Wikipedia:WikiProject Trains/ICC valuations/Oneida and Western Railroad

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

The railroad of the Oneida & Western Railroad Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, extending in a southwestwardly direction from Oneida to Acyork, Tenn., a distance of 24.711 miles. The carrier also owns and uses 3.059 miles of yard tracks and sidings. Its road thus embraces 27.770 miles of all tracks owned.

The carrier is an industrial railroad. It is controlled through ownership of a majority of its capital stock by the Tennessee Stave and Lumber Company.

CORPORATE HISTORY

The carrier was incorporated October 29, 1912, under the general laws of the State of Tennessee, originally as the Jamestown Railroad Company, for the purpose of constructing and operating a railroad from Glen Mary to Jamestown, Tenn. On August 5, 1913, its charter was amended changing its name to the Oneida & Western Railroad Company and authorizing the construction of a railroad from Oneida, Tenn., to Albany, Ky., instead of between the points mentioned in the original charter as shown above. The date of organization of the carrier was November 4, 1912.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the carrier, 24.711 miles, was all acquired by construction. The years when the various portions [...]

Oneida to bridge No. 6 near Big South Fork, Tenn., November, 1913, to June, 1915 10.20

From above-named point to Gernt, Tenn., completed July 1, 1916 5.10

Gernt to Christian, Tenn., completed December 31, 1916 2.90

Christian to Acyork, Tenn., completed in 1918 6.80

Total 25.00

Difference between total recorded mileage and mileage inventoried as of date of valuation .289

Mileage inventoried as of date of valuation 24.711

The construction work performed for the carrier was done partly under contract by the Eagle Construction Company, an affiliated company, and partly by company forces.

HISTORY OF CORPORATE FINANCING