The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1902-04-11
IS !
( MORE BRIGHT.
UNUSUAL ACTIVITY in CIRCLES
OF THE BURLINGTON.
PROSPECTING FOR CUTOFF
Engineer Looking Into Matter Of Di-
rect Connection With Toluca-
Cody Branch.
on Thursdays Daily Gazette.

n
From Thursdays Daily Gazette.
Interest was revived today in the
probable intentions Of the Burlington
With regard to some Of the different
projects the company has been credit
ed with harboring and in which Bill
:ngs has figured to a considerable
extent. The fact that a company
known as the Billings & Northern has
been formed for the purpose of con-
struc'ing a line of railroad to the north
was .aken advantage Of to enc the
hopes which had been allowed to sink
to abysmal depths since it became
known that the engineers who were
employed in making surveys had been
allied off, and when it leaked out that
several Burlington officials were in
the city it only added to the interest
and feeling of buoyancy which ami
mated 30 many persons.
Scouting for New Route.
Among the Burlington men who ar
rived from the east last night was M.
W Ensign Of the engineering corps.
He made no apparent effort to conceal
the object of his visit, as it became
known early this morning that he had
come for the purpose of looking over
a new route for a possible construction
of the long wished for spur to directly
connect this city with the Toluca-
Cody line at some point to the south
of Billings.
This afternoon he and Colonel
Rowley left on horseback on a pros
pecting trip, but instead of following
what has been generally accepted
would be the line that the cutoff
would pursue in case Of it's construc-
ton, they bore to the east and left
the Northern Pacific at a point be-
tween the city and Huntley. From
there they intended to explore the in
%tervening country with a view to find
ing a more feasible route than the
one which has been selected by those
who in offices and stores have been
engaged in railroad construction evey
since the first line was built. -
File Articles.
The incorporators of the Billings &
Northern today filed a copy Of their
articles of Incorporation with the
county clerk. In them it is set forth
that the object of the company is to
construct maintain and operate a rail
! road beginning at Billings, in Yellow
stone county, continuing in a north
westerly direction through Yellow
stone, Meagher, Fergus and Cascade
counties, a distance of about 100
niles, to connect with the Great North
ern road, near Arlington in Cascade
county. The right to build branches
is also reserved.
Billings is named as the principal
place Of business of the company.
The capital stock of the company is
fixed at 81 ,0O0,OOO, divided into 10000
shares Of a par value OF 800, each.
Of the capital stock 100000 has been
subscribed.
The incorporators are, G. w. IIol-
drege, 1896 shares; J. G. Taylor, one
share. H. D. Allen, one share; G. w.
Loomis, one share and Fl. B. Segur.
one share. With the exception Of Mr..
Segur all the ~incorporators are resi-
dents Of Omaha. The stock is non
assessable and the private property of
the stockholders shall not be liable
FOR obligations Of the corporation.
The five incorporators are named
as the directors of the company and
will continue to be the company'3
board until their are reg
ularly elected and qualified. All the
POWERS of the company are vested in
the directors, who may exercise such
powers without the assent or vote of
the stockholders, unless otherwise pro-
yided by law.
The corporate life of the company is
20 years.
Today Mr.. Segur and John Francis.
general passenger and ticket agent of
the Burlington & Missouri, who ar
rived in the city last night, left for
Helena to file the articles with the
secretary Of state.
GOOD RESULTS.