New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-04-13
BUYING TROLLEY ROADS.
SYNDICATE'S PLANS FOR A LINE BE
TWEEN NETWORK AND BOSTON.

New-Haven. Conn. April II (speciaD.-with
the purchase of the controlling interest In
the Winchester Avenue road, of this city
the a. Nj. Young syndicate. backed by
the United Gas Improvement Company or
New-York and Philadelphia. has secured
trolley rights through half the shore route
Of Connecticut, and has acquired ninety
two miles of street railway in the State. thus
completing the first steps toward ownership OF
a through trolley line from New-York to Bos-
ton The deal taking over the property of the
Winchester Avenue concluded this week in
Boston. the controlling interest in the road,
owned by the New-England Street Railroad
Company. having been disposed of to Israel A.
Kelsey Of this city. The vote on the sale Of
the road Mr.. Kelsey will up before
meeting of the stockholders of the New-Eng-
land Street Railroad Company in Jersey City
April %.
The plans Of the big corporation that is COM
ing into this State and that is after most of the
important through lines embrace scheme
whereby most of the gas and electric light
plants viii go into the combine we'll as the
trolley companies. Connecticut people were as
tonished enough when it announced last
spring that company known the Connect
cut Lighting and Power Company had been in
corporated, and a charter obtained that en-
braced the purchase of nearly all of the prin-
cpal trolley roads gas and electric plants of the
State. Since then the original plans Of the COM
pany have been greatly enlarged. and outside
capital has been enlisted, that of the most
gigantic schemes this State has yet seen is on
the way 10 completion.
COMPANIES IN THE SCHEME.
The original company. known the Con-
necticut Lighting and Power Company, had Sc
cured the control the total stock of the
Waterbury Traction Company the Torrington
and Winsted Company, the Norwalk Tramway
Company. the Norwak Electric Light Company,
the South Norwalk and Greenwich Gas and
Electric Company, the Central Railway and
Electric Company. OF New Britain and the
Housatonic Power Company. These with the
addition of the Bridgeport Traction Company.
the westport and Saugatuck, the Milford Street,
the Bridgeport and Shelton and the Winchester
Avenue road complete the circuit already
bought. An option has been secured, it is said,
on the stock of the Derby Street Railroad Com
pany, and this will be added TO the trust. APP
plication will be made to the Legislature for
permission to extend the Derby line to Seymour,
four miles north, and the Waterbury Traction,
ten miles south to the same point as well as
north. 10 meet the Torrington and Winsted, thus
giving the syndicate a continuous route from
Stamford to Bridgeport and New-Haven. and
north from Bridgeport to Winsted. total rail-
road distance of 121 miles The Bridgeport
and New-Haven trolley roads purchased
by the New-York syndicate, the remaining
properties having been purchased by the orig
lnal Connecticut Lighting and Power Company.
An option has been secured the stock of the
latter company, and announcement that it's
stock and its original $500 900 bonds will shortly
be called in is expected at any time
OTHER PROPERTIES TAKEN
1t is the purpose of the A. NJ. Young syndicate
not only to secure the street railways along his
proposed route. but secure the gas and cleo
trio light properties also. AT South Norwalk and
been secured; Norwalk the electric light
company has been acquired; the gas and
electric companies of Waterbury and New
Britain have been bought out and proposals
made for the option the stock of the newly
this city, which controls the electric companies
OF both Bridgeport and New-Haven. For econ
Or1y, the original idea of the Connecticut Light
ing and Power Company was to utilize the Hou-
satOnic Power Company franchise, and build
dam at New Milford the Housatonic River.
and from that place distribute sufficient cleo
tricity to supply trolleys and electric light
panies throughout the middle and eastern parts
of the State. On account of the great distance.
however this plan has been abandoned in favor
of whereby electric plants scattered along
the route will supply both power and light. IT
is understood that the scheme embraces the
of the Norwalk Electric Company for power
and light purposes in that vicinity and if the
United Illuminating Company be secured
g similar plan viii be put into operation at
Bridgeport and this city.