Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1899-05-31

MAY 81, 1896.
DIVIDENDS. ETC.
elected by these cities FOR want OF proper
transportation facilities.
TENTff-That from the passenger traf-
flc now existing between these cities. We
figure on a. conservative basis the esu-
mated earnings from passenger traffic
should DE S6o.O00 gross. or allowing Sc per
cent for operating expenses. Si20O00 net.
In summing mp all the above facts, to-
gether with an other circumstances con-
Ccted with such an enterprise, Wc Zee
justified In recommending 10 io f who
may desire a profitable lnvCs iD.N., pro-
ydlng the same is not ..J,d and
Stocked to exceed $4,000 per me-.
JOHN W. MOORE.
L. NJ. MILLER
@. l.. ERINKMAN
The following letter from lloh. W. s.
Cowhrrd. Congi casman and eN-Mayor OF
Kansas CITY, Mo. may he OF interest.
HOUSE or RnpRrSENTATfNE s.
WASHINGTON, ID. C.. May 3. 1899.
JAMES L. DROWN ESQ.
PRESIDENT AMERICAN EQUIPMENT
Co
DEAR SIR: have examined the
statement signed by Messra John W.
NluuIts H. NJ MlIti ana - H. nflNkinAN.
OF Kansas City, Mo. While 1 am not
sunicienty posted to give an opinion of
my own as 10 tho value OF the enterprise.
do know that the gentlemen whose
names are mentioned above are men Of
the highest standing IN this community.
both for personal integrity and business
judgment.
Yours respectfully,
W. S. COWlIERD.
The estimated cost OF constructing the
railroad over the right of way secured hy
Topeka Ry. Is given la the following let
ter from Mr. w. II. Snlnakcr chief I'm
glneer OF that Company;
KANSAS CITY. KAN. April /. 1879.
JOHN w M DANIEL. ESQ,
PRESIDENT X. c.. b. s. AND r. RY.-
DEAR SIR: Al your request / submit
in redu "a form my estimate cost OF
constrtetIrs the Kansas city. Ronucr
Springs and Topeka nv. which To- most
points aerees with the estimate furnished
yon hy Messrs. futile 81 PIKE, the Kan
sas Ciiv engineers.
Road-bed. Bridges and sa-
lions ...t.. 4......... ..t.......+A 81 .u'QuWNV
Overhead Electric Cousiruc-
ton ...ts.tss4s tttstt.s. tftsfttt lnh.nfNN ~
Power Plant steam and Water .,o,, ~.
Power ... ...t.....st. ttss+-st-.. l"l''NNN'
Dlsrlbuiing Power stauons... 25.ooOo1
Rolling Stock and Equlpmen'. 2Jo.OoOo'
Total .... ...... .............si.6lO.59ool
THE above estimate IL made on a stand
ari-cuarc railroad. with light grades
and suitable Tor heavy freight traffic as
well as fast passenger iranic. also equip
ped 10 Doe operated 10y steam in the even
OF Insufficient water power
". Il. sTAi.NAKER. chief Engineer
The Attorneys OF the Kansas cry. Bon
ner Springs ana Topeka Ry. report az
follows on the Issue OF Bonds now OF
fercd:
KANSAS CITY. KAN. April "a. 1899.
ISAAC "a. ORR ESQ.
i TRUST OlftlDER ST. LOUIS TRUST
l. COMPANY, ST. LOUIS. MO
! DEAR SIR: We hereby certify "
\ have carefully examined All particular
Il connected with the organization OF IN
! Kansas City, Bonner Springs ana TO
n peka ny. Company, and the Issue o
bonds now made. and ind cvorythng j
4 order aud strictly IN conformity with IA
laws OF Kansas. under which this Com
4 pany rs chartered. Yours truly,
HUTCHINGS 4 KEPLiNGER.
Attorneys.
THE ST. LOUIS TRUST COMPANY
OF ST. LOUIS. MO, have accepted "a
rrusteeship In behalf OF the Depentui
Bondholders. BY the Deed OF Trust "a
complete mortgage Is not to exceed s. 900
Co., which provides for double tract
also any extensions necessary, ana On
Trustees will not allow the said Bond
TO become negotiable In excess of Slb,H
per mile OF railroad. nor deliver any pal
| Of said Bonds until each mile covered b
, such amount Is completed and turne
/ over 10 the Company free ana clear
/ lien or any claim whatever
Copy OF the First Mortgage Bond
I printed on the prospectus. and ccrtihe
, copies OF the Deed Of Trust and lettel
I shown IN the prospectus can bc seen
Z the offices Of the TRUST CONF ANlE
T, heretofore mentioncc a. authorized TO %
celve subscriptions.
The subscription list will open Mon
, DAY June 3. and close on or hefoi
4 TUESDAY the following week at
Application will be made In due cour'
+ to the New York Stock Exchange TO. q
\ official quotation.
y An allotment will be male as carly
: possible after the close of the suhscrll
I, lion. and IN case OF no allotment the d.
posit will be returned IN fun hmm
A diately.
> In default Of payment OF the respecti'
Z instruments al their due dates. the ailo
a ment and any previous payment VIII
liable TO forfeiture.
:. The Gold Bonds Will be issued and o.
I, | changed for script certificates aH soon
I, practicable after the final payment
Application should be made on the for
accompanying the prospectus. and &
gether with check for the amount
the deposit be forwarded 10 the Tru
Companies designated, who. will also ~
, nish prospoctuses and forms OF apple
ton " requested
Is Ask your Banker or your Broker TO g
a you a prospectus, with application Dlan
g. and forward your subscription 20 a Iru
II Company named In the prospectus.
n
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