Georgetown Railroad - History

History

The original Georgetown Railroad Company was chartered on May 31, 1878, with a commitment to build a railroad the approximately 10 mile distance between Georgetown and Round Rock. The first board of directors consisted of Emzy Taylor, Moses E. Steele, Thomas B. Hughes, J. H. Rucker, Duncan G. Smith, and John J. Dimmitt, all of Williamson County, and David Love. The headquarters was in Georgetown.

The proceeds of the first stock offering was about $50,000, and the end of 1878, the GRR had connected Georgetown to Round Rock. Soon, the railroad found itself in difficult financial straits and was sold in foreclosure on August 5, 1879. The International-Great Northern Railroad purchased the Georgetown and operations merged with that company in 1882. The branch was operated by the I-GN and its successors until 1959, when it was sold to the new Georgetown Railroad Company.

This company was incorporated on July 25, 1958, and it acquired eight miles of the Georgetown branch of the Missouri Pacific Railroad which was a successor to the I-GN.

On June 3, 1991, the Georgetown Railroad acquired that portion of the Belton Railroad east of Interstate 35 at Belton and began operating this line as its Belton Subdivision.

Read more about this topic:  Georgetown Railroad

Famous quotes containing the word history:

    What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.
    Ludwig Wittgenstein (1889–1951)

    To history therefore I must refer for answer, in which it would be an unhappy passage indeed, which should shew by what fatal indulgence of subordinate views and passions, a contest for an atom had defeated well founded prospects of giving liberty to half the globe.
    Thomas Jefferson (1743–1826)

    Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.
    Wyndham Lewis (1882–1957)