Wikipedia:WikiProject Trains/ICC valuations/Norfolk and Western Railway

Interstate Commerce Commission, Valuation Reports, Volume 26

Norfolk and Western Railway

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Location and General Description of Property

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The railroad of Norfolk and Western Railway Company, herein called the carrier, is a standard-gauge railroad, located in the States of Virginia, West Virginia, Kentucky, Ohio, Maryland, and North Carolina. The main line extends from a point on tidewater, near Norfolk, Va., to Columbus, Ohio, passing through the bituminous coal fields of southwestern Virginia and of West Virginia, a distance of about 677 miles. A branch line extends from the main line at Lynchburg, Va., to Durham, N.C., about 116 miles. Another line extends for about 361 miles from Hagerstown, Md., to Winston-Salem, N.C., intersecting the main line at Roanoke, Va. Branches of the main line extend from Walton to Bristol, Va., about 110 miles; from Graham to Norton, Va., about 101 miles; and from Portsmouth to Cincinnati, Ohio, about 107 miles. Numerous smaller branches extend from these lines, chiefly to coal mine operations and other industries.

For a distance of about 30 miles, from Bluefield to Vivian, W.Va., the main line and considerable trackage in yards, passing sidings, and spurs into coal workings are electrified. The remainder of the road is operated by steam. The major part of the main line is double-track and of the entire system 25 per cent is double-track.

The total mileage wholly owned and used by the carrier aggregates 2,051.280 miles of first main track, 546.328 miles of other main track and 1,358.464 miles of yard and side tracks, making a total of 3,956,072 miles of all track. In addition the carrier jointly owns and uses an undivided mileage of 2.08 miles of first main track and 9.864 miles of all track, has trackage rights over 48.30 miles of road owned by others, operates under lease a fraction of a mile of track owned by The North Carolina Railroad Company and leases almost a mile of track to the Interstate Railroad Company. A detailed statement of mileage owned or used is given in the trackage table in Appendix 1.

Introductory

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The carrier is a corporation of Virginia. Its principal office is at Roanoke, Va.

Corporate History

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The carrier was incorporated by special act of Virginia, approved January 15, 1896, for the purpose of acquiring, under a plan of reorganization, the property of the Norfolk and Western Railroad Company, and the property of its leased lines, the Lynchburg and Durham Railroad Company, and the Roanoke and Southern Railway Company. The three properties in question were sold under foreclosure proceedings on September 15, September 16, and November 24, 1896, and were acquired by the carrier on October 1, October 6, and December 2, 1896, respectively.

The property of the Norfolk and Western Railroad Company was acquired directly by the carrier. The property of the Lynchburg and Durham Railroad Company and that of the Roanoke and Southern Railway Company were purchased by the Norfolk, Lynchburg and Durham, and the Norfolk, Roanoke and Southern Railroad Companies, respectively. The two last-named companies were organized on the dates of purchase for the sole purpose of acquiring and transferring the property of the companies first mentioned to the carrier. No accounting records of the two purchasing companies were available and nothing further was learned of their affairs.

From the date the properties of the Lynchburg and Durham Railroad Company and the Roanoke and Southern Railway Company were sold until the date of their acquirement by the carrier, they were operated for the benefit of the latter, and, for the purposes of this report, will be treated as having been acquired directly by the carrier.

The carrier assumed operation of the property acquired from the Norfolk and Western Railroad Company on October 1, 1896, and that of the Lynchburg and Durham Railroad Company and of the Roanoke and Southern Railway Company on October 6, and December 2, 1896, respectively. Thereafter, the carrier acquired the property, rights, and franchises of the 16 additional corporations.

The carrier and its immediate predecessors above referred to, together with their antecedents, total 62 different corporations. The following chart shows the names of the corporations, the respective dates of incorporation, and for each predecessor the date of succession, the immediately succeeding corporation, and the manner of succession. Reference to each of these corporations is made in the last column by its respective number shown in the first column.

