Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1892-07-16
RLEcTRuCITY THIS FALL.

The State Street Road Will This |
Fall Finish the Double Tracking
and Build a Power House-The
Poles and Trolley Wires Will be |
Put Up Soon-When Formulation is l
Gained from the Legislature the |
Road VIII be Ready to Run Elec.
trio Cars-One Hundred Thousand
Dollars to be Expended in the
Change.
Mr.. Schuch of Boston, who represented
the capitalists in the recent transfer of
the State street road, as announced in the
COURIER few days ago, says regarding
the improvements proposed on the road:
"We propose this fall to finish the
double tracking of the road. There is
now a piece Of single track from near
Forsyth's dye works to Neck bridge and
another small piece of track on the upper
end of the road.
"We shall build a large power house in
the fall and put up trolley wires, complet-
ing the electrical apparatus as far
as possible without actually run
ming cars. As soon as the leg
islature meets we shall make an
application for permission to introduce
electricity. We expect to expend 800, 1000
on the Improvements. The work will be
pushed, 80 that as soon as we can get the
necessary bill through the legislature we
can put the electric system at once into
operation. The road has charter for a
branch road around from the terminus at
East Rock into Fair Haven. Whether this
addition shall be built yet or not has not
at this time been fully discussed. How
ever, it is likely that this will be carried
out as soon as circumstances demand.
"Our company owns several other roads
in New England and the west. It is great
| favor to us to have the present officers re-
main in control of the road for some
months at least.
"The location of the power house has not
| yet been decided. There is great deal of
land belonging to the road in the vicinity
of the horse car barns. This may be
needed, and probably will be, for the stor-
| ing of cars. Still it is not improbable that
| the power building will be located there.
1t will be built large enough for any other
branches that may be constructed later. "
| President Blatchley, who owned the ma
jority Of the stock, has sold practically all
| of it. G. A. Warren, who was lately pres
ident of the road, and is at present vice
president, sold out large part of his
| stOCh W MI. D1aGcu1oy souo Llu1o deso. Lie
amount remaining was nearly all sold to
the syndicate. William J. Atwater held
forty-eight shares, but has sold out nearly
all of them. But very little of the stock
of the road is represented in the board Of
directors. It is necessary for an officer OF
the road to own part of the stock, and
that the present officers might continue tc
direct the road for some time yet, some Of
the stock has been retained by them.
The vast amount of improvements IN
contemplation will probably preclude the
possibility of a dividend being declared il
some time. The value of the stock, how.
ever, is expected to be greatly enhanced
by the improvements. The property
along the road has been greatly benefited
by it. The new Improvements will pro
| portionately increase the value of the land
The road has been paying one in the las
few years and it is expected will pay ,
good profit upon the price paid for it b.
the syndicate in the near future. Mr.
Mr.. Schuch has paid frequent visits to thi
city of late.