ATLANTIC COAST LINE SYSTEM. LINES OWNED, LEASED, CONTROLLED AND OPERATED IN NORTH CAROLINA. The Wilmington and Weldon Railroad Company was organized March 14th, 1836, under the laws of North Carolina, Acts of General Assembly 1833-'35-'36 (amendatory Acts 1851-2-5-'67). January, 1833, chartered as Wilmington and Raleigh Railroad Company; main line opened March 9th, 1840. Name changed in February, 1855. Tarboro Branch opened in August, 1849, and Scotland Neck Branch October 1st, 1882. Midland North Carolina Railroad was purchased in June, 1885. The Fayetteville Branch was completed and opened October 1st, 1886. The Nashville Branch was opened in 1887. The Clinton Branch on April 1st, 1887. This Corporation was chartered as the Wilmington and Raleigh Railroad, by the General Assembly of North Carolina, year 1833, for the purpose of effecting a communication by a railroad from some point within the town of Wilmington, or immediate neighborhood of the said town, to the city of Raleigh, or in the immediate neighborhood of the said city. The charter was amended in 1835, so as to allow the Company to run its main road from some point within or near the town of Wilmington, to some point in the city of Raleigh, or in the immediate neighborhood thereof, or to some point at or near the river Roanoke, at the election of the Stockholders, with a view of connecting with the Petersburg and Norfolk Railroads. This Company claims exemption from taxation. |