Mexico Missouri message., 1902-05-15
THE ELECTRIC ROAD.
Company to be Incorporated
Survey at Once.

much II dream, may yet prove Il
reality.
.. A. Thompson, of Thompson
VILE, original promoter of the line,
and j. ID. Houseman, who built
the st. Louis and st. Charles elec.
tric railway, met number of Mex
ico's business men at the Court
House last Thursday night and the
matter was given Il pretty thoro
canvass. Mr.. Housemau made Il
lengthy talk and answered all
queries.
It is understood that II com
pany will be formed with Il capi-
tai of $4,000 to begin with, the
survey for the road to be begun at
once.
Mr.. Houscman and Mr.. Thomp.
son had Just driven over the terri
tory thru which il is proposed to
build the road, and Mr.. Houscman
said he never saw Il more magnlii-
cent farming country and one bet
ter laid out for building an cleo
tric railroad. He was sure the
road would pay. Thought that
but one power house would be
necessary, aud that at the cross of
the roads-bctwccn Mexico and
Paris. Besides giving power for
running the trains of the road, II
would also furnish electric lighting
for any city or town or farm houses
with which it was connected
The full equipment for the road
would cost on an average of about
ST., 600 per mile.
If the road is built MIR
Houscman will take stock in th,
enterprise.
Mr.. Thompson and Mr.. House
man differ IA little in some details
in discussing the plan, "A mum
Der of ON exchanges have pub
lishcd the following interview will
Mr.. Thompson:
Mr.. Thompson says that TIN
proposed route ont of hcadQuarter
at Moberly was through mining
> district, then out through Il mos
excellent agricultural belt to Mid
dlcgrovc and from that point fork
! ed to ThompSonvillc, Centralia
. Paris, Mexico, Santa Fc, and Pen
ry. In all this line of roadbe
e but one grade of any importanc
= is encountered and that will !
; easily overcome by willing hanC
and IL small quantity of nitro gl'
80 cernr, and he also stated that Il
II entire road. sixty miles, could !
II bnilt at about So, 800 per mile il
y elusive of rolling stock and pow,
= houses. The power houses vi
Il he erected one at Mexico and 0l
at Mobcrly.
He is at present considering tv
methods for operation. First, 4
incorporate party of -four men,
ID. Stoncr, +. Il. Miller, {.
~ Thompson and James Starr, won
furnish the money, equip Il
. road and charge the farmers +
shares, 81 per acre for the fin
Gao acres lying adjacent to t
- line aud - cents for the scc0l
Gao acres. This is good prol
sitiOn and to our mind one III
would not work II hardship on t
land owners. Say he owned Il
" acres lying next 10 the propos
line, it would cost him %6lO
shares in the deal. In addition
his dividends hc would have
land enhanced by the increase
modern transportation m"tho'
Second. if the required amount
finance could not be mad" mp
plan No. !. then there would
- but little trouble in floating bon
to secure rolling stock, ms he
H. already many advances from 81
.n- italist- from different quarters II
mt ed to be let in ON the deal, !
cy would bring capital to the count
that essential element IN the dcN
opmcnt of any district, whether
'aS be adapted to mining, agrlruIt
aSt al or manufacturing pursuits.
rec Mr.. Thompson stated that
passenger rate on the line ""
=, perhaps be one cent per mi"
- the freight rate would proba
s 80 be one-half charged by the st'
roads.
Ia, Eoyy Are Your KIJneysf