Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-06-24
PUSHING THE
MOFFAT ROAD.
Denver Northwestern & Pacific
Organized for Business in
This State,
LETCHER IS RESIDENT AGENT.
Chief Promoter Says Rails Arc Being
Laid as Fast as Possible, and All
Bills VIII be Paid.

with the filing OF a copy OF It's ar
ticles OF incorporation yesterday after
noon, the Denver Northwestern & Pa
elf Railway company so far as Utah Is
concerned, becomes certainty AS
stated IN last nights News" this COM
pany is building what Is known as the
Moffat road" the short line between
Denver and this city. It's principal
place Of business IN this state Is Salt
Lake city and ], n, Lotcher clerk Of
the United states district court, IL des-
ignated in the articles fled as resident
agent.
The object OF the company Is TO own,
operate and maintain railway lines In
the states Of Colorado, Utah, Nevada,
California and such other states In the
United States ms may be selected by
the board OF directors. The term OF
existence OF the road shall be 90 years
from the date of filing the articles.
The articles state that the several
lines Of railway Of the Denver, North
western & Pacific Railway company
shall extend from the city Of Denver.
Colo, by the most feasible route to the
city OF San Francisco Cal, by the way
OF Salt Lake CITY IN the state Of Utah.
The capital stock of the company
shall be 100000 600 par value, divided
In 100000 shares OF 800 each, par
value "and shall be divided into 49,
100000 OF preferred stock, upon which
shall be paid 3 per cent annually. nom
cumulative divided before the common
stock shall be entitled TO receive a div
idend IN any year, and Of Sl0,000,000 OF
common stock"
The control and management OF the
road shall be vested In n board Of d.
roctors to consist OF seven members,
whose names are David II. Moffat
Walter S. Cheesman, William @, Evans.
Charles j. Huhges, George ~. Ross
Levin. Samuel NJ. Perry and Frank 3.
Gibson, all residents OF Denver.
The principal business OF the COM
pany shall be carried on IN the counties
Of Arapahoe, Jefferson, Boulder Gllpln
Larlmer. Grand Summit and Routt, In
the state OF Colorado and the counties
OF Uintah, Wnsatch, Summit and Salt
Lake, In the state Of Utah, and such
other counties In other states or In the
above named states as shall seem best
W inv Dbhlu VI ulltiNbIH
MORTGAGE RECORDED.
The articles filed with the secretary
of state are signed by the seven Denver
capitalists who are to act with the
board OF directors.
One OF the several endorsements to
the articles states that branch line Is
20 be built from the main line at n
point In the Grand valley, Eagle coun-
ty, Colorado In southerly direction
through portions OF Eagle and Grand
counties, to n terminus at or near the
town OF Glenwood Springs Garfield
county, Colo, a distance of about sew
enty miles.
After filing the articles G.. Turnbull
and Jerrold II. Letcher visited the
county recorders office, where they
had recorded a copy OF the first mort
gage OF the road to the Mercantile
Trust company OF the city OF New
York. trustee The instrument is dated
Sept, I, 1902, and Is for s22, 100000 II
covers the roadbed OF the company In
Salt Lake county
MoFFAT SPEAKS OUT.
Concerning the roads affairs, Mr..
Mofat yesterday made the following
ACCOMPLISHMENTS
THE Denver, Northwestern & Pa
clfic railroad will be pushed beyond the
range as fast as we can lay the rails.
Those who say we have stopped where
we are and cannot 80 further for lack
of money are the usual howlers. II
these howlers have any bills against
me, let them present them and l will
pay them-only let them let us alone.
(Signed) DAVID II, MOFFAT."
-Four thousand tons OF steel rails
have been ordered for the Moffat short
line by General Manager A. c. Ridg-
way, and within few months 20 add -
tional miles OF track will have been
laid toward the ultimate goal--Salt
Lake City.
I'VE do not intend to requset bids
for the big tunnel for SIX months" said
Mr. Moffat, and will use the track on
the hillsldes until it IL finished. But
we are pushing work beyond the range
and intend reaching the coal and cat
tie country beyond as soon as possible"