Weekly Phoenix herald. [volume] (Phoenix, Maricopa County, Ariz. Territory [Ariz.]) 1882-1896, 1882-11-24
ARIZONA cisAsTRAL RAIL
ROAD.

and has obtained a charter for the
road, an a part of the capital stock
paid up. 1t will seek guaranty
from Congress this winter for the
bonds issued. 1t is sincerely to be
lhoped that the company will be sue
cessful IN the financial aid which il
seeks that We may speedily have an
opening to the world for the great
trea sure Of country which consti-
tutss Central Arizona. The railroad
must come frat from some source be-
fore development can go forward to
any very great extent. We clip:
Another very interesting matter
has just been made known here by
tho recent obtaining OF charter for
the Central Arizona railroad, in
which a goodly number of President
Arthur's appointecs are Interested,
which is backed by Simon Cameron,
Don Cameron and Senator Logan,
and which relies upon the guaranty
OF eight millions and quarter of its
bonds by the National Government
at the next session Of Congress. The
officers of the road are: President,
Mr.. Toole, Of Hudson & Co., bankers
Tucson, Vice-rresident and man
ager, N. Y; Secretary, United States
Marshal Tidball; Counsel, District
Attorney Zcbriskie; and Treasurer,
Royal u. johnson. of New York.
The Directors in addition to .hese
officers are: Senator Logan, Simon
Cameron, Don Cameron, Governor
Sheldon and General Atkinson, of
New Mexico; Attorney General Rob-
inson and Judge Hoover, OF this Ter
rito!y, and Judge Brice, of New Or
leans. 1t will thus be seen shat the
Attorney General, Judge Of the First
Judicial District, United States Mar
shall and District Attorney, are among
the incorporators of this railroad,
which surely should not lack for
legal talent, and which, considering
its backing. may fairly be called a
Stalwart enterprise. The charter
was obtained under the General
Railroad act by fling map and the
papers with the Secretary
of State, Van Armin, and each coua-
tY through which the proposed line
runs. The capital is fixed ct %, $780,
0o0. The amount subscribed Is $780,
900, of which 10 per cent. or $4,000
has been paid in. Bonds are to be
Issued to the full amount Of the cap
ital, and early in the session Con-
gress is to be asked to guarantee
these eight millions AID quarter of
bonds " for the benefit OF this Terri
tory, the railroads in which have
never had any federal aid" say the
incorporates. One of thsm added
in speaking with me: We've got
influence enough to get this thing
Congress, and consider
ing the political backing and
he power of Administration
1 thought it not Nh
likely. The route of this road will
DO from Casa Grande. q station on
The Southern Pacific west Of this city, |
nearly north, touching Phoenix and
Prescott, and passing through con- |
siderable grazing and mineral land |
o the Atlantic and Pacific Railroad, |
which will be reached probably at I
Did Hualapai, some twenty miles be-
ov the thirty-fifth parallel. Thence
he projectors intend to run ever the
aud Pacific track west,
the Colorado River ut the |
,nly available peint-the Needles
md thence to build narrow guage |
forth through the corner of Cali
ornia and Ncyadato meet the Utah
southern Railroad at a point near
he Mormon Range on the Utah line.
The importance of this line comes
rom the fact that the incorporators
re in sympathy with the Southern
Pacific For some time it has been
,nown that the latter road were dis
atisfied with the maintenance of
hat unproductive portion of their
ines across the wastes Of southwest
arizona, aud across the great Color
do desert in California. The ques-
ion of taking up the rails between
asa Grands, Arizona, aud Los An
eles, California, on the completion
( the Atlantic am Pacific, has been
everal times under consideration.
he completion of this Central Ari-
ona and Of the Atlantic and Pacific,
owever, will give through line 200
lilies shorter than the present route
yer the desert, and which is expect
d to lessen the time between New
'ork and San Francisco via the
outhern route by day. An officer
f the Southern Pacific is reported to
ave said Informally that the track
his road would be taken up be-
Tsen Casa Grande and Los Angeles
hen the new Central line was finish
i. In that case the Central Arizona
i'll form a connecting link b-tH eel
lie Atlantic and Pacific, which is
ontrolled by this Southern Pacific
nd the Southern Pacific proper to
i Paso and the Huntington South
IN iranscontinental route. Although
lis proposed line is in perfect &C
ord with the Southern Pacific, it ia
aimed the latter has no pecuniary
lterest. The bill asking guarantee
its bonds will be introduced at an