The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-11-27
value and Many improvements
VIII De Made Next Year-EnouGh
work - Keep sand Suckers Dasy.

Within the next thirty days. or at most
six weeks, It is believed that the dredgers
Anaconda and Python viii be again en-
ployed in pumping up sand and gravel
from the bay and filing the Seattle tide
lands with solid and substantial earth.
L D. Campbell. Of Tacoma, receiver OF
the Bowers Dredging Company. Is in the
city In consultation with Q number Of
Seattle men who have interests in the tide
lands on Elliott bay. He said last night
that the resumption of the operation Of
filling in the tide fats in front OF the city
was only a matter Of short time. and
that great interest In the project under
taken some years ago is now being mani
Tested.
Negotiations are now pending between
Receiver Campbell and the Seattle and
Lake Washington Waterway Company. by
which it Is believed that the work under
taken by the companyA and which was
stopped last summer owing to the financial
entanglements within the dredging COM
pany. wiz be resumed within very short
time.
IN speaking OF the matter last night. Mr.
SaMpoeH SAID: When the dredging oper-
atoms carried on by the Bowers Dredging
Company in pursuance of its contract with
the Seattle * Lake Washington Water.
way Company Were stopped. there was
some olmculiy connected with the dis
posal OF the certificates issued by the
state to the canal company In payment
Tor the work Owing 10 the dull times pre-
saiing everywhere, and which seem to
nave been succeeded by enterprise and
m L.
taxing mold OF these certificates, although
they bear per cent. interest. Within
the past four months, the tide lands in
Inns city nave increased wonderfully in
saiue. ana naturally there is strong ce-
mand Tor the certificates, which. under
the act passed by the legislature In 1894
constitute a first lien upon the property
improved. These certificates are now re-
sarded as prime investments by well
posted men. Indeed, there has never been
doubt as to their value, but 1t has been
question of the willingness of capital o
seek TINS avenue of investment
Now that times have such strong up-
ward trend, there seems TO be no reason
why this work should not proceed. / am
INFORMED that the Seattle & Lake Wash
ington Waterway Company contempiates
fesuming It's operations within q very
pfiei period. 1t was In connection with this
day. The company received from the state
In all about s2so.oo0 worth of certificates
ana there are none of these outstanding.
IL IS probable that the matter will be
closed up within few days"
Mr.. Campbell said that there were other
parties who We're considering the filling in
or their tide lands. Among these may be
Iechohed the Oregon Improvement Com
rany, which proposes TO fill in its lands In
the southern part of the city, as was fully
told In the Post-Intelligencer when the
companys plans for making improvements
10 ats property here were published. The
centennial Mill Company will also have
use Tor the two dredgers. and it is under
STOOD That property belonging to the Seat
tie Dock Company will be filed in durins.
the next few months.
MT Campbell said that there is now In
sight enough work to keep both dredgers
busy for several years.