Wikipedia:WikiProject Trains/ICC valuations/Dayton – Goose Creek Railway

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The railroad of the Dayton – Goose Creek Railway Company, herein called the carrier, is a single-track, standard-gage, steam railroad, located in the southeastern part of Texas. The owned mileage consists of a main line from Dayton to Baytown 24.988 miles in length and 4.189 miles of yard tracks and sidings. Its road thus embraces 29.177 miles of all tracks owned. In addition, it owns equally and uses jointly with the Texas and New Orleans Railroad Company 1.515 miles of yard tracks and sidings at Dayton.

CORPORATE HISTORY

The carrier was incorporated July 24, 1917, under the general laws of the State of Texas, for the purpose of constructing and operating a railroad extending from Dayton to Goose Creek, Tex., about 25 miles. The date of its organization is stated by the company as July 21, 1917, which is the date the articles of incorporation were executed.

DEVELOPMENT OF FIXED PHYSICAL PROPERTY

The owned mileage of the carrier, amounting to 24.988 miles, was constructed, with the exception of bridges, by its own forces. Construction commenced in 1917 and the road from Dayton to Goose Creek was placed in operation on May 1, 1918. The extension from Goose Creek to Baytown was placed in operation in August, 1919. Bridges were constructed by H. H. Patton, contractor, and others whose names were not determined.

HISTORY OF CORPORATE FINANCING