Wikipedia:WikiProject Trains/ICC valuations/Helm and Northwestern Railroad

Interstate Commerce Commission, Valuation Reports, Volume 46

Location and General Description of Property
The Helm & Northwestern Railroad Company, hereinafter called the Helm & Northwestern, is a single-track line extending northwesterly from Helm to Jacob, Miss., 12.497 miles.

Introductory
The Helm & Northwestern is a corporation of Mississippi, having its principal office at Chicago, Ill.

It is controlled by the Mississippi Valley Corporation through ownership of its entire outstanding capital stock. The latter is controlled by the Illinois Central. The records do not indicate that this company controls any common carrier corporation.

The property of the Helm & Northwestern has always been operated by the Yazoo and Mississippi Valley.

Corporate History
The Helm & Northwestern was incorporated November 28, 1904, under the general laws of Mississippi in the interest of the Illinois Central to construct a railroad, Helm, Miss., to Arnold, Miss.

Development of Fixed Physical Property
The line was opened for operation July 1, 1907. All construction work was done under the supervision of the Illinois Central.

Leased Railway Property
The entire property is leased to the Yazoo and Mississippi Valley under a lease dated July 1, 1907, for an indefinite period, the terms of the lease and the rent accrued for the year ended on date of valuation are given in the chapter on leased railway property of the report on the Yazoo and Mississippi Valley.