Wikipedia:WikiProject Trains/ICC valuations/Kinston–Carolina Railroad and Lumber Company

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Kinston–Carolina Railroad & Lumber Company, hereinafter called the carrier, owns and operates a single-track standard-gauge steam railroad in the southeastern part of North Carolina, extending from Kinston in a south-southwesterly direction to Pink Hill, a distance of 19.806 miles. The carrier has 2.821 miles of yard tracks and siding, making a total mileage of 22.627 miles.

Corporate history.—The carrier was incorporated under the general laws of North Carolina January 25, 1910, to acquire from John L. Roper Lumber Company, which concern had purchased it at foreclosure sale the preceding October 29, the property of the insolvent Kinston Lumber Company. This last-named company had been chartered July 2, 1904, to acquire at a receiver's sale the railroad, sawmill and planing-mill property of the Gay Lumber Company, the original builder. The railroad had been opened to commercial business about 1900-1901, under the business name of the Kinston and Carolina Railroad, by the Gay Lumber Company.