| Owen Toll Roads | |
|
|
The Louisville Courier Journal, on December 6, 1896, ran a county by county synopsis of what was happening in the various counties on toll gates. Here's what they had to day about Owen County: "Owen county has 250 miles of turnpike, on which there were about fifty gates. All of these have been destroyed. The turnpike
question there is approaching a settlement. It has been voted on twice
and carried by immense majorities. A suit was brought last summer
enjoining the county from purchasing or maintaining pikes by a number of
pike men, the tax having already been levied and was being collected. A
few months later suit was brought, and just before Circuit Court gates
on every pike in which the county had an interest were torn down and
orders left to collect no more toll. Since that time only a few gates
were replaced and they were again destroyed. At the last term of court
the suit was dismissed and the Fiscal Court has been in session trying
to contrive means to make the roads free. The following plan had been
agreed upon and will be submitted to the different roads, which in all
likelihood will be accepted, as the county owns a majority of the stock
in all the roads in this county but three. The basis value of roads to
be bought shall be no greater than $1,400 per mile; the basis earnings
shall average 12 1/2 per cent. for a period of six years; the road shall
be in first class condition; the roads that pay no dividends shall be
condemned. Under this proposition the value of turnpikes will be
reduced by seventy-five per cent. of their face value. The roads will
be maintained at present under the old road system on account of the
levy being nearly up to its constitutional limit. The sentiment here is
very strong for free roads, and it is doubtful whether the people would
permit the gates to go back even if the stockholders refuse to accept
the proposition by the court. |
|
|
|