Too costly. Abandoned during construction.

In 1892, the owners of the New England Southern Timber & Land Company decided to construct a railroad in Madison County, North Carolina - along the Big Laurel Creek and Foster Creek. The first year of construction was hampered by severe weather. In the winter of 1892 and 1893, two and a half miles of track were laid - the charter was for ten miles of track. Six additional miles of grading was completed but never saw any tracks laid on them.

The company acquired an engine from Baldwin Locomotive Works and it was delivered in October of 1893. It apparently never saw any service on this line, and was sold to the Wescasset, Waterville & Farmington Railroad.