Carolina Clinchfield and Ohio Railway - $1,000 Railroad Bond

$1,000 Railroad Bond. Superb steam train scene with workers laying track. Great. Rare! The Clinchfield Railroad (reporting mark CRR) served as both an operating and holding company for the Carolina, Clinchfield and Ohio Railway (reporting mark CCO). This railway extended from the coalfields located in Virginia and Elkhorn City, Kentucky, to the textile mills situated in South Carolina. The 35-mile stretch from Dante, Virginia, to Elkhorn City, which opened up the coal lands to the north of the Sandy Ridge Mountains and established a connection with the Chesapeake and Ohio Railway at Elkhorn City, was finalized in 1915.

The Clinchfield was recognized as the last Class I railroad constructed in the United States east of the Rocky Mountains. Spanning 266 miles, this railroad granted access to a variety of scenic attractions within the Appalachian region and is particularly renowned for the advanced railroad engineering methods utilized during its construction, notably illustrated by the Clinchfield Loops that ascend the Blue Ridge Mountains north of Marion, North Carolina.

The Clinchfield Railroad commenced operations on December 1, 1924, and for an extended period, it was jointly leased by the Atlantic Coast Line Railroad and the Louisville and Nashville Railroad. Following the merger of the L&N with the successor of the ACL, the Seaboard Coast Line Railroad, which took effect on January 1, 1983, resulting in the formation of the Seaboard System Railroad, the need for a separate operating company was eliminated, leading to its merger into the Seaboard. Currently, the line is owned and managed by CSX Transportation, functioning as their Blue Ridge Subdivision (from Spartanburg to Erwin, Tennessee) and Kingsport Subdivision (from Erwin to Elkhorn City).