Rensselaer Republican, Volume 19, Number 21, Rensselaer, Jasper County, 27 January 1887 — THE RAIL WAYS. [ARTICLE]

THE RAIL WAYS.

The Purchasing Committee of the Wabash, St. Louis and PacificJßailway, holding over s4,Wifi,Qoo paid in assessments, and embarrassed by the demands of the underlying bondholders, has decided .to ask the stockholders what course thev desire pursued. sA charter has been obtained at Madison for a railway from Lake Geneva to Portage, 110 miles, by way of Elkhom and Whitewater. .-.£4^

'A Recent dispatch from Topeka, Kan., says; ' Two new railroads have chartered here, which, although incorporated under different names, will be practically under the same management.. On© road, the Kansas Valley, will be bu : lt from a point near Kansas City weqt along the valley of Kansas to the western boundary of tbe State and from thence to Denver, Col. The total capital stock of the company is placed at $10,00(1,000. The second road ia to be known as the Topeka, Blue Valley and Northwestern Railway, and will be built from'Topeka to a point in Cheyenne County, with a branch from a point in Waubunsee County to Cl»y Centei. Tbe length of this road will be about 500 miles, and its capital stock $10,1,00,000. The St. Joseph and St. Lonis Railroad company, having secured the annulment of its lease to the Iron Mountain and Missouri Pacific companies, has brought suit for $400,000 damages against the roads n uned. A St. I.onis dispatch asserts that Jav Gould is idamt to purchase or build tracks direct from Memphis to Denver. Notwithstanding the fact that railway pools nro forbidden by the' interstate commerce law, the various Chicago associations * will probably retain their joint machinery for the compilation of statistics, the publication of rates, and protection from fraudulent practices by shippers.