Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-02-05
WESTERN PACIFIC
MAKES A MOVE.
Filed a Mortgage Bond for $50
OOO,o With Recorder Meeks
Here Yesterday,
LOOKS LIKE BUSINESS AT LAST.
II is Generally Believed That Gould Is
AT the Back Of the Scheme
10 Build.

The Western Pacific took an impor-
tant action yesterday afternoon, A
little before o'clock l.. H. Farnsworth.
cashier OF the Walker Bros. bank and
agent in Utah for the Western Pacific,
filed with Recorder Meeks a mortgage
bond for s5OOOO,OOO The bond was
drawn in favor OF the Bowling Green
Trust company. The proceeds Of the
bond issue are TO be used for the pur-
chase Of some small lines and rights Of
way and for the construction OF the
main line through from San Francisco
10 Salt Lake.
The papers, which are In the form Of
a printed booklet Of so pages bear the
date of Sept l, 1903 The bonds are for
30 years. due Sept /, 1888, bearing In
terest at per cent, both principal and
interest being payable In gold. The in
strument bears the signatures Of both
the officials q the Western Pacific and
the Trust companies. w j, Bartnett,
president and l., r. Bush assistant sec
retarl signed for the railroad company
and William n Taylor. president, and
William NJ. Lewis, secretary, inscribed
their signatures In behalf OF the Bowl.
ing Green Trust company l., II. Farms
worth, the local representative, Is not
inclined to throw any light on the
matter, and contents himself with the
bare statement that he received the
documents yesterday with instructions
to file them.
SALT LAKE TO FRISCO.
The papers set forth that the railway
company Is Incorporated under the laws
OF the state OF California for the pur-
pose Of constructing, purchasing leas-
Ing, owning, acquiring operating and
maintaining lines Of railway, The lines
shall extend from the city OF San Fran
cisco to Salt Lake City. Il Is also pro-
posed to operate branch lines from the
main line and they with all other
rights, privileges, franchises and prop
erty appurtenant thereto and to be used
In connection with the main line and
branches, are included In the terms Of
the mortgage
AS set forth the roads already owned
by The Western Pacific company are
The Alameda & San Joaquin Railway
company the San Francisco Terminal
Railway q Ferry company. the Stock
ton & Beckwlth Pass Railway com.
pany, and the Oakland Railway COM
pany.
SURVEYS MADE.
II is believed now that the mortgage
has been filed that this spring will see
some rapid developments I'm the drec-
ton Of another road for Salt Lake to
the coast Surveyors who have been
In the Held for over year past and nc
one time there were no less than IA
distinct and separate parties scattered
along the route. At the present time
there is party out on the desert west
OF Salt Lake and several Grantsvllle
young men are in the employ Of the
company as teamsters waiting on the
corps with mail, supplies and provisions.
To date II has been practically decided
that the road will enter Salt Lake CITY
via the southwestern end Of the lake
over grade that will he built through
the shallow waters Soundlngs and
surveys have been made also for a
cut-off across the lake IN the vicinity
OF Garfield along the lines Of that OF ths
Ogden-Luci cutoff, but nothing denn-
It's has ben decided in that direction.
as the experience OF the Southern Pa
ciic has not been encouraging
SALT LAKE TERMINALS.
As 10 terminals IN Salt Lake nothing
IL said II IN generally conceded, how
ever, as previously stated I'm the
News that when the Rio Grande
asked for certain franchises for add.
tiona trackage room, depot site and
room for large shops In Salt Lake that
the Gould system had In view the West
ern Pacific
Despite technical denals on the part
OF George j. Gould that he was not
interested In the Western Pacific those
wro profess to know Insist that II is a
part and parcel Of the dream Of George
j, Gould to have transcontinental
line from ocean TO ocean, In support OF
this statement 1t Is pointed out that
from the first the Western Pacific has
gone about It's work In business.like
manner. Terminals In San Francisco
have been acquired, lines bought and
paid for, hundreds Of men have been
given employment IN surveying parties
and otherwise and right along the
checks have been forthcoming every
pay day, and what IL more TO the point.
they have been promptly cashed. AM
other significant fact that has been
previously pointed out Is that VIRGIL B,
Bogue. Goulds consulting engineer,
has recommended the engineers that
Were subsequently engaged, and has
generally exercised supervision over
the surveys made TO date, other Gould
men have had look In on the work
from time 10 time.
The general sentiment Ia that II Is a
Gould proposition out ana out and that
connection win be- made with the Rio
Grande at an early date when the line
will be- pushed forward, big union
depot built at me foot of Third South.
large shops erected and other improve
ments, lnaugWatod that VIII have the
effect Of building up salt Lake
ROUTE TO RE TAKEN
Unless there Is N change In the sur
Vcys already made the route OF tho
Western Pacific from Salt Lake 10 san
Francisco nom the southwest short ot
the lake win he as follows.
From the shore u runs around the
northern end of thc GrauiNIlle range,
crossing Skull valley ANA then the Cc-
OAR mountains thrahgoul Wpaoss
dar mountains through "a low pass that
WIN noOessiiate about ten miles Of
Der cent grade 20 the Cheat Amor-
can dessert ln Skull valley there are
known to exist laIge bodies of various
kinds of ores that recent ASSAYS have
proven couclufyeiy would De- M untold
value were 10 possible tu get them 90
thc uelieTs
rlTrY MILES SAVED
Leltur thp Wel a.dr uf Ono cedar
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