Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1896-04-24
From Tuesdays Duluth Herald,
BIG EALRUMJ re H.
Talk Of a Sale Of Wright 81
Davis Interests.

Tomorrow morning t't, q 49,
Weyerhaeuser, OF 81 Nn"l; (,
Weyerhueuser, OF Li'tle Fails:
Davis, Ezra Rust aud G. NJ, :Sl'"'n.
Of Sngina "; Mr.. Nurt"n. II Wji'.,I' j.,
and possibly Sir William =. N"rs
Horne, the Canadian Pacific NAV
nate, will arrive in the c,ly and ~
up over the Duluth 4 Winnipeg Anh
Duluth. Mississippi Rivers Nurthrrn
railroads. The lat ter .rav not he III
the party. but il likely t" come. ;.
W. Wright, Uf Alma. M~h.. is nor t"
be In the party.
The coming Of these men has
started Il rImOr that the Wrigh, 4
Davis interests are to be absOrbtt!
by the Weyerhaeuser syndicate AS
the story goes, all Of the stumpage
and logging road interests will he
transferred. The deal would he a
very large one and would invOlHe ut
least $4,000, 1000. The report has II
that Wright & Davis will retain all
the mineral interests and fee to the
lands. The Wright & Davis road
has a contract with the Duluth &
Winnipeg road Tor, carrying ore
which runs for five years, and the
Weyerhaeusers would have t" take
care of that II they purchased. 1t
has been understood among lumber
men for a year past that the Weyer-
haeuser syndicate had purchased the
Wright & Dayis timber. and that the
la tier were logging it under con-
tract.
The only persons in this vicinity
who could he expected to know
anything about the deal are Michael
Kelly and J. F. Killorin. Mr.. Kelly
has charge of the pine land interests
of Wright & Davis. He denies
absolutely that there ia any deal,
and says he would know oft if there
was. Mr.. Killorin has charge OF the
railroad. He was in the city last
evening and denied 1t as strongly as
Mr.. Kelly. They say the trip is
simply to be a little pleasure jaunt.
They are going up to see the spring
break up, which is quite interesting
to witness.
DULUTH, Mimi, April PA report
is In Giro ton here that Wright
and Davis, who are among the
largest owners OF pine lands in the
Northwest. and who own the
Duluth. Mississippi River & North
.ern railroad, are negOtla ting for the
sale to Frederick Weyerhaeuser, for
$2,OOO,OO0, Of their pine lands; also
that Weyerhaeuser has been with
them in Saginaw, and that they
were to arrive this morning to con-
summate the deal. They did not
arrive, and the people who stand
very close to Mr.. Wright say they
are positive that there is nothing in
the story.
ACCN CA al yCGIlS HfOs " CJS' HtAS w 'o\
bought from them some 8OO,O00.O00
feet of timber, north of and along
Swan liver, for sum approximate
ing $2,5O0,00O, and took back a
contract to log and bank the timber
for him at 1926 a thousand feet. 1t
was to saw this timber that the
Weyerhaeuser mills at Little Falls
were erected. Wright and Davis
formed the Swan River Logging
company, built the Duluth. Missis-
sippi & Northern road to haul the
logs, and have been banking timber
ut the rate OF 12O, 100000 feet or more
each year.
Weyerhaeuser is now buying up
large tracts of pine that he can lay
his hands on and has no limit to his
cash. If the rumOred deal goes
through it means that Minneapolis
will get much of the timber for
saving that would otherwise come
to Duluth. It is said Wright and
Davis will reserve their valuable iron
lands and develop them.