississippi Central (of 1897), June 15, 1909—
- Constructed by that company—
- Breland to Silver Creek, Miss., 1904 46.071
- Silver Creek to Brookhaven, Miss., 1905-1906 29.260
- Hattiesburg to Pines, Miss., 1906-1908 14.023
- Constructed by the J. J. Newman Lumber Company, Hattiesburg to Breland, Miss., 1896-1898 7.100
- 96.454
- Constructed by that company—
- Natchez and Eastern, June 15, 1909; constructed by that company, Brookhaven to Natchez, Miss., 1908 66.238
- Mississippi Central (of 1897), June 15, 1909—
- Wholly owned mileage inventoried as of date of valuation 162.692
In addition, the carrier owns jointly with The Yazoo and Mississippi Valley Railroad Company, 0.135 mile of sidetrack at Roxie, Miss.
- HISTORY OF CORPORATE FINANCING