The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1916-05-25
TWO TRACTION LINES
ARE CONSOLIDATED
Tpxss rt1sTRIs RAILWAY -
xTw >sME oF COR
PoRsTroN.
y. D. strickland Heads Merger I"
tIse Texas and southern
Traction COM
psnlcs.

DALLAS. Texas May 25.-Thc
Texas Electric Railway II the name
selected yesterday BY stockholders
and directors who voted 20 merge the
Texas Traction company and the
Southern Traction company, knowa
az the Strickland interutban proper
ties. The new company will begin
lite existence on July l. The present
Iofficers OF the two traction companies
viii operate the new company J. v.
lstrickIand IA president.
The final vote 10 consolidate the
properties was taken yesterday al
moon. uhen nearly all the shares ~
Istock OF both companies were repre-
scented either In person or by proxies.
More than a score OF ouf-of-town di-
lroctors attended the meeting, which
began nj l o'clock In the excessive
Ioffieea OF the companies In the South
western building.
The consolidation vote Is regarded
las being unusual. in that tho senti-
ment in favor OF consolidation was
ALMOST unanimous. or the total ~
lT0.0o shares of The Southern Trac-
ltlon company. 56.139 voted yes"
land only ten registered negative
lvote. In the Texas Traction COM
lpany. with u total OF 10000 shares.
1.-THE aggregate vote In favor OF the
merger was 2G,s54 only 122 OPP
posed the proposition.
The mileage OF the Texas Electric
Hallway will be 25i miles. the long
lest iuterurban line In the world.
About sixteen miles OF tho property
lare operated as local street car lines
lat Denison. sherman, Mckinney.
Waco. Maxahachia and Corsicana
The Strickland lines have been In
Operation since 1905, when the Tex
az Traction company began oper-
lations from Dallas TO sherman. Lat
Ter on the company bought the Deni-
lson and Sherman interurban. making
lDenison the northern terminus OF n
lseyenty -five-milc line. In 1913 the
lDallas-C orsicana and the Dallas Waco
LINES were put In operation, the main
lime mileage being 100 miles. The
entire properties are knownfas The
Home intcrnrban." because the af-
lfairs OF the companies have been
largely financed and wholly operated
lby men who live in the towns through
which the line operates.
The successful vote to reorganise
1.-The interurban companies is regard
| cd a tribute to the energy and en-
iterprise OF Mr.. Strickland, the pro-
moter of the lines. lie has been en-
Jagged in working out plans for the
lnew company for several months.
The unified company will make Il
POSSIBLE TO operate the properties up
lon more efficient basis and will
make Ii possible for the executive
department to facilitate the method
tQi iihaHSihb tAtshSiohs anu ''f'
ments
The following directors of both
lines were present at the meeting:
lW. o. Lacy. Waco; w. Coleman,
Waxahachie: A. A. Jackson. Dallas;
lW. X. Glasgow. West, w J. Neale,
iWaco; W. " Ratohler. Ferris; +. \.
lDrane. corsicana. 4. l., Smith. Hills
ihoro: j. +. Strickland. Dallas; {. w.
liobson. Dallas: K II. Stichter. Dali
las. John Auchincloss. New YORK;
George W. bowman, Plano; w II.
Drents. sherman: ]. S. Heard, Nc
kinney, j. l.. Lovejoy, Mckinney;
lake Metzler. Dallas; $. ID. Moore.
Ivan Aistyne. and K +. l.. Saner, Dat
las