Wikipedia:WikiProject Trains/ICC valuations/Morganfield and Atlanta Railroad

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The railroad of the Morganfield & Atlanta Railroad Company, hereinafter called the Morganfield & Atlanta, likewise leased to and operated by the Louisville and Nashville, is a single-track, standard-gage line, extending in a general northwesterly direction from Providence to Morganfield, Ky., a distance of 25.345 miles.


CORPORATE HISTORY

The Morganfield & Atlanta was incorporated under the general laws of the State of Kentucky, by filing articles of incorporation in the office of the clerk of the county court of Union County, Ky., May 6, 1905, and in the office of the secretary of state of Kentucky, May 8, 1905, for the purpose of constructing and operating a line of railroad to extend from some point on the railroad of the Louisville and Nashville in Webster County to Morganfield, Ky. The organization of the company was perfected May 9, 1905.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The construction of the property of the Morganfield & Atlanta was begun in May, 1905, and was completed and the road opened for operation April 1, 1907, from Providence to Morganfield, Ky., a distance of 25.345 miles. The construction work was performed by the Missouri Construction Company, of Cape Girardeau, Mo. It has not been determined that any affiliation existed between the contractors and the Morganfield & Atlanta.

HISTORY OF CORPORATE FINANCING