No. Name Incorporation Succession
1 Norfolk and Western Railway Company. Under general Act of Virginia, Jan. 15, 1896.
2 Norfolk and Western Railroad Company. Under general laws of Virginia, May 3, 1881. Sold at foreclosure on Sept. 15, 1896, and reorganized as 1 on Sept. 24, 1896. Property conveyed to 1, Oct. 1, 1896.
3 Atlantic, Mississippi and Ohio Railroad Company. Under special Act of Virginia, June 17, 1870. Sold at foreclosure on Feb. 10, 1881, to organizers of 2. Property conveyed to 2, May 3, 1881.
4 Norfolk and Petersburg Railroad Company. Under special Act of Virginia, Mar. 17, 1851. Consolidated April 1, 1871, with 5 and 8 to form 3.
5 Southside Railroad Company. Under special Act of Virginia, Mar. 5, 1846. Consolidated Apr. 1, 1871, with 4 and 8 to form 3.
6 Appomattox Railroad Company. Under special Act of Virginia, Mar. 16, 1847. Sold to 5, May 1, 1854.
7 City Point Railroad Company. Under special Act of Virginia, Jan. 26, 1836. Purchased by the City of Petersburg, Va., July 17, 1847, and reorganized as 6.
8 Virginia and Tennessee Railroad Company. See 9. Consolidated Apr. 1, 1871, with 4 and 5 to form 3.
9 Lynchburg and Tennessee Railroad Company. Under special Act of Virginia, Mar. 24, 1848. Name changed to 8, Mar. 6, 1849.
10 East River Railroad Company. Under general laws of Virginia, Mar. 25, 1881. Merged with 2, May 9, 1882.
11 New River Railroad Company (of Virginia). See 12. Acquired by 2, May 9, 1882.
12 New River Railroad, Mining and Manufacturing Company (of Virginia). Under special Act of Virginia, Mar. 7, 1872. Name changed to 11, Apr. 4, 1877.
13 New River Railroad Company of West Virginia. Under general laws of West Virginia, Dec. 22, 1881. Merged with 2, May 9, 1882.
14 New River Railroad, Mining and Manufacturing Company of West Virginia. Under general laws of West Virginia, Sept. 4, 1874. Consolidated with 15 to form 13, Dec. 22, 1881.
15 Blue Stone Railroad Company. Under general laws of West Virginia, Feb. 25, 1881. Consolidated with 14 to form 13, Dec. 22, 1881.
16 Clinch Valley Railroad Company. Under special Act of Virginia, Apr. 6, 1887. Merged with 2, May 20, 1887.
17 The Norfolk Terminal Company. Under special Act of Virginia, Mar. 6, 1882. Merged with 2, Oct. 16, 1889.
18 The New River Plateau Railway Company. Under special Act of Virginia, Mar. 2, 1888. Acquired by 2, Oct. 16, 1889.
19 The Scioto Valley and New England Railroad Company. On Feb 1, 1890. Merged with 2, July 22, 1890.
20 The Scioto Valley Railway Company. Under laws of Ohio, Feb. 23, 1875. Sold at foreclosure and reorganized as 19 on Feb. 1, 1890.
21 The Ohio River Railway Company. Under laws of Ohio, Nov. 26, 1877. Sold to 20, July 12, 1880.
22 West Virginia and Ironton Railroad Company. Under laws of West Virginia on Mar. 7, 1888. Merged with 2, Sept. 30, 1890.
23 Shenandoah Valley Railway Company. Organized to receive title from 24, Dec. 2, 1890. Merged with 2, Dec. 15, 1890.
24 Shenandoah Valley Railroad Company. Under special Acts of Virginia, Feb. 23, 1867; West Virginia, Feb. 25, 1870, and Maryland, Apr. 4, 1870. Sold at foreclosure to 23, Sept. 30, 1890. Property conveyed to 23, Nov. 29, 1890.
25 Washington and Western Railroad Company. Under laws of Virginia, Dec. 20, 1887[sic - 1889]. Sold to 24,[sic] Dec. 2, 1890.
26 Norfolk, Lynchburg and Durham Railroad Company. Organized to receive title from 27, Dec. 20, 1889[sic - 1896??]. Merged with 2, Oct. 6, 1896.
27 Lynchburg and Durham Railroad Company. Formed on May 11, 1887. Sold at foreclosure to 26, Sept. 24, 1896.
28 Roxboro Railroad Company. See 29. Consolidated with 30 and 31 to form 27, May 11, 1887.
29 Roxboro and Narrow Gauge Railroad Company. Under Act of North Carolina, Mar. 13, 1879. Name changed to 28, Feb. 4, 1881.
30 Lynchburg, Halifax and North Carolina Railroad Company. Under Act of Virginia, Jan. 18, 1884. Consolidated with 28 and 31 to form 27, May 11, 1887.
