Later, after coal was discovered and a company was formed to build a railroad to the Pocahontas Coalfields, the community's name was changed again to "Graham" to honor Col. Thomas Graham, a Philadelphia capitalist. The town was first chartered by the Commonwealth of Virginia as the town of Graham in 1884. The Norfolk and Western railroad chose Bluefield, West Virginia over Graham as the place to build its regional headquarters and main docking yards for the Pocahontas region. As a result, Bluefield, West Virginia grew at a much faster rate than did Graham.