The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-04-09
The Capitol Syndicate Abont to Drop
Their jumbo Job
10 AVOID LOSING BIG SUGAR.
Iho Great Gall of tho Greer County Gang
OF Builionaires-rhe New Lana
Biil the Hope of a Monopoly
Other State Items.
CHAPTERS OF SPICY READING.

AUSTIN, April s.---[spoclal. 1T ia
current here that the capitol contractors
have secured aoout as much Texas ter
ritory asthey desire and intend retiring.
leaving tho state to complete the
cspitol az best she may. One O
the capitol commissioners, when an
preached on the subject TODAY. said
ne heard the rumors, but knew nothing
definite. From the conversation had II
appears that the contractors have h.d
patents issued to them covering 4O0.O01
acres OF iand, valued by the state AT IN
cents per acre. This indicates that the
work completed cost $240,000, the state
navlng retained 20 per cent. on esti-
OF only 100000, which they will have 10
pay II they relinquish the work, malxinS
the total cost TO them, with tho bond
Sii0,OUO. In addition TO this thew have
cSnstructed q few miles of railroad.
costing some $4,000, purchased
an engine for 5000, which. To.
gether with other expenses. will
possibly increase their outlay 10 $500 ooo
the sub-contractoTs having furnished All
tools, derricks, etc. The lands, as now
Saiueu Dy the state, under tho new law.
are worth sSOV,OOO, giving the contrac,
toIs soVV,OVO on their investment, If they
Ietitei ana ~ seems probable tbey wifi.
An editorial in the Phhadelphia Times
Few weeks ago, on the Texas STATE
mouse, sad II was q physical impossi-
Dlilty 10 construct a baildinR OF its
dimensions and requirements for less
than 9lO,VO,O0O, and that the state would
% fortunate II IL was COMPLETED for S2O.-
100000. The Chicago syndicate seem 10
thlnk so, and gracefully retires early
with $3OO,9OO profit, leaving the state
the bag TO hold and wrestle with
tne expensive part OF the structure.
helatlve to the order of ths Franok-
iyn ana othsr cattle companies alluded
W ~ the special irom here last night.
southern ranchmen hero informed tha
HERALD correspondent to. day that thew
would pay no attention to it. He was
also informed that the words "adiacent
counues" incorporated in the order are
there simply to delude, as all The conn
panies signing 1t are in Greer conntv
~ Is surmised they are In oolluslon far
1ne purpose OF defeating the olaim Of
Iexas 20 the territory, hoping thereby
40 eJsgI All claimants under the author-
Ivy ol leXas ana secure control OF the
en.ire county. For thls object the
sult now pending In the Uuited 9tetaS
court nc Waco has been instituted. ana
u wiz be pushed for an h is warth
Cattlemen and others having Iooatiors =
IN the county by virtue Of certi6eates
issued by the state are interested. and
u ls understood will appear 10 malntain
thelr rights.iu tho case, the ierl .Inasion
ol which, II IL believed, will virgrelIv
setlle the question as TO the ,iispnted
boundary lines. 'N'''
CULLINds.
me Crescent City Insurance companv
palo III fees due the state to-day So01'
Inc comptroller deposited N5OlO IN
the credit OF the available school fnnd'
letter sceIvad to-day from a prorai-
nent citizen Of northwest Texas saws IL
the new lend law Is permitted to 20 into
euect IL VIII ruin that section bv ner-
nltting tie purchase and oopsecrent
control OF all watered sections Inv large
syndioates and cattle companies. n 1s
SAID that ono large company now mas
% actual settlers ready 10 locate upon
as many waterod sections, giving them
control tor years Of vast area Of Graz.
ms groands. The bill remalns nm
signed, and as TO whether the governor
@ill approve 1t, there are conflicting ru-
mors.