The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-02

lUPEkA HALLWAY GUMPANI,
OF KANSAS.
Length Of railway, SO miles single track
is estimated when in full work will yield as
follows:
g g5s.sxs, sSS SSS go Gross sres:
Total. .......................ss $3.50. 900 90 Gross
Operating .,,o S ~
Operating .................'..'..'.... -fo.ooo.OO
NJ. To'a: :$S$S$$$$ g
Net....... A%o'ooo'oo
Total. $3.50. eee 90
Almost eight times more than SUFFICIENT to
pay tho annual interest upon the First Mort
The american Equipment Company has
taken the contract from the ka II, CITY. bon
price Of sd 900 per mile, including bridges.
and has agreed to accept in payment therefor
stock of the Kansas City, Bonner Springs d
Topeka Railway Company, and its First Mort a
per mile and guaranteed to be q first m ort;
gage on its completed railway not, to exceed
claims whatever, by a certificate. attached to
each Bond and signed 10y the National Surety
Sos, Of Sew such oaa for an smouet to
the face value thereof in default Of such being
In accepting the contract the American
Equipment Company has had executed an In
demnty Bond in favor OF the Kansas City. Bon
100000 IN default OF its not being, able to
complete the road between Kansas City. and
Of May. A; D.. 1879" according to terms and
specifications.
With reference to the great CONNIE rcial value
Railway when IN ful! operation no better eyi-
be Sa moars hf
City Board Of Trade: l. N y, Miller, President
2sntR MnE GS and + pres Of
business men requested to report on the merits
OF the enterprise.
KANSAS CITY, MO-, April 1st 1899.
Dear sir: the request ofverious parties desiring
to become Interested in profitable enterprise. w.
the undersigned were chosen to Investigate the
np thu Ranas Valley to the City Of Topeta BY IT,
way OF Fores: Lake. Bonner springs and Lawrence.
reported Al follows as the result of our investiga-
First. That the line projected by the Kansas City,
of the rfghtof way has been secured, ia tho only
practical route for an electric railway betwe,n these
second. That the territory through which this line
MI pass IL e VI ,i,e inos. M We ~ ho Snt NJ
carloads Of Potatoes 1000 Of Fruit 1000 Of stoci,
manufactured products. such as Flour. Paper.
Third That the Kansas City wholesale houses al
most entirely supply the cities of lawrence and
VIZ Thai eT rate % r sna aSneKed b. tn.
tn he sa al
from from Kansas az to pc s. ioa.
distance OF 500 miles. or hye times the distance be.
5 dHe to hsso S cities not being oaied on the
River the basinE point designated by az American
railways for establishing rates III this section of the
Fifth. That for the foregoing reasons We consider
with the better facilities Afforded by electric line
| stopping wherever required, the same would com
mand thu major portion of the trsftic mentioned.
sixth, Ihal CONSERVATORY nRurllg the basis or
rates now CHARGED, the estimated earnlnRs from
annum. afe" allowing the usuai IS per cent. for
operating e1 T,,,1 ,H sds": goo net: ,r,
senger travel ia apparent from the following facts.
VIZ The eines to be ted have oombincd pop:
mIauon Of 800 900 PEOPLE, topeka the capital Of the
seat Of ths Kansas State UniversitJ. in the centre
and Kansas CITY CITY the METROPOLIS Of the West at the
slant t.avel between these cities if afforded the
E'ghth That Forest Lake. a distance of afteen
milcs from Kansas City. and through which this
plSasure lake in the vicinity Of these cities. and
| which. without doubt would be Of great commercial
through which this line win pass would soon a.
has been neglected by these cities for want of
Tenth. That from the passenger traf,ic now exist
ing between these cities we figure on conservative
shcu!d be $50 900 gross or aIinwing So per cent
for operating expenses, sl2o 900 net.
|
an enterprise, We feel justified in recommending il
vded the same is not Bonded and Stocked to exceed
JOIN "; MOORE
| G. l.. BRINKMAN.
Cowherd, Congress and ex- Mayor OF Kan
! sas City Mo. may be of interest:
HOUSE OF REPRESENTATIVES. u
| WASHINGTON, D. c.. May Sd, 1900. I
James L. Brown. Esq. President American Equip
bear SIR have examined TIE statement signed
Sy MSSsn % }oRn W. More l. n MtiGr and l.
the value of the enterprise DO know that the gen.
Of the highest standing in this community. both for
E!eS and business nseG5R
The estimated cost OF constructing the rail-
road over the right OF way secured BY the
given In the following letter from Mr.. ". IL
| Stalnaker. Chief Engineer OF that company:
,,,. W n, kANSAs CITY Kans. April lat. 1899.
John ". McDauield, Esq, President h C., B. s. b
Dear Sir At your requcst submit. in reduced
City, Bonner sprnss 4 Topeka Ry. which in most
Messrs futile Pike the Kansas CITY onSinesrs 0'
Roalbcd, Bridges and Stations 81 $50 900 90
P1wHr ne Stss na
Distributing Power Stations. $4,000 90
folllhS STOCK and Equipment. 1000 90
Total $40 ROO 90
The above estimate is made a standard gauge
railroad with light grades, and suitable for heavy
freight traihc as we'll fast passenger trac also
equipped to be operated by steam in tho event OF in.
| sunlcient water power. Yours truly,
W. H. sTALNAKER. Chief Engineer.
| The Attorneys Of the Kansas City, Bonner
| Springs \ Topeka Ry: report as follows on the
| issue of Bonds now offered
KANSAS CITY, Kans,, April Path. 1899.
| pany st. Louls. No
| Dear sir We hereby certify We have carefully
examined all particulars connected with the or
ganiIaton ~ the Kansas City. Bonner springs 4
| Topeka lty. Company. and the issue OF bonds now
made. and and everything IN order and ntrictx IN
| conformity with the laws OF Kansas under which
| this Company is chartered Yours truly
HUTCHINGS kEPLINGER
| sAML MAHEK,
| Attorneys.
THE ST. LOUIS TRUST COMPANY OF
ST. LOUIS, No; have accepted the Trustee
| ship in behalf Of tho pehenture Bond holders
BY the Deed Of Trust the complete Mortgage ia
not 70 exceed $2,OOO.OOO which provides for a
/ double track, also any extensions necessary
and the Trustees will not allow the said Bonds
to become negotiable in excess OF SIS 900 per