History By the early 1850s, a group of investors had been formed and incorporated a land development project known as the "Shepard Point Land Company," which purchased of land on the eastern tip of the peninsula bordering the Newport River, known then as "Shepards Point," which is the present location of Morehead City. The Shepard Point Land Company's objective was to take advantage of the natural deep channel of Topsail Inlet, known today as the Beaufort Inlet, which splits Bogue Banks from Shackleford Banks and provides access to Morehead City, Beaufort, North Carolina, the Newport River and the Intracoastal Waterway. The Shepard Point Land Company was established to construct a deepwater port to allow another access point for North Carolina timber products to relieve pressure at the port located in Wilmington. To make the port accessible to the interior of North Carolina, the Atlantic and North Carolina Railroad line between Goldsboro and New Bern was completed on April 29, 1858.
History By the early 1850s, a group of investors had been formed and incorporated a land development project known as the "Shepard Point Land Company," which purchased of land on the eastern tip of the peninsula bordering the Newport River, known then as "Shepards Point," which is the present location of Morehead City. The Shepard Point Land Company's objective was to take advantage of the natural deep channel of Topsail Inlet, known today as the Beaufort Inlet, which splits Bogue Banks from Shackleford Banks and provides access to Morehead City, Beaufort, North Carolina, the Newport River and the Intracoastal Waterway. The Shepard Point Land Company was established to construct a deepwater port to allow another access point for North Carolina timber products to relieve pressure at the port located in Wilmington. To make the port accessible to the interior of North Carolina, the Atlantic and North Carolina Railroad line between Goldsboro and New Bern was completed on April 29, 1858.