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passed an act "to authorize cities having a population of fifty thousand inhabitants or more to acquire, purchase, establish, improve, maintain, and operate the port utilities of such cities." A month later, the
Charleston City Council denied the Charleston Terminal Company's formal request for a
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The condition of the
Charleston wharves became a key issue in the Charleston mayoral race of 1919. Candidate John Grace argued that the franchise of the Charleston Terminal Company should not be renewed and the city should take over the administration of the waterfront. Incumbent Mayor Tristan T.
43:. The railroads held an agreement with the Charleston Terminal Company in which they would turn over traffic and pay for such services in order to provide the Charleston Terminal Company with an additional source of revenue to pay the interest on its bonds and not fall behind financially.
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The city of
Charleston proceeded to purchase the dock facilities from the Charleston Terminal Company for $ 1.5 million. In a special election on November 8, 1921, Charlestonians voted in favor of the issuance of $ 2.5 million in municipal bonds in order to pay for the purchase of the port
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The
Charleston Terminal Company was created after the East Shore Terminal Company went into foreclosure in July 1903 and its tracks, wharves and waterfront buildings in Charleston were purchased. It was co-owned by the
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By the early 1900s, the majority of viable dock properties in
Charleston, including railway tracks, equipment and wharves, was run by the Charleston Terminal Company. However, more and more railroads were looking to
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Within the next 18 months, the
Charleston Terminal Company also acquired waterfront property and terminals that had belonged to the South Carolina Terminal Company.
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After his inauguration, Grace immediately began transferring the responsibility of the port facilities to the city of
Charleston. In March 1920, the
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Ports of the United States: Report on
Terminal Facilities, Commerce, Port Charges, and Administration at Sixty-eight Selected Ports
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Records of the Port
Utilities Commission, 1921–1943, The Charleston Archive, Charleston County Public Library, Kathleen Gray, 2009
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Hyde argued that the franchise should be renewed, but under certain stipulations. Grace went on to win the general election.
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Commerce, United States Bureau of
Foreign and Domestic; Jones, Grosvenor Monro (1916).
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The Charleston Terminal Company traced its history back to the
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was a transportation company that operated along the
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172:Transportation in Charleston, South Carolina
127:. U.S. Government Printing Office. p.
110:The Railway Age, Volume 38, 1904, page 538
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177:American companies disestablished in 1921
187:1921 disestablishments in South Carolina
162:Railway companies disestablished in 1921
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182:1903 establishments in South Carolina
157:Railway companies established in 1903
167:Ports and harbors of South Carolina
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152:Defunct South Carolina railroads
63:South Carolina General Assembly
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133:charleston terminal company.
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29:East Shore Terminal Company
18:Charleston Terminal Company
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