The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1918-03-14
Campbell Russell of Corporation COmmis-
sion Holds Session Here; Street
Railway Asks for Increase
BASE DECISION ON
COST AND REVENUE
Col. Woodward Tesiifies; Says $4,000
Bonus Pledged; 100000 Bond
Issue; Valuation $4,000

The hearing of the Chickasha
street Railway companys appeal to
the corporation commission to raise
the car fare to six cents, began this
morning at the county court house
before Commissioner. Russell with
representatives of the railway compa-
ny, the city and the patrons of the
road present
Col. Woodward OF Boston, one of
the principal stockholders and presi-
dent of the street railway company,
together with Lawrence Martin and
Mr. Wadsworth, superintendent UI
the road, were present. Represent
Ing the city were Mayor Coffman
and Judge H. L. Grigsby, city attor-
ney John H. venable, attorney, is
looking after the interests Of the pat.
roDs of the road
Commissioner Russell in making
ais statement as to the points upon
which the appeal for an increased
rate would be decided, said that the
commission would take into consid-
eration the value Of the plant, the
cost OF installing it together with
th@ Saainten1nte COST and the reve.
pues.
IN giving his testimony, and In
HA1 ,1xryu md
made statements relative to the cost
OF putting in the road, how the mon
ey was raised, the bonus given the
road by citizens of Chickasha and
inc valuation upon which taxes are
0enP Laid.
Col Woodward stated tnat the bo-
nus pledged ~ Chicka ~. citizens
wls 100000, ti.t added .lat some of
tha- had not yet been collected. He
could not remember the total amount |
collected nor the outstanding pledges. |
Relative to the construction of the
road he stated in effect that bonds |
to the amount of 100000 were issued |
and with the money thus derived the
contractor was paid for the building
of the road. The witness did not
give definite statement as to the |
ultimate disposition of the $40,0O0l
bonus.
Col. woodward said that at this !
time the road was paying very lit
tie revenue and practically nothing
t. cover the depreciation of the roll
ing stock and property in general.
Regarding the present valuation of
the property, Col. Woodward stated
that it was turned in to the county
assessor at $4,000. He added, how
ever, that the board of equalization
Lad increased the valuation to $751;
900 upon which figure taxes are be-
ing paid.
Up to noon, Col Woodward was the
only witness placed on the stand
The hearing is expected to consume
the major part of the afternoon.
Among those to be heard by the COM
missioner relative to the operation of
the road are Pres. G. w. Austin of
the Oklahoma College for Women
and Prot Cowan of the same institu
tion. aa4 II
1t is understood that Pres. Austin
will make a request to the commits
sion that the railway company be
forced to provide better service to
the college, especially at the eoE-iu-
sion of the various programs given
there. He is expected to ask that
the railway company be required to
have adequate cars in waiting for
The crowds when such programs are
finished, in order that the people
will not have to wait.
DIR. e. l.. Dawson, city health SUI
perintendent, as well as a number of
citizens and patrons of the road, were
present and will give their testimony
this afternoon.