Gary Connecting Railways Co. - 1915 dated $1,000 Certificate of Deposit for Gold Bonds

$1,000 5% Gold Bond. Certificate #10! By 1911, it was obvious that the future of the GSB&C Air Line railway could only be secured by providing an immediate connection with the streetcar network of Gary. So, on 1 June 1911 a company entitled the Gary Connecting Railways was incorporated as the second wholly owned subsidiary of the GSB&C. It immediately began construction of a connecting line, beginning at Broadway & 11th Avenue, downtown at Gary, and running down Central Avenue to East Gary. This was opened on 6 January 1912. (East Gary used to be called Lake Station, but changed its name to East Gary in 1908. It changed its name back to Lake Station in 1977, owing to Gary having become a post-industrial slum.) The line was completed to Woodville on 14 August 1912, and made a triangular wye junction with the Valparaiso and Northern Railway at a spot called Woodville Junction, just south of the latter's bridge over the B&O railroad and on the other side of the latter from Goodrum.

An important aspect of this connecting line was, that the route ran along the authorised route of the original Air Line scheme from East Gary until it met the B&O railroad at a location called Babcock. It then hugged the south side of the railroad until it reached Woodville Junction. The direct skew bridge under construction over the railroad at Babcock was abandoned. This was the definitive indication that the dream of a Chicago to New York express line was finally dead.