Subsumed By CSX
The Georgia Railroad originally fell under common management with the Atlanta and West Point Railroad and the Western Railway of Alabama, commonly known as "The West Point Route."
In 1967 the ACL merged with the Seaboard Air Line Railroad to form the Seaboard Coast Line Railroad . In the early 1970s SCL merged with the Louisville and Nashville Railroad and the Clinchfield Railroad to become the Family Lines System. Family Lines continued to operate the Georgia Railroad under its initial charter and thus the Georgia Railroad was maintained as a separate company, with Family Lines leasing the rail properties.
1983 saw the end of the Georgia Railroad as a separate company after Family Lines purchased the railroad properties of the Georgia Railroad and Banking Company, which had until then been the subject of the lease.
The Seaboard System subsequently merged with the Chessie System in 1986 to form CSX Transportation.
Today the original Georgia Railroad and Banking Company is in the real estate development business, controlling numerous properties along its former rail lines.
Read more about this topic: Georgia Railroad And Banking Company