Evening Republican, Volume 18, Number 141, Rensselaer, Jasper County, 16 June 1914 — REMINGTON FAVORS NEW INTERURBAN PLAN [ARTICLE]

REMINGTON FAVORS NEW INTERURB AN PLAN

’ Resulted in Siting Tog’ih.' of Opposing Parties.

The Indiana Northwestern Traction Co. held a meeting at Remington Saturday night to discuss with the public the proposition of the proposed interurban railroad. R. D. Wynn, who represents the underwriters for the project, was present and addressed the meeting. Mr. Wynn is a diplomat and his fair discussion had the effect to soften the tension that has existed in Carpenter township since the first subsidy election was called there Mr. Wynn explained to the people \Vho attended the meeting that he thought it would be far better to sell stock instead of voting a subsidy in Jordan and Carpenter townships, in view of the fact that the subsidy had been twice voted down in both townships. He made a statement of the plans of the company and suggested that if stock to the value of $50,000 could be sold in Carpenter and Jordan, the election which had been called for July 25th would be recalled. He said that all money secured from the sale of the stock would be deposited in th Bank of Remington and that it would be provided that it could be eheeked out only on vouchers for construction labor and material. B. O. Smith, tresurer of the company, was present, and said that he had received authority from Mr. Love, who brought the suit against several citiens of Carpenter and Jordan townships, alleging libel, to to. Mt. 8. G. Hand, of the Remington bank, was present and gave -his approval to the plan, as also did C. H. Peek, the Remington merchant, who has been one of the most Sitter opponents to the subsidy propositions. It was agreed that the suits in the federal court be dismissed and that the stock plan be taken up at once and Mr. Wynn, who went to Chicago Sunday morning, returned STbe^paM 1 bank, whereat is to remain until it is used for construction and material. It is tne nlan of tne Tnritriir* fe completed. It’is not improbable that construction will beffln at he had made a personal investigiv Vho were pushing the Indiana Northwestern were men of responSr• >llll y SESSnS ton last week and has been ill since that time. Viee'President Vai Zimmerman, Engineer H. J. Wilson and Treasurer Smith were present and all were impressed with the decidedly favora'ble outlook following the meeting. ivlr says rnat* me the la an Air of determination about the promoters that impels us to the belief that it wiß not be many months until Remlng ton and Rensselaer are actually connected by an electric railroad.