Chicago, June 1. - It is reported that the next big railroad deal in connection with the western roads will be the absorption of the MIssouri, Kansas and Texas by the Illinois Central. The basis of this deal, it is said, will be either a perpetual leave of the "Katy" property by the Illinois Central, on the guarantee of agreed dividends upon its entire issue of stock or the exchange of the stock for bonds guaranteed by the Illinois Central on the same plan as Burlington stock has been exchanged for bonds guaranteed by the Northern Pacific and the Great Northern.
For many years Harriman interests have had a strong representation in the Illinois Central and now they are the predominating power in the Missouri, Kansas & Texas affairs. The most recent undertakings of the Illinois Central have been in reaching out for Omaha and St. Paul traffic, and in arranging to participate to an appreciable degree in transcontinental busisiness.
NY Times June 2, 1901
Some miscellaneous railroad history tidbits around Burlington, WI and the surrounding area.
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