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| *1894 - Acquired by Southern
Railway. On June 18, 1894, The Richmond & Danville Railroad Company was sold in foreclosure. The Richmond & Danville Railroad Company property was surrendered to Southern Railway Company for operation on July 1, 1894, even though the deeds of conveyance were not completed and filed until later. Reorganized by J.P. Morgan and his New York banking firm of Drexel, Morgan and Company, the R&D was merged with five other railroads to form the new Southern Railway. |
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Owned / leased / managed the following railroads associated with North Carolina: + 1891 - Yadkin Railroad
- Sold off as independent line in 1916. |
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+ 1882 - The Richmond & Danville Railroad along with the North Carolina Railroad, Northwestern North Carolina Railroad, Charlotte, Columbia & Augusta Railroad, Atlanta & Charlotte Air-Line Railway and the Columbia & Greenville Railroad (SC) lines were being operated at the Piedmont Air-Line System.  |
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From the 1st Annual Report of the North Carolina Railroad Commission, dated December 31, 1891: LINES CONTROLLED BY LEASE, OWNERSHIP AND OTHERWISE, OPERATED
IN Atlanta & Charlotte Air-Line Railway.........................................48.13
miles President ------------------------------ John H. Inman --------------------------
New York, N. Y. |
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The Richmond & Danville Railroad, chartered in Virginia in 1847, opened a 140-mile rail line between the two cities of its name in 1856. A 48-mile extension from Danville to Greensborough, NC, was completed during the U.W. Civil War - known at that time as the Piedmont Railroad. After the war, the R&D came into the possession of the Southern Railway Security Company, a holding company created to extend the interests the Pennsylvania Railroad into the South. Organized in 1871, it was controlled by, among others, Tom Scott of the Pennsylvania, William T. Walters and B.F. Newcomer of Baltimore, James Roosevelt of New York, and Henry Bradley Plant of the Southern Express Company. In 1871, the R&D leased the North Carolina Rail Road for thirty (30) years. In 1872, the R&D extended aid to the Atlanta and Richmond Air Line Railway to help it complete its road between Charlotte and Atlanta. The line was to become a key link in the "Piedmont Air Line,” a system of railroads across the southeast. By the mid-1870s, the Southern Railroad Security Company and the Pennsylvania Railroad had gained control of over 2,000 miles of railroad including the East Tennessee, Virginia & Georgia, the Western & Atlantic, the Memphis & Charleston, the Wilmington & Weldon, and the Charlotte, Columbia & Augusta. Profits were minor, however, due largely to the ruined condition of the Southern post-war economy. During the latter half of the decade the group sold off its Southern holdings and the Pennsylvania turned its attention to the west. In 1880, the Pennsylvania sold the R&D to the new Clyde Syndicate. In 1880, the Richmond and West Point Terminal Railway and Warehouse Company was chartered to acquire railroads which the R&D could not acquire directly due to a limitation in its charter. The Terminal Company quickly purchased over 700 miles of existing railroads and acquired the franchises for a number of projected lines including the Georgia Pacific Railway and the Rabun Gap Short Line Railway. In 1881, the R&D leased the Atlanta & Charlotte Air Line Railway. The Richmond & Danville bought the Lawrenceville-to-Suwanee line from the Lawrenceville Branch Railroad in 1885. This line was sold to the Atlanta & Charlotte Air Line Railway in 1908. It was abandoned in 1920. The Richmond & Danville leased the 61-mile Northeastern Railroad of Georgia in 1886. In 1887, the Terminal Company gained control of the East Tennessee, Virginia and Georgia Railroad. In 1888, the Terminal Company purchased the entire capital stock of the Georgia Company, which had been organized the previous year to acquire a controlling interest in the capital stock of the Central Railroad and Banking Company. In 1889, the 566-mile Georgia Pacific Railway was completed and began operation from Atlanta to Greenville, Mississippi. It had been leased to the Richmond & Danville in January of that year. In 1890, the Terminal Company acquired a controlling interest in the Alabama Great Southern Railroad. The R&D grew to encompass some 3,300 miles of railroad by 1890, but its financial standing became shaky soon afterwards. In 1892, the R&D and the Terminal Company entered receivership. After reorganization by J.P. Morgan, the railroad emerged in 1894 as the Southern Railway Company. |
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Towns on Route: Line #1 - Salem to Salem Junction (acquired/built 1873): Salem > Winston-Salem (1899) Kernersville Colfax (1879) Friendship Guilford (1888) > Battle Ground (1888) Salem Junction (1883) > Pomona (1896) Line #2 - North Wilkesboro to Mooresville: North Wilkesboro (1891) Bowles (1888) Roaring River Ronda Elkin Rusk Crutchfield (1890) Rockford Siloam Shoals (1891) Donnoha (1889) Tobaccoville Rural Hall Jolliet (1891) > Oldtown (1899) Jolliet #2 (1900-1907) Winston > Winston-Salem (1899) Salem > Winston-Salem (1899) Bower (1894) > Clemmons (1904) Advance Cornatzer (1892) Mocksville Wells (1899-1900) Barber (1900) Bear Poplar Rowan (1889) > Mount Ulla (1899) Mooresville |
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© 2013 - J.D. Lewis - PO Box 1188 - Little River, SC 29566 - All Rights Reserved