Wikipedia:WikiProject Trains/ICC valuations/Texas and Pacific Railway

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The road owned by the carrier on date of valuation was acquired as follows:
 * DEVELOPMENT OF FIXED PHYSICAL PROPERTY

Direct purchase:
 * Southern Pacific Railroad Company—
 * Marshall to Swanson's Landing, Tex., constructed 1857, and Marshall to Longview, Tex., constructed 1869 44.90
 * New Orleans Pacific Railway Company—
 * Constructed and placed in operation 1881-2—
 * Westwego, La., to New Orleans, La 9.00
 * Bayou Goula or White Castle, La., to Shreveport, La. 251.80
 * Branch lines 8.39
 * Total 269.19
 * Acquired from Morgan's Louisiana and Texas Railroad and Steamship Company—
 * Westwego to Bayou Goula; constructed by New Orleans, Mobile and Texas Railroad Company 66.11
 * 335.30
 * The Avoyelles Railroad Company—
 * Acquired from St. Louis, Avoyelles and Southwestern Railway Company, constructed 1895-6—
 * Bunkie to Simmesport 25.45
 * Junction to Marksville 8.85
 * 34.30
 * The Texarkana, Shreveport and Natchez Railroad Company—
 * Acquired from The Texarkana and Shreveport Railroad Company, Shreveport, La., to Texarkana, Tex. 71.25
 * The Natchitoches and Red River Valley Railway Company—
 * Acquired from Natchitoches and Red River Valley Railroad Company constructed by this company 1893—
 * Cypress to Natchitoches, and Natchitoches to Grand Ecore, La. 15.91
 * The Louisiana East & West Railroad Company—
 * Bunkie to Ville Platte, La., constructed 1906-7 25.00
 * Ville Platte to Eunice, La., construction completed by the carrier, date unknown 11.50
 * 36.50
 * The Opelousas, Gulf and Northeastern Railway Company—
 * Melville to Crowley, La., constructed 1906-7 57.03
 * 595.19
 * Less Natchitoches to Grand Ecore, La., abandoned 5.00
 * Total 590.19

Constructed by the carrier:
 * Longview to Eagleford, Tex., 1872-Nov. 3, 1873 129.82
 * Sherman to Brookston, Tex., 1872-Nov. 3, 1873 54.50
 * Marshall to Texarkana, Tex., 1872-Nov. 3, 1873 66.91
 * Texarkana to Brookston, Tex., 1875-6 99.22
 * Eagleford to Fort Worth, Tex., 1875-6 25.54
 * Sherman to Fort Worth, Tex., 1878-1880 90.40
 * Fort Worth to Sierra Blanca, Tex., 1880-1881 623.11
 * Mingus to Thurber, Tex., 1888 6.29
 * Plaquemine to Indian Village, La., 1888-9 7.12
 * Waskom to Reisor, La., 1898 12.36
 * Port Allen to Ferriday, La., 1889-Dec. 14, 1903 101.61
 * Donaldsonville to Thibodaux, La., 1901 28.60
 * Natchitoches to Shreveport, La., 1901 69.89
 * Lucas to Cut-off Junction, La., in 1902, construction completed Dec. 31, 1902 6.10
 * Donaldsonville to Napoleonville, La., 1903 15.50
 * Melville to Simmesport, La., 1905 22.45
 * Total 1,261.42
 * Grand total 1,851.61
 * Difference between recorded mileage and mileage inventoried as of date of valuation 5.43
 * Mileage inventoried as of date of valuation 1,857.04


 * HISTORY OF CORPORATE FINANCING

The New Orleans Pacific Railway Company was incorporated under the general laws of Louisiana on February 19, 1876, the date the notarial formalities were confirmed by an Act of the Louisiana Legislature. The period of its existence was perpetual. Its stated purpose was to construct, lease, own, and use a railroad with one or more tracks and suitable turnouts, beginning at a point on the Mississippi River at New Orleans or elsewhere in the State, toward Shreveport, or Marshall or Dallas, Tex.
 * NEW ORLEANS PACIFIC RAILWAY COMPANY — PREDECESSOR OF THE CARRIER

On March 6, 1878, the roadbed of the Red River Railroad Company between Alexandria and LeCompte, La., about 16 miles, was purchased for a cash consideration of $5000, conditional upon this company utilizing the roadbed by laying iron upon it. On January 5, 1881, the property, rights, and franchises of the New Orleans, Baton Rouge and Vicksburg Railroad Company were purchased.

