The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-02
new ERA FOR
SANPETE ROAD
Purchased by Fasteners Who
Promise Extensive De-
velopment.
TO TAP BIG COAL FIELDS
DEAL NEGOTIATED BY T. H..
FITZGERALD OF SALT LAKE.

big railroad deal wassconsummat-
ID yesterday in Salt Lake. when T. il.
Fitzgerald, a former Chicago capitalist
and now of Salt Lake. purchased for
himself and eastern parties the Sanpctc
Valley railroad for a consideration of
approximately 8. 900 900.
Acting for Charles Morrison Of Lon
don, England. who built and has owned
the line for,sfifteen years. Hamilton
sireke OF london. England. and John
William Young OF London, the latter
being vice president Of the road, signed
the papers giving Mr. Fitzgerald and
his hackers control of the 10e-mile
Hine-
Actual control OF the road passes
pnto the hands of Mr. Fitzgerald and
his associates next Monday morning,
and Monday afternoon the OrganiZa-
ton of the new company is to be effect
ed. F. r Coates, formerly chief en-
gineer Of the Great Western road, will
unQue5tionably be made president of
The new company, and Mr.. Fitzgerald
will probably be made vice president.
With the information of the sale of
the line TO Mr.. Fitzgerald and his asso-
Fciates yesterday, announcement was
made by the former of the proposed ex-
tensions of the road, which, if carried
out as they are planned. viii be of the
utmost importance to Utah and to Salt
Lake City
Extension This Year.
First and OF the greatest Importance
TO this section of the state is the an
snounced intention of the new owners
of the road TO start work this year on
n 100-mile extension to the Morrison
coal fields TO the east of Manti and
thence into the Ferron coal fields of
Emery county. These coal beds are
known to be the richest in the state,
and at present they are being worked
ON a very small scale. Their possibili-
ties are unlimited, it is claimed. and
with the situation in regard TO Utah's
coal supply as uncertain as it is at
present the opening of these great
Fields and their development is of the
greatest possible moment to the entire
state.
1t win cost $1,000, 900 TO complete
the extensions we have in mind. said
mr.. Fitzgerald yesterday. Il cannot
give any details of what we propose to
do in the way of new branches and ex-
tensions, however, beyond a definite
statement that we have completed all
arrangements for building the 190-mile
line TO the Morrison and Ferron coal
fields this year"
MIR Fitzgerald and his associates
operate a considerable portion of the
Eucrrison fields at present, and these
are to be rapidly developed as soon as
the proposed extension is started.
May Build TO Denver.
That other branches are to be built
cannot be questioned, as the Sanpete
road taps one of the most fertile and
one of The richest section of Utah
and there is every inducement for ex-
tensions With his pencil on the map
yesterday, Mr. Fitzgerald traced a
faint line from the F'arren coal fields
down the valley of the San Rafael,
past Green River and over Pueblo way.
Then he started at NeDhi, on the Salt
lake route. and the head of the San
pete railroad and ran a line into Salt
Lake City eft viii take time. but
sooner or later well get TO Pueblo and
. TO Salt Lake City via the Sanpete line
was his comment. In fact. several
CORDS of engineers and surveyors are
now in the field in the vicinity of the
san Rafael valley surveying a line
Through thai secti01 of the state to a
point below Green River.
BY putting q line through this valley
the Saa!Sete road would get per cent
better grade than The Rio Grande has
obtained Railroad men yesterday had
little hesiiGncy in declaring that il is
entirely probable that the SanDete line
VIII IN Ilrne De e1tenoeu 10 PueOtO ana
Denver.
Built by Morrison.
The road was built about fifteen
years ago by Charles Morrison, 50 Pull
man street. Lordon, England II runs
from Nephi on the Salt Lake route, 43
miles in a southeasterIy direction to
iManti on the Denver q Rio Grande
line. 1t has cost Mr. Morrison about
81, 900, 900. The latter is the third ric.l-
est man in England and has an income
of about $15,0O0lOSo a year. He is "a
years old, and for the past few years
had paid but little attention to the well
fare or development of the Sanpete
line. He is president of the company
owning the line. and John William
Young, now here representing him. is
vice president of the line. Hamilton
Greke is one Of the heavy stOckhold-
ers in the company
The proposed extension OF the line