The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-03-28
NEW IwNTERURBAN PLANS
INDIANAPOLIS AND sHELBYVILLE To
BE Connected.
Tracks of Established Line to BE Used
Part of the D~istance-The
Other Company.

The indianapolis. Greenwood & Shelby
Vile Electric Railway Company filed arti-
cles of Incorporation with the secretary of
state yesterday, giving the capital stock at
10000. 2 per cent. having been subscribed.
The incorpOratOrs are r. l. Palmer. ].
II. Burnett. Of Cleveland. o., James T.
Polk and Eugene A. Robinson. Of Green
wood. and G. L. Coffin. Of Indianapolis. The
directors are Eugene A. Robinson. James T.
Polk. Charles Z. Coffin. Burton B. Bales
and Charles +. Coffin.
The company intends TO operate an cleo
trio interurban line between indianapolis
and Shelbyville by way of Greenwood, pass
ing through Center and Perry townships
IN Marion county, Pleasant and Clark I'm
johnson and Sugar Creek. Brandywine and
Addison in Shelby county. The company
will beglc work July and under a traffic
agreement with the indianapolis, Green
wood & rankin road will use the tracks
of that line from Indianapolis 10 Green
wood.
The control and management Of the new
road will be in the hands of local men. al
though ii was partly financed in Cleveland.
The company has already asked for a fran
chise at S~helbyville and the City Council
may grant 1t at the mex meeting. The land
between Greenwood and Shelbyville is
thickly populated with prosperous farmers.
The company will do a general freight
business in addition to its passenger and
express business. 1t is understood that Mr..
Coffin. president of the Central Trust Com
pany, will be made treasurer of the com
pany. The financing OF the road was done
largely by his company
The surveys for the line were made sew
eral months ago and In order 10 have the
road in operation this summer power may
be secured from the Greenwood company.
The Greenwood line will probably be
double-tracked from indianapolis 10 Green
wood end the indianapolis tracks may be
double-tracked 10 the southern limit of the
city. The company intends 10 build a large
pleasure resort in the western part of
Shelby county.
STILL ANOTHER LINE.
Late in the afternoon articles OF incor-
poration for another interurban line were
fled. The company will be known as the
Indianapolis. New Castle & Winchester
Rapid Transit Company and the directors
are George Dundhee and William Wright.
OF Pittsburg; Henry Colgrove. Duquesne.
Pa Chauncey Williams. Erie. Pa. and r.
W. Langsdale, indianapolis. The company
Incorporated with $1,000 capital. this
amount TO be used in making the survey
and buying rights of way. The line will
have a mileage of about siXty-two miles.
One OF the men interested in the company
said last evening that the survey will be
made as soon as possible and when the
engineers can make their estimate OF the
cost of building the line the capitalization
will probably be increased 10 about $780,
eco The road Will pierce a thickly settled
part OF the State and those interested in the
company believe there will be no trouble
In floating the bonds when the time comes.
The HOosier Gas Machine Company OF
indianapolis Incorporated with $4,000 capt.
tai 10 build gas engines. The directors are
Edward X. Earring. Henry Burton and Eli
d. Earring.
The Goldman Ice Cream Company of War
saw Incorporated with S3.000 capital The
directors are Wallace j. Bash. Jay V. Cod
man. James V. II. Goldman and Albert Abb
bott-
The officers OF the Bank Of Berne. of
Berne, Adams county. notified the secretary
OF state OF an increase I'm its capital stock
from $4,000 10 $1,000. The additional s12-
900 will be made preferred stock and sold
10 the stockholders at 80 per cent. premium
the premium 10 be used in the surplus fund
OF the bank.
The Eiwood supply Company has in
creased its capital stock from $4,000 10
$1,000.