Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-08-31
STREET CAR BOOM.

A Company Organized to Operate the
Carey Lines.
The Sacramento Railway and Improve
ment Company yesterday filed its articles
of incorporation in the County Clerk s
Office. The company is formed for the
purpose of controlling and operating the
various street railway lines heretofore
owned by R. S. Carey; also "to operate
deal in, buy and sell, hypothecate and
mortgage real estate and securities, bonds,
bills and instruments and evidences of in
debtedness; to borrow and loan money to
construct and maintain an electrical plant
and machinery and apparatus, power and
works, and to furnish and supply, sell and
dispose of electric and electrical power,
heat and light"
The estimated length of the several lines
of railroad is ten miles. The Directors are !:
r. S. Carey, Sacramento; Philip Open
helm, San Francisco; John T. Carey. San
Francisco; ]. NJ. Thompson, San Fran
cisco; Eugene A Crouch, Sacramento
The capital stock is $500 900, divided into
5000 shares of the par value of 500 each.
The amount of capital stock subscribed
is $500 600, as follows R. S. Carey, 1896
shares, $499, 900; Philip Oppenheim, one
share, 500; John T. Carey, one share,
500; ]. NJ. Thompson, one share, 500;
Eugene A. Crouch, one share, 500. At
least ten per cent. of the capital stock SUBJ
scribed mas been paid to the Treasurer,
John T. Carey.
Ii had been known for some weeks past
that some change was in process of incuba-
ton in regard to the Carey street car lines,
but nobody outside of those directly inter-
ested seemed to know just what was going
on. One story was that J. H. Henry, OF
San Jose-who is asking permission to
operate the Central (or J-street) railway by
electricity-was about to purchase both
that and the Carey lines.
1t is quite likely that the new company
will inaugurate some improvements in its
system. The management of the road fol-
some years past has fallen wholly upon R
S. Carey, who has been President, Board
of Directors and Superintendent of the
entire business, and it has been a severe
tax upon his health. The prospect now is
that all portions of the city will have the
benefit of excellent street-car systems.
The various franchises owned by Mr.
| Carey-and which are to be operated by
| the new company-are much more exten.
sive than has been generally supposed
| Tenth and 0-street lines, and Highland
Park road, but take in a number of other
| streets, on some of which tracks must be
| constructed within year.
The various lines, as described in the ar
ticles of Incorporation, are; Beginning Al
| the railroad depot at the north end of Sec
| ond street; run thence along Second street
| to the center of X street; thence along K
| street to the center of Twenty eighth street
also, beginning at the corner of X anC
Third streets, and running thence alonl
Third street TO @ street; also, beginning a
| the corner of X and Seventh streets anC
running thence along Seventh street to
street; also, running north from said cor
ner OF Seventh and K streets along Seventh
| street to II street, in the center of said
street, and thence along said II street to thu
eastern boundary of the said city on Thirty
first street, and thence along Tbirtyfir t.
| F street; also. beginning at the corner of I
| and Tenth street. and running north aloni
| the said Tenth street to + street to a poin
in the center of said street midway between
Nineteenth and Twentieth streets; also
| beginning at the said corner of X anC
Tenth streets, and running thence soutl
| along Tenth street to the center of o stree
to Twenty. eighth street; also, beginning a
! the corner of X and Fifteenth streets anC
running thence north along the west sid'
of Fifteenth street TO H; also, beginning a
the center of the intersection of o anC
| Nineteenth streets, and running thence alonl
| Nineteenth street to Y; also, beginning q
the corner of o and Twenty fourth streets
| and running thence along Twenty fourth
street to the southern boundary of said cit!
on street.