The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1880-03-09

A HERALD reporter on yesterday sent ny
his card to DR., j. q. Graves, President o
the Trunk Line railroad, who with his family
is stopping Mt the Grand. Windsor with til,
request for nm interview. llo was ushcrct
into the parlor where DR., Graves, Mr., Jno
f. Ely, socl,holdcr in theroNd and Colonc
j. B. Simpson, the company's attorney, were
seated. DIR. Graves and Mr.. Ely are Eastern
capitalists, and the latter is railroad builder
MS WELL who have invested some means
and expect TO invest yet more
if certain conditions are fulfilled
in the Trunk line road. DR.. Graves gave the
scribe y hearty greeting, but in reply to AZ
inquiry after the health of the road, said he
he had nothing ofimportance to communicat,
ut present. Mr.. Ely expressed himself in 4
similar manner and both gentlemen further
stated that they had come to Dallas at THU
time not so much TO impNrt rs to obtain for
themselves, information concerning tho affairs
and status of the road. They were
interested no little in the Dallas ~ Wichita
TOHu, anu WtIb w Nv llcullS pltuScu Nv tuS W
gal turn which affairs seemed about to take.
Dr. Graves is n stakeholder in the Dallas ~
Wichita, and in common with Mr. Ely, had
cherished the hopc that Henderson would be
able to extricate that road so far from its diff
tcultics as to admit otnegotations looking to
its consolidation with the Trunk road.
Should the pending suit in the Federal
court result in the threatened foreclosure
such consolidation would, Of course, be out OF
the question. Colonel Simpson was asked
whether consolidation of the two roads
would in any way impair the charter granted
to the Dallas e. Wichita, and gave it as hi,
opinion that it would not; but to make ms
stlrance doubly sure, virtual consolidation
could be elected without any reference &c
the legal points involved by the separate
control of the road by the same directory ant
officers. Neither gentleman thought
however, that there was much hope now OF
affecting any such consolidation. This char
ter of the ID. & W., by the way, is worth cap
turing, as its like will probably ne'er be
looked upon again in Texas. 1t exempts
from taxation the road and all its property
until its completion, and gives the company
sixty years in which to complete it.
The reporter then put the question, the
scheme of consolidation being considered as
abandoned, what were the chances of the
early completion of the Trunk road by and
in it.elf. To this, both DR.. Graves and Mr.
Ely made answer that no finer project hat
ever presented itself to their minds than the
Trunk road to run from Dallas to Sabine
Pass. 1t would prove paying investment,
and they were in earnest in what they hat
undertaken, the one as President and both rs
stockholders of the road. Work was pro
crossing, and considerable cash had been ex
pended, without calling on Dallas people tC
subscribe to an enterprise which they
felt assured would soon commend
itself to the public. meanwhile the road will
be pushed ahead
Scarry Bros, who have the contract for
grading twenty miles of the road have sub
let the first five miles to a party at Sherman
and beginning at a point six miles from
Dallas, will put force Of thirty men and
teams at work this morning. The good worl
cannot proceed too fast.
The directory are confident of completing
the road to Kaufman in less time than tivt
months: that is to say, the cars will be run
ming to that place within that time. There
is plenty Of tie timber along the line, anC
after getting two miles beyond the city limits
ties can be procured rs low as twenty-five
cents each. DR.. Graves Is very pleasant
gentleman. and seems in earnest about build
H. 4t;s ~.Nnl