The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-04-28
TRACTION LINES MERGED
CONSOLIDATION OF NORTHERN IN
DIANA ELECTRIC INTERESTS.
George +. McCuIIOch's Growing Sys-
tenn Now Certain to Have
Branch to KendaIIviIIe.
Special to the Indianapolis Journal.

Special to the Indianapolis Journal.
LOGANSPORT. Ind, April 27.-Joseph T.
McNary, president of the Logansport,
Rochester & Northern Traction Company,
and Walter A. Osmer and Seth NJ. Velsey,
directors Of the company, have returned
from Fort Wayne, where. at meeting of
the directors of the Logansport, Rochester
q Northern and representatives of the
Indiana Northern Traction companies, held
at the Wayne Hotel Saturday night, the
interests of the two companies were
merged, the directors of the Logansport.
Rochester & Northern line transferring
stock in their company in exchange for
stock in the Indiana Northern Traction
Company, recently organized at Indian
apolis with a capitalization of sS,5OO.oOO
Among those in attendance at the meeting
in addition to the above were John L.
Boyer and George w. Holman of Roches-
ter, representing the LOganspOrt Roches-
ter * Northern line, and George +. McCul-
lOch and G. W. Mcclure. Of Muncie repre-
senting the Indiana Northern Traction
Company.
The merging of the Logansport, Rochester
* Northern Traction interests with those
of the Indiana Northern Traction Company
ton of the line to Kendalville, which the
directors of that line have tried TO finance
years. success.
The Logansport parties interested in the
merger state that according TO the terms
agreed upon all of the present stockholders
line Will continue as ,Sreh and will be as
ISOLATED with the enterprise as heretofore.
one OF the reasons assigned by them for
the merging Of their interests with the
McCulloch interests is that they desired
to protect themselves from the Wabash
River Traction Company, otherwise known
as the Boyd syndicate, which they claim is
trying to shut out all other interurbans
from this city. The latter, however, claim
that they are willing that other interur-
bans enter the city and that they are pre-
pared TO make liberal traffic arrangements
to allow them the use of their tracks.
What effect the merger will have locally
is difficult to determine, owing to the Op-
position of property owners on High street,
which is one of the thOrOughfares included
in the franchise of the LOgansport, Roches-
ter & Northern Traction Company. A tenn
pOrary restraining order is now in effect
in the Cass Circuit Court prohibiting the
company from occupying the street from
Sixth to Twenty-ffth street, and even if
this is dissolved it IS claimed by citizens
who are opposed to any interurban line
paralleling the local street-railway system
that they will fight the building of a line
on High street. Many citizens are cham
pioning the cause of the Wabash River
Traction Company, which is now in con-
troll of the local system, in its plea for pro-
lection. Mayor Mckee, who has been the
principal figure in the Common Council in
its fight against George j. Marott In which
the latter was forced from the field, and
who now vigorously champions the cause
of The Wabash River Traction Company.
stated this morning that il an atten II is
made TO occupy High street he will proceed
individually in the courts to prevent it.
The hearing on the temporary injunction
against the LOganspOrt, Rochester q
Northern Traction Company and the In
diana Northern Traction Company is set
for tomorrow, Monday April rs, when the
defendants are cited to appear and show
cause why the restraining order shall not
be made a permanent one.