Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-31

property was involved and bound, have been
unraveled, the great project has been fully
carried out, and the new st. Paul, Minneapo-
is d Manitoba railroad company, taking the
place Of the old companies, with all the in
terests and claims adjusted, has in its possess
sion and ownership two lines of railway,
traversing the finest portions of our fertile
State and extending from St. Paul to the
Manitoba border, with branch pointing
westward through the great wheat belt. The
st. Paul & Sioux City railroad company,
from local corporation, with seemingly a
feeble hold upon short and dependent road,
has developed into great corporation with
a grand trunk line, the eight arms of which
lay hold upon four States and one great
Territory and reach out towards tho Western
fields Of gold. The Hastings & Dakota ex
tension has opened the upper valley
OF the Minnesota and started cities of the
future on the shores Of Big Stone Lake. The
st. Paul & Duluth railroad has passed into
the possession of capitalists under whose
auspices contributory railways are to be
built in the valley of the st. Croix and the
pine forests of the North. The Chicago, St.
Paul Minneapolis and the other companies
have largely increased their facilities for
business and their tributary roads are being
extended into regions which will add 10 the
trade of ST. Paul while swelling the trans
portation of the main roads. Bnt most
significant, perhaps, Of all are the changes
of the year which have fixed the
HEADQUARTERS OF THE RAILROADS
and their commanding interests at St. Paul.
These changes are leading to great local i'm
ProVements, such as the Union depot, head
quarters buildings, machine, car and repair
shops, stock yards, elevators, terminal and
transfer yards, etc., while these in turn are
leading to new business enterprises and en-
larged sources of trade and facilities of man.
ufaoture.
SIXTEEN DIvERGING LINES
of railroad practically terminate in st. Paul,
IS follows: The Chicago & St, Paul, river
division; Milwaukee & St. Paul, Iowa diyis
ion; Hastings & Dakota, St. Paul & Sioux
City, Worthington & Sioux Falls, Black
Hills Branch, Blue Earth City
Branch, st. Paul & Manitoba.
mein line, st. Paul g. Manitoba,
branch line, Northern Pacific, St. Paul &
Duluth, st. Paul & Saltwater, St. Paul,
Saltwater 4 Taylors Falls, Chicago, St.
Paul & Minneapolis, North Wisconsin, and
Hudson & River Falls. They send into st.
Paul every day over one hundred trains, and
the companies can hardly keep pace in the
supplying of facilities with their fast in
oreaslng traffic.
ST. Paul, minneapolis g. Wanitcbu.
At the close of the year 1878 there were
few readers of this article to whom the s,tua-
ton of the st. Paul & Pacific property and
franchises did not seem hopeless confusion
of conflicting titles and claims, in which
enterprise was fast bound and the vast in
terests involved were inextricably entangled.
But there men who did not
despair of reacuing this valuable property.
Messrs. Norman w. K1ttson and James j.
Hill of st. Paul had the sagacity to see the
opportunity and they enlisted with them
Donald J. Smith and George Stephen of
Montreal. These mon after a multitude of
delays and obstacles brought most of the
parties in the way of settlement to an agree
ment to terms on which they could be re-
tired and the titles to the property be con-
solidated. And right here, it is we'll to rec
ognize at once the great service these gen
tlemen have rendered to Minnesota and St.
Paul in carrying their purpose to its present
completion. They have made the grand
scheme of the organization of the st. Paul
Il Pacific railroad an accomplished fact
and in less than a years time have sur
mounted and removed obstacles which have
for years thwarted the plans of experienced
railroad builders and financiers and denied
the hopes of thousands of people dependent
upon and waiting for the coming of the rail:
road. They have consolidated the detached
fragments into great double trunk line oil
railway, and their work stands a marve
among the wonderful achievements of west
ern railroad men.
The basis of ENHANCEMENT was laid in The
passage during the last legislative session, Of
an act which permitted any railroad corpora
ton, organized under the laws of this State
to buy in any railroad property and fran
chises sold under mortgage foreclosure
Early in May sale of the branch line OF
the st. Paul & Pacific, from St. Paul to Saul
Rapids, was made under foreclosure of wha
was known as the $2,soo,ooO mortgage, ant
it was bid in for Messrs. Kittson, Hill
Stephen and Smith, who organized under the
general laws of Minnesota, and adopted tn
name of the
ST. PAUL, MINNEAPOLIS & MANITOBA
railway company. Subsequently and aftel
this organization foreclosure sales of the St
Paul & Pacific and First Division of St
Paul & Pacific property were made, as TO!
lows: First, under the $e,OOO,OOO mort
gage, the whole of the main line, so called
from St. Anthony station to Breckenridge
Second, under the $5,oOo,ooo mortgage, thu
first $50 miles of the main line, on which
it was the prior mortgage. Third, under thu
100000 mortgage, the branch line, St
Paul to Sank Rapids. Fourth, under the $15,
100000 mortgage, the St. Vincent extension
as located and partly built, from st. Cloud t.
st. Vincent. The new corporation was
the purchaser at all of these sales, which
were confirmed by the courts having juris
diction, aud in June last the new compan,
took possession, with clear title and all tn
old conflicting incumhrances and leual com