Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1910-06-05
RECEIVER FOR INTERURBAN
Electric Line Des MOines to Fort
Dodge in Difficulties.
IMPROVEMENTS TOO EXTENSIVE
Half Million OF Bonds Issued to
Erect New Power House -
Go BeRgiBR for
Buyers.
(From a staff correspondont1


DIES MONIES. June 4.--(Specal Tele-
gram.)-The Fort Dodge, Des Moines &
Southern Railroad company, operating an
electric interurban system between the
cities Of Des Mones, Ames and Fort Dodge,
was forced into bankruptcy today with liza
bilities aggregating sS,0OOOO0. A petition
asking that a receiver be appointed was
filed in the United States court by an at
torney for the Old Colony Trust company,
which holds a mortgage for the amount OF
the liabilities.
Homer Loring, president Of the railroad,
and Farley Sheldon, a banker Of Ames,
were appointed as receivers OF the com
pany, each filing a bond of $4,000.
James c. Davis, attorney for the petit
TONERS, stated that the necessity of the
action was brought about by reason of
some extended improvements undertaken by
the company, stringeney of the money mar
ket, the general depreciation of railroad
securities and the inability of the company
to market it's bonds.
Recently It issued 100000 worth of bonds
with which money it intended to build
new power house and make other improve
ments, but the bonds found no buyers in
Wall street or by any eastern capitalist
Iowa VIII Go it Alone.
Assistant Attorney Gensral Charles W.
Lyon today received from Attorney GEN
eral Wickersham a telegram declining TO
amend his petition in the rate case in
junction. He points out that to do so
now would require the consent of three
circuit judges and he does not feel war
ranted in doing so. A conference was
held and plans laid for starting suit
at once in federal court Independent of
the government, IL that can be done, to
prevent collection OF the higher rail rates.
The increased rates are being paid here
under the recent notice. The shippers
regard II as a little doubtful If they will
be able to secure reduction.
No StIckers on Ballots.
The attorney general today rendered a
decision on behalf of persons at OF
tumwa that no stlckers or pastera are al
lowable on the official primary ballots
except for delegates. In many places the
ballots are shy the names of various can
dldates, especially for committeeman, but
1t Is held that these must be written in.
Improve the Rail Service.
The railroad commission today ordered
the Colfax and Northern railroad to put
on better cars for carrying the miners to
ana from NOEh at NdAShid' hS
complaint was that the road bad was
dangerous and the cars unsafe. The COM
pany has fixed the road bed and now the
commission has ordered that the company
use shorter and better cars and maintain
sanitary conditions
Will Get the Vice President.
1t is expected that Vice President
James Sherman will attend the conven-
| ton of the Iowa Bankers association
June 10 on the previous day he is to be
at Iowa CityIIto attend some university
! function and the bankers have invited
him to come on here and address them.
Convention of Saints.
| The annual convention and Sunday
school meeting of the reform branch of
the Mormon church. of which there Is
a large membership in Iowa. is in ses-
sion here with several hundred present.
Arrangements are being made for gen.
eral reunion in Iowa this year.
New College Head.
! Rev. Francis Luther Strickland North
| port. Long Island will be the next head
of Simpson college. He will be at lndi-
anola Saturday to meet the trustees
Strike Nears End.
Members of the harness makers union
of Des Molnes believe that the end of
the strike declared March q is near.
Meeting of the National Association of
Harness Manufacturers and the executive
board of the Harness Makers union are
to be held in Chicago ana Kansas City
respectively, within the next two weeks
and 1t is thought that these two meetings
will provide for a joint session which
| will nlt an end 10 the labor troubles