Tag: Atlantic & North Carolina Railroad (A&NC)

Wikipedia says: Atlantic and North Carolina Railroad Company was incorporated under act of the North Carolina Legislature, ratified December 27, 1852, and was organized on January 20, 1854.

Atlantic and North Carolina Railroad Company constructed 96.1 miles (154.7 km) of 5 ft (1,524 mm) gauge railroad line between Morehead City, North Carolina, and Goldsboro, North Carolina, through New Bern, North Carolina. The leasehold had been acquired by Norfolk Southern Railway Company, which in turn had secured it from the Atlantic and North Carolina Company, the original lessee, when the latter was absorbed in the consolidation which formed the Norfolk Southern Railway Company.

Atlantic and North Carolina Railroad Company was built by divisions, largely, if not wholly, under contract, at various times prior to the summer of 1858. Operation of the approximately 96.1 miles (154.7 km) railroad line between Morehead City, North Carolina on the Crystal Coast by the Atlantic Ocean, and Goldsboro, North Carolina, began on or about June 1, 1858.

The railroad line suffered considerable damage during the American Civil War. A First Sinking Fund Mortgage dated February 29, 1868, in the amount of $1.5 million was placed on the property in order to finance the rehabilitation of the line.