Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-08-01
RELATIONS OF
TWO ROADS CLOSE
So Says Thomas Marshall Con-
corning the Central Pacific,
EASTERN LINES ARE COMING
Mr. mnr.haii says rhcy are Heading
I'M. Way =. y. Must Protect 1t
self capitalization s7,215.5OO.

What appears on ita face to be- one
OF the biggcHt railroad moves that has
taken place In the west has just cul-
minated In this city. II has been most
adroiuy concealed from tho public BY
those engineering II.
with a capital stock Of ts7.g15. 900. the
central Pacific Railway company was
ti'dnd ~ pom puu alsu paIuI0dI0Jui
yesterday. paying a Zee 10 the State
through Secretary Hnmmund'a office OF
1850 and q FOR certificate.
For several weeks th. local railroad
world has been kept guessing na to
what the southern iucihc has Ia view.
With the arrival OF every prominent
railroad man thore was an additional
huzz ana their visits were construed as
signihc1nt as relating to- some great
undertaking.
when chief Counsel Herrln Of the
southern Pacific visited this city, and H.
was known that he had been In c0n-
Hultation with Judge Thomas Marshall,
local counsel Tor the sume rvutsu ii
NaH believed by some that Il was to ar.
range for the entrance uf the Southern
Pacific into Salt Lake When nu
preached Tor Information on the matter.
MI Marshall declared that ID waA ali
bosh, that nothing but litig alton brought
the chief counsel here some days mo
san Francisco to the effect that the
stockholders u the Southern Pacific
ma Increased the capital stock from
N1Vvlu,OVV 20 $500. 700. O0O This oxtrn
stock vas TO be exchanged for Central
Pacific stock In tie consolidation OF the
two r0Bda.
IN View of the recent developments Il
VIII De conceded generally that while
N" Central ana Southern may continue
tn MAINTAIN their separate and distinct
corporations, there can be- little doubt
that the two will in reality be- one. This
statement ~ backed up by the facts
mat judge Marshall counsel for the
Southern Pacific, u president u the
newly Incorporated road. that Chtpf
Counsel lcrfiu of the Southern Pacific
mas recently been Ia close consultation
Win MI, Murrhall, and Ia fact the chief
9llcials of the new organization formed
mere Saturday are attorneys for tho
southern N'aclnc system.
Another thing; The New York meme
hcfH or tho board of directors OF the
new company are also Interested In tho
reorganization Hchomo. There are rnll-
ROAD men In this city that believe that
TINS new organization means nothing of
Importance ms FAR as Salt Lake Ii COM
cern"di but others claim that Utah IL
destined Co become u .ant railroad
center. and that that day In already
~. htaltui the amount OF capital
stock IL iSd21i. 800. divided into sia75t
shares Of the par value of 500 oaeh
OF this. 100000 shares may be- issued
~ preferred stock and the remaining
bi4.fha shares a. common stock. Frufn
august I, 1893. the preferred stock h eu-
ltled Co. iirnt place 10 accumulate pre-
fcrrcd dividends up 10 Dor cont nor
annum. payable femi.annually out ~
corporations profits. The common atock
w lhtu ruutlrd 20 4 per cent dividends.
ana IN any above that. the preferred and
common stock share alike pro rata. Fol.
lowing are the names Of the incorp0r-
at"fa' charles steele, Thomas Marshall.
Hampstead, John T.. Dooly. George n.
hrhHtow H. n. Duke George NJ
Duwncy and Douglas o. Morgan. The
directors are Thomas Marshall. J. q.
Noylci u. a. Hampstead NJ Salt Lake
NY b1uklhH q, Morgan, Horny Rub.
lender, charles r, Dudd and Richard
H. Rogers N New York city.
me different lines on road Included In
thlH deal urr described by tho incorp1r-
dupn papers They are aa follows.
lno extending from point about
wv" miles west ~ ogden. through Utah.
S,Nhuh ana California. into the city II
CAciuiurutui one from Sacramento ia
san jose, cal, and from Water Front
20 Mlaai1n BAY CAT; one from Iathrop
10 Goshen, cat, one from EuaeyIIs
thls u oregon boundary, also lease.
mold % the line extending u,y mllss
west from ogden, Utah.
In addition 10 these thore are alao
some short lines of road In Oakland nnd
other points In the Golden Gate state.
Judge Thomas Marshall. prerldsnt or
thy new company was seen today by
"a news representative but was lax.
,uhel 20 De somewhat rotlccnt. and as
regards the future actions of Inc com
pnuy no stated positively that hc would
lby mounting When asked n the Cen-
trnl ana Southern were IN reality two
roads IN one, Mr.. Marshall said thnt
the relations Of the Central Pacific vim
tue southern Pacific Will be very close
ana intimate. lie stated further thnt
the local board would act in coninnrs
ton WIN q majority OF the Now York
directors, hut uH 20 The future he sen.
lnhtuuHly replied ~ DONE Know nud
wouldn't ton " / did know. But there
W. lhi. lnueh about ~ ne continued,
tho southern puClno has cot HI nrn,
tcct itself from thr1o Eastern r5nds
thal are going 90 enter here"
Then you believe that some Ienatorn
The reporter.
Yes. lhcrs's mo- doubt about H. re-.
piled Judge Marshall.
Why" F1ld he. "all OF those roods
Lake" ''''
There can be mo- doubt that this now
orslni2atlun means business. The now
corporation win agsurcdly operate the
Central Pacific m an OF NJ debartments
u VIII build branches ana dovelop tho
interests N this ana other States.
whether the location " the ahops 40
~ changed on not the hpndquurters ~
the Central Pacific Railway company
Mlll Dc la utah's metropolis permanent.
No one can state exactly what the
next move VIII be. II IA % matter of
conjecture, but, u " safe to say. that
the man who has centered ma MIN In
Utah VIII have no feelings akin to
sorroW or regret Hs DO watches deyel-
Jpmunts here
STATE I,AND mann