The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1882-05-14
From Cheyenne NorthWa d
and to the Yellowstone.
The Dakota, Wyoming & Western
Railroad Company
SHES Its Castor into the Railroad Ring
The Charter.

aAAAN III rANA ENSN~aNJ SSAAN 'NJ
important articles of incorporation.
They are those of the Dakota, WyOm-
ing & Western railroad company. The
new company, it will be observed by
the articles below, intends TO run a
branch from Cheyenne northward, but
whether 1t will do so should the WyO-
ming Montana q Pacific company
grid up its lOins and go to work, re-
mains TO be seen. Our people have
seen so much of railroad building
done on paper that the new company
will be regarded with distrust until it
demonstrates business by goiDgto work.
There is nothing to prevent it from be
ginning active operations at once. 1t
can make its surveys, file plats in the
interior department and go on and
build. OF course it will have to avoid
the surveys already made by the Wyo-
ming, Montana e Pacific folks, but
then these only extend only a short dis.
lance above Fort Laramie. The new
company is simply carrying out Jay
Gould's project. 1t was his aim to run
a line from Cheyenne to the Yellow
stone, but he was opposed by Sidney
Dillon, so he withdrew from the active
management Of tie Union Pacific, and
Dillon had his own way with the Ore
gon short line.
1t looks as if the roads that were aim
fng towards Deadwood were looking up,
for manifestly it is intended that the
new road shall connect with some n
already built, but which, we shall not
learn until the contents of the articles
Of Incorporation of this road, filed in
Dakota, shall discl pse.
While a ''boom" is the natural result
of railroad movements such a. these,
we could scarcely advise anybody to
make big investments in consequence.
If the'new com ANY means business it
will go to work in short order and with
dispatch. Then there will be time to
juOilate. If it is only a fine, first-class
''squet zer,' the fact will soon be dis
covered. At all events, all can afford
to wait. We have done with booming
paper railroads, and are anxiously wait
ing for a genuine tie and steel rail road.
When such IA one looms up we will
throw our hat as high aud huZza as
loudly as the next enthusiast.
The following are the articles of in
corporation uf:-
The Dakota, wyoming Il Western
Railroad Company.
Know all mon by these presents: That we.
viz: William J. Nichols, Franklin H. Smith,
Thomas N. wagstun. and Austin rtevens,
residents OF the city Of New York, State OF
New York. and robert w. Kennedy and HeC-
tor u. Mackay, residents OF the city Denver,
state OF CoIurado. and Jams HALEY, resident
OF Rapid city. In the territory OF Dakota. and
all being residents OF the United States of
Am, rica, desiring to associate ourselves to-
gether AS n railroad company for the purpose
OF constructing, owning, maintaining, and
o Grating, railroad ana telegraph lines with
In the ,%CrritOry Of Wyoming, in the United
states OF America, do hereby voluntarily
make, sign and acknowledge these articles Of
Incorporation in words and figures following
to-wit:
lsT. The name OF the corporation shall be
The Dakota, Wyoming y Western Rallroad
Company.
2SD. The object for which this company is
formed is to acquire. own. construct, main
tain. equip, and operate. railroad mud tele-
graph lines in connection herewith, In the
territory OF Wyoming.
5RD. The amount OF the capital stock OF
the company shall b. twelve million five
hundred thousand 1912, SOC, 900 dollars, divided
luto one hundred twenty five thousand
C25 .UOOlshhres OF one hu.4dred (slOOl dollars
each.
5ru. The term ofcxIstcnce OF this company
shall be nny years.
9TH The number of trustees shall be seven,
who shall manage the concerns OF the said
company, and exercise the corporate pow, rs
OF the corporation, md William J. Nichols,
Franklin II. Smith. Thomas II. WngstafT, and
Austin Stevens, residents OF New York City,
state OF New York, anu Robert ". Kennedy.
and Hector D.. Macksy, residents OF Denver,
Colorado. and James Haley. OF Rapid City,
territory OF Dakota, shall be the directors for
the first year and until their successors are
elected and duly qualified. and enter upon
the discharge OF their duties, said directors
shall have power to make all necessary by
laws.
9Th. Powers and Privileges. This COM
pnny shall have all the rights, powers, prlvI-
leges and franchises that may belong or be
Incident 10 railroad corporations organized
under the laws OF the territory OF Wyoming,
aud TO acquire and hold all the railroad, rele
graph and corporate properly and franchises
which may at any time be conveyed to II by
any person, persons, corporations, towns,
city, county or ter itory, or by any railroad
company or telegraph corporation, and shall
have the further power to purchase, lie Sc, ac-
quire, construct, own, equip, maintain, and
operate any railroad or railroad branches,
and telegraph lines connected herewith;
make railroad connections and consolidate
with any other railroads. and TO sell, transfer,
lease and let any OF the said road that 1t may
so acquire and own in manner provided by
law; to cross, intcrsect, join and unite It's
railroad with any other railroad, or Mt any
point in Its route and to connect at the Ierri-
toriaI line with railroads OF other states and
territories; TO erect and maintain nil neces-
AIRY ana convenient buildings, stations. FIX
lures and machinery Tor tho accommodation
Of It's passengers. freight and business OF
whatever name and nature: from time to
time borrow such sums OF money rs may be
necessary for completing, turuIthlrg, equlp-
Ing, and improving or operating any such
r dlruad aud telegraph lines, and to Issue, n =
gotiate. and dispose OF lt- bonds, for my
amount so borrowed. and to mortgage It's
corporate property and franchise TO secure
the payment OF any debt contrnc ed by this
company Tor the urpose- aforesaid. In such
manner ms the stockholders re- reseuting n
majority ofthe stock of this corporation may
direct.
7rH. The iermini. or places from and to
which such railroad and telegraph lines are
tn ha rnpsfrtr.fat nNVr,H FnaNLtaNH.1 ,,.F