Encyclopedia Dubuque
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KEY CITY ELECTRIC STREET RAILWAY COMPANY: Difference between revisions
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The Key City Electric Street Railway Company was organized in 1889 by the Key City Electric Company. In 1891 it operated a line between the Kansas City depot and West Dubuque and was burdened with many financial debts. During the winter of 1890-1891 it operated only three cars and had less business than the previous winter when it operated only two. With debts of $80,000, it went into receivership around 1891 and was sold to the 8th Street and West Dubuque Railway Company, part of the Allen and Swiney Company. In the same month, the council gave the company permission to operate its line from the Western Brewery to Schueller's store in West Dubuque using horses. The company's machinery was not powerful enough to operate in this area and the receiver did not have money to purchase new equipment. (1) | The Key City Electric Street Railway Company was organized in 1889 by the Key City Electric Company. In 1891 it operated a line between the Kansas City depot and West Dubuque and was burdened with many financial debts. During the winter of 1890-1891 it operated only three cars and had less business than the previous winter when it operated only two. With debts of $80,000, it went into receivership around 1891 and was sold to the 8th Street and West Dubuque Railway Company, part of the Allen and Swiney Company. In the same month, the council gave the company permission to operate its line from the Western Brewery to Schueller's store in West Dubuque using horses. The company's machinery was not powerful enough to operate in this area and the receiver did not have money to purchase new equipment. (1) | ||
In June 1892, the railway was sold in foreclosure to William Doane of Cincinnati, Ohio. He told reporters that the line could be made profitable with extensions and improvements and invited local investors to join in the venture. When local investors failed to come forward, Doane failed to pay the $25,000 to the sheriff, so the railway was again put up for sale on August 27, 1892. (2) | |||
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1. "Can Use Horse Power," ''Dubuque Daily Herald'', December 10, 1891, p. 4. | 1. "Can Use Horse Power," ''Dubuque Daily Herald'', December 10, 1891, p. 4. | ||
2. "Will be Sold Today," Dubuque Daily Herald, August 27, 1892, p. 4. Online: https://news.google.com/newspapers?nid=_OG5zn83XeQC&dat=18920827&printsec=frontpage&hl=en | |||
[[Category: Transportation]] | [[Category: Transportation]] | ||
Revision as of 02:35, 4 November 2016
KEY CITY ELECTRIC STREET RAILWAY COMPANY. The failure of the STEAM DUMMY did not bring an end to the need for transportation for the hillside area of Dubuque.
The Key City Electric Street Railway Company was organized in 1889 by the Key City Electric Company. In 1891 it operated a line between the Kansas City depot and West Dubuque and was burdened with many financial debts. During the winter of 1890-1891 it operated only three cars and had less business than the previous winter when it operated only two. With debts of $80,000, it went into receivership around 1891 and was sold to the 8th Street and West Dubuque Railway Company, part of the Allen and Swiney Company. In the same month, the council gave the company permission to operate its line from the Western Brewery to Schueller's store in West Dubuque using horses. The company's machinery was not powerful enough to operate in this area and the receiver did not have money to purchase new equipment. (1)
In June 1892, the railway was sold in foreclosure to William Doane of Cincinnati, Ohio. He told reporters that the line could be made profitable with extensions and improvements and invited local investors to join in the venture. When local investors failed to come forward, Doane failed to pay the $25,000 to the sheriff, so the railway was again put up for sale on August 27, 1892. (2)
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Source:
1. "Can Use Horse Power," Dubuque Daily Herald, December 10, 1891, p. 4.
2. "Will be Sold Today," Dubuque Daily Herald, August 27, 1892, p. 4. Online: https://news.google.com/newspapers?nid=_OG5zn83XeQC&dat=18920827&printsec=frontpage&hl=en