The Taney County republican. (Forsyth, Mo.) 1895-1992, 1901-10-31
MORE RAILROAD RUMBLE
The C., J. c. & S. to Issue
S5,5OO,OOO COnstruC-
ton Bonds.
Inf ROAD WILL CROSS IANrY COUNTY.
Various interesting Bits Of Railroad Gossip
and Speculation.

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the Chicago, Jefferson City Il
Springfield line, which we believe
has never received the consideration
/. deserves, has come into prominent
notice by the filing of first mort
ghge at Springfield on the 2S inst, to
secure bonds to the amount of S5,-
500, 900 TO be used iu the construction
OF north aud south road through
Springfield.
"Thc counties north Of Springfield
IL ough which the road may run"
says the Leader Democrat, src "Polk,
Hickory, Dallas, Benton, Morgan,
Cole and Monitcau. The distance be-
tween this city and the point on the
Missouri river to be touched by the
new road ia estimated at 1875 miles.
"Thc counties south Of Springfield
TO bo crossed by the road arc Chris
tian, Stone and Taney. The western
branch of the line will penetrate the
big coal and mineral district embrac-
Ing the counties Of Newton, Jasper,
Lawrence, Barton and Mcdonald.
"Thc meeting of the slockholdcr.
Of the rond which authorized the is
sue of the bonds was held at Yer.
sailles, In Morgan county, Mo-. on the
Slst day Of last May. The mortgage
was signed by William Woodburn
aud K. G. Scott, president and secre-
tary of tho railroad company, ON
October ., 1901.
"Mr. +. l.. Sanford, as co.trustce of
the property conveyed by the mort
gage, has full power TO execute. the
provisions of the instrument. He
may employ counsel for his advice
and advertise and sell at public auc-
ton all Of the interests specified in
the mortgage OH default OF the pay
mcnt Of TIE coupon obligations of the
bonds.
rf at any time the interest on the
bonds has not been paid within siz
months after tho same has fallen due
and the payment properly demanded,
the co-trusice will be required io ad-
veriise the property of the road and
offer it for sale at public auction in
the city Of Springfield.
"The party of the first part in this
transaction reserves tho full right to
the control and use OF the road aud
all Of its belongings till such privi.
legcs have been surrendered by the
non-payment of the interest or the
principal of the bonds"
The activity of the Missouri Pacific
on the extension north from Bates
vile, Ark, coupled with tho under
standing in many localities that the
g., J. Z. & 5. is n Could interest, is
suggestive. On this point the Spring
field paper says:
"Many still believe it Ia the north
erp end of the Missouri Pacifc's en-
tension up this way from Batesville,
but nothing definite can be learned.
DR.. Woodhurn, tho president OF the
road, has held several conferences
with business men here, but he has
never seen lit to make any contidants
with the local magnates. II looks q
great deal like the old scheme of the
Missouri Pacific, but II has been
changed tremendously since II first
appeared here"
The Mobcrly Monitor IN discussing
the enterprise says:
"For 90 years Des Moincs, la., has
boon trying to tap the country sou,h
Of the Missouri river with line OF
railroad. A north aud south road has
been tho burden Of their cry, which
has died out when the surveyors rc-
por, on the cost of bridging the river
gets in.
LAST week William Woodburn OF
Dee Moines, president Of the nsw line