After mining of the ore in Chattooga County became uneconomical the railroad went bankrupt and was purchased by local investors.

The railroad began operations in 1990, and was purchased by RailAmerica in 2000.

The railroad failed, was purchased by the New York Central, and was finally abandoned.

On January 6, 1928, the railroad was purchased out of bankruptcy by Charles Boettcher.

The railroad was later purchased by the Southern Pacific.

In 2005, the railroad was purchased by holding company RailAmerica.

When this railroad was purchased by the larger system, Holliday earned $20,000 from the sale.

The fundraising was successful, and the railroad was purchased for $18,000 on November 1, 1958.

The railroad was purchased by Amalgamated Sugar around 1946.

The railroad was declared bankrupt in 1917 and purchased a year later.