Historic Markers Across Georgia



Georgia R.R. and Banking Company



Marker ID: GHM 121-5
Location: 8th Street near Telfair Street, Augusta, GA
County: Richmond
Coordinates: N 33° 28.21    W 081° 58.072
  33.47016    -81.96787
Style: Free Standing **
Waymark: WMF1GK
Georgia R.R. and Banking Company Marker
Photo by Markerman



Text:

On May 21, 1837, Georgia Railroad and Banking Company operated from this place the first railroad in Georgia. It is the oldest railroad in Georgia continuously operating under its original charter.

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 then been conducted by its subsidiary, 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.

121-5 Georgia Historical Commission 1954




Georgia R.R. and Banking Company
Photo by Markerman



 

121-5