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Encyclopedia Dubuque

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DUBUQUE LIGHT AND TRACTION COMPANY: Difference between revisions

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[[Image:dubuquelight.jpg|left|thumb|250px|Photo courtesy: Bob Reding]]DUBUQUE LIGHT AND TRACTION COMPANY. The Dubuque Electric Railway, Light and Power Company purchased the Key City Electric in 1893. (1) The company was reorganized as the Dubuque Light and Traction Company.  
[[Image:dubuquelight.jpg|left|thumb|250px|Photo courtesy: Bob Reding]]DUBUQUE LIGHT AND TRACTION COMPANY. The Dubuque Electric Railway, Light and Power Company purchased the Key City Electric in 1893. (1) The company after being placed in receivership was purchased by the General Electric Company and reorganized as the Dubuque Light and Traction Company. (2)


As early as 1893, Dubuque Light and Traction Company proposed a consolidation to the [[DUBUQUE STREET RAILWAY COMPANY]]. It was believed at the time that the latter company had more profitable routes. A disagreement about the division of stock prevented the merger from occurring. By December 1, 1894 Dubuque Light and Traction Company was placed in the hands of a receiver. (2)
As early as 1893, Dubuque Light and Traction Company proposed a consolidation to the [[DUBUQUE STREET RAILWAY COMPANY]]. It was believed at the time that the latter company had more profitable routes. A disagreement about the division of stock prevented the merger from occurring. By December 1, 1894 Dubuque Light and Traction Company was placed in the hands of a receiver as the result of it being unable to pay interest on its bonds, pay its taxes, keep the property and plant insured and in good condition. (3)


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2. "Stranded Again," ''Dubuque Daily Herald'', December 2, 1894, p. 8
2. "Stranded Again," ''Dubuque Daily Herald'', December 2, 1894, p. 8
3. Ibid.


"History of Dubuque and Dubuque County," ''Telegraph Herald'', January 15, 1939, p. 5
"History of Dubuque and Dubuque County," ''Telegraph Herald'', January 15, 1939, p. 5

Revision as of 22:29, 10 January 2017

Photo courtesy: Bob Reding

DUBUQUE LIGHT AND TRACTION COMPANY. The Dubuque Electric Railway, Light and Power Company purchased the Key City Electric in 1893. (1) The company after being placed in receivership was purchased by the General Electric Company and reorganized as the Dubuque Light and Traction Company. (2)

As early as 1893, Dubuque Light and Traction Company proposed a consolidation to the DUBUQUE STREET RAILWAY COMPANY. It was believed at the time that the latter company had more profitable routes. A disagreement about the division of stock prevented the merger from occurring. By December 1, 1894 Dubuque Light and Traction Company was placed in the hands of a receiver as the result of it being unable to pay interest on its bonds, pay its taxes, keep the property and plant insured and in good condition. (3)

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Source:

1. "Rumors of a Sale," Dubuque Herald, May 13, 1893

2. "Stranded Again," Dubuque Daily Herald, December 2, 1894, p. 8

3. Ibid.

"History of Dubuque and Dubuque County," Telegraph Herald, January 15, 1939, p. 5

The 1899-1900 Dubuque City Directory listed 558 Iowa. See: STREETCARS