31 Durham and Roxboro Railroad Company. Under Act of North Carolina, Mar. 11, 1885. Consolidated with 28 and 30 to form 27, May 11, 1887.
32 Norfolk, Roanoke and Southern Railroad Company. On Nov. 25, 1896, to receive title from 33. Merged with 1, Dec. 2, 1896.
33 Roanoke and Southern Railway Company. Formed on June 18, 1887. Sold at foreclosure to 32, Nov. 25, 1896.
34 Roanoke and Southern Railway Company of Virginia. Under laws of Virginia, Feb. 12, 1886. Consolidated with 35 to form 33, June 18, 1887.
35 Roanoke and Southern Railway Company of North Carolina. Under laws of North Carolina, Feb. 23, 1887. Consolidated with 34 to form 33, June 18, 1887.
36 Roanoke Machine Works. Under laws of Virginia, Sept. 3, 1881. Merged with 1, Jan. 18, 1897.
37 The Cincinnati, Portsmouth and Virginia Railroad Company. Under general laws of Ohio, June 4, 1881[sic - should be 1891?]. Merged with 1, Oct. 11, 1901.
38 The Ohio and North Western Railroad Company. Under general laws of Ohio, Jan. 1, 1886. Sold Mar. 13, 1890, to The Investment Company of Philadelphia, which conveyed property to 1[sic] on June 6, 1891.
39 The Cincinnati and Eastern Railway Company. See 40. Sold at foreclosure to 38, Jan. 5, 1887.
40 The Cincinnati, Batavia and Williamsburg Railroad Company. Under laws of Ohio, Jan. 10, 1876. Name changed to 39, May 26, 1876.
41 Columbus and Maysville Railroad Company. See 42. Merged with 37, Jan. 1, 1901.
42 Columbus and Maysville Railroad Company, Southern Division. Under laws of Ohio, Apr. 16, 1877. Name changed to 41, Jan. 31, 1881.
43 The Cincinnati Connecting Belt Railroad Company. Under the laws of Ohio, Mar. 20, 1899. Merged with 37, Apr. 9, 1901.
44 The Hillsboro Railroad Company. Under laws of Ohio, Jan. 8, 1895. Dissolved Oct. 25, 1904.
45 Hillsboro Short Line Railway. Under laws of Ohio, Apr. 18, 1879. Leased to 1 in perpetuity, equal to an estate in fee.
46 Radford-Southern Railroad and Mining Company. Under an Act of Virginia, Feb. 14, 1898. Merged with 1, July 28, 1903.
47 Kenova and Big Sandy Railroad Company. Under laws of West Virginia, June 5, 1902. Merged with 1, May 27, 1904.
48 The Columbus Terminal and Transfer Railroad Company. Under laws of Ohio, Jan. 6, 1893. Merged with 1, May 19, 1905.
49 Iaeger and Southern Railway Company. Under laws of West Virginia, Jan. 18, 1898. Merged with 1, Apr. 25, 1906.
50 Big Sandy, East Lynn and Guyan Railroad Company. Under laws of West Virginia, June 16, 1902. Merged with 1, Apr. 25, 1906[sic - 1908].
51 West Virginia South Western Railroad. Under general laws of West Virginia, Nov. 17, 1902. Merged with 1, Feb. 26, 1909.
52 Caretta Railway Company. Under laws of West Virginia, Mar. 27, 1906. Merged with 1, Feb. 26, 1909.
53 Catawba Valley Railway and Mining Company. Under Act of Virginia, Mar. 25, 1902. Merged with 1, July 30, 1909.
54 Lynchburg Belt Line and Connecting Railway Company. Under laws of Virginia, Feb. 7, 1907. Merged with 1, Apr. 7, 1910.
55 Blackstone and Lunenburg Railroad Company. Under laws of Virginia, Feb. 15, 1905. Merged with 1, Apr. 25, 1910.
56 Blackstone and Southern Railroad Company. Under laws of Virginia, Mar. 6, 1900. Conveyed to 55, Feb. 27, 1905.
57 Pocahontas and Western Railroad Company. Under laws of Virginia, Apr. 27, 1904. Merged with 1, April 29, 1910.
58 Big Stony Railway Company. Under special Act of Virginia, Jan. 16, 1892. Merged with 1, Dec. 9, 1915.
59 Interior and West Virginia Railroad Company. Under laws of West Virginia, June 27, 1906. Conveyed to 58, June 21, 1910.
60 Virginia and Potts Creek Railroad Company. Under laws of Virginia, June 27, 1906. Conveyed to 58, June 21, 1910.
61 Virginia Anthracite Coal and Railway Company. Under an Act of Virginia, Apr. 2, 1902. Sold under court decree to 1, Aug. 29, 1911.
62 The Columbus Connecting and Terminal Railroad Company. Under laws of Ohio, Mar. 7, 1892. Merged with 1, Dec. 16, 1913.

