The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-11-10
Mr.. RIPLEY AND PARTY.
Officials Of the Santa Fe and Prominent
New Workers Here.
TEXAS INVESTMENTS ARE VALUABLE
Midland Makes New Departures.
Rate Clerks to Mcet-Commtsston
Ordcrs--Notes and Personals.

- sptSidi tram on tue santa re, COM
posed of baggage car and special cars
Nos los, 30 and go, In charge Vt Con
ducor Con sullivan, arrived at the Cen
gress street station yesterday afternoon
at $50 o'clock. In the party we're j.. +.
Ripley. president Of the Atchison, Topeka
and Santa Fe, with headquarters at Chi
cago; John A. Mccall. president of the
New York Life Insurance company, New
York; Everett NJ Gibbs. treasurer of the
New York Life, also a director If The At
Gibson, Topeka ard Santa Fe Railway
company, and member of the executive
board. New York; a. c. Jobcs, a banker
OF Wichita, kan, and msiuber OF the
board of directors OF the Atchison, and T..
E. Aver, president of the Texas Tie and
Lumber company and various tie and
lumber plants, with headquarters at Chi
cago; Miss Gibbs, daughter of Tsensureg
Gibbs Miss McClave o. New York; Raj
lard Mccall. son of John A. aicCall and
vice president of the American Surety
company; Colonel l.. J. Polk, general
manager of the Gulf, Colorado aud Santa
Fe; his secretary, Mr.. j. I. Moody; Chief
Engineer c. 4. W.. Felt and w. Il, Scott,
division superintendent al Temple. Wien
coming TO Houston a committee OF citi-
zens was appointed to meet them at The
station, but the train was delayed a..d
they arrived so late that the reception
feature was abandoned Messrs. W. b.
Siosson and Seth b. Strong being tie only
ones there of the committee, W. II. Rob
erts, manager of the Houston branch Of
flee of the New York Life Insurance. COM
pany, being there to meet the president.
he ri lie hn pf ipS N
all the holdings of the Santa Fe system
in Texas. They are going over the entire
route and taking note of the changes
made. The company has recently dis
bursed several million dollars in the I'M
provement of the line from, Fort Worth
SOUTH which involves a change of the DAD
bed so as TO do away with grades, a. d TO
give solid basis upon which 10 do Lusi-
ness.
The railroad editor of The Posi- was at
the station when the train arrived ard
met the gentlemen In answer T. cctg-
tions, Mr.. Ripley stated lhat they wire
making tour of the line, being DESTROYS
of seeing the result of the new work, The
officers of the company consider the Texas
portion OF the system. forming the o'tiet
to the gulf. one of the chief portions OF
their line, and they propose 20 have il in
such condition as will adult Of the ban
ding of all the business ,ni9a they can
control With the improvements nov be
ing made Mr.. Ripley believes .ha; tbc n II
will be in as tine condition as am read in
the country. He said that he WIS pleased
with the improved conditions ii Texas
since his visit here last December. and
he expressed himself as well Please with
the many changes in Houston, ;if lu1.ns
the new street paving, etc.
Mr.. John A. Mccall. president or the
New York Life Insurance company, is
present with the party on this trip OF n
spection, because the company he repre-
sents has large holdings in this State and
in the Santa Fo system. The company
owns s5000.00Q worth Of The scrl. and
sl,0o0.c0o worth Of the stock % ehe Santa
Fc system. and as president ne rs looking
over the Investment. In conversation
with the reporter for The Post. Nj. Nc.
Call said; My company has Il grea; deal
OF money invested in securities in Teas,
and in looking over the State | think We
have done wisely 10 nave p;aced the
money as we have. Being purely a mutual
company, we are investing the money tina
it will bring returns to the policy holders.
and in handling ii in trust 1t u.s. o. course.
better that we should look ovef the Geld
from time 10 time Our holdings in Texas
securities have profited us IN the pas ard
We expect 10 add to them later on. Texas 1
as fine field for investment.
Regarding Texas as field FOR lnVest-
ment, Mr.. Gibbs. the treasurer Of the New
York Life Insurance company, said: I'VE
do not think we hold any better securities
than those which we have in Texas Our
company carries nearly all of the bonded
OF Waco Fort Worlli, San
Antonio and Austin, and We are pleased
with 1t. We do not think we have any
better securities for our policy holders
than our Atchison securities. IN speaking
of Texas, | can say that the towns protect
their credit better than any place !
ever saw. For instance the to"n OF
Waco. The credit of that city has tecn
improved TO great extent and Is pro-
tected thoroughly by the people. Mayor
McCuloch has shown himself i ilnancicr
of great worth TO his town, and we con-
slider our Waco holdings valuable. Nlat
Is true of Waco is true of other towns in
Texas--I only use that as an example OF
what | know 10 be the rase
Mr.. Iobes of Kansas stated th.t he WIS
we'll pleased with Texas. he had ;ever
visited the southern part of he Safe pre-
vious TO this trip. and he c>1si le:s !
State of vast resources.
The gentlemen left al o'clock for Con-
roe. After trip over the oranch line
from Conroe thoy will go TO San Antonio
and Dallas, thence into New Mexico.