Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-02-10

and about Denver and IN and about
salt Lake city. as wei as the pioneers
ana citizens Of northwestern Colorado
and northeastern Utah Will I'm the i'm
mediate future. be materially benefited
by the construction and operation az
this railway; therefore, be Il
Resolved by the Denver chamber
Of commerce and Commercial club tha,
the Denver Northwestern q Pacific
Railway company enterprise, originated
by David II. Mollat and his associates
In Denver. IS one Of Important advan.
tage for the development OF large por.
lions OF the states Of Colorado and
Utah, and Win be Of special advantage
In upbullding the city OF Denver. and
IN firmly establishing the city Of Den
w as the great commercial manufac-
turing and financial metropolis Of the
entire Rocky mountain region, and
Resolved, By the Denver Chamber
OF Commerce and Commercial club than
David II Mof'at and his associates In
the enterprise Of building the Denver.
Northwestern & Pacific railway are en-
titled to the hearty communication and
support Of all the people OF this city.
and
Resolved That the Denver Chamber
OF Commerce and Commercial club
pledge to Mr. Moffat their earnest sup
port for his great enterprise"
The Denver Post 90 hand has the
following TO say regarding the latest
deal:
Although the railroad Is said
TO have been transferred for cash
consideration, IL is stated that the
eastern capitalists would not be ayerse
20 taking bonds OF the Frontier steel
and Goa company IN part payment
The articles OF incorporation filed by
this concern Wednesday only call for
a capitalization of $1,000 900. but a
gentleman who is very close TO Moffnt
has declared 1T win be at least $50.
100000 or 1926 100000 proposition"
The right OF way Of the Colorado &
Eastern road extends from point
about 30 miles west Of Lim1n, Col. right
through the vast TRACK OF land where
on the new steel plant is to be located
ana then comes right on into the Union
depot The Union Pacific and the
Rock Island roads have long been
lighting TO secure this little line Tor
right Of way into Denver. but figured
that by holding off they could get II at
q reduced figure Some Of the p'tl-
erty near the depot. and included in
the Colorado & Eastern's right OF
way. has long been In litigation and
the big roads presumed that the iii.
giants would tire Of the fight finally.
u Is now something over 10 years
since the fight started. but no one has
shown the slightest inclination to lay
down"
So when the plans for the steel
works were perfected Monat and his
associates stepped 10 and outwtted the
railroads by securing the sugar peo-
pies road. The shrewdness Of this
move can be further appreciated by
another statement, which is to the cf-
feet that with the building of the steel
'Works and tho completion Of the Colo
rad q Eastern, under its franchise the
Rock Island VIII be permitted to come
into Denver over the Eastern and at
a price which win give Moffat his new
terminal for nothing and allow his
steel works shipping facilities without
cost Furthermore, the Rock Island
VIII be a direct eastern connection Of
the Moffat road to Salt Lake city ard
across the continent to the Pacific
coast