St. Paul daily globe., 1893-05-24
To Connect the Twin Cities
With the Head Of Lake
Superior.
The st. Paul, Minneapolis &
Lake Superior Is the New
Railroad.
Plenty of Capital Behind It.,
and the Shortest Of the
Routes.
Delegates Named to Attend
the Lake and Gulf Rail-
road Convention.

The Twin Cities are to be more closely
connected with lake navigation. A new
railway corporation has been Instituted
for the declared purpose of constructing
and opening line between these cities
and the ports of Lake Superior, and the
articles of incorporation were filed In
the office of tue secretary Of state yes
terday.
1t is project of no little magnitude.
as is easily observed by the articles of
association. 1t is related that survey
is to be made for the proposed railroad
along the border line of the states OF
Minnesota and Wisconsin, direct from
st. Paul to the lake, and provision is
made for branch lines and spur tracks,
elevators, warehouses, mills, depots,
machine shops, foundries, car shops,
and everything that appertains to a
completely equipped railroad. The
principal place of business will be the
city of st. Paul, and the capitalization
is s4,000.0O0, while the origin of the in
stitution will date from the 1St of May
just passed.
The liability Limitation fixed by the
corporation IS S2,00O,00O, and this is to
include all bonded and other indebted =
ness. The capitalists who have inaugu-
rated the project are Donald Grant, ID.
w. Grant and K. d. Chase, of Fari-
bault; Samuel Grant, of Sioux Falls;
Frank Ii. AnsOn, of Minneapolis, and
William Dawson and Moses Z. Clapp,
of st. Paul.
The management of the affairs of the
corporation is placed in the hands of a
board of directors, composed of seven
men. who are to be elected annually on
the first Tuesday in January, and the
first election is to occur next January.
On the same day the officers are to be
elected, consisting of president, vice
president, secretary and treasurer. For
the purposes of the organization, Don
aid Grant is the declared president, K.
ID. Chase the vice president, Frank ii.
Arson the secretary, and William DaW-
son the treasurer.
The project has been talked of for
some time, and week ago the promot-
ers held a meeting in the city of West
Superior and prepared the papers for
the articles of incorporation. The name
of the company is the st. Paul, Mime
apols 81 Lake Superior Railway COM
pany.
A preliminary survey has already
been made. The line will be 1876 miles
i'll length, nineteen miles shorter than
the line of the st. Paul IL Duluth
road, which is now the shortest
road to the head of the lakes. The
road will not run to Duluth, as the pro-
motors of the plan have the impression
that the city of West Superior will be
the chief terminus of the lake head bust
ness. The freighting and shipping
Will be done in Superior, and, whatever
business comes from the city of Duluth,
will be taken across on a transfer line.
The maximum grade of the line will be
2619 feet. less than OF any competing
lines.
The Messrs. Grant are railroad con-
tractors and they promise to have the
work completed within year. The
work on the construction will be COM
menced within thirty days. 1t is sup
posed by some that the Chicago, Mil
waukee & ST. Paul line is backing the
enterprise, but this is not assured. The
line will be an important addition to all
of the cities with which it connects.