Wikipedia:WikiProject Trains/ICC valuations/Appalachian Railway

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The carrier was incorporated July 30, 1908, under the general laws of the State of North Carolina, for the purpose of constructing, maintaining, and operating a railway. The date of organization was August 3, 1908.
 * CORPORATE HISTORY

The owned mileage of the carrier, 18.369 miles, including rails and angle bars on about 3.5 miles forming a part of its railroad and owned by the Southern Railway Company, was all acquired by construction. The years when the various portions of the line were constructed are indicated in the following statement.
 * DEVELOPMENT OF FIXED PHYSICAL PROPERTY
 * Ela to Cherokee, N. C., 1908-09 7.000
 * Cherokee to Parsons Junction, N. C., 1917-18 11.380
 * Total recorded mileage 18.380
 * Difference between total recorded mileage and mileage inventoried as of date of valuation 0.011
 * Mileage inventoried as of date of valuation 18.369