Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-11-22
THREE COMPANIES ORGANIZED
TO OPERATE FIT. D., D. NJ. 4 S.
PROPERTIES.
LIGHTING PLANTS AND
CAR LINES DIVORCED
Fort Dodge Street Car System TO be
Operated Separatcly-Po>ss- to be
Sold to Cities Between Boone and
Fort Dods-State Asked fer Per-
mission 20 Reersani-a

pes Moiaes Nov. Ie.--hs business
of the old For. Dodge, Des MONIES *
Southern Railroad Com pa2y VIII BE
conducted in The future ~ eA7ss co--
porat5ons now being orSaazes under
the laws OF Maine. They viii hs sAs
Central lows Lssn, a-6 Power Gem
pany, the Fo-t Dodge. Dss Mo.-asS x
Southern Railroad Company .. -GA--s,
and the Fort Dodge Stree, Railway
Company.
Information Of Iris +@2o-,zn, -sa7-
ganization OF the s!sct7:c system :
conveyed in three separate -s-2GsS-s
presented to the executive to-act. 1rss-
tert;ay asking that ne .h-es co-1,,:-.s-
tons be given E,s--- 5Ss.oc - -sscs s,o1E
In amounts % sS1a. .l9, s--,%Aa@tl A-@
500. 200. respectively.
nasp.uc.. IS .Ae co--o-a.1a7s &-s
only II the process .. o-E-l1zIl3-
and have no. ye: applied -o- sd-2-sslo-
10 Iowa s., the executive co-z62. co.-.-
CO was 70 indicate :.at Wa ;Aa. *
tioa VAS -aksn ne c~o--oc-. would ~
ce.ys the proposition tavo-ac-y.
Homer lo-i,s Makes R>aass.
The requests were s5-s3 a-5 SUR
mie-sa By Homer Lo-t-g -1ey 49,
line the 7-ass1. co-5.-soa - c1s So
tam s2G the IN p93vs-s-ts pr POSED
by the new companies
TIE Central Iowa LiEe. sl3 2c-va-
COMPANY axpec-s . acquire az ova
the Fraser power plant formerly OWES
by the Fort Dodge DIS No:1ss &
Southern 7. vi, take ove- g., ~
equipment @. the plant and VII sit
q 10000 horsepower turbine !: VII
also take over the transmission lines
between Des Moines. -A2es, Boone, Fo-
Dodge and Rockwell City. / VII. as
sumo The business o. distributing s.ac-
trtcity for Ugh. 20 the cities % og5s-
Lehigh. Huxley and Aokeay Nsgo.i-
atoms are under way, according 20 -he
document, cor contracts which VII give
the company the lighting % Fur:
Dodge, Cambridge. PILOT Mound and
FarnhamvilIe. The company VII DO
general business Of distributing electric
current for light heat and power, e1-
tending It's territory a. the business
conditions permit
The value oa. the property 10 be
acquired by the new company Is esti-
mated In the document as 100000 and
Its net earning power Is calculated at
$4,000 a year The organizers ask per
mission, however, for a stock issue OF
only $4,000
Ali the trackage, rolling stock. and
other equipment in use in operation OF
the interurban proper is to be owned
and controlled by the new Fort Dodge,
Des Moines & Southern Railroad Com
pany. Their value is estimated a. not
less than $4,000, 900 but tie corporation
will have a capital stock OF million
less. All the business OF the inter
urban. including the operation OF the
line from the state college % Anes,
will be conducted by this o-poraLon.
To Take Over Street Railway.
The Font Dodge Street Railway
Company is organized 10 take over the
four mile system at Fort Dodge and
operate It independently OF the inter
urban system. It IS valued IN the doc
ument at $4,000. The corporation is
organized with a capital Of 100000.
The old Fort Dodge. Des Moines &:
Southern Railroad Company, former
owner OF these properties, was forced
into bankruptcy by the Old Colony
Trust Comp OF Philadelphia. hold
er of the first mortgages. The system
was operated in the hands Of a re-
ceiver for over two years The re-
ownership was dissolved al the begin
ming of the present month when the
company was sold 20 the former pond
holders. The purchasers took over the
property with the intention OF forming
the corporations which are now n the
process OF organization.