North Carolina Railroads - Tennessee & North Carolina Railroad / Railway

Acronym

Year Chartered or Incorporated

Year Line Operational

Year Service Ended

Original Starting Point

Original Ending Point

TN&NC RR

1903

1908

1938*

Newport, TN

Crestmont, NC
* 1938 - Line closed.
+ 1928 - Pigeon River Railway lease ended, returned to independent operations.
+ 1928 - Acquired the Carolina & Georgia Railroad.
+ 1928 - Acquired the Hiawassee Valley Railroad.
+ 1920 - Re-organized as the Tennessee & North Carolina Railway. More at the bottom of this page.
+ 1913 - Leased the Pigeon River Railway.
+ 1911 - Company organized on June 27, 1911 under the laws of Tennessee and North Carolina.

Financed by J.B. Hart and J.J. Holloway of Clarkesburg, WV, both of whom had controlling interest in the North Carolina Timber & Land Company. This railroad was incorporated in Tennessee on March 6, 1900 and in North Carolina on March 6, 1903. The two separate charters were merged on June 27, 1911.

The line met the Southern Railway on the southeast side of Newport, TN and continued in a southerly direction for roughly twenty-one (21) miles until it reached the town of Crestmont in September of 1909.

Eventually, Hart and Holloway sold their interest in the railroad to James Estate of Pennsylvania, who in turn sold the railroad to the Whitmer Company, which was owned by William Whitmer and his sons. At the height of operations, this railroad had five locomotives, three coaches, two mail/baggage cars, and other rolling stock.

On June 7, 1920 the Whitmer Company was forced to sell the line to pay creditors, and the new owners were C. Boice and J.W. Bell, owners of the Boice Hardwood Company in Hartford, TN. The name was changed to the Tennessee & North Carolina Railway.

By the early 1930s, the western North Carolina forests had been largely depleted, and the railroad was no longer profitable. On July 12, 1937 the company filed for abandonment and the line was closed on January 1, 1938.

From the Tenth Annual Report of the North Carolina Corporation Commission, dated December 31, 1908, with Compilations of Railroad Returns for the Year Ending June 30, 1908:

President ......................................................... J.B. Hart ............................................ Clarksburg, WV
General Manager & Superintendent ................. A.J. McMahan ................................... Newport, TN
Secretary & Treasurer ..................................... C.R. Drewry ...................................... Baltimore, MD
Traffic Manager ............................................... A.J. McMahan ................................... Newport, TN

Property Operated - Newport, TN to Mt. Sterling, NC ................................................ 21 miles

Capital Stock................................................................................................................. $300,000.00
Cost of Road & Equipment ........................................................................................... $600,000.00

Employees ..................................................................................................................... 15

Towns on Route (in NC):

NC/TN State Line

Mount Sterling

Crestmont (1910-1919)

The Thirteenth Annual Report of the North Carolina Commission for the Year Ending December 31, 1911, with Compilations from Railroad Returns for the Year Ending June 30, 1911, includes the route of the Tennessee & North Carolina Railroad:

Towns on Route (2 miles):
TN/NC State Line
Laurel Fork Junction
Crestmont

From the Twenty-First Report of the North Carolina Corporation Commission for the Biennial Period, 1921-1922, with a Compilation of Railroad Returns for the Years ending December 31, 1920 and 1921:

The present company was organized on June 26, 1920, to succeed the Tennessee & North Carolina Railroad Company, and is a merged corporation. The Tennessee & North Carolina Railway Company, a North Carolina corporation, and the Tennessee & North Carolina Railway Company, a Tennessee corporation, were merged on June 28, 1920, to form one of like name.

The old company, known as the Tennessee & North Carolina Railroad Company, was incorporated in the states of Tennessee and North Carolina about March 6, 1903. On June 27, 1911, these two corporations were merged into the Tennessee & North Carolina Railroad Company. On September 13, 1916, company went into the hands of a receiver and was operated until June 7, 1920, at which time the road was sold by foreclosure proceedings at public auction, and was purchased on behalf of the bondholders, and was re-organized on June 26, 1920, under the present name.

President ................................................ C. Boice ............................................ Newport, TN
Vice-President ........................................ W.J. Parks ........................................ Newport, TN
Secretary & Treasurer ............................. J.W. Bell ........................................... Newport, TN
Traffic Manager ....................................... W.J. Parks ........................................ Newport, TN

Road Operated:
Newport, TN ........................................... Crestmont, NC ......................................... 2 miles in NC
West Canton, NC ..................................... Spruce, NC ...................................... 14.95 miles in NC

Capital Stock ........................................................................................................ $250,000.00
Cost of Road ........................................................................................................ $220,911.89
Cost of Equipment ................................................................................................... $19,950.00

Employees .............................................................................................................. 53



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