Evening capital., 1905-01-23
WILL COMBINE THREE LINES
WASHINGTON BALTIMORE
TROLLEY SYSTEM.
New And Fruitful Field Will Be
Developed BY Cleveland
Syndicate.

tion of lines which will result in An
napolis securing a high class, high
speed service between this city and
| Baltimore and Washington. AL
though il had been reported that the
deal had been made some time since it
was not until Friday OF last week that
| it was eonsumnated.
The story, which is from the Cleve.
land Plain Dealer, located ON the
| ground where the deal was made, is
as follows
1.-THE Bishop. Sherwin syndicate of
this city yesterday concluded negotia-
tions by which it purchased the Wash
/ ington. Baltimore q Annapolis Trac-
tion Co., the Annapolis, Washington
& Baltimore and the Washington,
Berwyn & Laurel Railway companies.
| The plan is TO put all three roads into
| one big modern traction company.
The Washington. Baltimore & An
napolis Traction Company owns a
partly Completed line from Washing.
ton TO Baltimore. The Annapolis,
Washington & Baltimore road is
steam property operating from Annap-
| oils Junction on the b. q o. road to
Annapolis. The Washington, Berwyn
| q Laurel road runs from the city
lines of Washington out nine miles
| into the suburbs. Its present terminus
| is within five miles of the terminus of
the steam road. That gap is to be
| filled and the steam road at once cleo
| trified, the line from Washington to
| Baltimore completed and the three
roads combined into one compact sys-
| tenn.
"From the time the Lamprecht syn
| dicate began negotiations for the de-
velopment of the line between Wash
ington and Baltimore the line has been
inspected by many experts and prac-
tical traction men who have pronoun-
oed it one of the finest propositions of
that sort in the land. The new syn
| dictate, with ample means at its COM
mand, intends to develop the system
to meet the opportunity in the best
shape. when completed the system
will furnish the only traction connec-
tion between Washington and Annap-
oils. There will be 100 miles of track
in the system. The line from Wash
ington to Baltimore will be constrout-
ed wholly on right of way owned by
the company and will be double track
ed. The other lines will be single
track for the present.
"The patronizing territory is consid-
| 6E6u bHS DbSt. HAS u pODu-
lation of 500, 600 and Washington has
about 5000 Annapolis has but
| $500, but the government is spending
about $15, 600, 900 there for a Naval
Academy and that will add immense
ly to the Importance of the city. Be-
sides it is on tine Chesapeake bay and
with the fast line from Washington
the syndicate believes Annapolis will
greatly increase in its popularity and
| become graet resort and summer res
idence point. The new road will be
the only line connecting Washington
and Annapolis.
1.-The purchase of the property was
made personally by George 7. Bishop
and John Sherwin, who will operate
in this undertaking as the Bishop-She
win syndicate. They will go ahead at
once with the development of the
property and complete arrangements
for letting the contracts for all the
work needed TO complete the property.
Their surveys and plans have all been
concluded and their contracts will be
let as quickly as possible. and the
| work of construction will be started
with much vigor just as quickly as the
workmen can begin in the spring.
"The company that will be formed to
take over the property will have
"a, 900, 600 stock and a bond issue of
the same amount. The bond issue
will be divided and So, coo, 900 will be
| first mortgage 5s, and the remaining
81 900, 600 will be second mortgage 5s
A sufficient number of the first mort
gage 5s will be sold to furnish funds
TO complete the road. 1t is expected
that about s., 500, 600 will be required
TO complete the system. The bonds
will be sold at 95.
Last week, after the preliminary
steps had been taken for the transfer
the syndicate offered the members of
the former Northern Texas Traction
| syndicate an opportunity of subscrib-
| ing for the first mortgage bonds and
about $15, 600. 600 subscriptions were
| taken during the week. 1t is the in
| tention of the managers to open the
books for the public this week and
allow the rest of the underwriting to
be taken that way. The managers
have had many inquiries and requests
to save some of the underwriting and
it will likely be taken in a very short
time.
1.-The work of the syndicate will be
carried forward just the same as the
Northern Texas Traction syndicate was
handled. There will be nosconstruc-
tion company formed. The road will
be completed and made ready for
operation by the syndicate managers.
'The plan is to make the double
track road between the national capital
and Baltimore a high speed road, on
which the cars can make so miles an
hour. For this purpose the construc-
tion will be of the steam road stand
ard, stone ballasted throughout. The
cars will be Operated by an overhead
trolley and the poles will be placed
between the tracks. With this sort
of construction and with the operation
of the large type of cars, amply sup
piled with power, the traction cars
can run just as fast as anything on
wheels, no matter what the motive
power may be. The running time for
the through cars between the two
cities will be less than 80 minutes
The distance is Al miles.
Washington and Baltimore are the
two largest cities in the country, close
ly located, that are not connected by
traction lines. The steam roads have
been doing an immense business be-
tween the two cities for many years,
and according to recent reports the
two lines from Baltimore ito Washing
ton handle about 4, 900, 900 passengers
annually. The history Of trolleys is