While Edward Fletcher, Glenn G. Howe and Arthur Newby were the three men who formed Diamond Chain, Newby would go on to become a huge part of the Indianapolis landscape. Besides being a very good friend of the legendary Carl Fisher, Newby was  one of the fathers of the still highly esteemed, Butler University, as well as the Indy 500 Motor Speedway. Newby also built the oldest still standing structure in the US that made motorcars, the cavernous and widely respected National Motor Vehicle Company (located next to the Monon Greenway at 22nd in Indianapolis). He even built the Newby Oval, a short lived velodrome (1898-1902)  in Indianapolis that was lighted and once one of the best in the world.

As for the Newby Oval, it was a quarter-mile board track  that had a football gridiron in the infield and was located at E.30th Street and Central Avenue. It had a 15,000 seat grandstand and the famous six-day bicycle races were originated by Arthur Newby at this velodrome. Marshall Walter (Major) Taylor, the famous black bicycle racer born in Indianapolis, for whom the present Indianapolis Velodrome is named, raced at this location for three of the four years it was open.

Other posts about Indianapolis history Martin Krieg created as he wrote "How Indianapolis Built America" are at this link HERE