Historic Markers Across Georgia



Georgia R.R. and Banking Company



Marker ID: GHM 
Location: Broad and 7th Street, Augusta, GA
County: Richmond
Coordinates: N 33° 28.483    W 081° 57.789
  33.47471666    -81.96315
Style: Free Standing **
Waymark: WMJH4
Georgia R.R. and Banking Company Marker  



Text:

2,200 feet to the southwest at a place indicated by an official marker of Georgia Historical Commission, Georgia Railroad and Banking Company on May 21, 1837 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 of the State of Georgia, on December 21, 1833.

Though extensive portions of its line 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 and Trust Company. It still redeems its bank notes issued during the War Between the States and, since its completion, his never failed to pay a dividend except for the last War year, 1865.



 

 

121-A32