To W. E. Travis of Oakland, Calif., go the kudos and the profit of arranging for the transcontinental motor stage system. He is president of the California Transit Co., which maintains a daily bus service between Los Angeles and Portland, Ore., 670 miles. That route is the spine of the score of bus lines it operates along the Pacific Coast. Last year its revenues were $2,061,136.
Early in May, Mr. Travis and associates incorporated the American Motor Transportation Co. in Delaware to take over the operating rights and facilities of several bus lines in the East and Midwest. And last week (a fortnight later) Bond & Goodwin & Tucker, investment house was selling preferred stock in the company. California Transit controls the voting stock. Mr. Travis is president of both companies.
As projected the motor stage service will run from Los Angeles through Denver, Omaha, Chicago, Detroit, Kansas City. St. Joseph, St. Louis. Indianapolis, Pittsburgh, Philadelphia, New York.
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