The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-11-24
PLAN OF YOAKUM
LINE IN TEXAS.
Uriah Lott to Confer With Fris-
cos President on Extension
From Sinton to Houston
and Galveston.

Uriah Lott Of Texas. builder of almost
every railway In Southern Texas. Is at
the Planters Hotel. where he will remain
until this evening. when he will depart for
New York to confer with President Yoa-
KUN on the progress OF the work on the
st. Louis Brownsville and Mexican Rail-
road, now under construction from Sinton
to Brownsville and San Miguel. and learn
the plans Of the company in regard to the
extension Of the line north from Sinton TO
Galveston and Houston.
In regard to the extension of the st. L..
B. & NJ from Sinton to Galveston and
Houston, Mr.. Lott stated that while the
contracts for the work had not been let. it
had been practically decided that it was to
be built.
Mr. Lott said that the line from Sinton
north would be a little over $50 miles. and
1t is estimated that 1t will cost at least
100000.
In regard to what steps had been taken
to raise this additional capital. Mr.. Lott
stated that the financing of the road was
almost entirely in the hands of Mr.. ioak-
UNI and his associates in the enterprise,
but that additional stock had not been Is.
sued for this new line, though he supposed
something Of that kind would be done.
AS to where the stock would be placed
Mr.. Lott was unable to state. further than
that the st. Louis Union Trust Company
had taken an important part In financing
miles. but he did not know whether the
securities for the new line would be placed
in New York or st. Louis.
Our contracts call for a completion OF
San Miguel by the LIST OF July" said MI
Lott I'VE have finished grading and are
now beginning track laying. When the
road is completed it will follow the coast
nd tr lnyr-- do
San Miguel with the Mexican National.
thereby having port at Tampica. and
when our line to Galveston is finished we
will have another excellent port.
The St. Locis Brownsville and Mex.
ican taps a rich cattle and agriculture!
country. I have been engaged principally
in securing the necessary land grants. ana
have therefore had but little to do with
the financing.
"My principal reason for stopping OF at
St Louis on my way East was TO report
to parties interested In the progress we
II do not believe our lines to Houston
and Galveston will cost much over S4oCo.-
eco. and l hope that we will be able TO
begin work on 1t at an early date.
Speaking of the plans of the Frisco in
Texas. Mr.. Lott said that the Frisco Rock
Island system would build a line TO san
Antonio. where a connection would be
made with the Mexican Central. MIR. Lott
also confirmed the report that the Santa
Fe purchased the Cane Belt Railroad
4 !
the whooping cowboy is past said Mr..
Lott! "In the southeastern part. along the
line Of our road, the finest cattle in the
world are bred.
ION the King Ranch. which contains
over a million acres. some of the finest
cattle to be found anywhere are reared.
Our land grant from this ranch. which
acres, and land is now selling in that
section at from IS to $50 an acre
When asked in regard to the often re-
I.,, rtav -A11 ..,lsA
few secondhand rails and built almost all
the railroads in Southern Texas, Mr.. Lott
entered a vigorous denial.
"If I ever bought anything secondhand
in nv life / don't know it." said Mr..
Lott. "and it rather rasps me to hear that
old story.