The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-05-08
new BUSINESS CONCERNS
A RAILROAD FROM INDIANAPOLIS
To SWIFT CITY.
-Distillery for Vincennes-Other
Companies.

A company has been organized to build a
railroad from Indianapolis 10 Switz City. a
distance OF 100 miles. II is made up, with
one exception. of South Bend men. practi-
cally all OF the stock being held in that
city. Articles of Incorporation, filed yes
terday with the secretary of state. places
the capitalization Of the new railroad COM
pany at 100000, consisting of 5000 shares
at 800 a share. The name Of the company
is the indianapolis, Bloomington & Bedford
Stone Railway Company. 1t is stated that
the business OF the road will consist. for
the most part, in giving the stone-pro-
dUcing territory OF the State easy access
TO a market. Bedford and Bloomington,
two of the leading stone cities of the State.
will be on the line, as we'll as Martinsville.
The route will be from Indianapolis
through Marion county TO Morgan county,
thence to Martinsville, thence through
Monroe county to Bloomington, thence
through Greene county to Switz City. The
directors of the company are James oliver.
Joseph D. Oliver. Ferdinand c. Raft,
Frank C. Nippold. all of South Bend. and
Michae ]. Edgeworth, of Kankakee, Ill.
James and Joseph ID. Oliver hold 5000
shares of the stock and Ferdinand Raft 100
shares. Edgeworth has 100 shares. The
other shares are distributed in small hold
ings among ten or a dozen South Bend
people.
Another big industry Incorporated yester-
day was the Vincennes Distilllng Company,
of Vincennes. IL is incorporated for $3.50
600. The company purposes TO build a dis
ullery, stockyards, grain elevators and
corn shelters In Vincennes and to engage in
the general business of MANUFACTURER and
distilllng high wines. alcohol, spirits. gin,
whisky and liquors of all kinds. 1t pur-
Noses QlGn 70 Grnnf a nnnQrn 90 n1nnf a
the manufacture of barrels and casks. The
directors of the company are Zachariah
Tinker. Arthur j. Fftzsimmons and John c..
Parker.
A New Albany savings association took
out papers yesterday. The Union Savings
Association. of that city. places its capital
stock at S25O,0O0. The object of its organi-
zaticn, ii is stated, is to provide for the in
vestment of the savings of its members
and to assist them in securing homes. The
directors are Peter Klerner, w. r. Atkins
e Fury. Fred Kahler. Owen Tegart, jr:.
h. j. Hewitt. Earl s. Gwin, Charles Z.
Dash and Everitt Ainley.
The Atlas engine works, of Indianapolis,
notified the secretary of state, yesterday,
of the redemption, retirement and cancella-
ton of preferred stock of the company to
the amount of $3.50, 900, which stock was
authorized TO be issued July 10, 1895. The
names of the directorS-H. II. Hanna, ii.
II. Hanna. jr, Robert NJ. Coffin. Matthew
Moore and Eugene K. Marquis-were
SlSHtu 10 the CeTIlllCdle OF redemption.
The Cook Grocery Company, OF Evans
Vile. has been Incorporated at a c~apitali-
ZatiOn of $4,000. The company will engage
in a general wholesale and retail grocery
business in Evansville. The directors are
William l.. Hardigg, Annie b. Hardigg,
Harry n. Cook and Marie l.. Cook.
The Muncie Mining and Investment Com
pany took out Incorporation papers yester-
day. The company will engage in the
usual mining business, whether in Indiana
or outside il is not stated. The capital
stock is $4,000. The directors are William
y. ~SDurgeon. Calvin 5. Wachtell and j.
Edgar Windsor.