Rensselaer Semi-Weekly Republican, Volume 39, Number 26, Rensselaer, Jasper County, 27 November 1906 — ELECTRIC ROAD STILL LOOKS GOOD [ARTICLE]

ELECTRIC ROAD STILL LOOKS GOOD

A directors’ meeting of the proposed new traction railroad fras held at Reynolds, Thursday. Of the ten directors all but one were present. Those attending |from this county were Robert Parker, of Remington, J. N. Leatherman, C. W. Coen and G> F. Meyers of Rensselaer, and S. T. Coiner of Union Tp. The survey was reported just completed that day. Everything is looking good all along the line. Several companies seem anxious to finance the project, and are all clamoring for ao early look at the plans to figure. Capitalists in New York, London and Chicago are represented in these requests. The engineer reported that the very thoro statistics he has gathered show a probable annual business of $2,000 per mile more than had b?en estimated. The proposed line is between seven to ten miles shot ter than the Monon between Lafayette and Hammond. Managers of connecting lines into Chicago on the north and Indianapolis, Cincinnati and Louisville o i the south, have requested conferences with a view of arranging for connections in those directions.