Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-07-10
CHAPTER VII.

A11A L In IL
The Capital Traction Co. was or
canized in 1895 by absorbing Wash
ington and Georgetown and Rock
Greek companies. Back in 1900 II
operated underground lines on al
routes except the Rock Creek OF
Chevy Chase extension, which then
as now, west of the Creek itself, was
operated by overhead trolley me
total mileage of the system was theh
34S6.
The officers Of this company We're
George Dunlop, president; CharleS g.
Glover, vice president; G. NJ ~
Koones. secretary and treasurer, with
George T. Dunlop, Charles Z. Glover
Henry Hurt, Edward j. StellWaSen.
!, q. Clarke, William Manice and
Maurice l. Adler, directors.
The Washington, Alexandra x
Mount Vernon Railway Co. and the
WASHINGTON. Arlington & Falls
Church Railway Co. were two prop
critics with a terminal in Washing
ton and SO became District com
pauics. Operative offices were here
and bonds were largely held here.
The Philadelphia crowd. operating
IN Chicago about 1924. Frederick
II, Treat, Norman Gray, Clarence
+. King, with Gardner /. Boothe or
Alexandria. w. w. Spaid. j. ). VIII
kins, c. F. Norment of this city
formed the board of the Washington
Utilities Co. The three tirst-named
held the offices of president, vice
nresident and secretary. respectively,
w. w. Spaid was treasurer ana
Richard w. King. manager.
Under the terms of the consollda-
+ion of the above companies as the
Washington. Virginia Railway &C.. the
latter assumed the outstanding mort
cages of the other two, viz. $2,5O0'u oo
5 per cent gold bonds of the Wash
ington. Arlington & Mount Vernon
and $3.50. 900 of an authorized issue OF
81 coo 900 SIS, due 1858: 100000 first
mortgage SIS and $250.000 second mort
gage 5s.
Washington Utilities Co.
The WASHINGTON Utilities Co. as
every one knows, developed in 1872,
fiourished for time, exchanged much
of its own stock and considerable cash
for the common stock of the Wash
ington Railway & Electric Co, run
ming the price up to Sand then
Welded to force of circumstances and
admitted inability to go further.
There is also mentioned in the 1000
history the East Washington Heights
(Randle's road $4,000 capital, $780,
900 bonds, organized in 1898 by special
act of Congress. A. E. Randle, presi-
dent; o. c. Brothers, jr., vice presi-
dent; J. Henry Brown, secretary and
treasurer.
In addition to the officers. the fol-
lowing were directors; A. e. Martin
J. f. Milton. D. c. Fountain, {. A.
d Eon6xUarH aud I, II
Bayne.
In 1899 the Capital Traction Co.
carried 25.199,000 passengers, earning
thereby S93S307: the Metropolitan
system carried 27.124.75S passengers.
Columbia Railway, 1889, 263; ARacos.
tia, 1,S31,S6i; Brightwood, 1,5SS,SS5;
Washington & Great Falls, 640,S35;
GEORGETOWN & Tennallytown. 640.3S5:
Capital. 1,034,494; City & Suburban,
ASA, 391.
Local Gas Corporations.
Back in 1916 Congress granted
charter to Washington Gas Light Co.,
with a capitalization Of S2,600,000.
Congress has stood like a stone wall
ever since against an increase in this
capitalization and today. 20 years
after formation. the capital still stands
at the same figures.
The 1900 records show that the
company had $500 900 bonds outstand-
ing. Bonds out now total SO, 756, 900,
the stock pays is per cent interest
and the company is fighting for a
higher valuation.
John r. Mclean was the dominant
figure in the affairs of this corpora
ton for many years and was its
president. Other officers We're w. b.
Orme. secretary; S. n. Whitwell,
assistant secretary, and John G. Poor,
treasurer. At least two of the officers
of 1900 are still in Office.
The directors were John r. Mclean, |
James w. Orme, John c. Bullitt, |
George 7. Dunlap and r. H. Colds |
borough.
The Georgetown Gas Co, operating |
west Of Rock Creek, was organized |
on charter also granted by Congress |
in 1854. 1t was capitalized at $150.000, |
paid 10 per cent annual dividends in
1900 and has never been bonded.
Practically under the same man.
a cement, the companies have never |
merged, but the entire stock of the |