Telegram-herald., 1889-06-15

Ehs (. a W. IA a A 80 hs Ballt TAroush q
~ thS straits

~ thS straits
/ Prem he M.skeEeg taraalelv.
Ihe prospects, zse excellent for an
earlg extension II t1e Ch,cags & Vest
Michigan Ealnay from BALDWIN q
: Traverse CITY For severed years tais
e2tensoa A2s been contemplated. sad
seteral surveys have beea made. Bald.
+ w.n, the present northern tsrsaua0s 81
/ TIE road. Is snaal iahnd p.aoe, ~heh
al best can hardly eApeei 81 besone an
important f4..road feeder. 10 tae
north Lies large uact of country reA
ga pane -na hard au.od-, With numerous
thriving towns and Villages IA-s ter
rltogy Is practically unlrSters,d by aas
railroad, the g. K. y l. line belas iaI
70 the east OF the proposed route.
Ia reference 10 th.s subject, General
| Manager Mullken, III Als last annual
/ report. said.
A survey was made during the early
/ part oI tic year and a ilnt located
| ir0m Baldwin to Grand Traverse kaV,
"A distance Of about seXeniN-1Ke miles,
| the cost OF which VAS s61589 Ihi,
! cAtenslon, II bullt, would, ln NY op.n-
/ Jon, add very largely t0 the earning ca
| paclty 0f oi our road, tuth lu fro eht
and passenger traffic. The lue passes
| through several lne tracts Oi hardwood
! timber and All agricultural country
and reaches some ol the bCst summer
resorts on the shore OF Lake Michigan.
/ Ihe expense oi construction would not,
| in uly Jud dgment, exceed sl3 ,Uh per
male, aud | believe that the traffic
| which would accrue L. our road 1iOia
| such additional hne would De sufficient
10 warrant the outlay necessary 10 Sc
| cure Il.
| During the past few months the plan
| for the proposed extension has been
| pushed along, and has gradually taken
| definite shape. The railroad company
has been cOnferrng with leading cltl-
zcns of the principal towns along the
| route, and has placed before them
what would be required by way of local
AID. The building of the road has been
| largely conditioned on the extension oi
| tins and, which now seems 20 be practl-
| cally settled in favor OF the road all
| along the line.
| The Chicago Times of Yesterday pub
1
| ton: The Chicago ~ West Michigan
| directors issued circular today offer
| mg the right to their stockholders 20
| subscribe TO 81 900, 900 OF the securities
| of the company 10 complete a seventy
| five mile extension OF the line from
| Baldwin TO Traverse City. For each
sixty shares of stock the holder thereof
Il gwen the right 10 subscribe Tor Il
block consisting of $1,000 > per cent.
mortgage bonds and five shares OF com
mon stock at $3.50. The subscription
| books Will be closed July B."
| This afternoon representative of the
Chronicle showed this dispatch TO +. y.
Minis, attorney for the {. II ". NJ, and
asked If he could give any further IN
| formation. Mr.. Nlms stated that he
had not received a copy OF the circular
| referred to, but from preliminary tram
| sactlons with which he was familiar he
presumed the dispatch was correct.
The railroad company has been perfect
| ing ITS plans with a view 10 making tins
| extension III the near future and had
| gone far enough To make this the next
| step TO be taken. This shows that the
| company stands ready 10 do its part,
! and that the road will be built If the
| people along the line do their part.
do you apprehend any difficulty IN
| getting them to do thlsY
| NO. | think all the more important
arrangements have been completed, >"
| said Mr.. Mines. There may still be
some things OF minor importance 10 be
| settled, but you may say that the plans
are practically finished, and the road
| will be built as soon 10 possible. Work
Will probably begin about the 10th OF
| July and the greater part, if not the
entire road, Will be built this year"
Tins extension viii open up large
territory which promises To make Won
| dcrful prOgress.In growth and develop
ment. 1t Is also immensely rich ID
! forest products which viii thus be made
| directly tributary TO this city. \ glance
at the map will show the importance 10
| this city of tins extension, provided
| shrcwd business foresight and energy
| stand ready to improve the ODDOTtIn-
tiles thus offered. While this territory
| viii thus be brought as it We're, right
| to our door, the same NAV be sad with
| respect t. competing cities. 50 that
| Muskegon Will enjoy no monopoly nor
even any great railroad advantage IN
reaching out to supply the trade of
| this vast section, or to receive from II
| It's raw materials. But viewed in any
| hight. the building of this road can not
| fail To be OF great benefit 10 Muskcgon.
| while the possibilities which it offers
are most important and far reaching