Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-04-16
TheBurlneton and Northern Railroad
Company Have Been Issued
Certificate of incorporation.
TO BUILD BILLINGS EXTENSION
II Is Believed Contracts Will be Let
for Its Construction In the Early
Part Of June.

noon Secretary of State Hay issued
certificate of incorporation to the
Burlington q Northern Railroad Co.
According TO the articles of the incor.
poration, which were filed by r. c..
Francis OF Omaha, a new company
that proposes to build an extension
of the Burlington from Billings, 1871
miles, northwest. connecting with the
Great Northern at Arlington. Other
branches may be built IL deemed ad.
visable. The incorporators OF the
company are all officials of the Bur-
lington road. being:
q. w. Holdridge. ]. G. Taylor, H..
ID. Alice and G. w. Loomis. all of
Omaha, and II. B. Segur. of Billings
The capital stock is to be $4,000. 900.
OF which 100000 is subscribed. The
proposed railway, in addition to con-
Meeting the Burlington and Great Nor
thern system. will open a rich stock
growing and mining territory.
Billings. April 1O.-Articles of in
corporation OF the Billings and North
ern railroad company were filed today
with the clerk and recorder and will
be filed with the secretary OF state
tomorrow. The papers were filed by
s. X. c. Francis, who is connected
with the treasury department of the
Burlington railroad in Omaha, and
who arrived in Billings this morning.
being met by II. b. Segur, general ag-
ent for Wyoming and Montana. who
has been west for several weeks. Mr..
Francis brought with him the neces-
sary documents for incorporation,
which had been signed by all the
stockholders with the exception of Mr..
Segur, the latter gentleman signing
them this morning before local not.
airy.
The incorporation is for twenty
years. and the purpose for which the
company is formed is to construct.
maintain and run railroad beginning
at Billings in Yellowstone county,
thence east. running in a northwest
erly direction all through Yellowstone.
Meagher. Fergus and Cascade, a dis
tance Of 19l miles. to connect with the
Great Northern railroad near Aiming.
ton, in the county last named. with
the right TO build such branches there
from as the directors may from time
to time determine, and to have and
enjoy all other powers and privileges
conferred upon railroad companies by
the laws of Montana now existing.
or that may hereafter be enacted.
The amount of capital stock nee.
essary to construct said railroad is ST..
100000. The principal business of the
corporation to be transacted at Bill
lings. A board OF FIVE directors, who
shall be elected as provided by law,
will have charge of the duties of the
company.
The following incorporators shall
act as directors until their successors
are elected and qualify:
G. G. Heldrege. |. C. Taylor, II. d.
klIa. and n w \ non,ig ~ n,,.ho
and II. b. Segur. Billings. The capi-
tai stock is divided into 10000 shares
at 800 each. The actual stock sub.
scribed is 100000 and shares are
held as follows:
G. w. Heldrege, 1896; J. G.. Tay-
lor. j; A. ID. Alice, /; G.. w. Loomis,
I. and II. b. Segur one. All the stock.
holders are well known Burlington
railroad men. Mr.. Holdrege is gener-
al manager of the Burlington road in
Nebraska, and Messrs. Taylor, Alice
and Loomis. are connected In differ.
ent departments Of the road In Nc
braska. while Mr.. Segur is general
agent for the Wyoming division.
Nothing could be learned from eth
er Mr.. Segur or Mr.. Francis regarding
the intentions of the new company.
Nothing is likely to be done until a
meeting of the stockholders, which
Is announced to take place in this city
March 18th. II Is believed that as
soon after that meeting as possible
contracts will be let for construction
work for the proposed line which Is
to eventually connect Billings and
Great Falls.
Billings. April 10.-M. W. Ensign.
chief of the engineering crew Of the
Burlington railroad, who was at the
head of the surveys made between this
city and Great Falls last winter. was
in the city today and In company with
II. w. Rowley started out early this
afternoon TO make trip over the
proposed line for a spur to connect
this city with the Toluca- Cody branch
OF the Burlington some fifteen miles
southeast Of pillings. However, they
did not take the route which has been
proposed for the building Of the spur,