The Washington herald., 1915-03-07

There is no discrimination. City At
torney Moore rules that the jitneys need
only obey traffic laws and have the regu-
lar city and state auto licenses"
So the jitneys are going ahead with
their boom. They have already-withtn
4 week of their arrival - fulfilled the
promise of three-cent fare for all school
children. Books of 10 tickets to sell for
thirty cents will be offered the children
as soon as the big new busses, seating
thirty passengers, arrive in New Orleans
from the factories.
In the meantime the street railways in
New Orleans are desperately making
concessions and improvements in service.
The Feitel Jitneymobile Company, pro-
moters of the first ''jit' service in New
Orleans has been capitalized at $500, 900.
The stock is offered on the open mar
ket at $40 share and many applica-
tions have been received. While the COM
pany has been capitalized at 100000,
the first allotment is for 100000. This
is common stock. No preferred stock is
being placed on the market.
Spontaneous patronage OF the jitney
mobile service over the principal streets
in New Orleans has encouraged the pro-
moters to organize the half-million dol
lar corporation. This means that many
cars will be added to the present service
given by the Feitel interests. 1t means
that practically every section of New Or
leans will be covered for the convenience
of 'straphangers."
The Feitel interests are steadily i'm
proving their service in Canal st. and
along ST Charles ave. Their cars will
invade other sections of the city, some
of them covering the distance between
Canal st and the United States barracks.
The cit" service is being put on sched-
ue operation. The improvements will
be more general in the near future. 1t
is for the purpose of increasing the num-
Der of cars and lettering the class
of service that the original promoters OF
the jitney service have perfected the
half million dollar corporation. The pro-
moters have provided against accidents
by heavy insurance on each car operated
New Orleans also is to have another
iitney system.
With the success of its profit-sharIng
plan assured by the response to its stock
sales the Citizens Cooperative Trans
portation Company will organize a tenta-
tive service within the next few days.
Until the new fifteen-passenger tour
ing cars are finished. the smaller five
and seven-passenger cars will be put on
the routes to be covered. This service
will cover all the we'll defined avenues of
traffic in New Orleans and will be COM
plete in everything except the carrying
capacity.
The new company is the only absolute
cooperative transportation organization
in the country. The stock is being sold
in lots Of 10 shares. With each share
the stakeholder will be given SO worth
of tickets. These tickets are inter-
changeable and are good over any of the
company's lines.
II Is figured that the average business
man spends at least $50 each year for
street railroad fares. The stockholders
in the new company will be only invest
ing their carfare in stock that is bound
to pay good dividends.
The company is incorporated for s125.-
600, of which $4,000 will be invested in
automobiles. These will be fifty in num-
Der, each seating fifteen passengers. 1t