Jasper County Democrat, Volume 10, Number 7, Rensselaer, Jasper County, 18 May 1907 — ELECTRIC ROAD PROGRESS. [ARTICLE]

ELECTRIC ROAD PROGRESS.

The Chioago bankers who are figuring on financing the proposed Lafayette-Chicago electric line, failed to reach Rensselaer last Friday as expected, owing to their encountering sandy roads, open ditches, etc., but did get here Saturday. They came in two large automobiles and were accompanied I>y the wives of some of the party. They came via Hammond, Crown Point, Hebron, Lowell, Shelby and Roselawu, reaching Rensselaer at 2p. m., Saturday and took dinner at the Makeever House. Friday night was spent at Lowell. They went from here to Lafayette where they spent Saturday night, returning Sunday to Chicago, passing through here Sunday afternoon.

They were accompanied on their trip by Mr. Infield, who has been working so hard to establish the road, and from what can be gathered there is a good: prospect of these people taking hold of the matter. Later:— President Infield returned from Chicago Thursday and states that the parties will finance the road on certain conditions. which he would not state publicly, but which would be talked over with the other members of the local company here. We infer from his talk that the question of management of the road comes np, and that the Chicago parties will put up the money but want to take entire charge of the road and run it as they please. In the event of arrangements not being satisfactorily made with these parties, the company will look elsewhere for finances.