Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1896-02-01
n ofOANTrs nr.t

many " the IT. iou,,.l. ~ IN. r,,,u
Try h the Pen Atlantic 4 p,r,G
r"~' shows that this matter /. hkrl, T.
!" gu" "' iar'reaehing Importance IT, tn
section Of the country. and especially {,
Albuquerque.
W" copy ~ follow. from H.. benz,
New II IL" 9Th
Beneath the Atlantic 4 rar,u,. r,Iy,
il"h 10" III progress In New NN,r, an.
NflInna there II e,identl, ,u,r,rI
galllr railway deal. which ptnmi-,.. I,
considerably change the railya, man e.
the southwest. The southern rarl,r T.
~rhrihlhg |" uhiain p,,S,S-iou " the fn,,
which has ~ long been In the haui. %
thr santa Pc, AMI Il doing If. vn,l
Through To" first mortgage lundhuI.lrt-
~ Who" interests Mr.. N.r. Smitl, VI,
lhtrl, Appointed receiver In JuIg, col
Her court at Albuquerque. Ihl- AZ
I"lhtmont l. Yet to be confirmed l., IA,
NiI"na court. The fight Tor IL. cuntro
1t III" Nantlc \ Pacific /. therefore H..
tween ,h" santa FL with the second mort
gag" h"nd~ aud the southern Pacific back
INK III" tif~t mortgage hands.
1T ais" APPEARS that the %,Ithrtn IA
rlilr has purchased the Nc,ala southern
u snail read running from Rlakr. sta
It't 81 thr Ntianlic n Pacific. Just Wr~t
%, a." \"'ilr- to Marvel. ~ which |. r..
! l'lk" and H. ". MSSlhurt II this eat,
W'l" interested. II l. alleged that IL,
NHullrtu Pacific ptop'-"- milliing from
thl- point I" Miltrti ~ Marls,alr, tab
- 20 'durc Il -nimr 2'n miles At Milfnt,
- connection would hr obtained with Ia,
muu Pacific. AMI at NdtS,,alr with IA,
| ~" ',linl' Western. {" which point II i,
n"N huldlus 'rom ~dllna The cnnurr
ton With I'll" itiu ,ifandr Western l. Ia,
most probable, .lncr the I mon rariii,
l. ~ thr hands II - tscrnrr The com
InnN t"f ~" construction 1T this 20
lmll"' 81 road ln- altrai, been formed
aud l. SAID {" Include President Hunting
/ ton 1T the southern Pacific.
suitcase tins combination should sue
coed, what would l." the results, xvi
IDENTIFY 1t would coluI~l the santa Fr IL
parallel the itlulir n Pacific IA order
{" maintain It, CONNECTION with the Cali
l"Tnla southern. II would connect salt
Ian" directly With las iugolr- and san
Diego, AMI give the III" ufaudr Western
ana consequently the Denver \ ~,
hiiulr new outlet into ~nuthrtn Idli
lorna. II would enable the southern
faciilc I" carry it, southern California
trhllr 10y 4 new ani shorter route.
here are changes IN the railway mu
ri the southwest inNul,,-i IN this Pending
litigation changes which affect The
tIailir II t"l"radn, | tab, New Mexico
Nli"na aud California, aud concern TIN
future al the santa fr the Snuthun ia.
riIlr. tia Rio ifandr Western aud the
Denver y Rho tranir. lhrN viii l.,
watched with deep interest
''n the sam" subject, the hIcagu III
hume ~ the 2,Ll. SAYS
"'"mplrt" ACKNOWLEDGMENT II the grrn,
santa fr RAILWAY system l. likely IT, h,
the result 81 the recent reorganization 81
| the main lines from thirag" tn \lhrlurr
uu". Less than a year ago the rnlnfad,
Midland waS dropped, u month aga IL wa,
drrldrd I" give up the atlantic \ Pacific
II i nnw learned that 1t H. the intention
III the nrw santa r" management; L. al,
frllnpu>h control 1T the II. Louis \ san
Francisco.
| The American hnuihulhrrs, II l. m
l"r~tTTl, wrfr ~ favor oi retaining
thr~" pr"l"tll"-, hut Fleming and lLrirn
VII" represent English AMI butch hond
holders who hold "A thrrr.fourthS interest
~ the property. ARE said to hr ietrtniin
rd in get rld II auxiliary lines. They
conceived the idea that these lines are
hurdrn uh the main line"
Aud again. IN the Uil"l~. Democrat III
same date, l. the following
1t il pretty we'll understood that u,
Atrhi4on. Topeka X santa Fe rrorganiZ
rd committee has abandoned it, inten
ton II Offering a. buy the bonds II IN,
| Frisco on the basis ~ IN from the par
ties now holding them. The bonihold
ers' protective committee IL actively II
the field gathering strength among The
eastern interests. aud the Atchi%n, To
rka y santa Fr's control II the Stocl
will, ~ course, cut u small figure, unleS
II can control u majority ~ the bonds. I
il 4aid that the Atchi+on. Topeka " san
Ia fr people have offered Ia SurrendeI
control of the Frisco, provided the valid
ity " the t5,uO,un Frisco genera
mortgage l1nhs held by the Atchison
Topeka n santa +. II allowed. Thu
opens the way IA u reorganization. unde
which the holders ~ the general mort
gage bonds. outside VI the bonds held b,
the Atchi-on. Topeka n Santa Re com
pany. may control the property"
9
| StifiCtEST tttsE,
II England hal not denonrliz,d Siiye
| gold would not have appreciated; II COL,