Tuesday, October 18, 2016

Central Railroad in GA

The information below comes from Hand-book of the state of Georgia: accompanied by a geological map of the state ©1878


The Georgia also controls and operates the Macon and Augusta Railroad from Macon to Camak, 74 miles.
The cost of Building the Road is $4,253,048 40
Capital Stock 4,200,000 00
Funded Debt 615,500 00
Average Gross Receipts per annum 1,800,000 00
Average Operating Expenses 800,000 00
Annual Dividend 8 per cent.

Hon. John P. King is President. He has filled this office continuously since 1841. S. K. Johnson is Superintendent ; and Carlton Hillyer, Auditor. The principal office is at Augusta.

The Central Railroad Of Georgia.—This important railway was built about the same time as that of the Georgia. It was chartered December 20th, 1833; work commenced November, 1836, and was completed to Macon, October 13th, 1843, nearly 2 years before the Georgia was finished to Atlanta. It is a strong corporation, with extensive connections, and is one of the most important roads in the country.

Its length from Savannah to Macon is 192 miles. This was the original chartered line of road. It also built a branch from Gordon to Milledgeville, 17.25 miles. In 1872, the Macon and Western Railroad, from Macon to Atlanta, 103 miles, including the branch from Barnesville to Thomaston, 16.5 miles, was consolidated with the Central. During the present year (1876), the Savannah, Griffin, and North Alabama Railroad, from Griffin, on the Macon and Western, to Carrollton, Carroll County, 59.29 miles long, has become the property of the Central, thus making a total length of 388.29 miles actually owned by the Company.

In 1852, it leased the road from Milledgeville to Eatonton, 22 miles, and operates and controls it, virtually making a branch of the Central from Gordon, via Milledgeville to Eatonton, 39.25 miles.

In 1862, it leased the Augusta and Savannah Railroad, from Augusta to Millen, on the Central Road, 53 miles, which it controls and operates.

In 1871, it leased the South-western Railroad and branches as follows : Main line, Macon to Albany, 104 miles ; Branch, Fort Valley to Columbus, 71 miles ; Branch, Fort Valley to Perry, 11 miles ; Branch, Smithville to Eufaula, Ala., 61 miles ; Branch, Cuthbert to Fort Gaines, 22 miles ; Branch, Albany to Arlington, 37 miles : making a total of 306 miles.

It also leased the Vicksburg and Clayton Road from Eufaula, Ala., to Clayton, Ala., 21 miles. It also owns a half interest in the Western Railroad of Alabama, from West Point, Ga., to Selma, Ala., 138 miles, with branch from Columbus, Ga., to Opelika, Ala., 28 miles, or 166 miles in all. This road is owned jointly by the Central and the Georgia, obtained by joint purchase at public sale, in April, 1875.

It has also leased the Mobile and Girard Railroad, from Columbus, Ala., to Troy, Ala., 84 miles. It also owns a steamer on the Tombigbee River, plying between Columbus, Mississippi, and Demopolis, Ala.

It also owns a line of steamers on the Chattahoochee River, plying between Columbus, Ga., and Appalachicola, Fla. These boats are worth $97,000.

It also owns 6 steamships plying between New York and Savannah, involving a capital of $800,000.

The income of the road for the year ending September 1st, 1876, was $2,657,096.97, and its operating expenses, $1,635,131.10.

Its President is Wm. M. Wadley, and Superintendent Wm. Rogers ; principal office in Savannah. The principal office of the New York Steamship Line is in New York, Wm. R. Garretson being the Agent.

The Capital Stock of the Central Railroad Company is $7,500,000 ; its Bonded Indebtedness, $3,772,000.

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