The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-07-25


trust. for their benefit. Accordingly. de-
mand was yesterday made by the trustees
-Messrs. K. Il. 4. Peirce, of this city. and
j. A. Sands, of New York-upon President
Hammond for possession, which request
was promptly complied with, and the road,
and all its franchises and belongings passed
under the control of the trustees, who will
operate it for the benefit of the mortgage
creditors. Mr.. Peirce will practically have
made in the roster of executive officers or
agents, and circular stating that fact
will be sent out by the trustees to-day.
Personal and General Notes.
The c.. III. g. d. is to construct a new and
handsome depot building at Lima.
Cliff Kennedy, travelling passenger agent
of the Milwaukee, Lake Shore 81 Western,
was in the city yesterday
President Ingalls, has appointed Edwin
A. Hill real estate agent of the Cairo, Vim
chimes 81 Chicago, with office at Cincinnati.
Charles Nelson, general superintendent
of the e. H.. q d., who has been quite i'll
at Cincinnati for some time, Is somewhat
better.
the Detroit IL Cleveland Navigation Com
pany, is in the city looking up business for
his line.
The net earnings of the 3. g. o. for
June show an increase of 81, 042; the net
earnings for nine months show a falling off
of So, 351.
Locomotive III was the first of the Big
Four equipment to make it's appearance on
the tracks, yesterday. relettered &C.. c., G.
a. st. L."
The Pullman Palace-car Company has
declared the usual per cent. quarterly
dividend, payable Aug. 10. The books will
close Aug. 1 and reopen on the 10th.
The meeting of the Ohio-river committee,
called at Cincinnati, on Tuesday, to fix
grain rates, failed for want of quorum.
or and oyIIIn nnf hai
sented.
ID. j. Culver, excursion agent of the Bee
line, passed through the city late Tuesday
night with two carloads of people from
Cleveland and other points east, for the Pa
ciic coast.
The local ticket agents of the CONSOLE
dated Big Four, in addition to those named
yesterday, are as follows: ID. j. Collver
cleveland; J: +. Rolf, Cincinnati; Charles
S. Burton, Chicago; s. f. Gildersleeve. st.
Louis.
The laws of New York require the post
Ing of a fiagman at every grade crossing.
AS q consequence the d., l.. & W., for in
stance. has iagman with safety gates at
every crossing from Buffalo to HOboken,
even In the hill country, where some of the
roads crossed do not see q team once a week.
The engineer of the switch engine of the
C., III. IL ID. which was in collision with a
buggy at the Market-street crossing on
Tuesday evening, has a number of wit
nesses to show that he was not running at
reckless speed, and that he was in no way
responsible for the collision. The fact that
his engine was moving very slowly is shown
by the fact that it was brought to dead
stop within distance of twenty-five feet.
Chicago paper is authority for the
statement that an effort will be made by
the Trunk-line Association to secure the
services OF Judge Cooley, chairman of the
1nterstate-commerce Commission, in place
of Commissioner Albert Fink, whose resig-
patton has been accepted. Judge Cooley,
however, is on record as having expressed
the opinion that man holding position
on the lnterstate-commerce Commission
could not, with prOpriety, accept any posi-
tion offered by the railroads.
The earnings of the Pennsylvania rail-
road (all lines east of Pittsburg and Erie)
for June. 1889. as compared with June,
1888. show the gross earnings to have de-
creased 81, 149, 3S2; expenses decreased, 1914,
40; net earnings decreased. $50, 662. The
first six months of 1889, as compared with
the same period of 1885, show a decrease of
$50 293 In net earnings. All lines west of
Pittsburg and Erie for the six months show
deficiency of S437, 694 in meeting all liza
bilities, being q decrease of S144,6 COS, as
compared with the same period last year.
The Chicago. Peoria & st. Louis Railway
Company has filed in the office of the Sec
rotary of State of Illinois a resolution
authorizing the issuance of a mortgage in
favor of the Central Trust Company of
New York to secure the Issue of tifty-year
tive-per-cent. bonds to the amount of ST.
$4,000 The money obtained on the bonds
Is 10 be used in paying, funding or ex-
changing and retiring the outstanding
bonds OF the road before its consolidation
with the Peoria, Springfield Il st. Louis,
and for purchasing additional equipment
rs well as constructing or acquiring adj
ditional railway.
In the fight between the Kentucky and
Indiana and the Louisville Pennsylvania
Bridge Company: at Louisville. the Louis
T Tiiie Board of Trade is Taking part.
RTid ra haa
refused to receive freight offered it by the
Louisville, New Albany d Chicago road
when recently changed from crossing by
tne Louisville 10 the h. & |. bridge. The
Board of Trade is investigating to see if the
Louisville bridge cannot be forced to re-
ceive freight, giving roads coming over the
n. az l. bridge the privilege of paying and
using the Louisville Bridge Company's
terminal facilities.
Some time ago, it will be remembered.
the p, 9. * st. l.: filed with the Interstate
commerce Commission a complaint against
the b. ~ " on account of its club rate of 2
cents a mile for parties of forty or more
charging that it was illegal, being a dis
elimination within the meaning of the
statute The b. II o. was given twenty
DAYS from July Is TO file its answer and the
attorneys of that road are now busy pre-
pairing it. They will hold that under the
law the complaint of one road against
another can have no standing before the
commission. Should the commission decide
against them on this point they will argue
that the club rate is not a discriminating
one. as any body can take advantage of it
on the same terms. The disastrous effects
of full fare upon theatrical and other trav-
cling companies will be dwelt upon.
Mention was made day or two since in
the Journal of the fact that the New York
central had secured the right to operate
over the line mot yet cOnstructed) of the
Toronto, Hamilton ~ Buffalo road, thus Sc
curing direct communication between Chi
cago ana Toronto. and gaining n decided
advantage over the Delaware Lackawanna
O. Western. which was aiming at the same
result The right of way has been purchased
from the Fails to Toronto, and the route
definitely located The company engaged
In Its construction consists of seven Chica-
go capitalists and A. T.. Pew Ii was or
gained last April by ex-Gov. Isaac L. Gray
in connection with T. &. Helm and Messrs