The Fitzgeralds Go.West

Chicago's five Fitzgerald brothers call themselves "just a bunch of farmers trying to run a few busses." To the list of 31 cities in which the brothers already run their "few" busses and streetcars, they added another last week—Los Angeles. Through American City Lines, Inc., a subsidiary of National City Lines, Inc., top holding company in the Fitzgerald chain, the brothers bought the stock of the $50,000,000 Los Angeles Railway Corp. from the estate of Henry E. Huntington, one of the builders of the Southern Pacific Railroad, and collector of art, books and legends. A group of 14 investment banking...