Cañon City record., 1906-08-09
MANAGER GRANGER PROMISES RIDE
TO TOP OF GORGE NOVEMBER IS
Says Bankers Who Money
Will

w III ~ aio.
Frank S. Granger, vice-president and
general manager of the Canon City,
Florence and Royal Gorge Interurban
Electric Railway, returned to Canon
City on an early train Tuesday morn
ing from New York, where he was
called several weeks ago on account of
financial complications arising in con-
nection with the construction of the
Royal Gorge division of the road.
In the course of conversation with
The Record reporter this morning Mr..
Granger said In substance: !
THE unfortunate state of affairs in
which the company was plunged few
weeks ago owing to its inability to
meet its obligations has been straight
ened out by my visit to New York, and
the road will be built according to the
original program, although the difd-
culties the company has had to over
come will delay its completion for two
or three months beyond the time set
for the opening of the road.
THE company had an iron-clad
agreement with New York capitalists
to furnish it with all the money needed
for the execution of the enterprise.
taking the company's bonds in ex-
change for the cash. Unhappily for
the company our New York corre-
spondents were unable to make good"
at the eleventh hour owing to disas-
trous investments in oil lands in Okla
homa, and the company was forced to
default in the payment of its employees.
"The embarrassment, however, will
be very temporary, as arrangements
have been made with New York bank
ers to finance the company on an am
pie scale and it expects in a short time
to honestly meet every cent of its in
debtedness. OF cours, there is a GER
tain routine that must be gone through
with in untangling such problems as
the company has been called upon to
face and II is impossible 10 state with
absolute certainty when construction
work will be resumed on the road, al
though II is expected that dirt will be
flying again by the first of September.
II take no risk in promising you that
you may take ride on the finest cleo
rric car ycu ever saw. over one Of the
safest and best equipped roadbeds in
the United States on the fifteenth day
of November: in fact. 1 guarantee you
that the road will be formally opened
for business on or before that date.
"On the way back to Canon City
stopped at ST. Louis and inspected the
cars which will be run over the Royal
Gorge line. They are finished and COW
cred with canvas, ready for delivery.
They are the very finest productions
of the car builders art and will be a
revelation of beauty and luxury TO the
people of Colorado, for there is moth
ing like them in this state. The win
dows are nearly three feet in width
and are fitted with the very best quail
ity OF French plate glass and let down
to level with the arm rests on the
seats, They are handsomely uphol-
stored and are nearly as capscious as
the coaches used on steam roads.
1t was the company's ambition to
make the Royal Gorge line one of the
best and most attractive in the coun-
try, and TO that end will leave nothing
undone that will contribute to the COM
fort and convenience of its patrons.
The company is assured as a result
of Investigation that the Royal Gorge
electric line will bring 100000 people
annually to Canon City and that as a
scenic enterprise it will be fully as al
Turing as the Cog Road to the summit
of Pixies Peak. 1t is safe to say that
in consequence of the electric road that
considerably more than 100000 will
be spent by tourists every year in Cam
on City, and that every man. woman
and child will be to some extent bene-
fitted by the company's enterprise.
| Canon City has received more ad-
vertisement as a result of the Royal
Gorge electric line than from all other
sources combined, and If We all pull
together it can be made a city of much
greater Importance than it is now The
railroad is going to be built without
fail. and people ought to quit knocking
and so to boosting. for only in this way
can the best results be obtained