Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1901-06-29
MAGlNNlS RESIGNS,
No Longer Claim and~Tax Agent for
the Santa Fe.
NOW INTERESTED IN OIL LANDS.

A nice fat billet, worth close to S..
0OO a year, with easy hours and prac-
tiCally a life tenure. is open on the
santa Pc, and the identity of the sue.
cessful aspirant for the place is as
yet unknown out this way. says the
Los Angeles Express.
A.. y. M%agiunis has resigned as
claim, tax and land agent of the sys-
ten. with headquarters in Los Ange-
les. and he will hereafter devote him
self to the interests Of the Mexican
Development company, which owns
some 100000 acres of oil lands ON
the Mexican Central road in the south.
ern republic
The Mexican company was financed
by T.. l.. DCheny. w. c. Neyin, G. A..
Garfield and other Los Angeles oil
experts. the company being capitalized
at over 81. 100000. No subscription Of
less than 5000 shares was taken and
nearly Si0O.0 o had to be returned
when the books were finally closed ow-
ing to the rush Of people in the east,
who sought to get In on the ground
floor.
a. =. Moginnis was among the origi.
nal ones in the enterprise. and when
| actual work In the field began. early
In January. he obtained a six months
leave Of absence from the Santa Fee.
turned over his pleasant position and
went to Mexico. His idea was, that II
the facts warranted. ne stood ready
to rcsign his Santa Fe billet in order
TO become the permanent general
manager of the new enterprise.
The general prediction has always
been since Maginnis went south that
he was certain to return here. unless
the Mexican enterprise should develop
into n bigger bonanza than was hoped
by the most |sanguine OF its promoters.
The unexpected has. however, hap.
pened and Maginnis has quit his rail-
road job for good. His resignation
reached Santa Fe headquarters today
and his leave would have expired June
50th. upon which date he will sever
his Santa Fe relations.
Mr.. and Mrs. Maginnis are due to
reach Los Angeles from Mexico to-
morrow.
a. +. Maginnls has been one of the
best known and most popular men
ever connected with the Santa Fe in
this jurisdiction. He was Il claim
agent with the company years ago,
In days when the lines of the system
were first being constructed through.
out Kansas. Merit advanced him un-
I'll he was claim and tax agent In all
Of the territory between Albuquerque
and San Francisco, with his head.
quarters in Los Angeles. Every fran.
chise and every bit Of right Of way
owned by the company throughout
5Outhern California, a. T.. Maginnis OBJ
tanned. His personal popularity was
5uch that he had but to say what was
required and those in position to ac-
cOmmodato him never begrudged him
the favor asked. In the old days, be-
fore the community of interest idea
was thought of, Maginnis frequently
had to contend against the opposition
Of the Southern Pacific in this section.
but in none of these encounters did
he ever come out second best.
The Mexican oil enterprise In which
A. p. Maginnis and his associates are
Interested numbers among its pro
moters President Il. =. Ripley and Vic,
President Kenna' Of the Santa Fe rail
way. C.. Kerens OF st. Louis, u. $
Senator George G. Perkins, former
Congressman II. y. Waters and others
The enterprise promises to turn out
especially productive. Some of the
original promoters obtained their hold
ings Of stock upon a basis OF less thar
90 cents a share.
Who Mr.. Maginnis' permanent sue
cessor will be with the Santa Fe is not
as yet known here.