Development of Fixed Physical Property

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The carrier has reached its present state of physical development by merging other railroad properties and by construction. Following is a tabular statement showing the companies which were merged, a description of their properties at date of acquisition, together with the mileage acquired by construction:

  • Acquired by merger, 1,806.46:
    • Norfolk and Western Railroad Company, Oct. 1, 1896, 1,327.66 —
      • Lambert Point to Bristol, Va. (including branches) 407.07
      • Roanoke, Va., to Hagerstown, Md. (including branches) 257.29
      • Radford, Va., to Columbus, Ohio (including branches) 457.12
      • Graham to Norton, Va. (including branches) 116.18
    • Lynchburg and Durham Railroad Company, Oct. 6, 1896 —
      • Lynchburg, Va., to Durham, N.C. 115.10
    • Roanoke and Southern Railway Company, Dec. 2, 1896 —
      • Roanoke, Va., to Winston-Salem, N.C. 121.81
    • Cincinnati, Portsmouth and Virginia Railroad Company, Oct. 11, 1901 —
      • Cincinnati to Sciotoville, Ohio (including branches) 130.10
    • Hillsboro Short Line Railway, June 24, 1902 —
      • At Hillsboro, Ohio 1.39
    • Radford-Southern Railroad and Mining Company, July 28, 1903 —
      • Radford to Miles, Va. Road under construction, completed by the Norfolk as an extension
    • Kenova and Big Sandy Railroad Company, May 27, 1904 —
      • Kenova to Cassville, W.Va. (Road under construction, completed by the Norfolk as an extension)
    • Iaeger and Southern Railway Company, Apr. 25, 1906 —
      • Iaeger to Ritter, W.Va. 4.90
    • Big Sandy, East Lynn and Guyan Railroad Company, Apr. 25, 1908 —
      • Wayne to East Lynn, W.Va. 7.48
    • West Virginia South Western Railway, Feb. 26, 1909 —
      • Gordon to Coalwood, W.Va. 10.96
    • Caretta Railway Company, Feb. 26, 1909 —
      • Caretta Branch Junction to Juno, W.Va. 2.52
    • Catawba Valley Railroad and Mining Company, July 30, 1909 —
      • Salem to Sandberg, Va. 9.39
    • Lynchburg Belt Line and Connecting Railway Company, Apr. 7, 1910 —
      • Phoebe to Forest, Va. 22.33
    • Blackstone and Lunenburg Railroad Company, Apr. 25, 1910 —
      • Blackstone to Dillard, Va. 5.52
    • Pocahontas and Western Railroad Company, Apr. 29, 1910 —
      • Pocahontas to Boissevain, Va. 3.29
    • Big Stony Railway Company, Dec. 9, 1910 —
      • Potts Valley Junction to Paint Bank, Va. 38.33
    • Virginia Anthracite Coal and Railroad Company, Jan. 31, 1912 —
      • Christiansburg to Blacksburg, Va. 8.88
    • Columbus Connecting and Terminal Railroad Company, Dec. 16, 1913 —
      • Terminal property in Columbus, Ohio 3.45
    • Less road now used as second main track 6.65
  • Acquired by construction:
    • Numerous branches and extensions 264.35
  • Less, Difference between total recorded mileage and mileage inventoried as of date of valuation 18.60

Mileage inventoried as of date of valuation 2,052.21