The original plan was to dig a canal from the Apalachicola River to St. Joseph to allow steamboats to connect directly with ocean-going ships.
An 8-mile (13 km) long rail line to Columbus Bayou (renamed Depot Creek) on Lake Wimico was completed in March, 1836.
Besides the railroad terminal and a couple of warehouses, Iola had a steam sawmill, a gristmill, a post office, and a hotel.
[2][3][4] The railroad was constructed with a 5 ft (1,524 mm) track gauge, using wood rails with strap iron on top.
[6] In 1910, the Apalachicola Northern Railroad used part of the old Lake Wimico and St. Joseph roadbed for a branch line to Port St.Joe.