Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1888-06-23
NICARAGUA CANAL.
AARuzl MsthBg Ct the Canal COnsgIuc
ION Company Beid a. DrhYsr-
Capital sock S10O,000,000.
60 Incorporate Immediately Under the
Laws Of CGlOrsoo-Dirt crOTs ChOBen
aud OficeIe ElscIed.
specisl to the Gazette

| Special to the Gazette
DRIVER, Col, June % AT the annual
meeti Of the stockholders Of the Mes
r.gua Canal Construction Company held
mere last night it was decided to walt 90
longer for Congress- to grant them c char
ter, butte incorporate immediately under
the laWs Of Colorado. The decision WAS
arrived al for several reasons, one being
that the laws of this state give them
greater scope under wIiCh to work thar
they could expect to get from Congress
or from spy other state, and another i'm
portsnt fact is that the railway facilities
OF Colorado are better suited to item n IN
sry other state in the Union. Reports
from the engineers cow ia the
I'D were received giving the es.im ated
cost Of the canal a. $50, 600 COO. II
order 70 have sufficient money to cover
I'll EXPENSES the company tecidLG 20
double this amount spd incorporate WIZ
. capital stock of 800 eco 06S The head
flee vii! be ia Deavrf. Among those
present were: Hiram Hitchcock, o8Der
Of Flf,h av4lue hotel; Frank Billing,
* preside q the Norr1sTn Pacific;
J. F. O'ShsUg3ness-, scuthera cotton
oil producer, ROW o New York; Charles
p. Dalg, * Chie' justice Il tn ,urt Of
Common Peas, New Y TX; z. L. Hotch-
kss, oaIker, Neg YJIk; A. j GIiller,
msusger If the Boston and P;ovideuce
Railway Compsnv, NV YurE; Colonel II
C TaYlor. Um:ed States nav;
G Ridgely Goodwin, Baltimore; Alex i
Mason OF the law firm Of D'ilT, White &
Masor, Nav York; Allen F. Hedges, n W
York; k A. Lancaster, representing The
Louiel3na stockholders; T Clancy,
president CT the Garfield National Bang
New York, snd frances L. Stout, pres
dent Of the Njcs.sgua Caral Company.
The directors chosen ere as follows:
Frances L Stout, Hiram BitchcCcs,
Frederick Billings, J. 81. Onslaught essy,
Charles h Daily, Horace L Hotcnkiss, J.
". Miller, H C.Tsylor, c. R cgely G 1od-
win. Alexander 7. Mason, Allen F
Hde, R. A lancaster and A. c Chc-
ney.
The officers elected are as f2Tnwe:
President, FiaEci5 a. Sou, New YarF,
vice pre- sldept, Ii. C. Taylor. UEi.ea
States Nsvg; J. ". Miller, New YORK,
secretary; II K Hoicc kiss, NV Yurk,
treasurer; attorneys, D.l7, Waite &
Mason.
The company decided to Eeeia work Oh
the canal September l, ard cE,culate t.
nave i: comp .6ted and il ogern ion il i've
years. Tue directors are to take pre-
.!minsry s,eps ana act upon the reports
placed upon fe. This metti-g WI
ne held in t5e NV YGk cfic:
n taw DAYS. Thu rou.e Of Iae csra. il
rom GrsyGoUn Oh rhe Cz-ri1Ds:1 s=a u
Bit on The Pacif; ocesn. l. goes u
,ne River San Jusn ana tAcrce 70 L1za
Nicaragua. The totsl length is Glmos.
all WAC, with TIE exception Of 4 fort
mile excavation. rs superiority
10 t1e Panama route mas 81
ready been demonstrated in the
press, through government reports
and IN TIE discussion in Congress Tia
directors noted y.!th satisfaction that the
platform InIroC uCsd in the convention a.
Chicago about the hour they themselves
were in session, favored the construction
Of thsi: route.