1894, the purchasers of the foreclosed properties, Charles H. Coster and Anthony J. Thomas, and their associates, Samuel Spencer, A. B. Andrews, Francis Lynde Stetson, and W. A. C. Ewen, organized Southern Railway Company, June 18, 1894. The purchasers of the Richmond and Danville Railroad rejected the lease of the Richmond, York River and Chesapeake Railroad because all of the stock of that company had been deposited with the Richmond Terminal Reorganization Committee. This permitted the committee to convey the Richmond, York River and Chesapeake Railroad line between Richmond, Virginia and West Point, Virginia and the company's 1,251 shares of the Baltimore, Chesapeake and Richmond Steamboat Company to Southern Railway Company on June 28, 1894, in consideration of the assumption by Southern Railway Company of the Richmond, York River and Chesapeake mortgage debt. Southern Railway Company began operations of the former Richmond and Danville Railroad Company lines, including the former Richmond, York River and Chesapeake Railroad line, on July 1, 1894. See also Confederate railroads in the American Civil War Notes References Harrison, Fairfax A history of the legal development of the railroad system of Southern Railway Company. Washington, D.C.: Privately printed, 1901. . Retrieved December 24, 2013. Interstate Commerce Commission. Southern Ry. Co., Volume 37, Interstate Commerce Commission Valuation Reports, November 6, 1931. Washington: United States Government Printing Office, 1932. . Defunct Virginia railroads Predecessors of the Southern Railway (U.S.) Railway companies established in 1853 Railway companies disestablished in 1894 5 ft gauge railways in the United States