The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-04-04

the annual meeting, please mail t at once to C.
J. Fellows, car accountant Cleveland, Column
| bus, Cincinnati IL Indianapolis railway, Cleve-
land, o. d. w. MoOhr, Q. j. Fellows, John G.
HUNT, committee"
| An expert civil engineer and n couple Of rail-
road men who are highly esteemed by the Erie
| management are making trip over the old ca
Fort wayne, Lafayette e. St Louis road. The
| party travel in IA carriage and move quite les-
utely. indianapolis parties are watching their
| movements with interest,
WILL WORRY THE TRUNK LINES.
The Chesapeake d Ohio road is beginning to
figure quite largely as through line, and some
fun il looked for, of these days, when it gets
/ in good trim for aggression; the management
will put in a claim for recognition as trunk
line and If the recognition isn't accorded at the
drop of a hat it will kick over all the established
/ rates III the West. OF course, the other trunk
/ nhrs wont Ignore tue new system, hut whether
they do or not, IL Will probably introduce Itself
| 10 the world, as most new roads ito, by war
whoop and waving of flags. Already, at Chi
cago, il is advertising by cutting rates, and it is
understood will, in the near future, open an
office at indianapolis and make it warm for
| competitors.
WHAT WILL BE DONE Now2
One of the executive committee of the Union
Railway Company, in answer to the question,
''What will become of the new union depot
project now2' said: "The enterprise will either
be dropped for couple of years or until the
| question Of rights is settled, or the Union Rail-
| way Company would assume the aggressive, and
order the leasing lines to seek other depot ac-
commodations, and that the Union Railway
Company may tear down the present structure
and erect new depot" He added: "When the
new depot is COMPLETED, roads that
essees will not get in unless willing to conform TO
| the rules and regulations of the Union Railway
| company" In answer TO the remark, POSSIBLY
the leasing lines would join hands and build a
second union depot" he said: There is not a
member of the Union Railway Company that
would not gladly have them do 80"
BETTER BUY THAT FELLOW OFF.
Mr. Goodwin, who is a bitter enemy of the
New York IL New Haven Railroad Company, one
of the wealIhiest roads in this country, stated
last week before legislative committee of the
State of Connecticut that since 1878 the reports
of the directors, made TO the stock holders show
that in addition TO dividends of 10 per cent per
annnm equal to upward of IL per cent. ON the
pald-in capitaD ami in addition to an admitted
increase of S633 400 in the surplus. profit and
loss account, the company has added 81, 095, 900
OF betterments to It's road, all of which, with the
exception of about $4,000, it has charged to
operating expenses. This So, 52S, 400 over and
above 10 per cent. dividends has all been exacted
from tine travelling puhc, and tine fact withheld
from the railrOHu commissioners and the Cen
eral Assembly. He suggested that if any method
OF bookkeeping ought TO be called the ''skinning
method" it is this one adopted by the New York,
New Haven " Hartford Company, which has
enabled III To exact upward OF SS,OOu,OUO from
the public in addition to its 10 per cent. divi-
bends. and yet suppress and conceal the exac-
tion.
WILLARD HAS A CLEAR FIELD FOR THE PACIFIC
NORTHWEST.
Mention was made day or two since that the
Oregon Transcontinental Company had by lease
| acquired full control of the Oregon Il California
railroad, running from Portland, Ore, to the
California border. The completion aud equip
rt,o %
also assumed by the Transcontinental Company,
1t is claimed that the bargain will be
proftablt one for the Transeontinental Com
pany. AT all events, it secures for the Willard
syndicate IL complete domination of the railroad
facilities or the Paclic Northwest. The Oregon
81 California railroad. now owned chiefly in Eng
land, WIS started by Ben. Holiday in 1869, and
built from Portland to point zoo miles south,
where work was suspended and not resumed
until last year. when finished 1t will meet an
extension of tho Central Pacific lines at the
northern border of California, and with them
form uDbrOken rail- 1000 miles long, from
Puget sound to San Francisco bay. IL is appar-
emily now the purpose of the Willard companies
10 make no attempt to secure an independent
line into California, but to work in harmony
with the Central Pacific monop lv and keep that
powerful concern from entering Oregon.
NEW EQUIPMENTS ON THE BEE LINE SYSTEM.
William F. TurrefI, general master mechanic
Of the Bee Line system, is stopping in the city
for q day two, and frcm him facts which will
be of interest were obtained, last evening. He
states that orders have been given that during
the present year twelve Mogul engines and one
passenger locomotive shall be built at the Cleye-
land shops in addition to all repairs, six MOgul
engines at the Brightwood shops, and five ten
wheel freight engines and one passenger engine
at the Mattoon shops All these engines are to
be entirely new work. Ten passenger coaches
of the most approved pattern are now building
for Saa road, five to lie delivered this month.
Severa, of the old coaches have heen sent TO the
Ohio Falls and to the Ltchiied CarwOrks
to he rebuilt and this year every passenger
coach worth rebuilding will be repaired the
hest STYLE and in every first-clasS coach toilet
rOnms and other oonVeniences are to be- fur
niSheh. Three combined Woodruff and
to het ween Cleveland ana ST. Lnuis, mum.
bered sol, 500, SOB, and they are really palaces
The first of the coaches went onto the line Mon
day nighr, the second last night, aud the third
Will be put on tonight.
VANDERBILT OUT OF THE CENTRAL,
Gath's New York Special.
"Vanderbilt admits having gone out of New
York Central7"
"Of course he has gone out ofit. He is no fool
He knew that to earn fixed charges of $4,000
600 year required the monopoly of the belt OF
country through which he ran. He saw that the
general public was hardly aware .hat such an
enterprise as the Hudson River West Shore
was being built; so he and his family have got
away from under en- immense load of New York
Central stock, and have put their money IN
various things. Probably onefOurth TO one
| third of the entire fortunes of the Vanderbilt
family are now In governments. | would not be
surprised to find they had bought into their
| rival"
Real Estate Transfers.
Instruments filed for record in the Recorders