Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-10-15
ARTICLES TO Be
FILED THIS WEEK
Salt Lake & Garfield Interurban
Line viii incorporate Here
Possibly Thursday.
OPTION ON SALTAlR GIVEN.
Money Put up by Promoters to Bind
The sale OF Big Resort
Properties.

On Wednesday or Thursday articles
OF Incorporation Of the salt Lake &
Garfield mterurban line win be Aled
with the secretary OF state. The date
has not been definitely fixed, however,
as one Of the prospective incorporators,
who, 1t Is understood. is also connect
cd with the Electric Operating Con-
stuction company OF Broadway, New
York, has Yet to arrive IN Salt Lake
before the company IS formally and
definitely launched. lie is expected
here on Wednesday.
In the meantime the projectors OF the
company are not idle In addition to
securing INC option on the Sanpete VAL
ley road as outlined IN the News" ex-
clusiYely last week, they are now seek
Ing to purchase the Salt Lake 4 Los
Angeles road and saltar pavilion out
right from the present holders.
Nh. a. D. Bowen, the chief repre-
sentative Of the crowd which promises
effective and cheap interurban service
tor SAT- Lake, Is quoted this morning
as saying the deal has been already
closed. This Is denied by the owners
OF these valuable properties. Joseph
Nelson, secretary and treasurer Of the
company and cashier of the Utah Ma
ti0nal bank this morning said TO the
News"
You can deny without any reserva-
tion that either the Salt Lake d Los
Angeles or the Satalr pavilion have
been sold byu We are not Offering,
nor have offered, these properties for
sale, because, instead of US losing
money OH them we think that they
are good Investments Last season
we nettod over $4,000 from these prop
critics over and above all expenses, and
next season we anticipate that the net
earnings will go up to 100000. Three
parties have been after us to sell.
They came to US. We did not go TO
them. Before the properties are sold
the purchasers must pay our price
II we get what we think they are worth
we might sell, but as yet there has been
no sale.
CHURCH AND CLAYTON OUT.
II also desire to correct some wrong
impressions that have been printed re-
garding the Saltalr properties. They
are owned exclusively by G. w. Nibley,
j. L. Langford and myself, The trans
Ter from the Church 10 US was not
nominal one. as q morning paper in
snuates. 1t was purchase outright.
We own q third Of the stock each. Col.
Nephi W. Clayton has no interest in the
companies watever,"
OPTION MONEY PAID.
A. n rye,.o,, g,,bao saap aud asLad
regarding the option paid on Saturday
afternoon said "Our plans are not yet
IN shape to give out. Money was paid
on Saturday 10 bind the sale and we in
tend to purchase the properties
INTEND TO ELECTRIFY.
Mr.. Bowen stated that it was The in
tention to electrlfy the road and ex-
tend II to Garfield. An up-to-date SER
vice to and from the beach all the year
round will be inaugurated together
With a number of improvements along
the amusement line and the erection OF
a large hotel for the accommodation Of
tourists.
WILL DOUBLE TRACK.
II the property is purchased the line
will be double-tracked In time for the
opening OF the season and Salt Lake
will be gwen taste OF what interurban
rapid transit really Is. With electric
cars running frequently out to the lake
all the excitement and discomfort of
scramblns for the train viii be a
thing OF the past. The scheme OF the
promoters Is TO make Saltalr the Coney
Island aud White City OF the west.
The only question is. will they pay
the price at which the beach is being