OCR Text |
Show ' . Tl -3 Icord-IIer- j i t; . ::oy i! V 3 from CM- 'I) ;.;v York over two routes, and 1 C". iu o ar.d Cinclr.natl, -are .: t'.e transportation probabilities (. t'- i r...ir future. Y.'iniam S. Heed. : ' icr cf rai'.roAds, who has an ofUce 1 1 v'-a 1'irf t National bank, has organ-'.' organ-'.' i a ., r.,I!cate which Las purchased ; t C" ' r ) Electric Traction company t - 4I J ct -anlzcd two other companlei v vsi'.l complete the gaps which l r a continuous ride on electric J ttween the cities named. , 1 fed claims that these transpor-. jt teats will be made possible by i in. t June and that the travel may go fn. n Chicago to New York by way of ;J:-L.alo and then through New York (Li te or may branch oft at Cleveland , n l take a long distance airing through j l'f nuijlvanla and so on to the metrop- ; Ol'". j The Chicago Electric Traction com-I com-I pany, which ts now In the hands of a l receiver In Judge- Kohlsaat's court, Is i to be taken out of litigation and will 1 then be absorbed by the Chicago & j f'outhern Traction company, a new In--eiana corporation, which Is .capitalised for T2.O00.OOO. This will be Increased to I.0o,000. The latter company Is to i coi.struct a line from Harvey to Kankakee, Kan-kakee, a distance of thlrty-slx miles. . Other lines then will take up the con-mection, con-mection, completing the route between Chicago and New York. |