Cañon City record., 1908-12-03
KANSAS COLORADO
ELECTRIC PROPOSITION
N DETAIL

(Conanusd iron PAeo 0Aa.)
TO learn that approximately twenty.
ave thousand dollars OF the capitol
stock has already been taken mp hsre
and that only about tan thousand dol
lars worth more remains to b sub
scribed until the amount assigned q
this, community has bsen taken OF tAa
market by the company. II may b
said in this connection that the COM
pany u amply able to build the road
without assistance from people along
the line. but It Ii required ~ an svi-
dence OF good will; - an assurances
that IL win receive their patronaga
and bs regarded 10 . oonsiderable s1-
tent, at least, . local institatton.
II will be seen from . reading OF the
contract under which subscriptions
are received. which 10 herewith ~
pended. that the stock 10 non-as0sos-
able for construction purposes and
non-payable until the road 70 COM
pleted and In operation. Its provis-
Ions are the safest and most liberal.
10 the subscriber. ever prsssatsd IN
this community in connection with Q
public enterprise and cannot fail to
commend themselves to people gen
orally. .aa
Some people may ask why the sub
scriptIon contract does not specify
the kind of motive power to be used
on the proposed railroad. the fire.
quency Of the trips TO be made BY the
cars. etc. These matters were super
fluous: they will be inserted in the
franchises to be granted later BY Can
on City. East Canon and South Canon.
The route of the contemplated cleo
trio road IL given In the contract and
will be interesting reading to those
not fully informed upon that subject
As the Daily Record understands the
proposition the Florence & Cripple
Creek tracks will be electrified for =
distance Of several miles out Of the
city and will be used BY the cars OF
the Kansas-Colorado company. In
stead. however; OF coming up into
town over that line the ears will be
DETECTED 10 tho electric company's
rails in the vicinity OF the poor farm
and proceed via the natatorium and
Central avenue to point In Hardings
addition where the main station will
be established and which will be the
focal point OF all Of the company's
business hero.
A local tramway system will bo
buirt, a. described in the articles Of
agreement, that will provide the peo-
pie Of Canon City with all necessary
means of transportation from ono
portion of the community to another,
especially in the down town district
From the station In Harding's addi-
ton the road will proceed directly to
to the top OF the Royal Gorge, climb
ing the Hogback In the vicinity Of the
fair grounds and going through the
ridge by means Of . tunnel about two
hundred feet from Its summit. The
Of such an enterprise TO
Canon City cannot bs overestimatsd
by the most sanguine and optomlstic
of our people. II will give IN impetus
to every character Of business and
will add tremendously to the popula-
ton and importance Of the oommun-
ity.
It will add to the property Of every
employer Of labor and wage worker
and will enhance the value Of every
species Of property, particularly Of
real estate. There 10 not . man or .
woman In town that would not b
benefited in some way BY the inaugu-
ration Of this splendid enterprise and
there should be . combination of all
interests In the effort to encompass
It's success. -'..
The remaining ten thousand dollars
worth of the capital stock ought to
be taken within the next week or ten
days at the outside by those who will
benefit by the building and operation
of the road. II will be worth many
times that amount to them for It will
bring hither hundreds Of people who
will make their homes here and who
will contribute to all of those things
that go to make UP q progressive,
growing and enterprising community.
1t will add likewise to the prosperity
and well being Of the wage Garner and
every man, who owns homo here.
however modest It may be. can we'll
afford to subscribe to this capital
stock proposition. for, a. we have al
ready stated, It 10 an investment that
promfsea n healthy fInancial return,