Tag: akron
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More Carbarns
Last week we looked at the car barns of Cleveland after the formation of Cleveland Railway. Of course, all trolley systems needed barns and maintenance facilities. Here are a few more city facilities located in Northern Ohio. Akron’s Northern Ohio Traction & Light, later Akron Transportation Company’s Kenmore barns and shop was a major operation.…
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Paying for the Trolley Lines
Because of the high cost of building electric railways, the promotors followed steam railroad practice, selling stock, which made the purchasers joint owners of the business and entitling them to a say in how it was run. People purchased the stock so as to share in the expected profits. However, because sale of stock diluted…
