Wikipedia:WikiProject Trains/ICC valuations/Atlanta Terminal Company

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The Atlanta Terminal Company, hereinafter called the carrier, owns and operates a passenger station and appurtenant facilities in the city of Atlanta, Ga. Its property includes 0.387 mile of first main track and 4.525 miles of yard tracks and sidings, aggregating 4.912 miles of all tracks owned and used. The carrier operates its property for the joint use of the following five tenant companies, it being jointly controlled by the three first named: Atlanta and West Point Rail Road Company, Central of Georgia Railway Company, Southern Railway Company, Atlanta, Birmingham & Atlantic Railway Company, and Seaboard Air Line Railway Company.

CORPORATE HISTORY

The carrier was incorporated February 11, 1903, under the general laws of the State of Georgia, for a period of 101 years, for the purpose of acquiring, constructing, and operating a railroad in Atlanta, Ga., to connect several of the railroads entering that city, and to afford them facilities for the convenient use of a union station to be constructed by it. The date of organization of the carrier was February 11, 1903.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned property of the carrier, comprising a passenger station and 4.912 miles of tracks appurtenant thereto, was all acquired by construction during the period February, 1903, to May 14, 1905. The construction work of the carrier was all performed by numerous independent contractors.

HISTORY OF CORPORATE FINANCING