The principal assets acquired by this company were the land-grant rights. On February 15, 1881, the property formerly owned by the New Orleans, Mobile and Texas Railroad Company was acquired from Morgan's Louisiana and Texas Railroad and Steamship Company, for a cash consideration of

This property consisted of about 67 miles of road between Westwego and White Castle, La. This company constructed under contract with the American Railway Improvement Company the following roads:
 * Approximate mileage
 * Westwego, La., to New Orleans La. 9.00
 * Bayou Goula or White Castle, La., to Shreveport, La. 251.80
 * Branch lines 8.39
 * Total 269.19

This mileage was completed and placed in operation during the years 1881-82. The consideration provided in the contract for the construction and equipment of the road from New Orleans to Shreveport was $20,000 per mile each of capital stock and first-mortgage bonds. The authorized capital stock of this company was $3,000,000, to be issued at the rate of $20,000 per mile of road. The company authorized the execution of such documents as were required in procuring a $250,000 issue of State bonds then due or for additional bonds that might become due. The records do not disclose the amount of State bonds received or the disposition of any that were received.


 * THE TEXARKANA, SHREVEPORT AND NATCHEZ RAILROAD COMPANY — PREDECESSOR OF THE CARRIER

contributions, or subsidies of $4000 per mile being made in favor of the New Orleans, Baton Rouge and Vicksburg Railroad Company from parishes, cities, towns, and villages, individuals and from other sources. No books of this company were obtainable.

Morgan's Louisiana and Texas Railroad and Steamship Company was incorporated under the laws of Louisiana on March 8, 1877. The only obtainable information concerning this company is that the property, rights, and franchises of the New Orleans, Mobile and Texas Railroad Company were purchased by it on July 15, 1879, and in turn sold to the New Orleans Pacific Railway Company on February 15, 1881, for a cash consideration of
 * MORGAN'S LOUISIANA AND TEXAS RAILROAD AND STEAMSHIP COMPANY — PREDECESSOR OF THE NEW ORLEANS PACIFIC RAILWAY COMPANY

The New Orleans, Mobile and Texas Railroad Company was incorporated under the laws of Alabama on November 24, 1866, recognized by Act of the Louisiana legislature subsequent thereto as the New Orleans, Mobile and Chattanooga Railroad Company. The period of its existence is not shown by obtainable records. Its name was changed to that first above written on February 18, 1871. No records of these companies were obtainable. The data here shown were secured from deeds of transfer and the corporate records of the carrier.
 * NEW ORLEANS, MOBILE AND TEXAS RAILROAD COMPANY — PREDECESSOR OF MORGAN'S LOUISIANA AND TEXAS RAILROAD AND STEAMSHIP COMPANY

This company constructed a railroad from Westwego, to Bayou Goula, about 67 miles. Its property, rights, and franchises were sold on July 15, 1879, to Morgan's Louisiana and Texas Railroad and Steamship Company. The consideration for the sale of the property is not known.

The Mississippi and La Fourche Railway Company was incorporated under the
 * THE MISSISSIPPI AND LA FOURCHE RAILWAY COMPANY — PREDECESSOR OF THE CARRIER

This company constructed a road from Belle Alliance to Lauderdale, a distance of approximately 6 miles. The authorized capital stock was $500,000, of which

On May 29, 1900, the property, rights, and franchises were purchased by the carrier for a consideration of $30,000. The property consisted of about 6 miles of road and certain right of way. The carrier took up the track and completely reconstructed and extended

The Avoyelles Railroad Company was incorporated under the general laws of Louisiana on August 22, 1898, for a period of 99 years.
 * THE AVOYELLES RAILROAD COMPANY — PREDECESSOR OF THE CARRIER
 * CORPORATE HISTORY