Denison, Bonham and New Orleans Railroad
Encyclopedia
The Denison, Bonham and New Orleans Railroad was a railroad company based in Denison
Denison, Texas
Denison is a city in Grayson County, Texas, United States. The population was 22,773 at the 2000 census; it is estimated to have grown to 24,127 in 2009. Denison is one of two principal cities in the Sherman-Denison Metropolitan Statistical Area.-History:...

, Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...

, U.S.A. which was chartered in 1887. It was nicknamed "Nellie". The DB&NO operated on track between Bonham Junction on the Missouri-Kansas-Texas Railroad
Missouri-Kansas-Texas Railroad
The Missouri–Kansas–Texas Railroad was incorporated May 23, 1870. In its earliest days the MKT was commonly referred to as "the K-T", which was its stock exchange symbol; this common designation soon evolved into "the Katy"....

 east of Denison and its southeastern terminus with the Texas and Pacific Railway
Texas and Pacific Railway
The Texas and Pacific Railway Company was created by federal charter in 1871 with the purpose of building a southern transcontinental railroad between Marshall, Texas, and San Diego, California....

 in Bonham, Texas
Bonham, Texas
Bonham is a city in Fannin County, Texas, United States. The population was 10,127 at the 2010 census. It is the county seat of Fannin County. James Bonham sought the aid of James Fannin at the Battle of the Alamo....

. It made stops in the communities of Ambrose and Ravenna. The railroad ceased operations in 1928.

The track through Bonham was completed in 1891. The railroad ended up totaling 26.7 miles (43 km) of track. The Missouri-Kansas-Texas Railroad operated the railroad and later leased it. In 1923 the M-K-T gave up its interest in the line and for two years was operated under receivership
Receivership
In law, receivership is the situation in which an institution or enterprise is being held by a receiver, a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights." The receivership remedy is an equitable remedy that emerged in...

. In 1925, several Bonham citizens purchased the line but in 1928 the line was shut down and abandoned.
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