The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-18

The Seattle = Northern railway hAa
been sold at . private deal rscentiy put
through In New York. and 10 now pe0.
sumed to be owned by . number Of Mich
fgan capitalists, II d, however. oeeovod
that James J. HUI. president Of the Great
Northern. has again attained coup 6etA&
and n the real owner. OF the fast q TIE
sale there n no doubt. ~ it 10 positfvely
announced by prominent railroa0 o.
cial OF the East. who has written 70 an
intimate friend In Seattle many Of the a.
tails Of the AFFAIR. Such portions - ~
letter a. have been secured by The PEST
Intelligencer reads ~ follows:
NEW York. May al have . BIZ oe
important news for you: The Seattle Z
Northern railway north Of your city has
been sold. The deal hAs Just been con-
cluded here. and I undeeptAn1 that -
soon ~ few details of reorgAninatioa
are we'll In hand pubic announce0eos
win be made.
The buyers know. 9ome q them aEe
Michigan lumbermsn who have been try.
Ing Tor years TO g0t into the tEs11osy
tapped by the oeaAtie = Neg<herp 10 oeece
sawmtlls. etc. and get = goo0 foo1Asl6 n
WaaAinaton's tinber nsads. And, faGtAer-
more. Il . more than whispered hero thA&
Jim Hill has rot In hts work again. and
by = secret uaster stroke has oeooMo
poooesoed Of this line, whlch viii etvo
him, control of another rich portio1, g
your state. This deal - no1 puh11s1y
TALKED herr. but thoee Who know ahoSf u
consider 4 ~ isnDeftant AevoaeDnolR =
&pAeo fuf tAo 1l1e.s
The letter u signed hy ., maa wAnoD -
tsgr1ty and ollclal standing make n Mt
k&~ tAA - =
doubt that the road h now coatrslle0' ~
have heretofore been the Pacific Coast
Company, and n President >. d. varssll
has gone to AlAskA Il II impossible % go9
None Of the other ofada1s ol the com
matter.
this late deal, II gives the 0reat NcstAesn
another connection that covers one % the
vealthiest parts OF western Washington.
yields . revenue closely approaching ma
000 year. and 10 tributary to the riches
Of the entire 6winomish nats and the beot
part Of the 0kaglt valley. The road -
from thirty-tive to thirty y-sevsn miles long.
extending from tho western sds Of FxdaL
20 island at Anacortes. in southeaatesty
and then a northeastsrly course to Hamiis
ton. passing through sedro- woolley. The
value OF the line II estimated at ti.seAsoa
THE ROADS IxCORPORATlOu.
The Seattle 4 Northern was Incorporate
ed In lssa BY ". n. Holccmb, Of Oregon:
James n. Benedict. Charles r. TAgg. III
jah Smith, John ,. 7Ilnsy. Prosper W.
Smith. u. l.. Frank and =. 3. Hooley of
New York: and r. J. Miner. J. c. Haines
and II. L. Tibhais, jr.. Of this state The
object Of tho incorporation. ~ set forth
In the articles. was TO build . railroad ana
telegraph iine from Seattle by way of
Whafcum to the Canadian boundary near
Blaine. distance Of 100 miles. branch
crossing the skagit river 10 the mouth
of the aauk. and thence 10 Spokane. Q die-
tance OF 30 miles, and another branch.
from the akagit. by way Of FIdaigo island
and Deception pass. to Admiralty head.
on WILDLY Island. \ distance of thirty
fsve miies- The capital stock vas Heoo.s
GO.
The first trustees were tbs following:
r. J. MiineY. II. l. Tfbhais. r.. q. Il.
Baker, J, r. Hoyt. Elijah smith. James
II. Benedict and John B. Tiinsy. These
were the FIRST ofncefs: President. ElijAh
Smith: vice president. J. II. Hcyt: soses-
tary and treasurer. n. MeI.eiisn.
Al soon - the read was built from An
acortes 20 Hamilton. preliminary surveys
were made for the Spokane extension. 90
Ing from Hamilton to Baker. thence -
Marhiemount, up the Cascade river. and
through the Cascade pass. where there
WAS and In q fne opportunity 10 buiid Q
tunnel two miles long and save an eieva-
ton Of j.G0 feet. The Ane was 10 .
thence Down the ssehekin river. up Bridge
creek. and on 20 the Okanogan country.
into the midst OF the mining district now
famous ~ the Horseshoe has.n ana
Doubtful take ccunsry. But nothing vas
done beyond making the frst surveys
The FIRST portion 81 the line-from Ana
eoTtes 90 Sedro- -wooiiey-was busif Ia II.
ana the next year was 1nsshed 20 Hamit-
ton
GnEAT NOnTtaERN'S BNTEREST.
n was . probability before the Great
Northern overland was built that u
would fellow this iins 20 the coast, instead
of coming o~er the route used nov. ana
II IL said there waa wseks of dsscussion
and andecsaon before u was finally De-
esdei 90 follow the southern surveya
Nothing IL known a. to futsye 4xtensloms
Of she sine. and IL 10 considered probabso
that the oniy adAisions THAI Win b. maAe.
~ww L. xw<4t - -