El Paso daily herald. (El Paso, Tex.) 1881-1901, 1901-01-29
SENATOR CLARK's NEW LINE.

SENATOR CLARK'S NEW LINE.
At a meeting Just held in St Louis
the San Pedro. Los Angeles & Salt
Lake railroad formally took over the
properties of the California Improve
ment company, receiving IN return
50 500 600 in bonds and 81 100000 stock
in the railroad company. The con-
tract had been made some time ago,
but a meeting of the stockholders was
necessary to make it binding. This
preliminary work having been done,
work is TO be started Immediately on
the construction of the through line.
Surveyors have been started from sew
eral points.
The Salt Lake line is the one in
which Senator Clark. of Montana. and
r. c. Kerens, of st. Louis, with Perry
Heath and other wealthy people, are
interested in. At present The trackage
of the road is less than fifty miles,
terminating at the docks of San Pedro
and on Terminal Island. which the
California Improvement company
turned over to the road. Construction
men are now at work extending this
short line some sixty miles further to
reach an important point, but the real
work of stringing the rails to Salt Lake
City will commence as soon as the
transit men can be got out of the way.
J. Ross Clark, of Salt Lake, brother
of the senator. and T. E. Gibbon, of
the same city, both of them vice-preS-
idents of the new company, have been
given charge of the building. They are
opening headquarters in Los Angeles,
and from a statement made in Kan
sas City yesterday, they contemplate
building the line as rapidly as it can
be done. There is said to be ample
capital pledged, which is in measure
accounted for by the name of the
Montana copper king. The road ex
poets to get its share of the transcon-
tinental business. Coming as far east
as Salt Lake City, it will have to take
there from Rio Grande Western what
freight and passengers that road re-
ceives for it from the Denver & Rio
Grande and the Colorado Midland, and
these in turn get their consignments
from the lines terminating at Denver
and Colorado Springs. From the fact
that it was stated yesterday the first
work of the builders will be run into
the Riverside country shows the line
expects to go into the orange trade.
1t is expected that the Rio Grande
Western will soon have rival as the
result of this new line. The Denver &
Rio GTande long ago contemplated
building into Salt Lake City. but the
expense of crossing the mountains was
as much as the road could stand at
the time. With a railroad company
able TO build from the Pacific coast to
Salt Lake City. that road may expect
TO see it at least run to Grand Junction
the present terminus of the Rio Gran
de and the Colorado and Midland,
whereas if the Denver & Rio Grande
should parallel the tracks of the Rio
Grande Western from Grand Junction
to Salt Lake it most probably would
have the effect of checking the Salt
Lake line at Salt Lake City.-hansas
City Journal.
ACCEPTED ON TERMS.
The citizens of Albuquerque met
Saturday evening to listen to the re-
port of the special committee on the
proposition of the Santa Fe, Albuquer-
que & Pacific railroad company. The
proposition made by the company was
to the effect that the company would
build a line from Santa Fe to Albu-
querque with an extension from near
San Pedro to connect with the Rock
Island extension from Liberal, Kansas,
to connect with the E. p. & n. E., if
the citizens of Albuquerque would sub
scribe TO the capital stock of the COM
pany to the amount of S150.000.
The proposition was made to the
citizens of Albuquerque on the 18th
inst. and the citizens appointed COM
mittee to make report upon the mat .
ter, to be read before another meeting /.
of the citizens on the 26th inst. The /
committees report is to the effect that
the proposition of the railroad COM
pany be accepted on conditions which =
do not seem to have any Objectionable |
features. One of the terms was already |
agreed upon by the company when the !
proposition was made. That is that /
none of the subscribed money should be |
paid over to the company until the !
road is built, equipped and in opera |
ton. One of the most important con-
ditions for Albuquerque is that the
company will establish and maintain
its business headquarters and general .
offices in that city.
After some discussion the meeting !
unanimously accepted and adopted the
report and it was moved and seconded !
to forward a copy of it to the railroad :
company. If the report is favorable
to the company the president is auth ,
orized to select committee to secure
the required amount of subscriptions /
to the capital stock of the company. |
1t is quite likely that the company Will
comply with the terms of the citizens
of Albuquerque and that the road Will
soon be in course of construction.
THE STILWELL ROAD.
According to the reports from Chi
huahua the Stilwell road is cretaln to
be built. The company now has sur