The herald., 1894-11-07
A NOVEL PROJECT.
RAILROAD MEN UNITING FOR CON-
STUCTION OF A ROAD.
Santa Maria Country to Be Opened Up.
Plans for the DsveIopmsnt OF
New TrsnscontinsntalL Line.
The Prospectus.

San Diego Union: Articles OF incor-
poration Of the San Diego Pacific Rail-
road company are about to be filed in
the county clerks Office. The company
10 q strictly new one. not only 20 an or
ganization. but in the plan outlined in
the prospectus. by which only railroad
mon are to hold stock in the enterprise.
The incOrporators and directors are G.
E. Mayne, ]. 8. Bachman, George F.
McCullooh. John W. Cook and Charles
L. Heartt, all Of whom are railroad men
by profession. Mr.. Msyne, the presi-
dent, was formerly railway tslegrapher.
but has been engaged for years % = pro
jeCtor and builder OF railroads. Charles
L. Heartt will be first vice. president 4
the corporation; George F. McCuIloch.
second vice-presidsnt; John W. Cook,
secretary and auditor; Joseph 8. Bach
man. general superintendent; II. L.
Barrows, land com missioner; the Mer-
chants National bank, treasurer; v. E.
Shaw, counsel; Frank Ethridge, attor>
ney; g. A. d'Hemecourt, chief en-
gineer.
The plan upon which the company
has been organized originated with .
local railroad man, who. finding the
idea popular. held conference with the
promoters Of the railroad enterprise
started about year ago by 9. E. Msyne
and associates. Mr.. Mayne had OBJ.
tanned franchises in the city to the water
front, right Of way through considerable
back country, numerous valuable subsi-
dies, end had built . portion OF the road.
The conference resulted In an arrange
ment by which the new company is to
supplant the one formed by Mr.. Mayne
and the enterprise 10 to seek capital
from the people who are vitality inter-
ested in the running Of railroads, and to
make q strong effort to get the railroad
men to join together and build q read
from the bay of San Diego eastward-a
road to be owned, controlled and opsr-
ated by themselves.
The incorporators believe that the
success OF the enterprise will be long
step toward the solution Of several very
serious railroad problems. 1t would
afford employ ment to host OF railroad
men now forced to be idle. 1t would
ALEC efford, they believe, q safe invest
ment and one easily made under the
plan that follows. 1t would give the
world lesson in railroading and show
that when the construction Is honest,
stock not wstered and the operation
economical, there 10 no need OF Q road
going into the hands Of q receiver. All
this would tend TO give capital conf.
dence and cause the construction OF other
needed lines.
The plan is to incorporate with q
capital stock Of $1,000. 900 and to issue
ckn NJ 80 EA
sessable. payable in monthly INSTALL
ments OF SO cents. Should 100000 rail.
road men subscribe to the stock it
struction, or in other words, would
build over ave miles Of road per month.
At this rate . road could be built 80
miles per year. II 10 expected that
perhaps 200. 1000 men will help, in
which case each month will see 10
miles OF track laid. II every railroad
man would take an interest and assist
in the project soon q great army could
be at work on the construction.
The road % surveyed BY competent
engineers would run through Numerous
large valleys and tap much rich coun-
try, and 1t 10 expected that property
owners along the line would assist gen.
erously.
Land as bonuses will be secured along
the line OF the proposed road, which
leads from San Diego through La Mesa,
Ell Cajon. Sycamore cation to Santa
Maria, AMI on through to San Felipe
pass across the desert to Southern
Utah and eastward, the plan
being to make it transcon tinental line.
The success of the enterprise depends
upon the backing given by railroad men
as subscribers, and Mr.. Mayne states
that he has received assurances from
thousands Of railroad men all over the
country that they would assist the en-
terprise in substantial manner. He
believes that fully 100000 men will be.
come interested. and has NO doubt Of
the support OF at least 150, 900 men. A
large number have already sent on their
Complying with the suggestions made
by the chambe. Of commerce, q citizens
committee has been selected,
Of Judge George Puterbaugh,
w. E. Howard OF the Howard CONNER.
cial company, and A. Dorsey, q leading
merchant. to whom will be
submitted report of all receipts and
of the road, together with
vouchers each month for their approval.