|March 1882||New directors were elected: F.W. Darby, W.L. Edmunds, Eugene C. Gordon, Walter S. Gordon, A. Howell, D.N. Kennedy, H.C. Merritt, C.G. Smith, G.B. Wilson, W.B. Wood and W.J. Wood. Eugene C. Gordon was named president, while W.B. Wood was named vice president, W.S. Gordon installed as treasurer and H.C. Merritt named the company’s secretary.|
|August 1886||Following the purchase by the Louisville & Nashville, a new company formed with F.P. Gracey as president, T. Herndon as vice president, Gracey Childers as secretary and treasurer and T.D. Luckett and J.T. Edwards as directors|
The Indiana, Alabama & Texas locomotive roster is not entirely clear. The railroad apparently purchased at least a pair of locomotives, possibly second-hand, from Pittsburgh Locomotive Works.
|Pittsburgh Locomotive Works||4-4-0||December 1878||Possibly owned by the Pittsburgh & Western and the Painesville & Youngstown railroads before the Indiana, Alabama & Texas acquired it.|
|Pittsburgh Locomotive Works||4-4-0||1880||Possibly owned by Montgomery Iron works before the Indiana, Alabama & Texas acquired it.|