Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-03-02

pauy, Has to Say--O One Combin alton Con-
trolling Lines from St. Paul to Omaha, to
Chicago and to Lake Superior.
At meeting Of the directories Of the st.
Paul & Sioux City, st. Paul, Saltwater & Tay-
lors Falls and Hudson Il River Falls railroad
companies, held at the headquarters
of the st. Paul & Sioux City
company, yesterday, considerable business
fer of the Saltwater Taylors Falls and Hud-
son & River Falls roads to possession and con-
troll of the St. Paul d Sioux City company,
but in that connection nothing transpired of
public interest, the proceedings being merely
the formalitiss consequent upon the acquisi-
ton of the two roads by the st. Paul d Sioux
City company.
ELECTION OF OFFICERS.
At the meeting of the st. Paul, saltwater
& Taylors Falls directory, the resignation of
Peter Berkey, director and president, was re-
ceivsd and accepted and E. F. Drake, president
of the st. Paul & Sioux City company, was
elected director in his place. George A. Ham
iltOD, secretary of the St. Paul & Sioux CITY
company, was also elected director, to fill the
vacancy caused by the death of Horace Thomp-
son, late treasurer, and officers of the COM
pany for the ensuing year were then chosen, as
follows: President, E. F. Drake; treasurer,
G. A. Hamilton; secretary, E. W. Ruff.
AN INTERVIEW WITH NIB. DRAKE.
A representative of the GLOBE called upon
President Drake after the close of the above
mentioned meetings in which he had been en-
gagged during the day, and having obtained
confirmation of the above report, sought to
obtain something more of information for tho
public regarding the consolidation of the
St. Paul & Sioux City, its branches and
its late acquisitions: east and west. with the
Chicago, st. Paul & Minneapolis and North
Wisconsin. Mr.. Drake had evidently read, OF
been informed of, the publications heretot, 70
made in thu GLOBE, and regretted to say he mad
nothing additional to mmunicate. There
are probably some minor details of the matter
incomplete, and some consequences of the new
arrangement yet to be considered, concerning
which, it may be presumed, any public state
ment at this tim would be premature and
might be hurtful TO those most directly inter
ested. Thinking Lat this was the case, the
GLOBE representative refrained from pressing
his inquisitiveness in that direction and spoke
of the manifest interest of the public, espec-
tally in st. Paul, regarding the purposes and
the effect of the consolidation.
d THE FOURTH WARD SHOPS.
MIR. Drake had thought the appearance of in
terest, after what has been printed, was in part
from mere curiosity, but said, in answer to
suggestions of matters of interest, that it was
apart of the completed agreement that the car
shops are to be built this season in the fourth
ward, as planned and begun last fall. and as
described in the great st. Paul issue of the
GLOBE of December 3lst, last. He also stated
it as his opinion that the consolidated interests
would erect headquarters building here this
season. With regard to the
LAKE SUPERIOR CONNECTION
Mr.. Drake stated that they would have direct
line to the best harbor on Lake Superior, by
way of the North Wisconsin railroad, which
comes into the consolidation with its
land grant and will be completed
through to the lake as early as
possible. In this connection he mentioned
that the lands appertaining to the st. Paul i
Sioux City road will be placed in charge of E.
F. Drake and John l.. Merriam, as trustees
that the funds derived from them may be de-
voted to obligations of the st. Paul & Sioux
City company, for which the lands are pledged.
With regard to
TEE CHICAGO CONNECTIONS
Mr.. Drake stated that the consolidated inter
ests did not need and could not have any better
more direct connection than they had in the
Northwestern railway by succession to tho
Chicago, St. Paul & Minneapolis company's
contract Under this contract, which has over
forty years to run, the consolidated companies
have every equivalent of continuous
line of their ownership. They can make
rates as if it was all their own line
and can run trains into and out of Chicago.
They could not, if they would. build q more
direct line, and if they owned or wholly con-
trclled ths whole length of the road into Chi
caso they would not have any greater privi-
foc, Tor he nv<,ff asrl,k
and passengers between st. Paul and Chicago
than they will have under the contract between
the Chicago, St. Paul & Minneapolis aud Chi
caso and Northwestern companies. The con-
solidated interests might, however, have q more
direct route than now
TO MILWAUKEE
By the projected st. Paul Grand Trunk or
Wisconsin Central connection, and would then
have another route to Chicago, which they
could use, through Milwaukee.
The GLOBE representative here sug-
gested that it would be convenient
to him and might be relief to
gin to look for the probable personal changes,
concerning which a goOdly number of disinter-
ested parties are naturally anxious, and for the
formal reorganization of the consolidated COM
panies. Mr.. Drake was averse to fixing def
mite time but remarked that the
PARTIES TO THE CONSOLIDATION,
other than those resident here. being the own
ers and officers of the Chicago, st. Paul j.
Minneapolis and North Wisconsin roads, with
others who had come into the new arrangement,
were to arrive at Hudson last evening or this
morning. They were to hold a business meet
ing at Hudson to-day. relative to the affairs of
tho two Wisconsin companies, and were to
come to st. Paul this evening. He presumed
thew would look over the prOpertv and pro-
jects here in which they were now interested.
and thought it probable they would take trip
over the Sioux City road to inform themselves
by personal observations regarding its condi-
ton and connections and the work to be done
at the western end.
Grand masquerade and dress party at rink