Kentucky Irish American. (Louisville, Ky.) 1898-1968, 1912-02-24

The secretary and treasurer present
at this meeting and general balance
sheet and a detail report for the benefit
OF stockholders, who may want more
Information than can be given in a re-
port of this nature.
Interurban Lines-The Louisville and
Gnterurban Railway Company operated
the lines owned by IL during the year
1911; previous to that time they had
been operated by the Louisville Rail
way Company. which company owns all
of the capital stock of the Interurban.
The Louisville and Eastern railroad was
purchased at public auction on January
3 and turned over to the Louisville and
Interurban by the receiver on January
16. since which time many improve
ments have been made, the most impor-
tant of these being the purchase of
ground and the building of large and
well-equipped freight depot and repair
shops at Brook and Green streets.
Bonds--At meeting of the directors
on July a resolution was adopted au-
thorizing the president to sell at par
or over 100000 of 5 per cent general
mortgage bonds; this was done and the
proceeds used for paying Indebtedness
incurred on account of the purchase of
the Louisville and Eastern.
Equipment-Thirty large double-trac:
four-motor cars, with all modern i'm
provements, were added to the equip
ment during the month of November,
cinnati Car Companys according to de
signs and specifications prepared by the
mechanical department of the Louisville
Railway Company. About two hundred
air heaters, in most, instances replacing
the electric heaters, which were not en-
tirely satisfactory.
Motive Power-Two Babcock & Will
cox boilers and one rotary converter
were added to the power house at
a
being completed and put in operation
December /, in order to take care of the
increased load for the approaching win
ter. Improvements in the handling OF
coal were also made by placing over
head bins for storage in boiler room
No. 1.
Track-Seven miles OF nine-inch heavy
grooved rails was put down on the
streets in the city TO replace the lighter
sections removed in rebuilding track.
and two and one-half (2h) miles of
heavy rail was put i'm on the lines
outside of the city to replace lighter
sections; the difference in weight OF rail
being charged to construction and the
cost OF RELAXING to maintenance In
addition to this a large amount OF work
was done laying new curves and
switches and in general repair work.
II was necessary to eXpend large
amount both In money and time to fin-
lsh up the Shelbyville division and in
general repairs on the Lagrange divi-
sion of the Louisville and Eastern after
the purchase of the same by the Louis
Vile and lnterurban. Respectfully sub
mitted,
For THE BOARD OF DIRECTORS.
BY T. J. MINARY, President.
All Directors were reelected at
the meeting and the board reorgan-
ICED by re-electing T. ]. Minary,
President; Judge Alex. p Humphrey,
Vice President, and s. G.. Boyle. Sec
rotary. The Directors reelected at
the meeting include Charles t.
Ballard, John w. Barr, S. G. Boyle,
Jr., L. w. Bolts, Samuel Casseday,
Oscar Fenley. Judge A. P. Hum
phrey, II. II. Littell, Of Buffalo, N.
Y; T. J. Minary, ]. b. Speed and
John Sites.
Louisville. Ky, Feb. ls, l9l2.-State-
ment of the Louisville Railway Com
pany for the year ending December 81,
1911.