Wikipedia:WikiProject Trains/ICC valuations/Marion and Rye Valley Railway

From Wikipedia, the free encyclopedia

http://books.google.com/books?id=NgRwqD4edacC


The railroad of Marion and Rye Valley Railway Company, hereinafter called the carrier, is a single-track standard-gauge steam railroad, located in the southwestern part of Virginia. The owned mileage extends southeasterly from Marion to Sugar Grove, Va., a distance of 18.490 miles. The carrier also owns yard and side tracks totaling [?]


Corporate history.—The carrier was incorporated on February 3, 1900, under the general laws of Virginia, and is a reorganization of Marion and Rye Valley Railroad Company. The Marion and Rye Valley Railroad Company was incorporated on December 17, 1891, by special act of Virginia. Its property was sold under foreclosure proceedings on February 3, 1900, and was conveyed by the purchasers to the carrier on May 10, 1900. No records of the Marion and Rye Valley Railroad Company were available, and no further information relative to the affairs of this company has been obtained. The carrier is controlled by the United States Spruce Lumber Company, through ownership of practically all of its capital stock. The detailed facts as to the development of the fixed physical property are given in Appendix 2.