Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-04-20
The Dallas Rapid Transit Line
Assured.
THE DEAL AT LAST COMPLETED
The work win he Pushed with All Posi-
bio Dispatch From This Time
Forward-what is said
About It.

The idea OF a rapid transit line between
Fort Worth and Dallas was drst spoken Of
during the spring OF 1891, and during that
summer the enterprise was gotten well un.
der way II was all but settled that work
would begin that fail. but the failure Of
the Barring Bros. and the consequent de.
preston that ensued all over the country
proved too much for the promoters OF the
enterprise, and It fell into state Of limo.
cuous desuctude for the time being. In fact
t was thought to have been abandoned
by the majority OF people
But those who 10 Thought reckoucd with
out their host The promoters OK the en-.
terprlse were not meu who were built that
way. They kept pegHug away quietly aad
cnectually. aud the deal by which New
York and Philadelphia capitalists became
Interested In the enterprise has just been
contaminated
SIR n. %. Perkins 81 New York who has
ueth WMAiug ou rapid transit road be-
tween Fort Worth and Dallas for some
time, has returned 10 this city, aud says
Alr. n. l.. Musglis through Messrs ~. b.
lOuchhclm q Co. bankers Philadelphia,
has sold 10 New York and Philadelphia
parties The two roads running between Dal.
lns ana OAK GIN; known az the Dallas and
hereafter VIII be known ns the Dallas aud
Fort Worth Rapid Transit company. The
road VIII De extended to Fort Worth and
probably operated by electricity connecting
the cltes ~ Dallas and Fort Worth, siini.
larry 10 Minneapolis and ST. Paul. Mr.,
spencer NJ. Janney Of Philadelphia. prVsi-
dent ot the Huntington and Broad Top rail.
road or pennsylvania, uud closely associated
with some 81 the leading financial iustiu-
new company.
Mr. Perkins also Informed n Gazette re-.
az
IN THIS city was not yet determined upon,
aud but lltuc uitcntlpg would be paid TO
this matter at present. rs The chief end
aud aim Of the company at present IS 10
secure the rirhtofway Surveying parties
have been I'm the field FOR some time aud II
81 their movements that gave rise 10 The
report that the kcck Island was surveying
Tho line will run on tho south side Of
The Trinity river and north Of the Texas
and facihc track, as Tar az Eagle Ford,
ana run south ~ that road tO a connection
with the Dallas ana oak Clin BELT. whl DO
now comprises about thirteen mllcH " truck.
IL was THIS dCu which was ppulinE Unit
gave rise ,o the report the Rock Island Dad
purchased the property In order 10 secure
uu entrance into Dallas
Negotiations Tor Tie rghtot-way VIII be
begun ut oucc And as fast ~ the dc'd1
re- secured the slope stakes viii be scI
construction company VIII Doc formed us
soon as this matter e. disposed ". aud
the work ~ construction Will be pushed
rapidly. There Is little doubt the Fort
Worth aud Dallas Rapid Transit railway
viii Dc 10 operation before the snow rails
again Mr. Perkins wac feeling very much
ciuted over the final HurccHs N au enter.
prise 10 which he has given much time aud
labor. aud TO the hnnl success OF which he
has bent every energy, though many We're
utterly dlHhcartcnod and discouraged
There ~ little doubt the line viii prove
paying Investment ana ~ electricity has
been demonstrated 20 be the most eco
noinlcni and effective motive power Tor
rapid transit vet tested, VIII doubtless earn
n reasonable dividend above tho hHcd
charges.