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Unification of South Side lines signals citywide transport merger
After a Wall Street deal last Friday in which J Pierpont Morgan relinquished control, Chicago moves toward merging all street car and elevated lines under The Chicago City and Connecting Railways. Investors and officials name 70 million dollars involved, with Hammond Indiana and Gary linked to Chicago, and leaders including James B. Forgan John J. Mitchell Samuel Insull and Ira M. Cobe steering the plan.
MENTIONED IN THIS ARTICLE
South Side
Wall Street
J. Pierpont Morgan
Chicago City Railway
Calumet @ South Chicago Railway Company
Southern Street Railway Company
Hammond, Whiting & East Chicago Railway Company
Chicago City and Connecting Railways
Hammond
Ind
Whiting
Gary
Ateel
South Shore
Chicago
Ira M. Cobe
Chicago City Railway Company
Calumet & South Chicago Railway Company
Southern ‘Graegh Railwaypany
Hammond, East Chicago & Ng Railway Company
Chicago Increase
James B. Forgan
John J. Mitchell
Samuel Insull
John A. Spoor
Edward Morris
T. B. Mitten
B. K. Bolsot
First National Bank
Illinois Trust and Savings Bank
Commonwealth Edison Company
E. K. Bolsot
First Trust and Savings Bank
Assets Realization Company
Chicago Railways Company
Consolidated Traction Company
Amuel Insull