Wikipedia:WikiProject Trains/ICC valuations/Sunflower and Eastern Railway
Interstate Commerce Commission, Valuation Reports, Volume 46
Sunflower and Eastern Railway
[edit]Location and General Description of Property
[edit]The Sunflower and Eastern Railway Company, hereinafter called the Sunflower and Eastern, is a single-track line extending westerly from Webb to Parchman, Miss., 11.688 miles.
Introductory
[edit]The Sunflower and Eastern is a corporation of Mississippi, having its principal office at Chicago, Ill.
It is controlled by the Mississippi Valley Corporation through ownership of its entire outstanding capital stock. Mississippi Valley Corporation is controlled by the Illinois Central.
The records do not indicate that this company controls any common-carrier corporation.
The property of the Sunflower and Eastern has always been operated by the Yazoo and Mississippi Valley. No accounting records were obtained for the period prior to 1905.
Corporate History
[edit]The Sunflower and Eastern was incorporated July 31, 1901, under the general laws of Mississippi to construct a railroad, Parchman to Webb, Miss.
Development of Fixed Physical Property
[edit]About 4 miles of the line was constructed before the Illinois Central acquired control, details of construction are not of record; 7.688 miles was constructed by the Illinois Central and opened for operation in 1907.
Leased Railway Property
[edit]The entire property is leased to the Yazoo and Mississippi Valley for an indefinite period from June 9, 1905. The terms of the lease and the rent accrued for the year ended on date of valuation are given in the chapter on leased railway property of the report on the Yazoo and Mississippi Valley.