The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-01-19
Incorporation of the Company
With a Capital Stock of
$7,5o0,ooo.
COMPOSED OF MILLIONAIRES.
A Southern Pacific Official Is In.
cluded in the Board of
Directors.

poration of the Southern California and
Salt Lake Railroad Company were filed in
the County Clerks office at Los Angeles
yesterday afternoon. The incorporators,
who are also named as directors for the
first year, are ]. K. Clark OF Butte, Mont.
j. NJ. Metcalf of Omaha A. B. Hotchkiss
of Los Angeles and William H. Carlson
and D. c. Reed of San Diego. The articles
state that the purpose of the company is
to build a standard-gauge railroad and
telegraph line from a point near Needles,
Cal, to Milford, Utah, a distance of 295
miles, and to purchase any existing rail
road occupying part of this route. The
capital stock of the company is fixed at
81, 800, 900, of which $1,000,OO0 has been
subscribed by the incorporators. 1t is be-
lieved that Mayor Carlson is trustee for
this company in the deed conveying the
Nevada Southern Railroad to him.
| J. X. Clark is one OF three wealthy
brothers of Butte whose mining interests
are extensive in Montana, Utah and Ari-
! IONA.
William A. Clark, his brother, is reputed
to be worth $50 100000 and spends most of
his time in Paris and London. He owns
the great United Verde copper mine at
Jerome, Ariz., to which he lately built
railroad from a junction with the Santa
Fe, Prescott and Phoenix at cost of over
$5OO,00O So enormous is the freight traffic
over this branch that the road will pay for
itself in few years through the saving
over the old-time treighting by team.
S. M. Metcaf is the ce-president and
manager Of the Lininger & Metcalf Co. of
/ Omaha. It's president G. w. Lininger, is
many times millionaire and has retired
! from active business life, spending most of
his time travelling in Europe. His private
art gallery at Omaha is one of the finest in
! the United States. He is interested in
railroads in the vicinity of Omaha, and
was in San Diego last winter. While here
| he looked somewhat into the railroad
/ situation and spoke of the future of this
4 city in the most enthusiastic terms.
Colonel A. B. Hotchkiss of Los Angeles
is the attorney of the Southern Pacific
! Company at that city, and it is his con-
nectlon with the new enterprise, as we'll as
that of Mayor Carlson of this city, that
/ lends color to the belief that the Southern
Pacific is behind the new corporation.
D. G. Reed is a well-known capitalist of
| San Diego.
Mayor Carlson was interviewed by
! CALL correspondent as soon as the news
became known in this city, but again he
was communicative regarding the pro-
! ject, though willing to talk on another
proposition upon which he has worked
with considerable energy.
What does this new move mean ?" he
/ was asked.
at means just what the articles of in
corporation say" he responded "to build
railroad from Southern California to
! Salt Lake, or, at least enough 10 close the
gap now between those points,"
! "What do you mean by Southern Cali
fornia-San Diego2"
"Well. the road will certainly not stop
out on the desert"
HAS the Southern Pacific anything to
do with it2"
'Now," saidithe Mayor, 81 can't tell you
any more. We have the Nevada Southern
already, and there are only $50 miles to
grade to connect Southern California with
Salt Lake City and save 500 miles over the
present route. Isn't that enough2 What
difference does it make who builds it? We
are not asking the people for cent
HAS this anything to do with the San
Diego and Phoenix Railroad2"
mo. 1t is an entirely independent and
separate com ination. l am glad you
spoke of the San Diego and Phoenix.
though, as there is now a chance to put
the road through if the people OF San
Diego will take hold of it. | can state
fatfooted that if the people will put up
guarantee of per cent on 81, 100000 the
cost of the road to Yuma, the road will be
commenced within sixty days and pushed
! to com pletion as fast as men and money
can do it. TO this we would want. of
course, free rights of way and terminal
facilities. am authorized to say that the
81 900 900 cash necessary to build this road
is ready just as soon as the people of San
Diego take hold of this thing and make
the guarantee, but the people have got to
move first"
This is about the same offer as that
made by Mr.. Huntington to San Diego
some years ago." observed the correspon-
dent. "You are not making it for him
again are youP'
II decline to say whom l am making it
for" replied Mr.. Carlson. 81 only say
that the cash is ready"
'"They say that the Southern Pacific has
Bond on the Cuyamaca road running
out of San Diego, and can take that ROAD
whenever it wants it. Would that be
used as a part of the road from San Diego
to Salt Lake?"
Now" said the Mayor. 81 don't want
you to ask me any more about the Salt
Lake road. Matters are just forming now,
and there is nothing to make public. We
are going ahead to build that road, and
beyond that there is nothing to say
"You do not deny that the Southern Pa
cific has bond on the Cuyamaca, do
your"
NO"