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Port Royal And Augusta Railway
The Port Royal and Augusta Railway was a South Carolina railroad that existed in the latter half of the 19th century. The Port Royal Railroad Company was chartered in 1856 and the line was completed in 1870. In 1873, the Georgia Railroad provided financial assistance to the Port Royal Railroad Company, but Port Royal Railroad Company defaulted in November 1873 and the railroad was sold to the Georgia Railroad under foreclosure in June 1878, with the Union Trust Company of New York as Trustees.Thomas (1895), p. 202-203. The Georgia Railroad reorganized it under the name Port Royal and Augusta Railway,Poor (1889), p. 604 and the company expanded.West Publishing Company (1896), p. 383. In 1881 Georgia Railroad leased its rail lines for 99 years to Colonel William M. Wadley, who assigned half of the interest to Louisville and Nashville Railroad and the other half to Central Rail Road and Banking Company of Georgia.District of Columbia (1897), pp. 398-399. That same year, Central Rail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Royal Railroad
The Port Royal Railroad was a South Carolina railroad that was constructed following the American Civil War. The line was chartered in 1856 but wasn't built until 1870. By 1871, it ran from Port Royal, South Carolina, to Yemassee, South Carolina. It was extended to Augusta, Georgia in 1873. That same year, the company declared bankruptcy and was sold to the new Port Royal and Augusta Railway in 1878. Although the railroad's ownership changed hands several times over the years of its operation, the physical railroad was in continuous operation until 2006, when the Port of Port Royal was finally closed by the State of South Carolina. In 2009, ownership of the railroad right-of-way was transferred to the Beaufort-Jasper Water and Sewer Authority and was officially decommissioned. BJWSA began removing the rails in 2010 to prepare for water & sewer infrastructure and the creation of a rail trail. Portions of the Spanish Moss Trail opened to the public in 2012. See also * Port Royal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port Royal And Western Carolina Railway
The Port Royal and Western Carolina Railway (PR&WC) was a railroad company in the southern United States that operated on of gauge track. It was formed in 1886 by the merger of the Augusta and Knoxville Railroad, Greenwood, Laurens and Spartanburg Railroad, Savannah Valley Railroad and the Greenville and Laurens Railroad, which then joined with Port Royal and Augusta Railway. The Port Royal and Western Carolina, and Port Royal and Augusta were operated as part of the Central of Georgia Railroad line until the South Carolina General Assembly forced the railroad to give up the lines. The Charleston and Western Carolina Railway was formed in 1896 to operate the two lines. The Atlantic Coast Line Railroad The Atlantic Coast Line Railroad was a United States Class I railroad formed in 1900, though predecessor railroads had used the ACL brand since 1871. In 1967 it merged with long-time rival Seaboard Air Line Railroad to form the Seaboard Coast L ... took over the Charleston and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgia Railroad
Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the country in the Caucasus ** Kingdom of Georgia, a medieval kingdom ** Georgia within the Russian Empire ** Democratic Republic of Georgia, established following the Russian Revolution ** Georgian Soviet Socialist Republic, a constituent of the Soviet Union * Related to the US state ** Province of Georgia, one of the thirteen American colonies established by Great Britain in what became the United States ** Georgia in the American Civil War, the State of Georgia within the Confederate States of America. Other places * 359 Georgia, an asteroid * New Georgia, Solomon Islands * South Georgia and the South Sandwich Islands Canada * Georgia Street, in Vancouver, British Columbia, Canada * Strait of Georgia, British Columbia, Canada United Ki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure). Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, it is a cloud on title and the lender cannot be sure that they can repossess the property. Therefore, through the process of foreclosure, the lender seeks to immediately ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustee
Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. A trustee can also be a person who is allowed to do certain tasks but not able to gain income, although that is untrue.''Black's Law Dictionary, Fifth Edition'' (1979), p. 1357, . Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non-charitable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louisville And Nashville Railroad
The Louisville and Nashville Railroad , commonly called the L&N, was a Class I railroad that operated freight and passenger services in the southeast United States. Chartered by the Commonwealth of Kentucky in 1850, the road grew into one of the great success stories of American business. Operating under one name continuously for 132 years, it survived civil war and economic depression and several waves of social and technological change. Under Milton H. Smith, president of the company for 30 years, the L&N grew from a road with less than of track to a system serving fourteen states. As one of the premier Southern railroads, the L&N extended its reach far beyond its namesake cities, stretching to St. Louis, Memphis, Atlanta, and New Orleans. The railroad was economically strong throughout its lifetime, operating freight and passenger trains in a manner that earned it the nickname, "The Old Reliable." Growth of the railroad continued until its purchase and the tumultuous rail ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Of Georgia
