This Day in Georgia History
June 18, 1894
Southern Railway Company Organized
After the Richmond & Danville Railroad went into receivership in 1892, Drexel, Morgan & Co. assumed control and reorganized the rail line into the Southern Railway Company, with headquarters in Richmond, Virginia - later moved to Washington, D.C. Absorbed into the Southern were a number of rail companies serving Atlanta, including the Atlanta & Charlotte Air-Line and Georgia Pacific Railways. Samuel Spencer of Columbus, Georgia became the first president. During his twelve years, the Southern would grow dramatically in terms of equipment and geographic markets served.