The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-10-27
RAILROAD news.
Annual Meeting of Santa Fe
Stockholders Dec. IL.
Important Business Announced
by President Ripley.
CONSOLIDATE LINES.
Construction of PecOs Valley
Cutoff to Be Authorized.
Four New Directors Will BE
Elected.

Joining into one company. the vari-
Ous lines comprising the Atchison, To-
peka & Santa Re system will be pro-
ject the stockholders will be asked to
approve at their annual meeting in To-
peka on December II.
President Ripley. in a circular to the
Stockholders. gives details of the pro-
posed amalgamation, and says the
meeting will be one of the greatest i'm
portance to the company. Four direc-
tors, whose terms have expired, are also
90 be elected 1t this meeting.
President Ripley in his circular says
the main objects of the annual meeting
will be:
ITO approve of and confirm the pur-
chase CT the railroad and other proper
ty, rights, powers, privileges, grants,
and franchises of the Santa Fe Paclflc
Railroad company, all the stock ana
bonds of which are owned by the Atchl-
son, Topeka K Santa Fe Railway COM
pany. At the last session OF congress
an act was passed authorizing the sale
or lease by the Santa Fe Paclf1c Kali
road company Of its railroad and other
property to the Atchison, Topeka x
Santa Fe Railway company, and 1t is
proposed to execute conveyance under
this act No new obligations will be
created and the proposed action is in
pursuance of the policy heretofore fol-
lowed of consolidating and unifying the
system and its bookkeeping by Vesting
in this company. so far as practicable,
the legal title to the various lines en-
braced in its system.
ITO approve OF and confirm the pur-
chase by this cOmDdny of the stocks and
bonds of the Eastern Oklahoma Railway
company, the KIowa. Chickasha ana Fo-t
Smith Railway company. the Guthrie and
Western Railway company. and the East
ern Railway company of New Mexico and
the construction of the railroads OF these
Companies. The Eastern Oklahoma Rail
way company, the KiOwa, Chickasha and
Fort Smith Railway company, and the
Guthrie and Western Railway company
were organized to construct the extensions
in Oklahoma referred to in the annual re-
ports of 1860 and 1901 They have con-
structed or in course of construction
about Bog miles of railroad, of which a
substantial part has been completed The
Eastern Railway company of New Mexico
is to construct a line extending from a
point on the present line between Alhu
querque and FL Paso, in an easterly d.
rection to the PecOs Valley and North
eastern railway. This new line when con-
structed will provide a cutoff. shortening
the transcontinental line of your company
and obviating the difficult grades of the
Glorieta and Ration passes.
ITO approve of and ratify the purchase
Of the several railroads and properties OF
other companies and the stocks and bonds
issued by other companies that have been
purchased by this company under author
ity of the board of directors. The object
is to ratify and confirm the several &c
QUESTIONS of the character stated that
Rave been referred to in the annual re-
ports heretofore issued to the stockhold-
ers."
The directors whose terms expire this
year are Howell Jones, Topeka: Edward
p. Ripley. Chicago; Byron L. Smith, Chi
cago; Charles Steele, New York.