, 1900-11-24
new COAST LINE
FORMAL ORGANIZATION OF SALT
LAkE.lOs ANGELES COM.
PANY.
Subsidiary Corporation Is Also Formed
for the Construction Of the Road
Senator Clark Elected President
Fifty Miles Ordered Built at
Once.

Salt Lake. Nov. 22.-The talk which
has been current for the past three
months regarding a direct railway con
nection between this city and Los An.
geles, took final shaYn today in the
agreement tor the incorporation of the
Los Angeles 4 Salt Lake Railway com
pany and the enterprise now seems as
sured.
Senator w. A. Clark and associates,
who are interested in the enterprise,
met here yesterday and went into a
conference which lasted until 2 O'Clock
this morning. The article of incorpora-
ton which had been drawn up we're
discussed and approved. The articles
will be filed tomorrow.
The capital stock of the company
was placed at $25, 900. 900, of which So
00O, 900 has already been paid in. The
directors of the company are; W. A.
Clark and C. w. Clark of Montana: R.
c Kerens, E. w. Clark and G. b. Leigh.
ton. Missouri; J.. Ross Clark and T. F.
Miller, California: Perry S. Heath,
Washington; Thomas Kearns. w. S.
Mccormick and Reed Smoot. Utah. The
incorporators of the road were all the
directors named, and David Keith, C.
o Whittenmore, S. A. Bemis. A. H.
Hanlin and W. B. Clark.
The directors named the following
officers: President, w. A. Clark; first
vice president. R. C. Kerens; second
vice president. ]. Ross Clark; third
vice president. T. e. Gibbon: secretary,
T. F. Miller: treasurer F. X. Rule.
Length Of Road.
The road when completed. will have
a trackage of LOO miles and will alb
sorb the Los Angeles Terminal rail
road, 81 miles in length, including be-
tween 5000 and 1000 acres OF and and
embracing all the wharfage of the San
Pedro harbor, about two miles in
length. The Los Angeles Terminal
road. in which Senator Clark now has
a large interest, will be taken over by
the e company, at a valuation of
IS, 1000, 900.
1t was decided to build a road at
once from Los Angeles to Riverside, a
distance of about so miles, the con-
struction of which will cost approx
mately, with rolling stock, 81. 200. 900.
1t was also voted to purchase addi-
tional locomotives passenger and
freight cars for the Los Angeles Ter
minal road. now in operation.
The Empire Construction company
was organized. with a paid up capital
of s 1000. 900. This corporation will
undertake the entire construction of
the new road and will be paid in bonds
of the railway company. The presi-
dent of the construction company is ].
Ross Clark, with T. E. Gibbon as vice
president.
A Development Company.
A development company was also Or
ganized with Thomas Kearns as rresi-
dent; Perry S. Heath, vice president,
and R. C. Kerens, Jr.. as secretary.
The development company uill have
a capital of s 5000. 900 and will control
all the town sites. real estate and coal
and mineral lands along The line Of
the road, including the property nj the
Los Angeles Terminal road.
Authority was given to J. Ross clark
and T. f. Gibbon to determine re-
tween the two surveys air" tly r,adc
between Los Angeles and Riverside,
and to let a contract for The construc-
ton of the road.
While Perry S. Heath has been nam.
Ell as a director. his connection with
the road may extend much further
than his duties as a director. Over.
tyres have been made to him to take
an active part in the construction and
Operation of the road.