The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-04-24
EASTERN MEN
WITH CAPITAL
Made Definite Proposition to
WichitanS.
TO BUILD SOUTHEAST ROAD
They Will Put Up $4,000 as
a Guarantee.

The owners of the charter and survey
and profiles of the southeast road from
Wichita to the McAlister coal fields have
received definite proposition from east
ern capitalists 10 build the line. There
are in the city today representatives CT
eastern capitalists and it is expected that
the deal will be closed this afternoon 10
/ turn over the charter, engineers reports
and profiles made of the road soma years
ago on condition that this company is
to build the line
The proposition submitted to the WITCH
ita people who own the papers is under
stood to be that the representative OF
the eastern parties are TO place in escrow
in some Wichita bank $500 In lieu of
this the company is to receive the data
collected and use it in building the line
as far they are able TO do so. The pro-
files and reports are To become the COM
pany property when the road is COM
pleted and the money placed in the banks
is a guarante of good faith on their part
Some years ago a party of Wichitans
organized railroad company to build
line from Wichita into the coal fields of
the Indian Territory. The fuel problem
was interesting Wichita at that tine, as
it is now, and the promoters knew that
the only way to get factories here was
to have cheap fuel, and in order to do
this it was necessary to have an air line
Tito the nearest and best fields. The :all
roads at that time operating in the In
din Territory fields and into Wichita did
not seem disposed to aid this city by
any reduction of rates, so the citizens
were OF the opinion that the only method
OF relief was to build line Of their own.
Accordingly "A engineer
and the survey was made. 1t was thor
ough survey and those who have eX
amined the reports and profiles were well
pleased with them. Owing 10 changes in
population in some sections IL has been
found necessary TO vary from the original
profiles in a few instances. but the st.
Louis people interested in the scheme
agree to follow out the general line IA
the reports and profiles have mapped out.
st. Louis people are said to be the most
interested in the proposition and they
have plenty of cash to build the line.
All are men Of experience in railroad
building and promoting, and 1t was only
after a careful study of the propositions
that they submitted their proposition to
Wich.la. They viii build the line into
the coal fields and will not tarry in the
doing. 1t is expected that the arrange
ments will be completed within a few
weeks and active work will begin to start
building the line.
Frank Wood of the Jett & Wood Gro
Gerry company was in Lindsborg Wednes-
day evening and attended a meeting Cf
citizens of that point and listened to the
propositions made by the promoters of
the Nebraska Kansas and Gulf railroad
This company means business and now
has a surveying corps in the field. The
route of the line is from Saiina south.
through Mcpherson, Lindsborg. Halstead,
and Wichita and thence southeast 10
Fort Smith. Ark. The men making the
preliminary survey expect to reach this
city the first of next week, and the pro
motors of the company announced at the
Lindsborg meeting that they would make
q proposition to Wichita and Sedgwlck
county within a few days.
Mr. Wood stated that the meeting was
attended by good delegations from Nc
Pherson and Halstead and every one
eeemed interested in how Wichita would
accept the proposition. Every one wanted
short line traffic connections with his
city, especially the people of Lindsborg.