Jasper County Democrat, Volume 6, Number 11, Rensselaer, Jasper County, 20 June 1903 — MORE HOT AIR. [ARTICLE]

MORE HOT AIR.

Rochester Sentinel: In a communication to Hon. V. Zimmerman Saturday Dr. Westcott, the secretary of the proposed Toledo and Chicago Transfer Railroad Co., says the undertaking is not dead and will be renewed at once. The letter says the company lost all of its papers including franchises, profiles, options, etc?) through a controversy with parties who were interested in the undertaking and it cost them a lot of annoyance and $1,700 in money to get them back, but they have them now and a party of capitalists will be here this week to look the ground over with the view of building the road. This company has a quarter of a million dollars in subsidies voted to it along the line and has options on most of the right-of-way. But just as they had things in tangible shape to attack capital President Hamilton of the company died, and this plunged the promoters and company into disorganization and it was thought the undertaking had been abandoned.