Evening Republican, Volume 18, Number 214, Rensselaer, Jasper County, 10 September 1914 — BENTON COUNTY GRANTS FRANCHISE [ARTICLE]

BENTON COUNTY GRANTS FRANCHISE

'/J . O. L. Brown and Bis Lafayette and Northwestern Secure Building Right For Railroad. • ——— Fowler, Ind., Sept. B.—The Renton county commissioners yesterday granted a franchise to the Lafayette and Northwestern railroad to pass through Pine and Gilboa townships to the east of Fowler by several miles. Whether or not a branch road will be run to Fowler remains to be seen. Attorney O. L. Brown, of Remington, engineered the franchise through before the commissioners, yielding to a few amendments to his original plans. It is stated in the contract that the road is to be beghn not later than November 1, and is to be completed not later than January 1, 1916. The company, Mr. Brown stated, is capitalized at $1,500,000 and of this $500,000 is to be preferred stock and is to be sold along the right of way. The remainder of the capital is to be swung by Chicago capitalists. The franchise gives the company power to sell current for power, light and heat. The contract ..further stipulates that at least four cars will be run in either direction within the twenty-four hours of each day. Permission is granted the company also to operate a steam road and to make connections with steam roads when crossing same. Highways are pot to be used for the roadway, except at crossing®. The franchise will come up for final hearing before the board on 'October 5.