The Wichita city eagle. [volume] (Wichita, Kan.) 1872-1883, 1879-07-24

Il C. Wood Davis returned ffoa st. Louis
Sunday night, coming west To Oswego IN
company with Superintendent Regsrs. All
the information heretofore publisked by the
EAGLE Of the actions Of the directors and Of
hcers Of the St. Louis San Francisco Con-
pany are substantially correct. The locating
line Of engineen are working through But
Ter this week and win be into Wichita in .
few days. The grade corps are working with
great energy, and the directory still claim
that the Arkansas river will be reached by
January first, the time fixed by the contracts.
Mr.. Davis will be here for day or two.
The st. Louis Glcbe-Democrat Of Saturday
says, Of the meeting Of stockholden that oc-
CURED in that city on the 18th, the formal
meeting commenced at noon, but subse-
quent conference was prolonged until . late
hour in the night. The proposition submit
ted to vote to increase the bonded debt of the
company d, l0O0 900 in order to acquire the
Missouri 4 Western Railway and to mortgage
that road to secure its payment, received
202 ,6l3 votes Of the shares present In person
and by proxy, in its favor and none in the
negative. BY the same vote the agreement
with the st. louis 4 Wichita extension was
ratified, rs also to guarantee the bonds issued
for that purpose and to lease the road.
The change in the management Of the road
will not take place until August 1, at which
time the st. Louis & San Francisco Company
will take actual possession. The Missouri 4
Western Company's general Offices have been
In Carthage, but the change will remove them
to st. Louis, much to the loss Of Carthage and
to the regret Of its business men. This pur-
chase gives to the San Francisco Company
entire control of all railroad business in
Southwest Missouri at present, It having re-
Gently purchased the Joplin & Girard road.
The nearest road not owned by It is the Mis-
souri, River, Fort Scott 4 Gulf, which runs
| from Kansas City to Baxter Springs, Kansas.
In view of the fact this latter company has
| already commenced building branch from
Baxter Springs to Joplin and Carthage, on
| which work is being pushed rapidly, and
much of the grading Is completed on the west
end. With these new lines built-and there
Is no doubt of their completion inside of q
year by the Gulf Company lively fight will
come up between Kansas City and St. Louis
for the southwestern trade, and also between
the two mammoth railroad companies on
freight rates. Altogether, the recent railroad
changes in Southwest Missouri and Southern
Kansas are of great Importance to this sec
ton of the country and to st. Louis, and will
doubtless eventually prove advantageous to
the agricultural and commercial interests Of
this section.
Mr.. S. L. Davidson, of this city, now IN
New York, writes us private note under
date Of July 18th, in which he says: 81 call |
ed this afternoon on the Seligmans, at their |
banking house in this city. and with them |
had very pleasant interview in relation to
the construction of the st. Louis & Wichita |
Railway, in which they assured me that the |
building of the entire road is under contract |
from Oswego to Wichita and that 1t is to be |
completed to Wichita by the first Of January,
1882 Mr.. Davidson says he will be home in |
about four weeks.
All this is most encouraging, but somebody /
will have to excuse our skepticism. We
have full faith in the intentions and the let
ter Of their contracts, but it is only q little
over five months till January and If they
reach Wichita at that time ii will be the fast
est railroading yet in this State.