St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1905-02-04
Extension is Planned.
East Louisiana May Buii(
into the City. ],

Provision has been made in the
charter Of the New Orleans Gses,
Northern for the extension OF thai
line from SIidell, La, ~ New Or:
leans. The Great Northern is the
successor OF the East Louisiana. .
The real object OF F. F. Good.
years several recent visits to The
city has been revealed in the ding d
two closely related charters in til
new Orleans mortgage Office. One
Is that OF tue New Orleans Great
Northern Railroad Company. and
the other that Of the Great South.
ern Railway CONSTRUCTION Company,
the first contract OF which will n.
volve the construction OF the New
Orleans Crest Northern :
Mr.. Goodyear visited New Or
leans SEVERAL times within the past
month, but always maintained I
persistent reticence concerning bic
affairs, OF at least concerning thu
details Of bis projects. When lie
was here two weeks ago be was will.
ing and eager TO discuss HE lumbAl
interests in St Tammany and
Washington parishes, but bis ooly
comment on the railroad in which
he 10 interested WAS that bic plaae
had not vet mstured. Il
Mr.. Goodyesr's plans have now
matured. !.
1t Is stated in the petition for The
charter OF the New Orleans Crest
Northern Railroad Company this
the company has been organized 10
assume ownership OF the East Lou
isiana Railroad, and to construct
and otherwise acquire and opersse
= railroad. from Slidell, through the
parishes 1T st. Tsmmany and Wash.
,nytOn, aid form connections With
railroad between Slidsli
and New Orleans, or TO build ana
operate such another railroad. Z
The tracks OF the New Orleans
and Northeastern will be used iro1p
Slidell to New Orleans. . distances
Of about thirty miles, but provisine
10 made 10 one OF the clauses Of TIE
charter to extend the line from ST
dell to New Orleans, il such ~ ex,
tension is desired. i.
This lister addition 70 the rail-,
road network Of Louisiana 10 CAPT.
'slized u el.loo,ooo, the shares 10
be Of the value Of 500 eacb.. The
list OF officers and directoss and the
AMOUNT OF shares owned by each Il
gwen - follows: F. II. Goodyear,
president, 200 shares +; Z. ". G..o&
year, vice.prssident, 100 shsres !; !
;. J. James. secretary. so shsEss !; |
Y E. Olmstesd, so shares; James |
. Lacey. so shares; N. G. Pesr.
all, manager, % shares; Z. II.
Farrar, 50 shares.
At the same time there was 6ied
be charter Of the company which
To construct the new road, the
'reat Southern Railway Construc
ion Company, which is capitalized
t $4,000. The officers are given
. Victor rhrane. OF the timbes 6rm
I James d 'acey & Co., o: THE
'ty, president, holding $1,000 worth
I stock; ". p. Huey, vice presi-
ent, $1,000; E. J.. Stockle, secre-
ary, $1,000, and the Crest South.
ru Lumber Company, t?2,W0
'orth of stock.
The Great southern Lumber
company, in which . majority OF
le stockholders Of the new RAILROAD I
re said to be members. has Offices .
nd plane in Buffalo n Y, aud .
harrisburg, Pa. The company
sns between 800, 900 aud 4o0,.
10 acres Of virgin timber land 10
!. Tammanv and Washington par.
hes. and recently purchased the Z
asst Louisiana Railroad Company, q
'eether With 6000 or more acres u
mber land. from the late Polite I
mt & Fssre Lumber Company. q
be East Louisiana Railr0sd 10 to G
extended to the Mississippi line,
ID will be used in connection with
e company's saw mill and lumber
terests. The line vaa neceAsarv :,
~>.An. - -.vl, H0,o <:u,hus ,,,r anA l .,