The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-06-02
Santa Fe Secures Control of the
Central Branch.
Giving 1t Line Through North
ern Kansas Counties.
WILL BUILD TRACK
From Waterville, Marshall Co.,
to Topeka.
Topeka Men Made Directors of
the New Company.

A reorganization of all but 100 miles
Of the Central branch of the Missouri
Pacific, which was sold at auction on
May %, has been effected and six To-
peka men are named as directors of
the two new companies under which
the property is taken in. They are
]. w. Gleed, c. S. GIeed, p L Bone
brake, j. L. Hunt, F. NJ. Bonebrake
and Eugene F. Ware.
The new companies are the Atchison
Colorado and Pacific railroad company
and the Atchison, Jewell County and
Western railroad company. The former
takes in the Central branch property
from Waterville, Marshall county, to
Lenora, Norton county, with all con-
Meeting branches, and the capital stock
Is placed at $4,000. 600. The articles of
incorporation which will be filed today
with the secretary of state, give the
company the right to build a line from
WaterVille to Topeka, and from Lenora
in northwesterly direction to the
state line in the direction of Denver.
The latter company takes in the prop
erty from jamestown, Republic county
to Burr Oak, Jewell county, a distance
or nifty miles, and has a capital stock
of $685. 900.
The Topeka men are associated with
Oliver Ames and T. Jefferson Coolidge
eastern capitalists who are interested
Union a.
cific properties
The Central branch of the Missouri
Pacific was built in three sections by
different parties, and when the prop
erty was sold under foreclosure pro-
ceedingS the bondholders of the diff
ferent sections were obliged to buy it
in. The property which the companies
cover is now operated by the Missouri
Pacific, and will probably continue to
be operated for the present by that
road The fact that the Atchison, Col
orado and Pacific road is chartered
with the right to build east into To-
peka and west in the direction of Den
yer Is said by one of the Topeka direc-
tors not to mean that any building is
contemplated a present. It may mean,
however, that the men interested in the
new companies intend to break off the
agreement with the Missouri Pacific
and make a new agreement with the
Santa Fe, as the latter road connects
with both properties at Concordia. This
would give the Santa Fe a line in
northern Kansas, running from Atchi-
son, Kan, to Lenora, Kan, a portion
of the state in which at present it has
no holdings.
Kansas men have been interested in
the two properties before, but they
have been silent members" The new
boards, of which the six Topeka men
are members, will be active and control
the policy of the two roads. The fact
that Mr.. c. S. Gleed, one of the board
of directors of the Santa Fe and high
in the councils of that road, is mem
Der of the new board, is looked upon
as significant.
The two properties run through Mar
shall, Washington. Cloud, Mitchell
Jewell, Osborne, Smith, Rocks, Phillips
and Norton counties. comprising the
richest territory in northern Kansas.
The only counties of this group that
the Santa Fe now runs through is
Cloud and Jewell, the Superior branch
traversing the former and running
across the northeastern corner or
Tavxya 7OT1 fN n S11narinT
The only statement that the Topeka
directors will make for publication is
to the effect that the new companies
will make the best possible disposition
of the properties either by sale or lease
1t is suggested that the Central branch
possfbIy can afford to pay more for
traffic arrangements with the roads
than any of the other connecting lines,
but it is admitted that there is a pos
sibiIity of traffic arrangements being
affected with the Santa Fe.
If the Santa Fe secured the portion
of the Central branch running from
Atchison to Waterville in addition to
the two western properties it would
give that road control of the entire
branch from AtchisOn to the terminals
of the Atchison, Colorado & Pacific
and Atchison and Jewell County
Western roads, with connections with
it's present lines at Atchison and Con-
cordia.
The articles of Incorporation state
that the headquarters of the two com
panies will be maintained in Topeka-
This is also looked upon as SlgnIncant-
The traffic relations with the MIS-
souri, Pacific will continue until a, maj
disposition is made of the properties by
the new companies. The future OF the
two roads will probably be decided
within a short time.