The Pioche weekly record. [volume] (Pioche, Nev.) 1877-1900, 1897-08-25
UTAH AND PACIFIC.
Name BY Which the Milford Southern
Extension is Incorporated Work
to Soon Begin.


porators, are A. w. McCune of Salt
Lake, president; David Eccles of
Ogden, yice-president; and William
L.. Hoge of Anaconda, Mont, secre-
rotary; Charles W. Nibley of Baker
City, Or, treasurer; Joseph f. Smith
Richard Macintosh of Salt Lake:
Thomas d. Dee of Ogden and Bob
ert G. Lund of ST. George. The
incorporation covers a line of rail-
road from Milford to the Utah and
Nevada Stateline, at point seventy
five miles from Milford.
1t will be capitalized and bonded
at the rate of $4,000 per mile, or
81 800, 900, to be divided into 1925,
900 stock and $675, 900 per cent
twenty year gold bonds. For the
purpose Of Incorporation, stock has
already been subscribed for to the
amount OF SIS, 900, or at the rate of
$1,000 mile, and 10 per cent of this,
or $500 was yesterday paid to the
treasurer. The stock is to be
equally divided between the two in
terests that build the road, one
half going to Mr.. McCune and his
partners, the other half to Mr.. Ec-
cles and his partners. and in the
same proportion each side will fur
nish an equal amount of money for
construction purposes. This same
division will be carried out in the
financial arrangements of the com
pany.
simultaneously there have been
drawn up and signed ready for FL
ling articles of incorporation of the
Utah Construction company, which
will be capitalized at 800, 900, fully
subscribed for, and of which 10 per
cent was yesterday paid into the
hands of the treasurer. The COM
pany is similar to other construction
companies now quite a feature of
railroad building 1t will have
charge of and handle all contract
work for the Utah & Pacific
company. Its incorporators and
officers will be Robert s. Campbell,
president; Walter 2. Read, vice
president; H. s. Young, secretary;
Joseph S. Wells, treasurer, and f.
Dewey Richards.
The Incorporation for the railroad
covers only the construction of a line
to the boundary of Utah and Neva-
ola, but the incorporators, one and
all, are of the expressed opinion
that the road will not stop there,
but continue to California.
Their purpose at present is to con-
struct the first stretch across the
desert, and this they say will be
built and in operation within nine
months, although the contract
allows them until August Is, 1899,
in which to complete the work.
This contract with the Oregon Short
Line was signed by David Eccles,
G. w. Nibley, A. W. McCune and
William l.. Hoge for the Utah &
Pacific, who are the leading spirits
and the financial hackers of the en-
terprise. The first two named have
been at work on the project for over
year, and the latter two took an
interest in the matter over two
months ago since when there has
been left nothing undone to push
the project to a successful termina-
ton, which may be taken as being
assured in the completion of all de-
tails of organization.
1t has been expected for some
days that the office of the president
would be given A. w. McCune of
this city, who, by his preservering
work in behalf of the road, so thor
oughly deserved the honor. With
such men as the three other officers
associated with him, the greatest
faith can be placed in the ability of
the company to carry out all its
plans.
The road having been properly
organized and differed, the next
question of importance will be the
active work. AS stated, the mills
in Oregon began to cut ties some
days ago and are now turning out
ties at the rate of 1900 day $1,000
being required for each mile), and
in another fortnight there will be
enough on hand to start work and
keep the laborers supplied.
One of the engines to be used has
just been fully repaired by the Ore
gon Short Line and others will be
ready in thirty days. 1t is expected
that the Oregon Short Line will
commence to load ties and rails for
delivering to Milford by September
10th, when the work of laying the
track will commence and be kept up
until bad weather puts a stop to
construction work. From that
date to December 25th, forty-five
miles could easily be completed.
This would make the terminus Sui
phur Springs.
The Company by its president, A,
W. McCune, is advertising for Utah
ties and for bids for tracklaying
from Milford to Stateline, The
company will pay so cents each for