Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-08-04

| Will be cut down considerably. An oitor
| VIII be- made TO establish WORKING treaur
| with the other roads, aud the Formation Of
now Canadian board will be quickly proceed
| cd with.
Judge Newman of Atlanta has appointed
| Mr.. A. H. blanchard receiver for the Co
| luuibus Southern railway, operating fron
columbns Ia Albany a distancc Of cighly'
| seven miles Tho line was built IN 1850
and since lts frst operation has not been
| very strong financially Whml II was trai
! built st,US7 90 OF bonds bearing . pei
cent. Interest were issued In February
1875. the road defuultcd on The interest
nnl u * alleged that II has continued ia
default since that time.
Tho Galveston. Lnportc and Houston Rail
road company. which has completed ltH I'm
from Houston to virginia Point. cOmmonce'
on July " tho construction q 10 bridg
across West Bay TO connect with the ISLAM
| division, Under The contract tho bridge q
10 be completed n 100 days, In the mean
tnc, the Galveston LaP0rtc and Houston ha
arranged with the international and Gtea
Northern for the uHo NJ their bridge and q
expected to have trains running into Calves
ton ~ the noxt 80 days, II VIII require nbOu
ton days to complete tho Grade Of the ialAn,
section o. tho irncklaying thereon win b
finished by August 10
Mr. W u. Tcngnrdcn. MlnoOa Tex. s0oro
tAfy OF tho MinoulA and Pittsburs railroad
writes NJ that the work Of clearing tho righ
" way and grudlug Ia now under WY, ant
Two and half mites have been graded. Tbs
work o. construction IS being done by tn,
lAlHuuu company uulcr tho direction OIL
W.. u. VI; Bruce general SUPERINTENDENT and
chlot engineer This road is a local indie
pendent line with tho. following officers
PrWiiont q y Read. Mnoola, Tex; vice
president, w. q, llnrgtuye, Plttaburg, Tex
secretary W - Toagardcn. Allno0ll. TOY
assistant secretary, ". J, Slngletary. Pits
Mineoa Tex assistant treasurer J. Il
ADAMS. Plttshurg. Tex general suporintnn'
dent aud chief engineer. II. II. Bruce
Mineon, Tex.
H..
ngilhat tho Philadelphia and Reading rail-
wny for HOOOUOO damages, alleged 10 have
been loss suffered by the former because
"" latter broke a coal agreement. The
dispute originally arose Ia 1881. hut has
since been Hluuhrrng In June Of thnt
wear tie Recalling contracted to deliver
To the Pennsylvania road iOpO,0OO tons OF
anthracite coal annually at the nearest
intersection Of the two llucs 10 puttsyiiic
va early mud frequent controversies arose
over the ngfromrni mud hullly IN 1870
me liendine people revoked H. Now the
ichhsNiNanla courts nrr uskUd to order the
Increment binding nnd That n muster be np-
pointed to take testimony and to award
dhu1rcs.
Chicago railway men laugh at the Idea
Of operating trunk Hines by electricity, aud
sny electricity has slgunlly failed to prove
~ utility for runs longer than twelve or
nttuen miles, Tie report that the Chicago,
Milwaukee and st. Paul road was 10 build
uu electric line 10 Evanston It's coutrndlctpd
Wy icnerAl Manager Earring, and the chi.
'f'hF tlNN 'lNhi NtHIfIN INllul Is NltN re-
pulsed Tor want NJ proof Inmes Peabody
uf THE HALLWAY Review" says tile Nnn-
ihHkct test NJ the comparative tractlyC
powers Of steam and electric engines IN a
farce. "Ihc heavier engine VIII outpull
the lighter every time" he said Yesterday
.Ihc reason for THIS Is that the wheels
SIP the trucks. The ouy fair test would
he on cog tracks, In the Worlds fair
tost the steam engine outpullod the elcc.
trlc and this because tho steam engine
weighed NNty.hyr tons and The electric
ItiN tons. Just before the test took place
asked the superintendent NJ the electric
company why be- did NOT weigh tho electric
engine down with pig Iron To hnluurc tho
other He replied TINT lf he ala SO hp
could not turn the wheels
Much hns been written md published
about the probable onrly foreclosure NJ the
Government mortgage upon the property NJ
the llulpu Purlnu railway and about tho
drfnulted Interest charge upon the govern
mput debt. Thu "ruhuhrs" Dtnnhn cor.
respondent claims To have come Into pos
session Of rVts which show that tho gov
cfumcht has 10 legal mortgage upon tho
Unlon Pacific property To foreclosure, aud
that no default ln payment Of hicrCst can
now Doe shown aud that the government
can not N 70 would flruouse ou my part
of tho debt prior to january, 1SHs, II the
moneys, the correspondent s1ys which the
iHcihc rAllroudH rlnlm from the guvcrn
menl for services rendered We're allowed
and ndlcd to tue .iul,ng fund the gross
amount would hr sufficient "a meet the
entire Interest and urli clpa and interest
chhrgcs accrued an United states bonds
up 10 the Issues due In Jnruury 1893,
There " No attempt made, he says, to cN.
cusr, oonunnr 49, In any way pllliNtc tho
manner In which the finances Of tho Union
Fhrlhc Wrru engineered during the early
existence uf the company The question
was, not ser fnr nH the line itHrlf liz con.
crrncd, one of vengeance or rrtrIhutlnu for
wrong dnlugs In the pHsi, but rather To
Snyc To the government as uuch Ms ppa,
lhly can be- WiNcd from the wreck Of these
properties. Whatever frauds may hnyN
boon committed IN the pnst Vt * clulmpd
the cumWiuy its"lf has not been benefited
thereby hut tutlrr the treasury and tie
rOad Itself has been exploited. whereby
Individuals, and many NJ them have be.
come enormously rich mud the property
hns become deprecated uul dUspuilcl,