78 
NEWS AND ITEMS. 
company has outstanding 158,620 shares of stock of the par 
value of $10 each. Aside from 120 shares of this number, the 
amount paid in was $5 per share. It is estimated that in one 
way and another there may be realized for the stockholders, $2 
per share, leaving three-fifths of their investment a loss. The 
vehicles cost the company about $3500 each, and it now owns 
109. The depreciation, of course, will be severe. The cabs 
will probably be sold in other cities where the conditions are 
more favorable to operation. The Illinois Electric Vehicle 
Company is an off-shoot of the Electric Vehicle Company of New 
York, from which the local company purchased vehicles. It 
agreed to pay the New York concern 2 per cent, of the gross re¬ 
ceipts, and to give it 20 per cent, of the local company’s capital 
stock. These two contracts have been canceled by Mr. Insull, so 
that in the distribution of assets only stock on which money has 
been paid will receive any returns. The company has had the 
best of management, and the board of directors was made up of 
prominent local and New York capitalists. The directors are: 
Samuel Insull, C. E. Kimball, Robert T. Lincoln, C. K. G. Bill¬ 
ings, Edward L. Brewster, Levy Mayer, Robert McA. Lloyd, 
Martin Maloney, and Harry Payne Whitney .—(Chicago Inter- 
Ocean , March 5.) 
Removing a Horse’s Lung.—Remarkable Operation 
of a Local Veterinary—Animal is Now as Frisky as a 
Colt. —The following article is taken from a Springfield (Mass.) 
newspaper, and is published without comment : “ At the horse 
hospital of Dr. E. C. Switzer on Jefferson Avenue is a frisky 
big-boned draft horse whose liveliness would seem to belie the 
fact that rude hands had penetrated his innermost being and 
abstracted a section of his breathing apparatus. The operation 
was not only the means of prolonging to a good old age the 
life of a valuable horse, but it marks a new era in the field of 
veterinary surgery, being the first operation of its kind of 
which there has been any record. The horse that was a short 
time ago relegated to the grave is now fattening up and champ¬ 
ing in a stall impatient for its release, despite the fact that the 
greater part of its left lung has been removed. The horse was 
sent to Dr. Switzer by its owner, suffering with what had pre¬ 
viously been diagnosed an abscess formation in its stomach. 
There was seemingly no hope for the animal and the owner 
was willing that it should be condemned to the rendering 
works, but Dr. Switzer was of the opinion that the horse’s 
life could be saved, with its usefulness unimpaired, and he 
