Richmond daily palladium. [volume] (Richmond, Ind.) 1876-1904, 1900-03-29
THE c. |. & {.
RAILROAD FROM CON.
VERSE TO MUNCIE


Mr. George y. Catterson of the
Chicago. Indiana s. Eastern railroad
COMPANY is in the city looking after
his company's prospects for running
into this city from Muncie. The road
is now built from Converse, Ind,
to Matthews, a distance of twenty
aioht miles. and will be built on to
Muncie. fifteen miles further. 1t is
the intention of the road to continue
on to Richmond if the proper encour-
apement be had. The new road is
having nicely and in a prosperous
condition, and the original plan, as
shown in a map on the letter-heads
| the company has been using for two
or three wears, is to come to this
CITY. The company is headed by
| Chicago capitalists. Mr.. C%atterson
| made the following statement to the
press:
when the Chicago, Indiana &
| Eastern railroad was originally pro-
iected the idea was to build from
| Converse to Richmond. a distance OF
| about eighty miles. This much of
| the route was definitely settled, pro-
| vided of course the proper encour-
| aoement was received along the line.
1--WE have now constructed and in
operation twenty-eight miles from
| Converse to Matthews There are
four trains and two freight
trains daily
"All the steel necessary to build to
Muncie has been bought and one-half
of it is now delivered at Matthews.
The other half is at the mill subject
to the order of the c., L. Il L. The
CITY of Muncie agreed last fall to vote
us a subsidy of 800, 900 whenever we
were ready, and negotiations are
now pending to that effect. When
this is done work will be mined
ately begun on the fifteen miles be-
tween Matthews and Muncie-
The principal stakeholder in the
c., l. & E. is Mr.. Clearance A. Knight
of 100 Washington street, Chicago.
Ill. His law partner, Mr. Pau
Brown, is president of the road: Dir.
Knight himself is amply able to
build the remainder of the road from
Matthews to Richmond if he receives
reasonable aid from the townships
along the line. l have charge of the
Matthews Land company, but have
no official connection with the rail
road. All of the people of the c., l.
& E. are interested in the land COM
pany and in a measure the interests
of the two corporations are mutual.
Mr.. Brown, the president, is now at
Hot Springs. and Mr.. Knight can
not very well leave during his alb
sence, so | was asked to look after
| Richmond matters until M or both
| of them could take the matter up
| personally.
The PALLADIUM reporter stated to
| MIR. Catterson that it was the gen
| eral understanding that the new pro-
| posed line from Muncie through this
city was to connect with his line for
Chicago and other northern points,
| and that an arrangement of that sort
| either had been or would be made,
and asked Mr.. Catterson if such ar
rangement had been made between
the two companies:
Mr.. C~atterson said:
.sYou can say most positively, not
only that no such arrange
ments have been made, but that
| none will be made. We intend to
build and W our road through this
territory, provided we a get the
necessary encouragement. We do
| not know the men connected with
| the plan for the road to run through
here from the G. Fl. s. D., and
no collision has been or will be
made with them.
Mr.. Catterson has frequently Wis
tied this city in the interest of this
company. He is now president OF
| the Matthews land company and at
torney for the G. l. & E.