The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-08-19
Electric Line to Be Constructed at
Once.
UTAH VALLEY COMPANY
INCORPORATED WITH CAPITAL
OF $500, 900 YESTERDAY.
Will Be Operated By Electric Power
From the Provo Canyon Plant
Stock All Subscribed and Capital
Provided-Electric Locomotives
Will Be Used For Freight Trains.

The organization of a company TO
build railroad from Murray to Bing-
ham came to light yesterday, when
articles OF Incorporation for the Valley
Railway company were filed in the
county clerks office. The incorporators
are James Campbell. Edmund Wilkes.
William C. Hail and Henry c. Rollins
of Salt Lake, and Archer 5. Cook of San
Francisco.
The capitalization of the concern is
put at $500, 000 divided into 1000 shares
of the par value of 800 each. OF the
1000 shares Mr.. Campbell has u.
Wilkes, u; Hall, .; Rollins l, and Cook
l. The purpose of the company is
stated to be the building of a road for
the purpose of carrying freight and
passengers between Murray and Bing-
ham, a distance of fourteen miles.
The articles state that the motive
power used will be steam or electricity.
or both Or. if a new and better power
is discovered, it viii be substituted. The
general Offices of the company will be
located in Salt Lake, and the first regu-
lar stockholders meeting will be held
the third Monday in July, 1900.
Until then Messrs. Campbell, Wilkes.
Hall, Rollins and Cook will constitute
the board of directors. Mr. Campbell is
MT. w likes VIC
president, and Mr. Rollins secretary and
treasurer Mr. Hall is attorney, and
Edmund Wilkes will act as chief en-
gineer.
Stock All Subscribed.
1t is estimated that the total cost of
construction and equipment will be
close to S200,000 1t is stated that the
road has strong financial backing, but
the names of the capitalists who Will
supply the funds are withheld. One
necessary for construction has already
been paid in. and the entire amount of
the stock has been subscribed.
The Incorporation was made on Aug.
II. but the articles were not filed until
yesterday. II is understood that the
incorporators have other interests In
view. and when they are contaminated
the ultimate object of the present move
will be apparent TO all. The interests
transportation facilities Will be consid-
erably affected and enhanced. The road
will be known as the Valley Railroad
of Utah, and work on it Will begin inn
mediately; the date of completion will
be determined. by circumstances, but
the construction work Will be pushed
hard. The passenger rolling stock is
already IN the territory, ana contracts
for the freight cars are about to be
closed.
Provo Canyon Power.
Electricity will be the motive power,
and will be obtained from the plant in
Provo canyon, transmitted at a high
voltage 10 a station just outside the
city limits, and there transformed by
rotary transformers to the usual work
ing pressure of $50 volts.
A new departure in motive power for
the transportation of freight and ores
will be put into operation. in the SHAPE
of electric. locomotives, but the motive
power for passenger cars will consist
of either trolley or third rail feeders,
and the usual single reduction motors.
The line for the road has already been
surveyed. but information as to its
route in desail is unknown.