Mexico weekly ledger., 1907-09-19
FITZGERALD HERE
NEW YORK CONTRACTOR here
ABOUT INTERURBAE ROAD
WELL SATISFIED WITH
COUNTRY AND PEG.
PIE.
Wants Private Individuals To take
Hold OF Proposition--Is willingtO
Put up Big Bond to Guarantee
Contract.

Donald Fitzgerald, Of New York
accompanied by A. W. Carpenter, Of
Columbus, Ohio, and John Fl. Watkins
Of Memphis, Mo-, were here Thursday
looking over the proposed Interurpan
route from Memphis to Mexico. Mr..
Mr.. Fitzgerald has closed contract,
with Trust Company bonds guarantee
ing the same In the sum of two hun.
dred thousand dollars for the finan.
ing and constructing of the lnteruban
line from Fairfield, Iowa, south to
Memphis. Mr.. Fitzgerald has also ac-
quired several thousand acres Of the
most valuable coal properties along
the territory. 1t is understood that
these coal properties will be developed
and put into operation simultaneously
with the road. Either northern OF
southern extension connecting several
more trunk lines and securing for the
territory and coal mines the market
which they serve. Mr.. Fitzgerald ex-
presses his satisfaction with the ap-
pearance OF the country from Memp-
his south but expresses his surprise at
the apathy OF the people in so much
needed an enterprise which would be
Of a great advantage TO the country
and Mexico. Unless the people in
terested along this proposed line will
give the matter their iffimediate at
tention the opportunity for a road
now Offering will have passed perma-
nently. He says that 1T is his experience
that civic bodies do not usually accom-.
plish much in this direction, the f.
nancial concerns prefer the enterprise
to be promoted by private individuals
whom 1t would pay well. In general
way he states legitimate and useful
promotion expenses would be refunded
by his financing company to the pro
moters, together with payment for al
their services and good profit added
ANY proposition that will not afford
this, his financial concern would moi
handle.
He further states that having secur
ed an assured earning for such road By
development Of the coal lands ant
opening the market served by thi
several trunk linesthe proposed roat
would cross, a large reduction woult
be allowed In the amount of subsid.
heretofore spoken Of as necessary
He also stated that his concern hai
been much annoyed by the action O
irresponsible promoters who make {
business Of imposing on propositions
and particularly alludes to one or twt
whom he had occasion to take excep
tion to In the line from Memphis Il
Fairfield and whom he now finds writ
ing down to parties along the territory
into Mexico putting obstacles In the
way of the development of the exten-
sion Of the en- ierprise or of Mr.. Fitz'
gerald securing the same. Mr.. Fitz-
gerald insisted as his requisite tC
doing business with the Fairfield
Memphis people that the services Of
these characters be dispensed with; he
states that propositions seem in theil
early stages to have a penchant fol
dealing with such persons, Mr..
Fitzgerald is on bis way back over the
line to Memphis where he will remain
for several days.
For the men Of enterprise and in
dustry who would promote this enter
prise on the proper lines there would
be profit Of several hundred thousand
dollars.