Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1899-06-01
Kansas City,
Bonner Springs
and Topeka
Railway Company,
OF KANSAS.

Almost eight times more than sufficient
to pay the annual Interest upon the First
Mortgage Bonds now issued.
The American Equipment Company has
taken the contract from the Kansas city
Bonner Springs and Topeka Railway 20
build the railway from Kansas city tul
Topeka for an average price Of $4,000 per
mile including bridges, and has agreed
TO accept In payment therefor two thou
sand acres Of land together with the
stock OF the Kansas city. Bonner Springs
and Topeka Railway Company, and It's
First Mortgage Gold Bonds issued not 10
exceed $1,000 per mile, and guaranteed
to be a first mortgage on It's completed
/ railway not to exceed that amount, FREQ
and clear of all liens and claims what
/ ever. by a certificate attached TO each
Bond and signed by the National Surety
/ Co.. OF New York agreeing 10 indemnify
/ the holder Of such Bond for an amount
/ equal to the face value thereof I'm default
Of such being the case.
In accepting the contract the American
/ Equipment Company has had executed
! an Indemnity Bond In favor OF the kan-
| sas City, Bonner Springs ana Topeka
| Railway Company. for Si00.0O. IN default
Of its not being able TO complete the road
between Kansas City and Topeka inside
| of six months from the first day OF May.
A. ID. 1899, according TO terms and specl-
hcatlons.
value Of me Kansas city, Bonner Springs
and Topeka Railway when In full opera
ton, no better evidence need be offered
than the following letter from Messrs
John W. Moore. president Kansas city
Board of Trade; l.. NJ Miller, president
Zenith Milling CO.. and G. J.. Brlnkman
President Kansas City Milling Goa COM
mittee of business men requested TO re-
port ON the merits of the enterprise.
KANSAS CITY. MO. April /. 1899.
JAMES l.. BROWN, ESQ.
PRESIDENT THE AMERICAN EQUIP
MENT COMPANY
DEAR SIR: At the requcst OF various
parties desiring to become Interested IN
profitable enterprise. We the undersigned
were chosen to investigate the merits o.
a proposition TO build an electric railway
up the Kansas Valley 10 the CITY or TO
peka. 10y the way OF Forest Lake, Bon
. ner Springs and Lawrence, reported al
. follows as the result Of our investigation
FIRST-That the line projected by TN
Kansas city. Bonner Springs and TO
peka Ry and for which most OF IN
. rirht-of.way has been secured. is tn
only practical route for an electric rail
q way between these cities
SECOND-That the territory through
/. which this line will pass is one Of tn
most productive In the United States
4 ! Welding on an average per annum OF .,
: 600 carloads of Potatoes 1900 of Fruit, 2
Il GOO OF Stock, and almost as many car
loads combined of dairy and manuiac
~ tured products, such as Flour Paper
| Merchandise, etc.
= THIRD-That the Kansas city whole
sale houses almost entirely supply VA
r cities of Lawrence and Topeka with the'
, provisions and merchandise.
" FOIrRTH-That the rate OF treigh
charged by the trunk lines now operal
a ing between these points IS almost
| much as the rates charged by the sam
lines from Kansas city TO the MISSISSIPPI
river or ST. Louis distance Of 300 mile
r. or five times the distance between III
ri same point and Topeka, a tact wnlch
due to these cities not being located %
me Missouri river, the basing point uc'
= ignated by AN American railways for 81
q fabiishing rates I'm this section Of ii
country
Pr W. consider with the better facilities a.
4 fordcd by an electric line stoppin
wherever required. the same would con
mand the major portion Of the tran
ID SIXTH-That conservatlvely hgurir
In on the basis Of rates now charged, y
estimated earnings from freight iran
can safely be put at $ooO'UvO gross per az
&c num- Or after allowing the usual 90 "a
of cent for operating expenses, $lubVVO ne
al SEVBNTH-rhat the necessity OF sue
a line for passenger trailc ls apparel
from the following facts, which shou
Ia assure the earning from that source, Vi
ia The cities to be connected nave cor
bined population of $4,000 people: Il
oi peka the capital OF the state, peins
~ one end Of the line, Lawrence, the Sc
&, Of the Kansas State University, IN q
centre and Kansas city, she metrOp0
r. of The West, at the other end; fac
which cannot help but create consta
81 travel between these cities II afford
~, the proper facilities.
Dy EIGHTH-That Forest Lake, distau
of fifteen miles from Kansas city, al
ar through which the road passes, IS
~ largest and most convenient pleasu
u" lake in the vicinity Of these cities, a
which, without doubt, would be of gre
as commercial value to this enterprise.
90 NINTII-That the picturesque and Il
tile valley through which this line "
pass would soon develop into suburb