ATLANTA AND CHARLOTTE AIR-LINE RAILWAY.

HISTORY.

Georgia Air-Line Railroad, chartered March 5, 1858, by the Legislature of Georgia, to run from Atlanta, in the State of Georgia, to the South Carolina State line. Amendment to the same approved December 11, 1858, and also September 7, 1868, and September 21, 1868.

South Carolina Air-Line Railroad Company, charter granted December 20, 1856, conferring on it the same power as was granted to the Georgia Air-Line Railroad Company, to run from the Georgia State line to the North Carolina State line. Amendment to the same approved September 18, 1868.

The North Carolina Air-Line Railroad Company, charter granted August 3, 1868, to run from the South Carolina State line to such point on the Charlotte and South Carolina Railroad, or the North Carolina Railroad at the town of Charlotte, as shall be meet and practicable.

These roads form what was called the Atlanta and Richmond Air-Line Company, which went into the hands of a receiver, and by authority contained in deed of trust, dated 1st day of July, 1870, they were sold at public auction on the 5th day of December. Reorganized April 4, 1877, under the name of the Atlanta and Charlotte Air-Line Railway Company.

On the 26th of March, 1881, the road was leased to the Richmond and Danville Railway Company for ninety-nine years, from April 1, 1881, at a rental of $462,500 annually.