By 1906 the Ocilla & Valdosta Railroad had completed rail lines between Fitzgerald, Ocilla, and Broxton, but it was failing financially. The Fitzgerald, Ocilla & Broxton Railroad was formed in 1907 to take over the O&V's lines connecting its three namesake cities.
Some time later the FO&B acquired a third line out of Ocilla by leasing the former Ocilla & Irwinville Railroad, which had
been built in 1900 and sold to the Brunswick & Birmingham soon afterwards. This was apparently part of a plan to extend the railroad west to Albany and east to Savannah.
The FO&B was not able to last much longer than its predecessor, however. In 1911, the tracks between Fitzgerald and Ocilla were leased to the Ocilla Southern Railroad. The Ocilla-Irwinville line was abandoned in 1915-16 and the tracks between Ocilla and Broxton were abandoned the following year.