. Electric railway review . zoo. Mich. Mr. Gavett formerly wasconnected with the passenger department of the Pere Marquetteat Detroit and more recently with the Saginaw division of that roadas trainmaster. Mr. Frank M. Tucker has resigned his position as chief in-spector of the Louisville i Kv. I Railway on account of ill on April 1. Mr. Tucker has been connected with thecompany for more than 30 years. 20 of which have been spent aginspector and chief inspector. Mr. Charles C. Ostrander. formerlyassistant to Mr. Tinker, will be his successor. Obituary. James H. Eckels, one of
. Electric railway review . zoo. Mich. Mr. Gavett formerly wasconnected with the passenger department of the Pere Marquetteat Detroit and more recently with the Saginaw division of that roadas trainmaster. Mr. Frank M. Tucker has resigned his position as chief in-spector of the Louisville i Kv. I Railway on account of ill on April 1. Mr. Tucker has been connected with thecompany for more than 30 years. 20 of which have been spent aginspector and chief inspector. Mr. Charles C. Ostrander. formerlyassistant to Mr. Tinker, will be his successor. Obituary. James H. Eckels, one of the receivers of the Chicago UnionTraction Company, died in Chicago on April 14. At the time of hisdeath Mr. Eckels was president of the Commercial National Bankof Chicago, a director of the Chicago Lnion Traction Companyand of the Allis-Chalniers Company, besides being prominentlyconnected with various financial institutions. In 1893 he wasappointed comptroller of the currency of the Lnited States underPresident S. L. Vaughan. April 20, 1907 ELECTRIC RAILWAY REVIEW 539 Financial News Boston Elevated Railway.—This company has riled a petitionwith the Massachusetts railroad commissioners for approval of an issue of bonds. The pr ieds of the bonds will provide funds for construction, equipment and the purchase of real company has also asked for authority to issue $8, addi-tional capital stock to meet tie- cost of construction and equipmentof the new Cambridge subway. Central California Traction Company. San Francisco.—The Cali-fornia Safe Deposit .^- Trust Company of San Francisco offers the first mortgage 5 per cent bonds ol this company at 97% andinterest. The bonds are due on April I, 1936. Of the total issue Of $1,500,000 there have been issued $500, and the balance are reserved for further extensions and improvements. A sinking fund is provided of $15, annually for the first 10 years. $30, a year for the ensuing In years and $45,1 a
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