The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1902-04-30
TO SUPPLY CASH
Company Organized to Fin
ance New Railroad to
the Klondike.
Especial to 4The Jersey city News u

tcptE4di 10 1 ut JERSEY lily 2<t6p
TRENTON. April 30, 1902. THE Great
pany was Incorporated at the office of
the Secretary Of State yesterday. with an
authorized capital of s1o,0000o0.
1t is understood that the purpose of this
company is to furnish the capital for the
Great Northern railway Of Canada, which
proposes building from Duluth, Mimi, to
Dawson. in the Klondike region.
The new company is empowered to deal
in bonds and securities as well as finance
any Canadian corporation, and 1t IS ex-
peetea that the present capital is but a
part of what will follow.
Its capital is divided into 10000 shares
of 500 each. and the incorporators are
Benjamin P. Moore. James McNaught
and Arthur L. Meyer. Jr.
The Great Northern Railway of Cam
ada is being constructed by Chicagoans
and will run several hundred miles north
of the Canadian Pacific. which was at
one time considered as far north as any
railroad could be built owing to the cold
climate
From a point nearly 1000 miles north
west of Winnipeg it win run to the Klon-
dixie. A similar line is being constructed
along the Pacific coast from New West
minister northward. and both may reach
Alaska about the same time. The Great
Northern line is expected to cost more
than $50. 900. 900.
The oldest combination of corporations
came from Mount Holly and were en-
titled the Peoples Electrict Company and
the National Creamery Company.
Each of the concerns has an authorized
capital of 100000 divided into 10000 shares
of SO each, and the incorporators are H.
W. Reynolds, Camden, holds fifty shares
deiphia, and A. G. Dunphy of Marion,
have the same amount in each.
The electric company proposes furnish
ing light and power for any and all pur-
poses, and will, presumably. operate in
Mount Holly, although this is not speci-
fed in the charter.
The creamery company has all the pow
ers that can be conferred upon it and will
deal in creameries and the products there
of in every State of the Union. It is pre-
sumed that it will start a trust or COM
binatien of ereameries throughout the
country
The Ohio Solid Steel Company had a
very bulky paper which it filed, and the
contents empowered it to do anything ard
everything under the sun. including the
requirement OF as many plants as it sees
fit, but the authorized capital is but $1,000
The list of incorporators is a very long
one and each possesses but tw shares Of
the forty issued.
The National Envelope Company,
which started on January 16. 1893, with an
authorized capital of $4,000, and a deter
mination to control the envelope marke.
of the country. filed a notice f dissolution
yesterday and leaves the field of trust.
The Republic Benefit Association, of the
United States, has it's headquarters at
Camden, and the incorporators are Frank
f. Glover. Casper Howarth Walter E.
Cassell. F. r. Hansell and W. L. Weir.
The Locust Wood Cemetery Company
has its hearquarters at Haddonfield. and
the authorized capital is $50, 900. N. j.
Smith, ]. H. Schriner and Isaac A. Brad
dock. of HaddonfieId, are the incorpora-
tors.
The Frank Presbrey Company, incorpo-
rated May II, 1899. with capital of s50,-
900, increased it to 800. 600
The Fixico Mining Company increased
its capital from $4,000 to $4,000.