The Elk Mountain pilot., 1902-07-22
DENVER TO PACIFIC
moFFAr ROAD INCORPORATED.
Will Pass Through Colorado, Utah
and California, Connecting Denver,
Salt Lake City and San Francisco.

Pacific railway will be filed in the of
flee OF secretary of state this morning.
The company will present the hand
some sum of $1,000 as a fee and Colo
radios short line to Salt Lake and the
Pacific coast will be fairly launched.
Articles of the Denver and North
western railway are now on file, but
this is a different line from the Den
yer, Northwestern and Pacific. The
Denver and Northwestern includes the
tramway company's properties and ex-
tends as far as the coal fields at the
base of the mountains near Lyden.
There the Denver, Northwestern and
Pacific begins for the present, although
eventually it will enter the city and
will discharge and receive passengers
at the Union depot like all other trans
continental carriers. The Denver,
Northwestern and Pacific's first impor-
tant division will extend to Salt Lake
a distance of 800 miles. From Salt
Lake the line will extent to the Pacific
coast. Whether line will be built
parallel with the Central Pacific to san
| Francisco or whether arrangements
have been signed with Senator Clark
for perpetual use of his line TO South
ern California, is not announced at this
time. In any event, Senator CLARK is
friendly to the new enterprise, his line
viii be utilized TO Los Angeles and IL
n new road is to be built, to San Fran
cisco it is a matter not yet officially
announced.
The Incorporation papers We're pre-
pared by Attorney Gerald Hughes in
the offices Of C. J. Hughes, Jr., one of
the new directors of the road.
The articles of incorporation contain
ten paragraphs:
FiIst-This paragraph gives the
name of the road-rhe Denver, North
western and Pacific railway.
Second-Objects of the corporation:
All the objects ordinarily given in the
Incorporation of a railroad are pre-
sented
Third - Term OF existence - fifty
years
Fourth-The general route of the line
is here described. 1t will pass through
Colorado. Utah and California, con-
Meeting Denver, Salt Lake City and
San Francisco.
Fifth-Capltal stock The company is
capitalized at S20.0OO.0OO. divided into
100000 shares of 500 each. OF the en-
tire stock, S1OOOO.OOO will be pre-
ferred, drawing interest at the rate OF
five per cent. per annum. This divi-
dcnd is to be non-cumulative and Is TO
be paid before any interest will be de
clareu on tne femdlnlHS SlV,vvo,Vpv Vi
common stock.
be governed by seven directors, all
Denver men. The board for the first
year consists of ID. II. Moffat, Walter
S. Cheesman. William G.. Evans,
Charles ]. Hughes, Jr., George f. Ross
Levin. Samuel y. Perry and Frank
b. Gibson. The same men are named
in the list of incorporators.
Sc eenth-Prncipal offices: The prin-
cipal office of the company will be
maintained in the city of Denver.
Eighth-Counties through which the
road will pass: Arapahoe. Jefferson.
Boulder, Gilpin, Larimer, Grand, Sum-
nit and Routt counties. in Colorado,
and Uintah. Wasatch, Summit and
Salt Lake. in Utah.
Ninth-Powers Of directors: This
paragraph gives the directors power
to adopt rules and regulations, fill va
cancies in the board of directors until
the next annual election and appoint
an executive committee to act when
the board is not in session.
Tenth-Time and place of meetings:
The directors may provide in the by
laws for such meetings as may be
deemed expedient.
Articles similar to those filed in Den
of the states through which the road
will pass. and also at the county seats
of the respective counties traversed by
the line 1t Is noticeable that two of
the men named at the head of the
list of incorporators of the Denver,
Northwestern and Pacific Were direc-
tors of the first railroad entering Den
yer, thirty-two years ago. These two
men are Mr.. Moffat and Mr.. Chees-
man. Mr. Moffat was secretary and
treasurer of the Denver Pacific road.
Bella NJ. Hughes, now living in Denver
was the first president of the Denver
Pacific C. ]. Hughes represents the
same family in the present enterprise.
Former Governor John Evans was one
of the most prominent workers for the
Denver Pacific. William G. Evans, the
son of the governor, has been one of
the most valued assistants to Mr.. Mof-
fat in this great line to the coast.
Others named on the board of direc-
tors are of generation which has
arisen since the pioneers in the rail-
road world of Colorado performed their
task Denver money to the amount
of SjOO,OOO was contributed to the Den
yer Pacific line, and Denver money
is more literally subscribed for the
Moffat line than for any other railroad
enterprise ever originated in the state.
The work on the short line will be
commenced within the next few weeks
and it is confidently expected that
within two years the road will be in
operation to Salt Lake. Bids were
opened yesterday at the office of Presi-
dent Perry of the Denver and North
western, for the construction of the
eighteen miles of road beyond Lyden.
About twenty proposals We're received,
and it will require several days for Il
conclusion to be- reached. The bids
were tabulated and given over to the
engineering department.