Wikipedia:WikiProject Trains/ICC valuations/Shreveport Bridge and Terminal Company

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Valuation Docket No. 129

The Shreveport Bridge and Terminal Company

Location and general descriptions of property.—The Shreveport Bridge and Terminal Company, herein called the Shreveport Bridge and Terminal, owns and operates a bridge across the Red River at Shreveport. The property is all in the State of Louisiana, and consists of a steel railroad bridge of six spans, five fixed and one swinging, a total length of approximately 0.4 mile, including approaches. The bridge is occupied by a single track of railroad 0.358 mile in length. The property is used jointly with the following railroads: The carrier, Louisiana Railway & Navigation Company, Vicksburg, Shreveport & Pacific Railway Company, and Louisiana & Arkansas Railway Company.

Corporate history.—The Shreveport Bridge and Terminal was incorporated December 27, 1897, in the interest of the carrier under the general laws of Louisiana to "build, equip, maintain, and operate a bridge over and across Red River at or near the city of Shreveport, within one mile of the upper or lower limits of said city, with necessary approaches, yards, etc." The United States Government, by act of Congress approved April 11, 1898, authorized the construction of the bridge. The act required construction to begin within one year and the bridge to be completed within three years from the date of the approval of the act under penalty of forfeiture of the rights granted. By failure to meet this provision, the rights were forfeited, but were renewed by act of April 30, 1902, which act was revised and amended by act of April 28, 1904, extending the time for completion of the bridge to April 28, 1907.

The carrier now controls and has from the beginning controlled the Shreveport Bridge and Terminal through ownership of its entire capital stock. The principal office of the Shreveport Bridge and Terminal is at St. Louis, Mo.