The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1919-08-02

demanded by said city. and TO further
provide the moneys necessary from time
10 time for the growth of its property
and the necessities OF its traffic within
the immediate future. il Is absolutely
necessary that your petitioner shall
within the NEXT eighteen months dispose
~ additional OF its First Mortgage
bonds. and II Will be wholly impossible
for your petitioner to do so unless Il has
AZ that time established q fay orable lie.
ORD of earnings OF its property for at
least year preceding the sale Of said
securities and saie margin OF not
earnings for such time over and above
It's operating expenses. nAed charges and
taxes
4 Your petitioner further shows that
from October list. 1871 down to june
Soth. 1919. il has expended out OF earn
ings the proceeds OF the sale OF its
FIRST Mortgage bonds. and the loans
made to it by the United states Housing
Corporation, over t45O.o00 for additions
and extensions to its property and equip
ment absolutely necessary 70 its con
rnued operation, and that within the last
fifteen months il has received and put
in operation thirty new motor and trail
cars costing approximately $2I5.000.
g. That your petitioner is compelled
u operate its lines in the city of Gary
IN direct competition with approximately
eishty-five jitneys which operate up and
down Broadway along the double track
tines Of Your petitioner during all hours
or the day carrying passengers for d
Avenue and 26th Avenue on Broadway in
said city of Gary
That said jitncys so operated in COM
petition with the Broadway lines Of your
petitioner deprive IT of a gross revenue
Of a least 100000 per annum from traf-
ilc built UP by the maintenance OF the
railway in Broadway.
That said jitneys operate when and
where they please in the city OF Gary
pay no taxes except a small license fec
10 the City OF Gary. pay no DANA g"-
caused by them. are not responsible
financially for such damages. wear out
the pavement in said Broadway con-
structeo at the cost OF your petitioner
and maintained by II at its cost. observe
no rules of safety at railroad crossing s
or in the conduct of their traffic, make
no attempt TO maintain their vehicles in
J
ncys have continued TO operate at their
VIII in said city of Gary for more than
Ave years past. thereby imposing upon
your petitioner unusual and extraordi-
nary burdens Of competitive system
and make il necessary that your petit
toner have extraordinary relief which
might not be necessary where such sys-
tenn Of competitive transportation did
fes
abundant equipment for the handling of
all passengers now or heretofore carried
by jitneys in the City OF Gary.
10. That your petitioner has since
October. 1918, and down to June lst,
1919. been paying TO It's trainmen the
same SCAT of wages paid by the street
railways in the City OF Chicago and by
connecting lines in the Cities Of East
Chicago and Hammond, but that such
wages paid by this petitioner arc very
much less than the wages paid 10 en-
ployes OF similar capacity in 'other
plants and industries located in the cities
served by II.
That on June LIST. 1912 the agree
ment heretofore in effect covering the
wages and working conditions of the
ira nmen OF your petitioner expired hy
limitation and demands were made upon
your petitioner under threat OF strike
and tieing up Of transportation facilities
Of this territory. for increase Of train
mons wages OF two cents per hour and
in order &c avoid such disturbance and
TO protect the public interest and in
view of the fact that in the Cities Of
Detroit and Cleveland wage increases 10
sixty cents per hour had recently been
granted. your petitioner conceded the
demands of its trainmen for an increa Sc
10 a maximum wage of nifty cents per