Encyclopedia Dubuque
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DUBUQUE LIGHT AND TRACTION COMPANY: Difference between revisions
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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) | 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) | ||
On January 30, 1895 the company began installing a new trolley wire for the main line. The process began at the northern limits of the line and used wire heavier than the one replaced. (4) | |||
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3. Ibid. | 3. Ibid. | ||
4. "Caught on the Fly," ''Dubuque Daily Herald'', January 31, 1895, p. 8 | |||
"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 18:52, 16 January 2017
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)
On January 30, 1895 the company began installing a new trolley wire for the main line. The process began at the northern limits of the line and used wire heavier than the one replaced. (4)
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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.
4. "Caught on the Fly," Dubuque Daily Herald, January 31, 1895, p. 8
"History of Dubuque and Dubuque County," Telegraph Herald, January 15, 1939, p. 5 See: STREETCARS