The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-19
BIG DEAL PROPOSED BY
new Los ANGELES ROAD
Would Take in SaItair Pavilion and Railway That
Runs There From This City.
Offer Will Be Made to Church AuhOritieS-To Purchase
Garfield-Erect Mammoth Hotel on Lake.

The plans Of the syndicate promoting
g railroad to the Pacific coast embrace
the purchase outright of the great
Saltair pavilion and the absorption OF
the Salt Lake 81 Los Angeles railroad
both of which are owned absolutely by
the heads of the Mormon church.
The Herald has this information from
the highest official source. It is freely
admitted by T E. Gibbon and com
mented upon by President Lorenzo
Snow. from whose expressions it is evil
dent that the deal will go through.
Just as soon as Senator Clark. who is
TO he president or the new company.
arrives il Salt Lake. and George O
Cannon and Joseph +. Smith. the seq
ond and third stockholders in the ex-
listing enterprise, return TO the city
proposals from the Clark company are
10 be taken up 1t is more than likelV
that they will control the resort and
the railroad before the beginning of
next season.
The plans of the railroad people also
include the purchase from the church
at a cost Of S17500c it's iron properties
in the vicinity of Cedar City. a region
that viii undoubtedly be tapped by the
road to the coast.
The Saltair Deal
The first step taken towards making
the two roads one and bringing SaltaiT
under the control of Senator Clark and
his associates was at a meeting in the
presidents office Monday afternoon be-
tween President Snow and Mr.. Gfbbon
and Thomas Kearns. The plan was
briefly stated by Mr.. Cibbon. and with
out expressing himself definitely it is
understood President Snow requested
that the matter be left for further con
SideTatiOn until after the arrival of MS
colleagues. Mesa Cannon and Smith.
and Senator Clark. Mr.. Kerens and J.
Ross Clark, representing the new en-
terDrise.-
President Snow was asked last even
ing as to the truth of the report in the
main. He replied: 'I have no doubt
that the company headed by Senator
Clark viii control the Salt Lake & Los
Angeles road to Saltair. They could
not very well take one without the
other We will consider proposals from
them when President Cannon and
President Smith arrive home, which
VIII be about the same time Senator
Clark reaches the city. Yes 7 under
STAND they are ready 20 MAKE us an
offer"
Depends on the Price.
Are you in position to say their
offer will be accepted?" President Snow
was asked.
Il have no doubt" he said. chat orr
company Will accept if the price is rea>
son2hle. 1t is likely that some of our
stocl7 viii be exchanged for railroad
stock-that is. that a portion of the
proposed roads bonds win be accepted
by us in exchange for portion of Salt
Lake & Los Angeles and SaItair stock
certificates. This will keep a certain
amount of local interest in the project
at least, and we will name a director
perhaps by being interested in this
way. But as / understand il the trans
action will be a sale outright with a
price affixed, ard. as I said before. we
will accent what terms we consider
reasonable. Personally I have no rea-
son for being averse to letting the
property 20 to these gentlemen.
Would Give Pioneer Square.
Il can also say, in connection with
this matter. that nobody is more desir-
Gus OF seeing the coast road go through
IMAM 1. AS 10 the donation of the
Pioneer square. I heartily favor it
should vote to give them the property
without hesitation"
Dir. GibbOn made the following state
ment on the proposition at the close of
ms interview with President Snow on
Monday, The situation. as l see it
Is this The Salt Lake & Los Angeles
company has sixteen miles of railroad
anu 81 good lot OF rolling stock. All
through the winter this road and It's
belongings must lie idle In fact. its
Use extends over only three or four
months IN the year. Nevertheless, they
are compelled to support a company:
" BOARD OF directors must exist: there
must De a management and all in all
E'eat expense attaches to the insti-
luon and it cannot be done away
= in 50 long as the road is operated by
us present owners and by itself. I am
"''rmed that until this year they have
NOT been able to make Saltair. which
- undoubtedly one of the most attrac-
I'VE spots on earth. and one of limit
less advantages. pay.
Could Make Road Pay.
Vow. with the Salt I.ake-Ios
..1IS-les line in operation. all that roll
ing STOCK and all the roads belongings
r-L.a De- utilized every day in the
s.Nt- the institution could be man
;UI 10y the management of our road:
~ 81. Gould be under one head and the
expense could be done away
;.. which with the traffic we could
would make the resort a paving
..'9l'l"n. We believe that we can
go. - 81 pay where others cannot for
81 -- Ia'Ilties will Re greater The in
a. f'lalorS will make their proposals
e soon as the board managing the
90 lake Il Los Angeles and Saltair
can get together"
Price to Be Offered.
me. me price to be offered for the big
''~tl'h VIII be in the neighbOrhood