New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-03
Showing as a practical
surplus over the in.
terest charges =
$265,O0O

or an 90 c}g,l ,& e ih% yeP %dg, Interest
!, Wa IN ne MN, Of ID. torgonE fact, that this com
q Zoo 600 % me G nTs9.' Of WV" 0% s IN sa @
improving the pir'%ML main me I,IynE II Win have,
Win II" most lmpT'Ncl standard gauge "quipm"nt and
paTt I Dies, limprovcmens the gradients win be
fa1g1iy improved aad nc Inc ma"riaiy .,Fase'S9'd ani
IA distance being raycd, while the lin" VIII be rmoyri
to bc nsnla ton to d,.tSaelyS wa.houisa
Eth-5l per cent OF me cntr and oyrr 40
Due to tho carasS Of eq2 In ' EG oe
rScdn oI.nins along The ar line a6ut mriwsy q it.
length Of extensive dposs Of coal rnCn ni,er Iho,oggh
ch"aness With which t may ," produced to sny hereto
purR" tnc, IN he ,npnrc Of XII. coal trail "a wei
silver and smelling Industry Of Utah peculiarly d
rspTeIGrci 10 Us that assured tho smelling bust
s,Sc nDm % az II has tc IN Coor,o also that such
Development Of the principal interest ~ Oh" country
rgrcnaI Tncrrantc ani other business o Utah and
s| ych o. Of |ra from Cooraio to the Pacific
california now being erected at th"r new nhneN
which ar, n"nr opened on seal" 10 produce Loo tons
othnr than coal due making the gauge uniform with
hat Of The trunk rnes east " n" Rocky Mountains aL1
not secured irs share the existing trac and travel BE-
wScp ST Missouri TIE s a rccor, o. The AsstCH
oT The s! c1TS @H'IS G rf c 81 the
orrnge but It's four powerful trunk line connection,
ro under the ccntro Of their competitors except by
rGTS unborn 'I gHasr S Rio TadS wcsn line should
a. S "Tfo a. F Fa ss 4 G a. anropH. o. tho Den
cT and rio GrsRs wcs,rln RAILWAY ycIiaed hy NJ H.
n Ruklsy an export in all dpatmorts Of railrcRi book
keeping ard management, ard nan OF large experience
and excellent reputation. Tie saws:
tie year is-s and OF actual liabilities
Eo Fn S to ne GSnis1 statement! nT exhibits Sccomp,ny
rg my uIl report have 70 say frat they clearly sho"
i1t tic trnnc ~ tho lin" l. rcIdIly On n" Increase
II have carefully aDaNyef tho plan ot porganiTaunn
AID rca.onug from the statements therein IN connection
with Rathcrci during examination ot II" property
and account. venture Tho assertion that II carried out
earnings viii only pay It, GNct charges but IN the
near future dividend on a.. preferred stool"
the gauge and improving md cQulupnR the UrcSt ruai
have verified by Mr.. Robert Moore, G. H. whom tho
rcmu.t'oe employer T. mako the DccrsGry investigation
Stunning up tho rosu'a ~ my investigation viii say
that md Cob Dodge plans r changing tho gauge aud
n, work accessory thereto, u b. carefully dgrscd and
"ks regards the cost Of the work. his estimates and
mine. though made by mothpf' wholly different. diner
which mako moro ample provision than h does and
IN the cost q grazing ard bridging a. e. which for the
surveys. yet completed, show this addition to BE-
unnecessary.
tho gauge and building the line up tho Grand River TO
GlenWOOd Springs I am fully convinced. and think that
when these both done he value OF the property
whole will b. at lca7t doubled"
Eighth-Thc money realized from this issue Of bonds
viii be deposited In trust company OF New.Yok 20 D.
in tho execution 81 tho plan Of reorganization this
Tho Boari Of Directors for tho hrst year shall 30
Nintb-The liked charges per mile Of the wdcned.
improved, and ycquipped road win be substantially
quatoly Qulpped narrow.Raugo line.
TAnth-ThA works nAsAasarV To eamDlete standard