WOULD SELLTHE LINE
Milwaukee Offers Racine Southwestern Division at a Bargain.
AT 25 PER CENT BELOW COST,
Reason for tha Reported desire of the officers to Dispose of the Branch Is That It is Not a Paying Investment, Although the Impression is Company has always Been Doing good Business.
The officials of the Chicago, Milwaukee & St. Paul road desires, it if said, to sell the division extending from Rock Island to Racine, Wis., for the reason that it is not a paying line. An offer has been made to Milwaukee county for the sale of this line, but whether it will be accepted is a question.
Although this division may not be doing a large business as far as passenger traffic is concerned. the line does an enormous freight business, and every day a train of from fifteen to thirtycars is brought into Rock Island and the same number taken away from here.
Benjamin M. Weil has been authorized by a leading oflicial of the Milwaukee road to say that, the railroad company is willing to sell to Milwaukee county its Racine & Southwestern branch for 25 per cent less than its original cost and about 50 per cent less than it would cost to build it at the present time. In addition to this, according to a statement made by Mr. Weil, the company would lease to
the county its Milwaukee terminal facilities for 25 per cent less than the real estate could be bought and terminals built by the county.
Cities on Division.
The Racine & Southwestern branch of the Milwaukee road begins at Western Union Junction and from there goes directly southwest. The principal cities it touches are Burlington. Springfield. Elkhorn, Delavan, Clinton Junction. Beloit, Rockton, Freeport, Kittredge, Savanna, Fulton. Moline and Rock Island, on the Mississippi river. The entire length of the line is 196 miles.
- Rock Island Argus 2/22/1900
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It is said to be extremely doubtful that the Milwaukee County Board will order an election called to vote $800,000 aid to the railway project known as the Southwestern. Milwaukee is now pinning its faith to the Wisconsin Central.
- Manitowoc Pilot 12/7/1899
Milwaukee Offers Racine Southwestern Division at a Bargain.
AT 25 PER CENT BELOW COST,
Reason for tha Reported desire of the officers to Dispose of the Branch Is That It is Not a Paying Investment, Although the Impression is Company has always Been Doing good Business.
The officials of the Chicago, Milwaukee & St. Paul road desires, it if said, to sell the division extending from Rock Island to Racine, Wis., for the reason that it is not a paying line. An offer has been made to Milwaukee county for the sale of this line, but whether it will be accepted is a question.
Although this division may not be doing a large business as far as passenger traffic is concerned. the line does an enormous freight business, and every day a train of from fifteen to thirtycars is brought into Rock Island and the same number taken away from here.
Benjamin M. Weil has been authorized by a leading oflicial of the Milwaukee road to say that, the railroad company is willing to sell to Milwaukee county its Racine & Southwestern branch for 25 per cent less than its original cost and about 50 per cent less than it would cost to build it at the present time. In addition to this, according to a statement made by Mr. Weil, the company would lease to
the county its Milwaukee terminal facilities for 25 per cent less than the real estate could be bought and terminals built by the county.
Cities on Division.
The Racine & Southwestern branch of the Milwaukee road begins at Western Union Junction and from there goes directly southwest. The principal cities it touches are Burlington. Springfield. Elkhorn, Delavan, Clinton Junction. Beloit, Rockton, Freeport, Kittredge, Savanna, Fulton. Moline and Rock Island, on the Mississippi river. The entire length of the line is 196 miles.
- Rock Island Argus 2/22/1900
=====
It is said to be extremely doubtful that the Milwaukee County Board will order an election called to vote $800,000 aid to the railway project known as the Southwestern. Milwaukee is now pinning its faith to the Wisconsin Central.
- Manitowoc Pilot 12/7/1899
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