The herald., 1895-08-11
A BIG railroad DEAL
Southern California Motor
Line Changes Hands
The southern PACIFIC GETS II
The Transaction Under Direc.
tiOn of the Court
FORECLOSURE PROCEEDINGS
Speculation as TO Further Moves of the
Company
Era Of Railroad Building Expected Soon
to Set In
Agents Are Epgaged In Securing Rlght-of-
Wsy at Several Points ts-Chino the
Objective Point
FORECLOSURE PROCEEDINGS
Speculation as to Further Moves of the
Company
Era Of Railroad Building Expected Soon
to Set In
Agents Are Epgaged In Securing R,ght-of.
Wsy at Several Points Chino the
Objective Point
Associated Press Special Wire.

Southern California motor road was sold
today to the Pacific Improvement COM
pany for $167, 100. The sale was made
by master in chancery of the United
States district court OF Southern Califor
MA, in accordance with decree and no.
tice of sale Made and published in the
case entitled the Union Loan and Trust
company against the Southern California
moto road and others. Suit was brought
to foreclose $ll7, 600 first mortgage bonds
owned by plaintiff and decree was ob-
tained in accordance with the PRAYER of
the complaint. One OF the conditions of
the sale was that the bidder should first
deposit in tho hands OF ths master in
cnancery $25. 900 to insure good faith.
The Pacific improvement company was
the only bidder. There were present q
laree:number of attorneys representing
plaintiff and defendants, also HE. Hun
tington. G. +. Crocker and ]. A. Muir o:
the Southern Pacific Railroad company.
There were allowed costs. among other
things SIS. 900 attorneys fees and $4,000
per year to I. II. Polk. receiver OF the
road. Before the sale was made in chan
Gerry it was announced that no bid would
be accepted for less than 100000 The
bonds for which the road was sold are
now in the hands of the Pacific Improve
mcnt company and it is understood that
the road wa, actually purchased for the
Southern Pacific railroad. and will'be in
corpora:ed into the System as a branch
road aud as an extension OF the proposed
new route from Los Angeles to Pasadena,
Pomona, Riverside, san Bnernardino
and Redlands. The motor road is about
fourteen miles in length and runs from
Riverside to Collton and San Bernardino.
1t is a valuable property and while IN the
hands of the receiver has more than paid
interest on tho original investment of
$l25.000 and running expenses. While
here Huntington and Crocker went over
the proposed route Of the new line OF road
which includes also Redlands motor rosd.
eight miles in length, as well as today's
purchase.
In connection with the sale OF the
Southern California motor road to the
Pacific improvement company. there
are other things that point to an era of
railroad building in this section. Rights
of way have baen obtained for the South
ern Pacific by its agent. T. ]. Wilson.
from this city through Cotton. Riverside,
South Riverside and Chino as far as
Pom ona. There are Is, 900 tons of steel
rails piled up at Cotton ready to be used
at any time. An attempt is also being
made tu secure rights OF way between this
city and Redlands. although Redlands
motor line and Southern California mo-
tor line are practically owned by the
Southern Pacific, yet it will be necessary
to change and shorten the route in many
places. Hence the agents are at work on
new rights Of way
The route from the Santa Ana river to
the point where the RedIands branch will
be met is already secured. and this COM
pleies the third loop in the series, which
reaches every important town in the val
ley. besides many of those of minor i'm
portance. When the gap between Covina
and Pomona is filled and the two miles
between this city ana the river, the
whole line. about sixty-fve miles in
length, will then have been determ inc d
upon. a.,d from all that can be learned
grading and track laying will not be de-
layed. 1t is estimated that Is. 600 tons OF
steel rails are now side track ed and piled
up at Cotton. and they are doubtless for
use on the proposed triple loop.
As to how trains may be run upon the
new system. few have had the hardihood
even to guess, but 1t has been suggested
by railroad men that as in the Santa
Fe loop. trains will run both ways, prob
ably connecting at the point of Intersec-
tion of the main line with fast train
IN either direction.
The work thus far has been carried on
With so much mystery, that no definite
statement could be made or any assurance
that the guesses hazaruei might be car
ried out, but the company has now
reached such point that its plans seem
to be obvious, and there is every reason
to bellese that the triple loop will be
completed and trains running before the
winter sea- son.
is planning to capture the local trade OF
Southern Caifornia, and If tho work is
carried out on the lines now thought to
he indicated. when the construction for
the present season Is com pleted, scarcely
an Important town will be left off Its
lines: and the country between Redlands
and Los Angeles will be fairly gridironed
with tracks.
II the company intends to make use of
all the rights of way secured, and follow
these up in the direction q which sur
veying parties have been working all
summer. these added to the grades al
ready constructed. some of them with the
track already laid. Will constitute a SER
pent:ne line ext nding from Redlands to
Los Angeles. and will form three loops.
the places VI crossing being Cotton and
Pomona.
Information from various roints along
the line. indicates that without doubt
the Southern Pacific company, IN addi.