Wikipedia:WikiProject Trains/ICC valuations/Dover and South Bound Railroad

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The railroad of Dover and South Bound Railroad, hereinafter called the carrier, is a railroad owned and operated under the above name by the Goldsboro Lumber Company as a common carrier in connection with its use of the railroad in its lumber and logging business. It is a single-track standard-gauge steam railroad, entirely within the State of North Carolina, extending from Dover in a southwesterly direction to Richlands, N. C., a distance of 24.768 miles. The carrier also owns 1.586 miles of yard track and sidetracks. Its road thus embraces 26.354 miles of all tracks owned.

Corporate history.—The carrier's property has never been operated by an independent carrier corporation, but was originally built and has always been operated by the Goldsboro Lumber Company. The Goldsboro Lumber Company was incorporated March 11, 1889, under the general laws and special act of North Carolina, for 30 years. Its charter authorized it, among other things, to construct, own, and operate railroads. By an act of March 31, 1901, it was granted the right to condemn land for the extension of its railroad, but there is no evidence that this right has ever been used.

The Goldsboro Lumber Company began construction of the line from Dover in 1891 and extended it southward from time to time to meet its logging requirements until Richlands was reached in 1904. Common-carrier operations were begun January, 1905, at the request of residents along the line.

On February 13, 1905, under the private laws of North Carolina, the Dover South Bound Railroad Company was chartered, but their railroad appears never to have been organized under this charter. It is still the property of the Goldsboro Lumber Company and is operated by it.