Jasper County Democrat, Volume 16, Number 99, Rensselaer, Jasper County, 14 March 1914 — MONON LIKELY TO GET THE GIFFORD RAILROAD. [ARTICLE]

MONON LIKELY TO GET THE GIFFORD RAILROAD.

I‘ublic Service Commission Has No Jurisdiction of Matter. Ihe public service commission will not pass on the question of whether the Monon railroad may buy the Chicago & Wabash Valley Railroad Company, known in northern Indiana as the Gifford railroad. The Monon asked the commission last week - whether the commission would authorize the purchase of the road ffom the Gifford estate. The Commission’s decision, Tuesday, said the question of sale is in the hands of the administrator of the estate and of the courts.

Tlio executor is understood to be anxious to dispose of the road to the Monon, feeling that the latter will at once put the line in good condition and connect it up on the north end with its main line, although it is not thought it will extend the line on south at present at least. He feels that the road is worth more to the Gifford district if owned and operated by the Monon than a private corporation, and its ownership will at once give It a prestige that wlil enhance the remainder of the real estate holdings of the estate in the section traversed by the road.

It is quite probable, if the Monon is still inclined to “do business” that Judge Hanley will be urged to endorse the sale, and (lie matter may be closed up today.