Bainbridge Northeastern Railway Explained

The Bainbridge Northeastern Railway was a railway company in southern Georgia that ran between Swindell Landing and Mount Royal, USA, starting in 1908. It lasted only two years before it was abandoned.

History

The railroad company was chartered on September 7, 1907, and incorporated on September 14, 1907, in Atlanta with a capital stock of $200,000 to build a 70adj=midNaNadj=mid line from Bainbridge, Georgia, across the Florida panhandle to the Gulf of Mexico.^{[1] [2] [3] [4]} One of the main incorporators, E. Swindell, also owned a logging railroad called the Georgia Eastern Railway, that was intended to be purchased by Bainbridge Northeastern.^[5]

The Bainbridge Northeastern entered receivership in May 1908 because the company was, as its receiver put it, "... so intimately connected with the affairs of E. Swindell & Co." although the ownership of the railroad's infrastructure was still unclear.^[6] The appointed receiver was J.M. Wilkinson, who was third vice president of the Georgia and Florida Railway.^[7]

The line was built out to about by 1910.^[8]

Notes and References

1. News: Charter Granted New Road Which Will Cross Florida. Pensacola News Journal. September 18, 1907. 5. Newspapers.com.
2. News: New railroad is chartered. The Atlanta Constitution. September 8, 1907. 7. Newspapers.com.
3. News: New Georgia Railroad. The Times. Shreveport, LA. September 9, 1907. 8. Newspaper.com.
4. New Roads and Projects. Google Books. The Railway and Engineering Review. 836. September 21, 1907. The Railway Review, Inc.. Chicago.
5. Financial & Corporate: Bainbridge Northeastern. Google Books. The Railway Age. April 3, 1908. 515. XLV. 14.
6. Financial and Corporate: Bainbridge Northeastern. Google Books. The Railway Age. May 15, 1908. 713. XLV. 20.
7. Bainbridge Northeastern. Google Books. Manufacturer's Record. May 14, 1908. 50. Manufacturers' Record Publishing Co.. Baltimore, MD. LII. 18.
8. Book: Annual Report on the Statistics of Railways in the United States. Google Books. 242. Division of Statistics, United States Interstate Commerce Commission. Government Printing Office. Washington, D.C.. 1912.