Rensselaer Republican, Volume 15, Number 22, Rensselaer, Jasper County, 8 February 1883 — All Troubles Adjusted, and L-N-A. & C. Takes Control at Once. [ARTICLE]

All Troubles Adjusted, and L-N-A. & C. Takes Control at Once.

Indianapolis Journal. Louisville, Feb. l—A full and final settlement has been affected by Ihe Louisville New Albany & Chicago Railroad Com--1 any, with the Crawford syndicate, by which the latter to-day gave formal possession of 158 miles of new road to the formers This new road extends from Indianapolis to Chicago, is an air line, and was built by Henry Crawford for the Louisville, New Albany A Chicago Company. The terms on which the company accepted the work are intirely satisfactory to Vice-presi-dent Standiford and his associates, who regard this acquisition to their thriving systems as of the utmost importance. Trains will be placed on the tines at once, the company having secured additional rolling stock in anticipation of the new acquisition.; The road will be know as the Indianapolis division of the Louisville, New Albany and Chicago, is thirty miles shorter than other now existing between Indianapolis and Chicago, and goes through a richer country. The management is much elated and looks forward to increased value in their property, because of the splendid prospects of the new line.