New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-06-03


mated, when in full work Will yield as follows:
Freight 5000 SsSss s$ SSs5ss!$Ss So sless6eo
Passenger 100000 2400O0O0 100000
Totals :. $500, 10000 S573, $4,000 S2S6, $4,000
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 & Topeka Ry. TO build the railway from
Kansas City 10 Topeka for average price Of
$4,000 per mile including bridges. and has
agreed 10 accept in payment therefor two thou
sand acres of land. together with The stock of
the Kansas City, Bonner Springs Topeka
Railway Company. and it's First Mortgage Gold
Bonds issued not TO exceed $4,000 per mile, and
guaranteed 10 be first mortgage on its COM
pleted railway not 10 exceed that amount, free
and clear Of all liens and claims whatever by
certificate attached to each Bond and signed by
the National Surety Co., OF New York, agreeing
20 indemnify the holder of such Bond for an
amount equal 10 the face value thereof in de-
fault Of such being the case
In accepting the contract the American Equip
ment Company has had executed an Indemnity
Bond in favor Of the Kansas City, Bonner
Springs & Topeka Railway Company. for $780,
600. in default Of its not being able TO complete
the road between Kansas City and Topeka in
side Of six months from the first day OF May,
A D., 1899, according to terms and specifica-
tons.
with reference to the great commercial value
OF the Kansas City. Bonner Springs & Topeka
Railway when in full operation no better evil
denCe need be offered than the following let
ter rom MeSsTs. John w. Moore PRESIDENT Kan
sas City Board of Trade: L. NJ. Miller. President
Zenith Milling Co, and G. L. Brinkman, Presi-
dent Kansas City Milling Co.. committee OF
business men requested to report on the merits
OF the enterprise.
KANSAS CITY. MO. April LIST. 1890
psse6 Tie s american E EsaDen, Company
Dear srAt the request Of various parties desiring 70
SdsshS sierS wss ds en- Se merit.
9n 10 91a an electric D fS S way up F sn kansas
Bonner Springs and Lawrence reported as follows as the
First that linz projected by the xsn... CITY Bon.
sRs has en secured a S opy prse tss route
fos electric railway between these cities -,
sa:: q the p!oaaesys he United st.t.s
E:s0s. sSsS ,S e, 1.ass,::
ptcdac,s sucs as Flour. Paper. Merchandise Ere
ThTd That the Ks , city wholesale houses almost
ths5 Iroyi9lon: and m, m.rC n charge, =, ,,
lines now operating between tSes. points is almost as
gSh as the charged BY the sane lines from Ksnsss
300 miles or Ave times distance between the
oa,e4 on sa ' Mssour Ss the Easing pons
designated by all American railways for establishing rates
F i 'i ISs S.seSs
wherever required the same would command the major
10soP q the ,Tsi %sRons ss- on N. s.,, O,
sharssd the es 9 ss1nnss RON freight frame
allowing the usual &c per cent for operating expenses
seventh That the necessity Ipe passenger
tsys from 0 the s following facts a which ss.nd
be connected have combined population Of 10000 peo
he line Lawrence. the Kansas state Univer-
city. in the centre and kanss: City the metropolis Of
constant travel between these cities Afforded the
Eighth That Forest Lake. distance OF fifteen miles
from kansas CITY and through which this road passes
vicinity q these cities, and which. without doubt would
Ninth THAT the picturesque and fertile valley through
ban homes. development which has been neglected by
these cue: for want Of proper transportation facilities
between thess cues We hgurs conssTya,,ys basl.
$3.50 600 allowing ee for operating
Penses. $4,000 net
other 'y vita a': such an
We feel qsasd IN Z y al who may
Bonded s ;;S1 to exceed
& n n s sRfkKnAx.
herd Congressman. and Ex-Mayor Of Kansas
City. Mo, may be Of interest;
HOUSE WA 2z 3 e. nsE a,5 $50
president American Equipment Co.
Ms. John na Miner 's snd isq su y
man Of Kansas City mo o, While NH sxn am no; =, :uS.n
The enterprise DO that the gentlemen names
s 6Sn c Are Os ns and s'P su.e
Judgment Yours respectfully -
The estimated cost OF constructing the railroad
over the right Of way secured by the Kansas
City. Bonner springs az lOpeka ny IS gwen IN
the following letter from Mr. w. II. Stalnaker.
Chief Engineer Of that Company:
KANSAS CITY. KANs.. April 1st 1899
JOHN ". MDANIEID. ESQ,
President K. c. B. 5. 7. Ry
Dear sir;-At your reqnes, submit; in reduced form
as springs & Topeka Ry which in most points agrees
PIKE the Kansas City engineers
Rosd-bed Bridges and stations ~ 81. o50 10000.
Power snf Pant s Steam sS@ Water 10000
p,,riouting Power stations ..'..'..'' 90
res, .....................sl. $40. 5000.
The above estimate is made on standard gauge rail
road with light grades, and suitable for heavy fresh:
Be operated by steam in the event OF insufficient water
''ufS NV w H. srALNAKER. 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 Oath 1899
SAY trust Il O SSa & Louis 9 Trust Company
Dear Strive hereby certify We have carefully e1-
q me Kansas an Satf y Bonn spTns. Topeka Com
sny and The issue Of SSnds nov csomy With h sy,
0, Kansas. under which this Company is chartered
H 1SS:i SSs KEPLINorR Attorneys.
sAML MAHER.
THE ST. LOUIS TRUST CoMPANf, or 81
LOUIS. MO, have accepted the Trusteeship IN
behalf Of the Debenture Bond holders BY the
Deed OF Trust the complete mortgage ID no. ~
exceed 100000. which provides tor u9u .he
track also any extensions necessary. anu s'ie
Trustees will not allow the said Bonus 20 DC
come negotiable in excess OF $15.OOo per MIR az
railroad. nor deliver any part Oh ST. ,s com
until each mile covered by such amount ~ I'm I'm
pleted and turned over TO the company "
and clear 81 lien any claim whatever
Copy OF The First Mortgage Bond is printed
on the prospectus. and certified copies OF .ne
Deed Of Trust and letters shown in the p reesr
pectus be seen at the Office OF the IhSSi
COMPANIES heretofore mentioned as author
lied 10 receive subscriptions.
The subscription list Will open MOHDAIy =,
June the Eth. and close on or before TuEspAf
the following week at twelve o'clock noon
Application viii be made ~ las course 10 ths