Tag: East Tennessee & Georgia Railroad (ET&G)

Wikipedia says: The East Tennessee and Georgia Railroad Company was incorporated under special act of Tennessee on February 19, 1836 as the Hiwassee Rail Road Company.

The company built 81.23 miles (130.73 km) of 5 ft (1,524 mm) gauge railroad line between Dalton, Georgia and Loudon, Tennessee in 1852, 287 miles (462 km) of railroad line between Loudon, Tennessee and Knoxville, Tennessee in 1855 and 29.12 miles (46.86 km) of railroad line between Chattanooga, Tennessee and Cleveland, Tennessee in 1859.

East Tennessee and Georgia Company received a large amount of funds from sale of bonds of the State of Tennessee to aid in rehabilitation of the line after the American Civil War. The State held a statutory lien on the property as security for this debt.

East Tennessee and Georgia Railroad Company was consolidated with East Tennessee and Virginia Railroad Company on November 26, 1869 to form East Tennessee, Virginia and Georgia Railroad Company.