The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-10-13
Bic Deal IN Valuable West Seattle
Water Front.
WHEAT ELEvAroa INCLUDED.


n LARGE and important dea
CT IN Seattle u,ster front property
mas closed yesterday. svben deeds
for tie properly Of tie Seattle Ter
s,daai Rsilpsy g Elevator Company
1t West Seattle passed to the Seattle
q San Francisco Raifvav and NaO-
aqatton Company. Tie papers vM
not be placed on record for = u'eek
yet, although al hape been signed
20 and tie consideration saftsf aefordly
adiusfed. The deal has consan-
mated BY President ". E. Goeria.
Of tie n2vigation company. n Neu
YORK. from 1phch city he returned
on Tuesday ldst. after = month, s ab-
sence.
wAYHILE no ons connected with the
transfer viii state the amount OK
the consideration. II Il known 70
have been we'll up in the hundreds OF tnou-
eands A few years ago the property cost
4 trife over 100000. =.
Tha property moulded In the big deal
consists Of a line Of railway. connecting
with the Northern Pacific road. just east
AZ Commercial street and crosdng the
hay over q trestle. nearly three miles In
Mngth, to West Seattle, and extending
along the west aide water front for dis-
lance Of little over . mile, to . largo ele-
I'M eask Lana nj Aaf
q capacity Of 5000 tons. which itself y IN
cluded In the purchase.
VIII Control Much water Front.
The line Of railway extending along the
west side water front gives the navigation
company control OF the front for at least
the distance Of the line and IL valuable
acquisition for the needs Of the new COM
pany In the development Of the business 1t
proposes to engage In ~ soon ~ con-
struction work Il completed.
On this side Of the bay the terminal road
h the only line entering the Moran Iron
and Shfpbuilding Works, the Centennial
Mil Company's yards ana other water
front manufacturing plants and factories.
and Will give the new navigation COM
pany practical control of this vast trade
The road also runs directly through
twcnty-fonr acres OF tide land property al
ready owned by the Seattle 4 San Fran
cisco Railway 4 Navigation Company, ad-
Joining the Centennial mills. and viii
therefore add to the useful development OF
that property.
Wharves for Ocean Fleet.
The navigation company was organized
. abort time ago for the purpose CT de-
velopinE valuable coal properties 1t owns In
the vicinity OF Leary. When the railroad
construction to the mines now going on,
II completed, the company will estab-
lish line Of GOLFERS between Seattle. San
Francisco. Alaska, Honolulu and other
places where q market for It's output Ia
developed. For the purposes OF this feet
the west side water front Is invaluable
All this VIII be ready. and operation win
be begun about January /. The company
II at present getting together t,s fleet
which. shortly after the New Year will
begin TO ply the waters OF the Pacific
carrying thousands of tons of valuable
coal to the BEST markets the world offers
The large warehouse on the west side
Win be operated by the new company on
much the same plan as by the Seattle Ter
mfnal Railway and Elevator Company.
storage business will be carried on and
win become one OF the departments OF the
company's business.