After the war, Knoxville businessman Charles McClung McGhee (1828–1907) and several other investors formed a syndicate which purchased both the East Tennessee and Georgia Railroad and the East Tennessee and Virginia Railroad. In 1869, the two lines were consolidated to form the East Tennessee, Virginia and Georgia Railroad, with Thomas Calloway as president, and McGhee and Richard T. Wilson as agents. As a nexus between northern financiers and local interests, McGhee was able to obtain for the ETV&G large amounts of capital, and the new company rapidly expanded.