The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-01-20

complete and distribute. the annual report
to the stockholders prior to the regular
annual meeting.
The Court of Appeals IN New York has
decided that it is as gross violation OF
the State Constitution OF New YORK Tor
a member of the Legislature TO accept and
use Pullman parlor car pass as II would
be 10 accept an ordinary railroad pass.
Since the new Constitution went into ef-
feet many of the legislators have felt that
they could use Pullman pass even II their
conscience baked at the use OF railroad
passes
Under an order of Judge Seaman, the
Chicago & Eastern Illinois now has
right TO run four of its trains into the
La Salle-street station. This will give the
st. Louis * San Francisco Company the
opportunity IL seeks 70 organize a service
between Chicago and ST Louis In connec-
ton with the Chicago * Eastern Illinois
The expense of the Polk-street terminal
is divided among five roads upon a wheel
age basis, and this causes the Eastern IL
linOis to pay more than other lines.
The, directors of the Erie yesterday de;
on the first preferred stock. This action
dissolves the voting trust" on Erie first
preferred, the agreement providing that the
trust should be dissolved whenever per
cent. cash dividends are paid in any one
year on first preferred stock. A semi
annual dividend of per cent. was paid last
August, the fiscal year ending June. 80.
j. p. Morgan and two associates had con-
troll of the stock under this agreement.
Joseph Ramsey, president of the Wabash,
denies that compromise OF the Gould
Cassatt trouble has been secured by the
GOulds for entering western Maryland. He
says the contractors for the tidewater ex-
tension are pushing the work without re-
gard to weather. Considerable grade has
been finished and forces working on
both sides of the Bloomingdale road in
the western suburbs of Baltimore. This
is the point where the extension will con-
meet with the present main line immediate
ly south of Wallbrook station.
Regarding the report that Henry d. Led
yard, president of the Michigan Central, is
to retire, official of the Vanderbilt line
said that it was settled that Mr.. Ledyard
would retain his office pending the devel-
opment of important plans affecting all
the Vanderbilt roads, and unless the gen.
eral financial conditions take on a more
encouraging aspect within the next few
months it is expected that the numerous
separate railroads in the Vanderbilt sys-
tenn Will be more closely knit together by
comprehensive securities holding scheme.
The Improvement of the Union Station
by the Pennsylvania Railroad at Pittsburg,
which was commenced four years ago and
has been continued unnterruptedly since,
has finally been completed, and the first
train from the West over the Pennsylvania
on Monday occupied the permanent trackage
in the approaches to the terminal. This
connection practically finishes the plan of
the Pennsylvania for its Union Station ter
minal as laid out at the time the whole
| system was mapped out. The Pittsburg,
| Fort Wayne q Chicago Railroad bridge,
while constructed separately, is considered
| a part of the general plans for the Union
| Station. Altogether, the improvements di-
rectly affecting the Pittsburg terminal for
| the passenger service represent outlay
| of So 100000, and are among the most i'm
| portant that the Pennsylvania has made on
| its lines recently. With the completion of
| the bridge and its connections the company
was able on Monday to begin to use the
entire four tracks of its new elevated sys-
J TEN.