. The Street railway journal . oose. It is easily repaired, andall working parts are very strong and simple in construction. It ismade in three different sizes. The announcement is made that Thomas Dolan has resigned asa director of the Union Traction Company of Philadelphia. The Everett-Moore Situation The deal for the purchase of the Everett-Moore holdings in theDetroit United Railway by an Eastern syndicate has been de-clared off, the option having expired. It is understood that aneffort was made to secure a lease in perpetuity, but the bankerscommittee was unwilling to recommend this actio
. The Street railway journal . oose. It is easily repaired, andall working parts are very strong and simple in construction. It ismade in three different sizes. The announcement is made that Thomas Dolan has resigned asa director of the Union Traction Company of Philadelphia. The Everett-Moore Situation The deal for the purchase of the Everett-Moore holdings in theDetroit United Railway by an Eastern syndicate has been de-clared off, the option having expired. It is understood that aneffort was made to secure a lease in perpetuity, but the bankerscommittee was unwilling to recommend this action to the stock-holders, and would not enter into the negotiations. Other biddersare in the field, and it is understood that the Cincinnati syndicateis still after the property. Reports in New York indicate that the negotiations with thefirm of J. 6k W. Seligman for the purchase of the Everett-Mooreinterests in the Toledo Railways & Light Company are also likelyto be declared off. According to the latest report these people. JENNE TRACK JACK are endeavoring to secure the property for $20 per share, whilethe Cleveland people want in the neighborhood of $26. There has also been a hitch iti the transaction whereby Cleve-land people were to take over the holdings in the Northern Ohio Traction Company. The syndicate headed by Horace E. Andrewshas made a thorough inspection of the property, but the matter ofpurchase is still unsettled. Under an arrangement with the Toledo & Monroe Railway, theDetroit & Toledo Shore Line is again operating cars from Toledoto Detroit. The members of the syndicate are confident that theearnings of the road will prove so satisfactory within a very shorttime that it will be possible to sell the bonds and properly financethe property. Attempt to Unionize Chicago Roads For some time secret preparations have been going on to forma union of street railway employees in Chicago, and last weekmatters were so far along that open meetings were held, the attend-ance
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectstreetr, bookyear1884
