The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-01-07
RECEIVER KIRBY'S PLANS.
Houston to Have the Best Equipped
Street Railways in the South.
COST OF IMPROVEMENTS 100000.
several Of the Belt Lines VIII Re Ex-
tended and New Summer Cars Will
BE Purchased.

The plans for the wor9. Of improvements
for the year 1876 in the system and equip
ulent Of the Houston City Stree, Railway
company have been making and the re-
oeiver Is now enabled 10 outline his in.
tent!oEs. There have been numerous con-
ferences lately between Receiver Kirby
and General Manager Hayward In regar 4
10 this work Tho general manager since
re arrived In Houston has made q personal
INSPECTION OF the entire road and rado
extensive notes OF his ideas OF IMPROVE
Fnents necessary. The information thus
acquired. went up to the receiver In a
lengthy report ana IL has been decided
thar work shall commence as soon as the
winter weather has passed. but not later
than March !.
II is expected that the entire system
viii be lad with s5-pound steel rails. the
material now IN use being twenty-five and
forty-iive pounds. The thorough system
Of Dallas. inaugurated by the receiver will
be continued so as to embrace the entire
road. With these changes the roa6bed
viii be in the best possible condition, az
fording comfort to the patrons and a
saving to the company IN wear and tear
of rolling stock. In addition 10 the cars
row in use, It Is expected that twenty
upholstered seats and latest equipped
trucks and gear will be purchased. Tire
estimated cost of these inproveme IS has
been placed at 800 go. this sum including
the expenditures for the coming year FOR
hetterments. II is believed that when the
work y completed that Houston viii have
the best system and the best equipped
roads In tire South. In addition TO plans
outlined above. It Is desired 20 extend sew
- ~ -.rt ill.,, II, lie u,
the Third and Fifth wards, so as to give
better accommodation to suburban rest
dents.
when asked II ne intended TO apply TO
the court for an order allowing him TO
issue receivers certificates TO pay these
expenses. Receiver Kirby replied in the
negative. He says that he expects TO &C.
compl.sh the results outlined without
resort 20 certificates, but by an assess
ment uron the bondholders. He believes
the system Of recelvership certificates is
detrimental TO the interests OF the small
holders In corporations. the result being
that those of small financial interest In
the property are generally frozen out
while the larger purses succeed In get
ting everything. His idea Is TO protect
everyone alike. Many OF the holders q
the bonds of the Houston City Street Rail-
way company are poor, many of them
being women. who have invested their
all in the bonds Of the company. believing
them to he OF value and the present en-
barrsssment Of the company has brought
distress upon a great many In the last,
whose living almost has been absorbed.
Receiver Kirby also expects that he
has provided against the expensive Tx
ury OF litigation In the adjustment OF
claims against the company by the ap-
pointIncnt Of Mr. Adair to devote his time
TO that work. One of the causes Of the
embarrassment OF the company has been
the many suits which have s1pped the
lie Of the company. He hopes 20 avoid
a settlement In the courts Of these con-
tentions and thus save money.