The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1892-02-26
CASTLE ROAD.
Discussed by Hon. Il. G. Collins IN
the Great Falls Tribune
An Assured Fact.

"A ou can put 1t down IN large
black letters that the railroad from
Great Falls to Castle will be built
this summer" This was what Hon.
L. G. Collins said to representative
of the Tribune last evening. 'It
will not only be built, but will be in
running order by the LIST of Scptem-
ber, if not sooner" continued Mr..
Collins ''and it will be Great Falls
and Castle road in every sense of the
term"
This is certainly plain statement
and it is found on facts that since
they have come to light can mean
nothing else than that the Great
Falls and Castle railroad is assured
beyond the shadow of a question.
The whole matter has hinged upon a
mining deal which is at last an ac-
complished fact and it will be but a
few months now before the much
talked of railroad is also an accom-.
plished fact.
In the Rocky Mountain Husband
man OF last Thursday appeared the
announcement that the firm of j.
Kennedy Tod 4 Co., of New York
city had purchased controlling in
terest in the Cumberland Mining
and Smelling Company of Castle,
the transfer having been made
through G. E. Severance. Inquiry
of Mr.. Collins as to the truth of this
elected from him the following state
ment of facts in the case:
For some time past the banking
firm of J. Kennedy Tod & Co. have
been quietly negotiating for the
purchase of certain mining proper
ties in and near Castle. They have
finally succeede in securing the
controlling interest in the Cumber-
land Mining and Smelling company
and also some fifteen or twenty
other prospects. These properties
have been purchased by the firm of
Kennedy Tod Il Co. and other New
York capitalists with the full inten-
ton of building the road from Nei-
hart to Castle.
Though J. Kennedy Tod, the head
of the firm, is director in the Great
Northern Railway company, the road
will not be built by the Great North
ern company, nor by Mr.. Hill, but
by friends of the above mentioned
company. The firm of which Mr.
Tod is the head have been the finan.
cial agents of the Great Northern
company for several years and have
placed all the bonds of that compan,
during that time, including the
bonds>issued for the Pacific exten
sion. This firm is financially one o.
the strongest in New York and the,
have made all the arrangements nee
essary for placing the bonds of the
Castle road. The road will conse
quently be built largely by New
York capital, supplemented by what
ever amount is subscribed by Mon
tana capitalists. No bonus o.
subsidy will be asked though it viii
be asked of the people that the,
donate the right of way. The peo
pie of Great Falls, Castle and Nei
hart will also be asked to subscrib,
to the capital stock of the company
The first of September will see tn,
road in operation. The articles O
incorporation Of the new compan,
will be filled shortly and the organ
ization will be perfected as soon a
possible after that. 1t is the inten
ton to begin work Oh the road a
soon as the weather will admit of il
Certainly the work will be wei
under way by the middle of Apri
> and if all goes well the road will b
in full operation by September.
The Montana Midland will be tn
name of this new road and it will ru
from Neihart to Copperopolis, the
to Smith Camp and from there u
through the gulches up to Castle
This road is entirely practicable an
comparatively easy. 1t has bee
supposed that great difficulty would b
encountered in getting from Ne
hart to the top of the range, bp
recent surveys made by the Grea
Northern ailroad show that th
difficulty does not exist and that
perfectly feasible route can be foune
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