The railroad was acquired by the Richmond and Danville Railroad in 1878 and officially merged into the Richmond & Danville in 1882. The latter went into receivership in 1892 and the Charlotte, Columbia and Augusta was foreclosed in the following year.[4] It was sold to Southern Railway on July 10, 1894.[4] After the acquisition in 1894, the Charlotte, Columbia and Augusta name was dropped and the Southern moniker was used.
Tickets
The Charlotte, Columbia and Augusta Railroad printed fare tickets in $1, $2, $5 and $10 denominations that resembled US currency with the vignette of a steam locomotive on the front. The $1 fare ticket was good for one person for 20 miles. The $2 fare was good for two people 20 miles. The $5 fare was good for one person 100 miles and the $10 fare was good for two people 100 miles. Many businesses along the railroad would accept the railroad fare notes as currency for goods.