Gilpin observer., 1906-03-01
new ROAD NORTH
TO SECURE RIGHT OF WAY
THROUGH FORT COLLINS.
C0L0RAD0-WY0MING LINE
Denver, Yellowstone and Pacific
From Denver to Waleott, Wyo-
mino-Construction to Be Pushed.

ming-Construction to Be Pushed.
Denver.-A Republican special from
Fort Collins says: Colonel Powers,
president of the Denver, Yellowstone
Pacific Railway Company, accom-
panied by Secretary Chenowith, Gen.
eral Manager Hohl and Ex-Governor
Chatterton of Wyoming, all of that
corporation, arrived Thursday evening
and next day had a conference with the
chamber of commerce and leading citi-
zens at which the plans of the com
pany were specifically outlined and
laid before the meeting.
Colonel Powers stated that condi-
tional contracts for the Construction
of the the road from Denver to Wal
colt, Wyoming, had been let and that
actual construction work would be-
gin at Denver soon after the question
OF right-of-way through and terminal
privileges in Fort Collins had been def
nitely settled. He asked the citizens
OF Fort Collins to furnish the right-of
way and adequate terminals free of
expense to the company.
This the citizens are willing to con-
cede provided they are assured that
the road will be built on the located
route from Denver to Walcott.
AS an evidence of good faith and to
guarantee the citizens against loss in
the event of the purchase of the prop
erty required, the railroad company has
deposited $150,000 of it's corporate
bonds in the three banks of this city.
to be held in escrow until the road is
built through to connection with the
Union Pacific at Walcott, with the fur
ther understanding that in case the
bonds are sold before the road is COM
pleted, the company will deposit in
their stead $4,000 in cash, to be held
in place of the bonds.
Inns proposition was satisfactory to
the chamber of commerce and to the
committee Of citizens and an agree
ment was entered into between Col
onel Powers and the other officers of
the railroad company and the citizens
to that effect.
Colonel Powers stated that the com.
pany was considering an alternate
proposition, and that is to build from
Walden, North park, through Muddy
pass to a connection with the Moffat
road at some point in Middle park, in
stead of through Fort Collins. This
route will only be considered. he said
in case the company should be unable
to secure right of way through Fort
Collins.
With the deposit of the bonds as
guarantee, the citizens feel that they
will be amply secured and they will
now go forward and buy the property
needed for right Of way and terminals
The chamber of commerce resolved 1t
self into a committee of the whole tC
canvass the city for subscriptions for
the right of way fund and there is little
doubt but that the full amount re.
quired will be raised within a few days
Colonel Powers stated that the
money to build the road was in the
treasury and that all the company Is
waiting for is a settlement Of the right
Of way question through this city.
This matter disposed of. he said, the
graders will be put at work at Denver.
construction will be pushed with all
possible speed and the road will be
completed and ready for operation in
time for handling fall trade in and out
of Fort Collins.