Wikipedia:WikiProject Trains/ICC valuations/Birmingham Southern Railroad

http://books.google.com/books?id=t5ZaGImwblYC

The carrier was incorporated February 17, 1899, by a special act of the State of Alabama, for the purpose of constructing and operating various lines of railroad extending from Birmingham, Ala.; to construct and operate telegraph lines; also to own and operate floating equipment.
 * CORPORATE HISTORY

The owned mileage of the carrier, 41.816 miles, was acquired partly by construction and partly by direct purchase. The property acquired by direct purchase was bought from the Tennessee Company without acquiring the rights and franchises of that company. The property constructed by the carrier and by its predecessors in ownership, the years when the various portions of its line were constructed, and the manner in which the carrier acquired the property are indicated in the following table:
 * DEVELOPMENT OF FIXED PHYSICAL PROPERTY
 * Acquired by construction:
 * Constructed by the carrier—
 * No. 5 Mine to Brynton, Ala., about 1900 0.888
 * Thompson to Thompson Mine, Ala., about 1902 .444
 * Thompson to Powder Mill, Ala., about 1900 .222
 * Village Creek Junction to Docena, Ala., 1907 3.884
 * Ensley Belt Line, 1910 2.000
 * Ensley to Bessemer Junction, Ala., 1910 6.615
 * At West Bessemer, Ala., 1910 .713
 * At Bessemer, Ala., 1910 .626
 * Falls Junction to Bayview, Ala., 1910 and 1911 5.400
 * Fairfield Junction to Ensley, Ala., 1910 and 1916 3.289
 * Edgewater Junction to Edgewater, Ala., 1911 .993
 * Brynton Junction to By-Product Junction, Ala., 1911 and 1912 1.046
 * 26.180
 * Acquired by direct purchase:
 * From the Tennessee Company, June 28, 1899—
 * Constructed by the Pratt Coal and Coke Company—
 * Birmingham to Pratt City, Ala., about 1877 6.420
 * Stockton Junction to Tipton, Ala., about 1880 4.291
 * Constructed by the Bessemer Iron and Steel Company, at West Bessemer, Ala., 1887 .628
 * Constructed by the Birmingham Mineral Railroad Company, at Bessemer, Ala., 1887 .355
 * Constructed by the Cahaba Coal Mining Company—
 * Woodstock to Blocton, Ala., about 1883 8.100
 * Blocton, Ala., to No. 2 Mine, about 1884 1.100
 * Blocton, Ala., to No. 3 Mine, about 1887 1.290
 * Constructed by the Tennessee Company—
 * Pratt City to Ensley, Ala., about 1886 1.520
 * Pratt City to Shafton, Ala., about 1886 .976
 * Ensley Belt Line, about 1886 1.507
 * Ensley, Ala., to No. 5 Mine, about 1887 2.000
 * 27.187
 * Total 53.367
 * Less mileage sold, exchanged or abandoned by the carrier, previously acquired from the Tennessee Company:
 * Mileage sold or exchanged—
 * Sold to the Woodstock and Blocton Railroad Company, July 31, 1906, Woodstock to Blocton, Ala. 8.100
 * Conveyed to the Tennessee Company, Dec. 30, 1915—
 * Blocton, Ala., to No. 2 Mine 1.100
 * Blocton, Ala., to No. 3 Mine 1.290
 * 10.490
 * Mileage abandoned, February, 1915; constructed by the Pratt Coal and Coke Company 1.052
 * 11.542
 * Total recorded mileage on date of valuation 41.825
 * Difference between total recorded mileage and mileage inventoried as of date of valuation .009
 * Mileage inventoried as of date of valuation 41.816

In addition to the main-line mileage conveyed to the Tennessee Company, as shown above, the carrier also conveyed to that company, by the same deed, certain yard tracks, sidings, and other property in exchange for certain other yard tracks, sidings, and other property which the Tennessee Company conveyed to the carrier by deed December 31, 1915.


 * HISTORY OF CORPORATE FINANCING