. Electric railway journal . Rapid TransitCompany, which went into the hands ofa receiver in 1918, has recently had itslast effects sold at auction. These con-sisted of 2 miles of track and trolley,with some additional poles, ballast ma-terial and other supplies. The propertymentioned was bid in by Paul Chatham,former president of the company, at$10,000. The Charlotte Rapid Transit Com-pany was organized ten years ago witha capital of $75,000. It began operationin 1911 of a storage battery car fromthe end of a line of the Southern PublicUtilities Company, which operates therailway in Charlotte
. Electric railway journal . Rapid TransitCompany, which went into the hands ofa receiver in 1918, has recently had itslast effects sold at auction. These con-sisted of 2 miles of track and trolley,with some additional poles, ballast ma-terial and other supplies. The propertymentioned was bid in by Paul Chatham,former president of the company, at$10,000. The Charlotte Rapid Transit Com-pany was organized ten years ago witha capital of $75,000. It began operationin 1911 of a storage battery car fromthe end of a line of the Southern PublicUtilities Company, which operates therailway in Charlotte, to the country storage battery service was nota success and in May, 1913, the South-em Public Utilities Company began theoperation of cars over the Rapid Tran-sit line under a contract with the lattercompany. This service was discon-tinued on May 19, 1918, because theowners of the suburban line were notable to meet the deficit incurred throughthe operation of cars over the line. For the past two years a consider-. Increase in Chicago City Dividend.— The Chicago (111.) City Railway hasdeclared a quarterly dividend of li percent, payable on March 31 to stock ofrecord March 25, thus placing the stockon a 6 per cent basis. The formerbasis was 5 per cent. Two New Directors Elected.—Stock-holders of the Dallas (Tex.) Railwaymet recently for the annxial electionof officers. J. T. Owens and Sam , both of Dallas, were electeddirectors to fill vacancies caused bythe resignations of F. B. Bissell andLaMonte Daniels. Suspension of Service in Weymouth,—The Eastern Massachusetts StreetRailway has suspended indefinitely allservice in the town of Wejrmouth,Mass., in consequence of the refusal ofthe town authorities to furnish financial!aid in meeting the expense of main-tenance and operation. Service Suspended. — The Albany(Ga.) Transit Company has reducedservice to a single car. Complete sus-pension and the junking of the line arethreatened. It is said that the pri
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