The Central of Georgia Railway started as the Central Rail Road and Canal Company in 1833. As a way to better attract investment capital, the railroad changed its name to Central Rail Road and Banking Company of Georgia. This railroad was constructed to join the Macon and Western Railroad at Macon, Georgia, in the United States, and run to Savannah. This created a rail link from Chattanooga, on the Tennessee River, to seaports on the Atlantic Ocean. It took from 1837 to 1843 to build the railroad from Savannah to the eastern bank of the Ocmulgee River at Macon; a bridge into the city was not built until 1851. During the Savannah Campaign of the American Civil War, conducted during November and December 1864, federal troops tore up the rails and converted them into "Sherman's neckties." The company was purchased by the Southern Railway in 1963, and subsequently became part of Norfolk Southern Railway in 1982. Despite the similarity between the two names, the Georgia Central Ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Of South Carolina
)''Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no) , anthem = " Carolina";" South Carolina On My Mind" , Former = Province of South Carolina , seat = Columbia , LargestCity = Charleston , LargestMetro = Greenville (combined and metro) Columbia (urban) , BorderingStates = Georgia, North Carolina , OfficialLang = English , population_demonym = South Carolinian , Governor = , Lieutenant Governor = , Legislature = General Assembly , Upperhouse = Senate , Lowerhouse = House of Representatives , Judiciary = South Carolina Supreme Court , Senators = , Representative = 6 Republicans1 Democrat , postal_code = SC , TradAbbreviation = S.C. , area_rank = 40th , area_total_sq_mi = 32,020 , area_total_km2 = 82,932 , area_land_sq_mi = 30,109 , area_land_km2 = 77,982 , area_water_sq_mi = 1,911 , area_water_km2 = 4,949 , area_water_percent = 6 , population_rank = 23rd , population_as_of = 2022 , 2010Pop = 5282634 , population_ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charleston And Western Carolina Railway
The Charleston and Western Carolina Railway (C&WC) was formed in 1896 to operate the lines of the former Port Royal and Augusta Railway (PR&A) and the Port Royal and Western Carolina Railway (PR&WC). The PR&A and PR&WC had originally been part of the Central of Georgia Railroad but the South Carolina Legislature had forced the railroad to give up the subsidiary lines. The Atlantic Coast Line Railroad (ACL) took over the C&WC in 1897 but operated it as a subsidiary until 1959 when the ACL fully absorbed it. Much of the original system is still in use by ACL successor CSX Transportation. Origins When the Charleston & Western Carolina Railway was created in 1896, it combined two existing railroads, the Port Royal and Augusta Railway and the Port Royal and Western Carolina Railway into a single entity. The oldest portion of the line, the PR&A, ran from Port Royal to Augusta, a distance of following its completion in 1873. It was financed by the Georgia Railroad of Augusta, whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Augusta Subdivision
The Augusta Subdivision is a railroad line owned by CSX Transportation in the U.S. states of Georgia and South Carolina. The line runs from Augusta, Georgia, to Yemassee, South Carolina, for a total of . At its north end it continues south from the McCormick Subdivision and at its south end it continues south as the Charleston Subdivision. See also * List of CSX Transportation lines * Port Royal and Augusta Railway The Port Royal and Augusta Railway was a South Carolina railroad that existed in the latter half of the 19th century. The Port Royal Railroad Company was chartered in 1856 and the line was completed in 1870. In 1873, the Georgia Railroad provided ... References CSX Transportation lines Rail infrastructure in Georgia (U.S. state) Rail infrastructure in South Carolina {{SouthCarolina-transport-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beaufort-Jasper Water And Sewer Authority
The Beaufort-Jasper Water and Sewer Authority (often shortened to BJWSA) is a public water system and non-profit corporation which handles water and wastewater operations for many areas in Beaufort and Jasper counties in the Lowcountry region of South Carolina. The Authority was created under the provisions of Act 784 by the South Carolina General Assembly in 1954 to provide services to Beaufort County. In 1969, its powers were expanded to include wastewater facility construction and services. In 1983, the authority merged with the Jasper County Water and Sewer Authority and thus adopting the BJWSA moniker. Although initially set up to provide water and wastewater services to unincorporated areas, BJWSA has over time acquired municipal water and sewer systems for Beaufort, Port Royal, Bluffton, and Hardeeville. Since 2008, BJWSA also provides water and service to the military installations located in northern Beaufort County. In 2009, BJWSA assumed ownership of the former P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
