. The Cuba review. THE CUBA R E V T E W 23 FINANCIAL AND RAILROADS Havana Province is to have another electric railroad, from the City of Havana to Santa Cruz del Norte, passing through San Jose de las Lajas and Jaruco. A decree was also issued authorizing a sub- sidy at the rate of $5,500 per kilometer. The line is already laid to San Jose de las Lajas, and work on the extension to the other towns will begin at once. The president has also signed a contract with the United Railways of Havana to construct a railroad line from the City of Matanzas to Canasi in the same province. This was author
. The Cuba review. THE CUBA R E V T E W 23 FINANCIAL AND RAILROADS Havana Province is to have another electric railroad, from the City of Havana to Santa Cruz del Norte, passing through San Jose de las Lajas and Jaruco. A decree was also issued authorizing a sub- sidy at the rate of $5,500 per kilometer. The line is already laid to San Jose de las Lajas, and work on the extension to the other towns will begin at once. The president has also signed a contract with the United Railways of Havana to construct a railroad line from the City of Matanzas to Canasi in the same province. This was authorized by the act of July 4, 1910, and the subsidy is fixed in the sum of $5,500 per kilometer. The courts have decided that the Havana Electric Railway has the right to carry advertisements on the windows of its cars, a proceeding which had been pro- hibited by the mayor. The railway com- pany accordingly sought higher opinion with the result above stated. NEW RAILROAD IN ORIENTE A three million dollar realty company has just been formed headed by Jose of the Banco Espaiiol, Francisco B. Reyes and General Aleman, under the name of the "Societe InmoviHere de Cuba" (Cuban Realty Co.). The new company will devote itself principally to the construction of and operation of a line of railway from Guantanamo to Baracoa, and the articles of incorporation also provide for other lines of work such as harbor improvement and operations in land. The proposed line of railroad has a length of 120 kilo- meters. The promoters of the new company have subscribed $600,000 for starting work, and it is understood that approximately $120,- 000 more of the stock has been placed. The Havana Electric Railway wishes to extend its lines in Marianao, and has ap- plied to the town's municipality for the necessary permission. The new extension will cost $40, Cities of Cuba—View of Baracoa, from roof of the church See article on page 27, which gives much information regarding Oriente
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