The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-08-15
R0ckIS[AND GIVES ITS5HOLDIkGS
TO TERMINAL COMPANY
Continued From First Page.

terminal grounds, yards, tracks and
facilities of the company in ST. Paul,
all of this property being what is
known as the Rock Islands holdings
on the West side, the latter road hav-
ing purchased the Burlington, Cedar
Rapids & Northern.
The deed from Thomas III. Brown
simply places in the name of the ter
minal company about 100 lots on the
West side, which were bought up by
him in his capacity of purchasing
agent for the Rock Island. 1t is prop
erty already occupied by the: Rock ISL
and tracks and terminals, running
side, south along the river toward In
yer Grove, or South ST. Paul. The
property until yesterday had remained
in the name of Mr.. Browns
The third deed is from the Chicago,
Rock Island & Pacific, and conveys to
the terminal company all of the Rock
Islands holdings in the four counties
named. Included in this conveyance is
that portion of the Burlington, Cedar
Rapids & Northern between the juno
ton of the South st. Paul Belt Line
railway and the line of the Burlington,
Cedar Rapids & Northern, known as
Inver Grove Junction, and: the bridge
across the Mississippi river in Dakota
county, known as the Belt Line bridge.
There is also included that portion Of
the Burlington, Cedar Rapids &, North
ern extending from the east end of the
Belt Line bridge to Newport, in Wash
ington county, where the Rock Island
now connects with the Milwaukee.
Aside from this the conveyance in
cludeS all of the terminal grounds of
the Burlington, Cedar Rapids & North
ern in Minneapolis, as we'll as num-
Der of other lots owned by the road in
Minneapolis, and all Hands, property
depots, tracks and franchises leased
by the Rock Island from Ethe Burling-
ton, Cedar Rapids & Northern in Ram
sey, Hennepin, Washington and Da-
kota counties.
The deeds were received from the
Rock Islands general office in Chicago
yesterday, and the recording of them
means that the business of the Rock
Island system will soon besin the hands
of the Minneapolis &, St. Paul Ter
minal company esf
"The transfer of this property to the
terminal company is merely a matter
of legal FORM" said E. C. Stringer, of
the firm of Stringer & Seymour, at
torneys for the Rock Island. last night.
There is nothing significant in the
deal and it does not mean any new
construction and practically no change
in the management of the roads af-
fairs. All of the property conveyed
was Rock Island holdings, and it is
still in possession of the Rock Island,
as the Minneapolis & ST. Paul Ter
minal company is Rock Island COM
pany. The change is made simply for
the purpose of expediting matters.
Under our laws it is more convenient
to have such business cared for by a
company Of this kind, and this is the
sole object of the Rock Island in form
%,1~~ 4I,.0 II L
| than friendly formation of terminal
company to care for the Rock Islands
business in Minneapolis, ST. Paul and
! South ST. Paul"
The large property holdings which
the Rock Island has recently purchas-
ed in the vicinity of Inver Grove juno
ton are to be devoted to yard pur-
poses. The Rock Island, it is said, con-
templates the early construction of
large yards at this point, which is a
| convenient one from which to care for
its South st. Paul business.