The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-05-14

terests for the interchange Of traffic at
Fort Worth. The Goulds want a con-
tinuance of this agreement and would
like to see the Rock Island remain at
Fort Worth. The Sunset~E Central inter-
ests don't care whether the Rock ISL
and builds to Dallas or not but they
are working to prevent any extension
further than Dallas. To make long
story short, both the Gould and the
Hartman interests are working against
the interests of Dallas. Mr. Gould. II
is stated, has Offered mot TO complete
the Dallas extension of the Interna-
tional and Great Northern If the Rock
Island Will remain at Fort Worth ana
purposes to give the Rock Island all the
north bound freight that the lnterna-
tional and Great Northern can turn
over. Mr.. Hartman has also pledged
the support of the Houston and Texas
Central in the Interchange OF trafilc
scheme provided the Rock Island direct
ors viii be good
ssAIl these facts have been known to
interested Dallasites for weeks, and
they have not been asleep It is said
now that the Rock Island has rejected
all overtures from both Hartman and
the GOulds and will build to the Gulf,
come what may. The new president OF
the Rock Island is something of a
fighter. He has $4,000, 600 in cash to
fight with and is, it is declared, eager
to begin the war. The directors fur
nished the money for the road to reach
St. Louis, Memphis and the Gulf"
Austin, Tex, May Att was au-
thoritatively announced here today that
the determination Of the International
and Great Northern to build a line Of
railway from Navasota to Waxahachle
through the territory which the pro-
posed extension of the Rock Island from
Forth Worth to Galveston is to pass
| viii have no effect on the latter pro-
ject Both companies have placed sur
| veying parties in the field, and 1t is to
/ be a contest between them as to which
viii first build its line The Rock Isl
and expects to complete its extension OF
900 miles within eighteen months
The semi official announcement is
made that the International and Great
/ Northern will not only build an extern
sion from Houston to Beaumont, but
that the line viii also be built to ex-
tend from Beaumont to Orange and
] thence to New Orleans, with a cOnnec-
ton from Beaumont to Sabine Pass.
/ The proposed route parallels the South
ern Pacific.
That the Vanderbilts are alarmed by
J the aggressiVeness of the Moore brothers
in the direction of the Chicago & North
1 western road is indicated by the report
I they are urgently soliciting proxies for
the cOmpany's annual meeting in this
/ city on June 5.
Notwithstanding the denial of Presi-
dent Hughitt and other high officials of
! the Northwestern, it is certain that the
( MOOres will secure representation on
the board of directors, and there is
some danger of the Vanderbilts being
( disturbed in their absolute control OF
the road.
W. H Moore, in New York yesterday
/ denied there was any struggle for con-
troll, saying he had not asked for and
| would not vote any proxies at the meet
ing. His statement, however, failed to
convince many railroad men.
When the books closed last week the
Vanderbilts thought they were safe but
they have since been convinced by in
disputable facts that they are by nc
means out Of the woods.
LEEDS DOUBLES HIS HOLDINGS
President Leeds of the Rock Island
held 10000 shares of Northwestern stock
before the Moore brothers placed him al
the head of the Rock Island, and since
then he has n ore than doubled his hold
ings. The Moore brothers themselves, II
is said, have also acquired a large
amount Of Northwestern stock Blu
this, together with the Leeds stock
would nor give them control unless they
can secure enough proxies from indie
pendent eastern stockholders. To pre-
vent such a coup is the reason the
Vanderbilts are soliciting the proxies O.
independent stockholders.
The Moore brothers deny they are try
ing to secure control of the Northwest
ern, but they admit they hold a lar@l
amount of stock and claim they hav,
bought it for permanent investment. 4
man prominently identified with then
stated yese&day that they are merely
trying to secure representation on tn
Northwestern board to insure friendl,
relations between the Rock Island an,
Northwestern systems. but that the.
had no intention of wrestling contrO
from the Vanderbilts. 1t is the opinion
of this man that the Moore brothers viii
get two members of the board and tina
Albert Keep and Byron l. Smith vii
| retire to make room for them.
The official transfer Of 97.3 per cen
of the combined common and Dreferre,
issues of the ChOctaw. Oklahoma & Gul
railroad stock has been made at tn
office of the ChOctaW company in Phil
adelphia to Speyer & Co.. bankers, 0
New York, which firm is acting for tn
Chicago. Rock Island & Pacific railway
the purchasers of the ChOctaw road. Tn
remaining 81 per cent Of the stock j
held by persons now abroad and will b
taken UP when offered. The purchas
price of the 307, 944 shares transferre
was go, 316 720. After the transfer wa
made the board of directors OF tn
Choctaw road resigned and a new boar
was elected as follows ". H Moore
Robert Mather, George r. Boggs, job
J. Quinlan, ]. F. Elder and Francis !
Cowan-
Ardmore, T. T.. May 14-Several sur
veying parties of the Choetaw, Oklaho
ma & Gulf are running a line from Nc
Lish, I. T., to Denison, Texas. Since tn
Rock island purchased the road it i
said the company will extend from Den
ison to Dallas, Texas, via Sherman, Tex
thus giving Guthrie, Ok, direct lin
into Texas.
The Horton shops have received anothe
order for 100 new 34-foot fat cars Of 800