CENTRAL OF GEORGIA RAILWAY COMPANY, a corporation which owns or operates in Georgia 1,340.47 miles, in Alabama 579.55 and in Tennessee 4.07, a total of 1,924.09 miles of main track. The northern terminus is Chattanooga; the western Birmingham and Montgomery; the southern Lockhart, Ala.; and the eastern Savannah. The following lines constitute the system: Owned — Under first, consolidated and gen eral and refunding mortgages: Savannah to At lanta, Ga.; Gordon to Milledgeville, Ga.: 311.34 miles.
Owned — Under divisional, consolidated and general and refunding mortgages: Dover to Brewton, Ga.; Milledgeville to Covington, Ga.; MaconJunction to Athens, Ga.; Columbus, Ga., to Andalusia, Ala.; Carrollton, Ga., to Belt Junction, Chattanooga, Tenn.; Chickamauga to Durham, Ga.; Lyerly, Ga., to Dewey, Ala.; Greenville to Raymond, Ga.; 1.67 Mile Post to Margaret, Ala.: 579.22 miles.
Owned — Under consolidated and general and refunding mortgages: Savannah to Tybee, Ga.; Barnesville to Thomaston, Ga.; Griffin to Carrollton, Ga.; Meldrim to Lyons, Ga., 58.09 miles, leased to Georgia and Alabama Railway Company; Covington to Porterdale, Ga.; Amer icus to Columbus, Ga.; Columbus to Greenville, Ga.• Columbus, Ga., to Birmingham, Ala.; Opelika to Roanoke, Ala.; Montgomery to Eufaula, Ala.• Eufaula to Ozark, Ala.• ' Henry Ellen to 1.67 Mile Post, Upper Cahaba branch: 541.83 miles. Grand total owned, 1,432.39 miles.
Leased — Augusta and Savanah Railroad, Southwestern Railroad, Chattahoochee and Gulf Railroad: 477.52 miles.
Trackage rights, 14.18 miles. Total miles operated, 1,924.09.
Funded The funded debt of the company on 30 June 1915 was $37,032,350.
The general income account for the year ended 30 June 1915 was as follows: Total operating revenues $12,108,184 Total operating expenses 8,973,511 Net operating revenues $3.134,673 Taxes $576,544 Uncollectible revenues 10.496 Operating income $2,547.633 Other income 1,355.998 Total income $3,903,631 Total charges 2,701,626 Surplus after charges $1.202,005 Dividends 1.150.000 Balance $52,005 Equipment and Traffice—Central of Georgia Railway Company owns 336 locomotives, 273 passenger cars, 10,220 freight cars and 389 service cars, and requires the services of more than 10,000 employees.' The company trans
ports annually about 4,500,000 passengers and 5,000,000 tons of freight.
History.--.The company was incorporated under its present name with a capital of $5,000,000, 17 Oct. 1895. Through the purchase of its entire outstanding capital stock the Illi nois Central Railroad Company acquired con trol in June 1909. On 17 June 1912 the charter of the Central of Georgia Railway Company was amended so as to permit the issue of $15,000,000 (preferred) additional stock The railroad was incorporated 20 Dec. 1833, as The Central Railroad and Canal Com pany of Georgia, with capital of $1,500,000. In 1835 the corporate name was changed to The Central Railroad and Banking Company of Georgia. The first train passed over the whole line from Savannah to Macon (190 miles) on 13 Oct. 1843; the Macon depot was opened for regular business on 1 Nov. 1843 and trains were regularly operated over he whole line daily thereafter, Sundays excepted. Earnings from carrying passengers and freights are re ported as early as August, September and Oc tober 1839. The road at that time was com pleted to a point about 76 miles from Savannah toward Macon. The road from Savannah to Macon is reported to have cost, including de pots, motive power and rolling stock, $2,581,723, an average of $13,588 per mile. The lines listed above and completing the system were built afterward and incorporated by purchase or lease. The Central Railroad and Banking Company ofGeorgia was leased to Georgia Pa cific Railway Company 1 June 1891, and passed into receivers' hands on 4 March 1892. Deed of special master to Samuel Thomas and Thomas F. Ryan is dated 17 Oct. 1895, and con firmatory deed from the receivers to Central of Georgia Railway Company is dated 11 Dec. 1896. As already stated above, the company has since come under the control of the Illinois Central Railroad Company.