Western liberal. (Lordsburg, N.M.) 1887-1919, 1893-08-04
THE NEW RAILROAD.

INC news auOub JuC southern "a
cidc buying the Arizona s. New Mex
loo railroad printed In the last LmER-
AL created a good deal Of interest,
not only in Lordsburg but IN other
places that are interested In the road.
There has been considerable doubt
expressed as TO Mr.. H%untington's in
tentions in this matter. That Mr..
Huntington intends to do something
and that Mr.. Garland is not satisfied
about the building of the road from
Bowie to Globe is to be seen by the
following clippings from prominent
newspapers:
"Mr. G. p. Huntington states that
the Chesapeake and Ohio Southwest
ern road, running from Memphis to
Louisville, is for sale, and that he
wishes to dispose Of all his railroad
property east Of the Mississippi River,
so that he can give more attention to
the management Of the Southern Pa
ciac and its GRANDCHILDREN York
Financial Record.
"An important meeting Of the
Southern Pacific directors called for
July 10th has been postponed until
September 18th on account of some
i%nformallty In the advertised notice.
The objecto Of this meeting is to au-
thorize a new bond issue Of $50, 293, 500.
1t is not proposed to float these bonds
on the market or to increase the in.
%debtedness OF the corporation to that
amount. 1.-THE Southern Pacific
has absorbed certain small lines and
built others by creating an indebted
ness other than is represented by
Southern Pacific bonds. This new
issue is partly intended to take up
either bond issues and substitute for
the straight Southern Pacific bond.
1t is also partly for the construction of
new lines and other improvements
San Fran~.sco Chronicle.
1.-THE latest news with reference to
the building Of the Bowie s. Globe
railroad does not sound so encourage
ing. Apparently the amount required
TO purchase the right Of way from GER
tain individuals along the route,
which was only So, 5OO-an insignia-
cant amount when taken in connec-
tion with a railroad enterprlse-was
not forth coming and a r%e-survey was
ordered to run a route away from the
inhabited portion Of the valley. A
chief engineer was engaged and with
a corps of men commenced work, but
at the end of two days, a telegram
was received from the promoters, dir
Getting the discontinuance OF all work
and the discharge Of corps, which was
promptly done. What this e we
leave readers to judge, but it is
probable the tightness of the money
situation made it obligatory to aban-
don the idea at least for the PRESENT.
Wilcox Stockman.
1t will be seen from news items in
two reliable papers so far apart as New
York and San Francisco, that Mr..
Huntington is at work on something.
The item in the Wilcox paper shows
that something has scared Mr.. Gar
land up and that he will do nothing
with his road until he finds out what
is to be done on the route from Lords
burg.
The Southern Pacific will need
more water here. Sometime since
the company was negotiating with
the owners of the Jerry Boyle mine
which supplies an enormous quantity
of water for that property, but refused
to buy it because it was not patented.
This week appears in another column
the application for the issuing Of a
patent to the Jerry Boyle. Another
straw.