Based in Camden, New Jersey, the company operated a patent for a motor to be used on tramcars on elevated railways using a master wheel which transmits power through large springs attached to a train of wheels on each trolley car. The motor would require its springs to be wound by a steam engine of twenty five horsepower at each end of the rail line, supplying enough energy to drive a rail car about twenty miles.
Capital $1,250,000 in shares of $10.