The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1903-04-25
MAY | 1905
IS THE DATE
For Completion of Wichita
and Southern to South Line.
CONTRACT WAS SIGNED
And Eastern Syndicate Takes
Hold of Line,
TO BE 235 MILES LONG
Tapping Coal Fields, Ultimate
Iy to Extend to IideWater.
TO BE 235 MILES LONG

Yesterday afternoon at $50 the con-
tracts were signed by Major NJ W.
Wambaugh, representing capitalists of
St. Louis and New York and the di-
rectors of the Wichita and Southern rail
road whereby the syndicate becomes the
owner OF the charter, survey reports and
profiles of the Wichita and Southern
railway from this city to McAlester, l. T.
The syndicate is to build the line and
have it completed to the state line by the
first day OF May, 1906, and as a guar
antee OF good faith and that they mean
business the syndicate must deposit in
one of the Wichita banks SIS, 600 within
As days of the time of signing the papers.
According TO the contract, the line con-
templated at present is to be 235 miles
long extending in a SoutheaSterly direc-
ton tapping the coal fields OF the Indian
Territory and the present southern ter
minus is McAlester or a point near there.
The company is 10 extend the line, how
ever, after this is completed to some
point on the Gulf of Mexico, thus giving
Wichita direct connection with tide
water and short line mileage to the
coal fields or the Indian Territory.
According TO the contract, Wichita is
to have the headquarters of the COM
pany. The road is to be independent of
Al other lines. The shops, general Of
fees and base OF supplies for the road
during its construction and after the road
is in operation is to be in Wichita. The
syndicate agreed to have the members
Of the Wichita Commercial club and the
Chamber of Commerce appoint en- auditor
to check up the funds Of the company
that come from Wichita and see that
give the city sort of check on all mat
tiers referring to the business OF the COM
p@ny.
The deal was engineered by Mr.. l.. NJ
Conkling, prominent St. Louis attorney.
He has been working on the proposition
for some time and it was only a few days
ago that the syndicate was formed which
would submit such a proposition to the
directors of the company . The syn
dictate is formed among capitalists of st.
Louis and New York and are men of
ample means to build the line. Work
Will begin within a few days to make
the complete propositions TO the cities
and counties through which the line will
pass looking toward the securing of the
subsidies and right for the new
line.
survey was completed a number of
years ago, and this will be followed out,
SilnouSn dTe some changes
will necessarily have to be made.
- The contract calls for the completion of
the line from Wichita TO the state line
within two years. Although this is only
q partial distance of the road as pro-
posed, it is understood that the entire
line will be completed within that time,
although the time limit has not been set
The Wichita people thought it a pretty
good proposition TO have the guarantee
Of the line as far as the Indian Territory
within two years and there would be no
danger of the line not being completed
into the coal fields farther south The
syndicate In the execution of the papers
in the deal propose to take entire charge
of the new road. finance 1t. build it and
operate it. 1t will be a Wichita road,
first, last and all the time, operated to
give Wichita short line into the coal
fields of the Indian Territory and uti-
mately line of her own TO tidewater
All of the directors of the company con-
slider this to be the best proposition Vet
submitted to them and every indication
points to an early completion OF the line.