Greensboro, March 10—Reports of the re-sale of the Carolina and Yadkin River railroad, a short line running from High Point to High Rock, 42 miles, will be received by Judge Stack in superior court here Monday.
The road has been sold twice to satisfactory creditors, the first time attracting a bid of $75,000 and the second, when sold in divisions, $102,000, $2,000 in excess of the upset named by Judge Stack.
High Point, Thomasville and Denton capitalists and business men are expected to make an effort here Monday to buy the road and have it resume operation. It has been idle the past five weeks.
The short line, which connects with the Southbound at High Rock, is regarded as an important freight carrier by High Point manufacturers.
From the front page of the Salisbury Evening Post, Saturday, March 10, 1923
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