The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-29

The railroad mems meeting, held
last evening at Armstrong; hall, dr. wv
q much larger audience than was pres
ent on the former occasion. Aside rom
the railroad men were present the
business, the real estate and the min
ing men, all evidently intent on the
same mission, j. e, to devise ways and
means 10 advance and promote the
building Of q railroad to the west.
Chairman Mclean called the meet
ing to order, and Secretary Murphy
then read the minutes of the previous
NEE ing. which were approved.
President Vroman then took the
floor and again proceeded to cover the
ground thoroughly in all things relat-
ing to the proposed line from San
- to Salt Lake as has already
hen published in The Herald eXclu-
sively. This he did Tor the purpose of
tnlightening The great number pres
ent who hau not previously been made
acquainted with the details. Having
finished, he then invited anyone pres
ent TO ask any question for infOrma-
ton. and running fire of questions
cnsued that kept President Woman
there was a decided ENHANCEMENT of
IDEAS. In the end it resulted in some
nok~ ideas being developed that later
arf~Tay result in some changes being
made in order that the articles of in
corporation. which were drafted in
accordance with California statutes,
may be made to conform to Utah laws
governing in such instances.
J. ii. WhalCn put the query, can
any but railroad men hold stock?''
President NrOman explained that the
majority OF the stock, to effect con-
troll, must be held by railroad men, At
the outset the railroad men of the
country would be given the first show
IN order to demonstrate their ability
to Gerry out such plan of co-oberation
as outlined.
Mr.. Whalon then desired TO know if
the stock was assessa BILE. If so, then
fSKeTy stakeholder would he liable for
any Indebtedness incurred, and pri-
waite property could be levied upon.
President VrOman did not so under
stand It. whereupon Attorney Murphy
arose 10 explain 10 him our territorial
laws governing stockholders.
Another query propounded was.
suppose the road is not self-sustain-
ing, then what?"
President Vroman explained that a
contingent fund was provided for. and
mat there could be no doubt as to the
ROAD paying when once built and
equipped.
Mr.. Whalon then made an argument
eoVocatng the issuance of stock
Dohds' claiming that so soon as
portlSlT OF the road was built If could
be As}de9 and work pushed sncb
poIssT1o revert back to the stockhold-
efs aeAln. The people of Utah y-o,iI5
respond literally to such a nas e11,e
anu II would ena ole all those along the
toule 70 particip, re and feel that they
", mfIe not shut out They would give
TIo co al, anu provisions in great quantity.
60 oa vas IN position to guarantea
S'V,VVO towards the enterprise if "a
rled out on such lines. - oai-
John W Smell followed in . ILL.,
VEN He desired that a prosnectue he
Ieao winch he put forth two years 400
oI road TO Deep Creek Permission
was granted and Secretary NTI,,-11.,.
read 1t hale through. when Mr. Spn Iii
reviewed the reading of the reroainCle,.
supplementing it with ali argument in
FAVOR OF bonds and thereby rushing
lhe work to earlier completion.
Al TINS point President Woman in
lefposed with the mild statement thai
a. tiTe matter now stood, the promo
oh could not well be amended 70
an the different views that
FnlSht be taken, no odds how worthy
or the motives prompting. Much time
and labor had already been expended
and the San Diego people thought
themselves clear and acting for fhe
best interests of all so far.
Conductor Haverly. of the Union
Pacific, was an enthusiast on the nro-
Ject though he feared that on com
pletion some roads would reduce
tar1tfs TO the extent Of freezing OUT
the railroad mems road
NJ Sharp dwelt at some length on
the project. and believed that it could
be carried through successfully.
While the meeting last evening was
productive in measure, it deveIoped
that discussion outside of the railroad
element will not tend TO bring llranim-
ity Of action on the part of those with
out the fraternity, if last night was a
fair sample of what is to follow. If
appears that all classes of our peo-
pleASave conceptions of railroad build
iHs%and plans galore how best to pro-
cure coast railroad and are intent
on airing them now that opportunity
presents itself. A diversity of opinion.
however. Will result in everything be-
ing carefully weighed.
Adjournment was had to meet next
Monday evening in 3. of l. Z. hall.
Odd Fellows building at o'clock
2. m.