El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-02-06
The Purchase Today BY John
T. Terry the First Step
In the Deal.
AN ELECTRIC RAILWAY
Within Eighteen Months Now
Almost Assured, And the
Citizens Of Ell Paso Are
All Ready For 1t.

The Santa Fe Street car line was
sold at public auction at noon at the
courthouse door today. Only 'one bid
was offered. That was S34 ,0Ol, offered
by Major w. j. Fewel, of this city, on
beh alf of John T. Terry, q promin ent
capitalist of New York, who was one
OF the pr pal stockholders in the old
company.
The sale took place under SO. 900
mortgage which was some time overd g
with interest in arrears.
Shortly before the hour set for the
sale to begin crowd gathered at the
courthouse steps. Among those on
hand were c. B. Eddy. +. A. Eddy,
John P. Ramsey, w. j. Fewel, Mayor
Magoffin, Gen. Anson Mills, w. 81.
Thompson. of ST. Louis, b. K. Shell
don, of New York, son. of L. M. Shell
don, owner of the Sheldon block,
Horace B. Stevens, A. P. Coles,
John Happer, Millard Patterson, Judge
Buckler. w. w. Keblinger. w. H.
Burgess. Judge Kemp, and others.
JUDGE CROSBY PROTESTS.
AT the request of b. L. Newman. the
trustee, who was conducting the sale,
Judge Peyton F. Edwards read the
notice of sale, which had been pub
lished in due form for sixty days.
When he concluded Attorney Leigh
Clark, represeu ting ]. F. Crosby and
other stockholders, stepped forward
and read the following protest:
SIN behalf of certain minority stock
holders of the Ell Paso Street Railway
company, l protest against the sale of
the properties, rights, franchises. etc.,
on the ground that the same is being
conducted by certain majority share
holders under a conspiracy on the part
of the latter to defraud by collision
and concealment the methods being
pursued, to illegally destroy the rights
OF said minority shareholders.
therefore notice is hereby given
that said minority shareholders will
take such steps ss the law will allow to
set aside said sale, and hold said
ma jority shareholders responsible for
their unlawful acts in.these premises. !"
THE SALE BEGINS
When Mr.. Clark concluded Mr..
Newman began to play the role of auc-
tioneer but without much success.
"How much am bid, gentlemen?' ?''he
asked. There was dead silence. "What.
gentlemen, is the property worth
nothingp' he asked. Still there was
silence. Then as if to further the sale
by displaying its beauty aud merits to
the crowd the little mule car that runs
along San Antonio street hove in sight.
There was a burst of laughter and
derision at the expense of the poor old
mule who, however, appeared wholly
Indifferent to it all.
When this had passed Mr.. Newman
made another attempt to excite en-
thusiasm in the crowd and Major w.
J. Fewel bid, Thirty four thousand
dollars
"A valuable mule" was comment
heard.
Mr.. Newman tried hard to get an
continued to crack jokes at the expense
Of the mule.
When the sale was ccnsummated
Major Fewel announced that he
John T. Terry, of New
York, one of the old stockholders.
"Mr. Terry has plenty of money and
s able to do anything he Desires" said
Major Fewel to HERALD reporter.
Further than this he had nothing to
say.
The sale of the Ell Paso Street rail-
way today was the first step toward
he proposed consolidation of the four
existing street railway systems in this
two in Ell Paso and two in
Juarez.
1t has been generally recognized
hat no great improvements could
ever be made in the street railway