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March 10, 1887
“Filed today"
East Texas Transportation Company was chartered today. To construct tramways from Atlanta to lumber mills. Capital: 100,000. Incorporators: Ed F. Sheets, W. G. Wadley, T. W. Duncan, W. C. Brown, H. J. Allen, W. H. Rutland and W. A. Scott. Source: Dallas Morning News, "Tramway Company Chartered", March 10, 1887. |
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August, 1890
Annual meeting, second Tuesday in March.
Directors: H. J. Allen, W. G. Wadley, W. C. Brown, F. M. Duncan, Queen City; W. A. Scott, Ed. Sheets, J. D. Johnson, Atlanta; Officers: P. R. Scott, Pres.; Ed. Rand, Treas. & Gen. Man., Atlanta; W. D. Wadley, Supt., Queen City.
Projected from Queen City to the Arkansas and Louisiana State Line; 16 miles; with branch from Atlanta to Queen City. Track laid, 8 miles; gauge, 3 ft.; rail, 35 lbs. per yard. Chartered in March, 1887, and bought ½ interest in the Queen City Lumber Co.’s road, which was chartered as the Queen City, Spring Bank and Linden R.R. The road is now being operated under a 3-years’ lease by Ed. Rand & Co., who extends the road into the timber lands as the business demands. Locomotive engines, 2; freight cars, 38. Financial statement – Capital stock (authorized, $200,000), $38,000; other liabilities, $42,000 – total, $80,000; being cost of road and equipment to date. Annual meeting, second Tuesday in March. Directors: H. J. Allen, W. G. Wadley, W. C. Brown, F. M. Duncan, Queen City, Tex.; W. A. Scott, Ed. Sheets, J. D. Jonson, Atlanta, Tex. Officers: P. R. Scott, Pres.; Ed. Rand, Treas. & Gen. Man., Atlanta, Tex.; W. G. Wadley, Supt., Queen City, Tex. Principal Office, Atlanta, Tex. Source: Poor’s Directory of Railway Officials, August 1890. |
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