The Iola register., 1902-05-23
THAT NEW STREET RAILWAY
What Chanute Thinks of the Proposed
Inter-U Urban Electric Car
Service.

Speaking of the proposed new inter-
urban street railway between lola,
Humboldt and Chanute, the Chanute
Tribune says:
'"The electric railway which Chanute
citizens have been building air cas-
ties about the past year is now an as
sured fact. A special from Topeka
states that q charter was issued yes
terday to the Chanute and lola Inter-
Urban Electric Railway Co., capital
$500, 900. AS is stated in the charter,
which is given below, the company is
planning to put in local systems at
Chanute, lola and Humboldt, in addi-
tion to the main line. A Tribune rep
resentative interviewed a number of
the local stockholders and directors
this afternoon, and was informed by
them that the line would be put in as
soon as possible, so begin saving your
nickles. The list of directors, as will
be seen below, contains many Cha
mute names.
"The charter is mighty interesting
reading and is as follows; The under
signed citizens of the State Of Kansas
do hereby voluntarily associate our
selves together for the purpose of
forming private corporation under
the laws of the State of Kansas, and
do hereby certify:
4lo ct
poration shall be The Chanute and
lola Inter- Urban Electric Railroad
Co.
"Second-Thatthe purposes for which
this corporation is formed are to con-
struct, maintain and operate an cleo
trio railroad system in the city OF
Chanute, Neosho county, Kansas; and
TO construct, maintain and oper ate an
inter-urban electric railroad, about 1S
miles in length, from the city of Cha
mute, by way Of. the city OF Humboldt,
10 the city of lola, in Allen county,
Kansas, termin ating at point at or
near the public square in said city of
lola; also to construct, maintain and
operate an electric street railway sys-
tenn In each OF the said cities OF Hum
boldt and lola, all to form one entire
electric railway system, with the nec-
essary sidings, turnouts, spurs and
stations for the transportation of per-
sons, goods, wares and merchandise.
"Third-That the place where its bus
iness is to be transacted is at Cha
mute, Eeosno county, Kansas.
''Fourth-That the term for which
this corporation is to exist is twenty
years.
"Fifth-That the number OF direc-
tors shall be seven and those appointed
for the first lyear are: Clinton d.
Martin, Chanute; L. Rosenthal, Cha
mute; L. l.. Northrup, lola; c. L. Ben
on, Ft. Scott: j. II. Light, Chanute;
NJ. Il. Jones, Chanute; j. B. F. Gates,
Chan ute.
"Sixth-That the capital stock of
this corporation shall be $500, 600, and
shall be divided into 10000 shares of
$40 each.
"Seventh-That the stockholders in
addition to the directors are as fol-
lows: G.. N. Lindsay, Chanute; John
C. Carpenter, Chanute; Chas. E. Mar
tin, Lincoln, Ill; Arthur M. Landauer
Lincoln, Ill; Frank Hoblitt, Lincoln,
Ill; j. A. Robinson, lola; Fred P.
Horton, lola; c.. III. Pratt, Humboldt.
Each of the stockholders holds 1000
shares.
'The charter was sworn TO by L..
Rosenthal, M. T. Jones, G. N. Lind
say, Chester d. Martin, j. b. f. Gates
and j. H. Light, May 10, 1902, before
Miss Helen Beatty, notary public.
"Under date OF May 10, 1902, Geo.
A. Clark affixed the seal of the state
OF Kans as, certifying that the above
is a correct copy of the original char
ter, filed in his Office for record the
same date, and F. e. Grimes, state
treasurer, acknowledges the receipt OF
a 5000 charter fee same date"