Georgia Railroad and Banking Company

The Georgia Railroad Company was organized in 1834. By 1836, it became known as the Georgia Railroad and Banking Company.

From the description of Georgia Railroad and Banking Company records, [ca. 1834-1957]. (Georgia Regents University, Reese Library). WorldCat record id: 38477403

On May 21, 1837, Georgia Railroad and Banking Company operated the first railroad in Georgia. It is the oldest railroad in Georgia continuously operating under its original charter which was granted by the General Assembly, on December 21, 1833. Though extensive portions of its lines were destroyed by Sherman, it carried without charge 100,000 Confederate soldiers to their homes after the War. It did a banking business from 1835 to 1892, which business has since been conducted by its affiliate, Georgia Railroad Bank & Trust Company. It still redeems its bank notes issued during the War Between the States and, since its completion, has never failed to pay a dividend except for the last War year, 1865. Georgia Railroad and Banking Company historical marker located in Augusta (Richmond County), Georgia.

From the description of Georgia Railroad and Banking Company papers, 1838-1854. (University of Georgia). WorldCat record id: 317118897