Jasper County Democrat, Volume 18, Number 58, Rensselaer, Jasper County, 20 October 1915 — Jitney Busses Blamed for Part of Trouble. [ARTICLE]

Jitney Busses Blamed for Part of Trouble.

C. D. Davidson of Gary, was Saturday appointed receiver of the Gary & Interurban Railroad Company by Judge A. B. Anderson in federal court. Davidson’s bond was fixed at $50,000. Application for a receiver was made in federal court Saturday by the Central Trust Company of Chicago. Thq trust company claims a first mortgage of $1,000,000, and says three or four other issues are held against the Gary company. The trust company alleges the Gary company is one year behind in the payment of interest on the first mortgage. The road extends from Laporte to Hammond and is thirtythree miles long.