Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1902-10-29
SANTA FE STOCKHOLDERS.
Annual Meeting Dec. II--Important
Business Announced BY President.
new DIRECTORS TO Be ELECTED.

Joining into one company, the vari-
Gus lines comprising the Atchison, To-
peka & Santa Fe system will be a pro-
ject the stockholders will he 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 to be elected at 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 of the railroad and other prop
erty, rights, powers, privileges, grants,
and franchises of the Santa Fe Pacific
Railroad company, all the stock and
bonds of which are owned by the Atch-
ison, Topeka & Santa Fe Railway COM
pany. At the last session of congress
an act was passed authorizing the sale
or lease by the Santa Fe Pacific Rail-
road company of it's railroad and other
property to the Atchison, Topeka &
Santa Fe Railway company, and it is
proposed to execute a conveyance un-
der this act. No new obligations will
be created and the proposed action is
in pursuance of the policy heretofore
followed of consolidating and unifying
the system and it's bookkeeping by
vesting in this company, so far as prac-
ticable, the legal title to the various
lines embraced in it's system.
"To approve Of and confirm the
purchase by this company of the stocks
and bonds of the Eastern Oklahoma
Railway company, the Kiowa, Chicka-
sha & Fort Smith Railway company,
the Guthrie & Western Railway COM
pany, and the Eastern Railway COM
pany of New Mexico and the construc-
ton of the railroads of these COM
panies. The Eastern Oklahoma Rail-
way company, the Kiowa, Chickasha. &
Fort Smith Railway company, and the
Guthrie & Western Railway company
were organized to construct the extern
sions in Oklahoma referred to in the
annual reports of 1900 and 1901. They
have constructed or in course of con-
struction about 306 miles of railroad,
of which a substantial part has been
completed. The Eastern Railway com
pany of New Mexico Is to construct a
line extending from a point On the
: present line between Albuquerque and
Ell Paso, in IN easterly direction to the
Pecos Valley & Northeastern railway.
This new line when constructed will
provide a cut off, shortening the trans
continental line of your company and
: obviating the difficult grades of the
: Glorieta and Ration passes.
ITO approve of and ratify the pur'
chase of the several railroads and
properties of other companies and the
: stocks and bonds issued by other com,
!, this company under authority of the
board of directors. The object is tC
r ratify and confirm the several acquisi
tions of the character stated that have
been referred to in the annual reports
heretofore issued to the stockholders
The directors whose terms expire
9 this year are Howell Jones, Topeka
Edward p. Ripley. Chicago; Byron L
Smith, Chicago; Charles Steele, New
y York.