Rocky Ford enterprise., 1908-01-17
TO COMPLETE
M0FFAT ROAD
sYNpIcATE OF COLORADO cAPI.
TALisTs WILL PUSH LINE TO
STEAMBOAT SPRINGS.
BACKED BY MILLIONS
WILL OPEN LARGE TRAFFIC IN
COAL, CATTLE, MINERALS
AND LUMBER.

Denver.-By the Incorporation o,
the Denver.steamboat CONSTRUCTION
Company. which fled its papers with
tho secretary Of state January 10th. ?
the connection OF the Moffat road with
the main body OF coal fields in Routt.
county Is assured. u
The present terminus Of the road
70 harmony. li6 miles from Denver.
The next station will be Mccoy's.
twelve miles further on. Orman &
Crook have finished grading and have
the line ready for the rails to McCoys. 4.
The new construction company will
build &c Steamboat Springs and prob
ably on 70 Hayden. = Il has the assur.
ancc that with the opening Of the coal
fields number OF Individual mine
owners aud syndlcates Will build lines
connecting their property with the
Moffat road. these acting as important
feeders.
David c. Dodge heads the list OF In.
corporators OF the new company. and
associated with him are Henry II. Por
ter. 8. n. Pcrry. John r. campion.
Charles Bocttehcr. Charles J. Hughes,
Jr.. Thomas F. Walsh. L. C. Phipps
and William Byrd Page. The capital
ixation is 3i.soo.ooo and Headquarters
will be maintained both In Denver and
In Routt county.
As stated In the articles. the object
is to take over the bonds and stocks
OF railroad companies and secure COZ.
troll OF and operate them. The right
Is reserved to operate In Denver. Rou,t
and Eagle counties. and such other
counties In Colorado and Utah as may
bc necessary.
Most Of those associated In tho now
company arc also Interested In tho
Continental Railway Tunnel company.
organized some months sso. Friday
negotiations for the building Of tho CT. :
tension were completed and David HS
Mofat signed the agreement with tho
new company. The arrangements On.
tered Into contemplate q completion
Of tho road TO Steamboat Springs by
the end OF 1905.
Tho coal fields TO be tapped cover an
area OF 1000 square miles. All kinds
Of coal arc found in these fields. tho
anthracite being equal In quality 10
the Pennsylvania product
With tho connection Of tho Mofas
road and the coal fields. an Immense
resource ct the state will bc opened.
So favorable In the present outlook
t.sat mining properties in the county
have experienced great stimulus
Syndicatcs are also being formed 10
purchase tracts of land thnt arc after.
ward sutyliyidcj. Into farms and sold
TO homcs,cadcrs. Large sums Of
money arc also being invested In cat
tic.
The mineral springs at Steamboat
Springs have assumed a value for re-
sort purposes. and IL In reported that
n number OF Eastern capitalists have
associated with view of utilizing
them for this purpose. Il II said that
they havc purchased all the unsold
parts OF the Steamboat Springs town.
site. and will make the property one
OF the finest Of the states resorts.
Dorsey bros. OF st. Louis have formed
company to build Mof!at road
feeder twcnty.scvcn miles long. which
will make direct connection with
some OF the anthracite mines.
Tho following is the Official state
mcnt OF the now company.
Tho substantial Denver capitalists. Z
mining men. cattle uicn. beet sugar
men. coal operators and hnancicrs.l
who constitute the board Of dircctorss,.
Of the now company. have Joined Da.
Sid H. Moffat In his great Denver.
Northwestern 4 Pacific railroad enter.
prise. This combination of financially
strong and successful Denver men con.
stitutcs the most powerful combination
Of financial interests which could by
any possibility be gotten together In
Colorado.
Acting together with Mr.. Moffa,.
the Dcnvcr men who have now Joined
him In the enterprise arc financially
able TO construct the railroad TO Salt
Lake City without applying TO any
Eastern capitalists for funds or to any
other railroad organization for as.
sistancc.
For more than a year the Moffat
road. even In Its uncompleted condi.
tion, has been earning the interest
uron all It's bonds which have been
sold. in addition to earning its opera,.
Ing and maintenance expenses. Its
completion through the Routt county
coal fields TO steamboat Springs will
give II such an extensive added traffic
In coal. cattle, minerals, agricultural
products and lumber as will make II
the most profitable railroad enter
prise In the western states.
This new Denver railroad enter.
prise will open to development and
settlement vast region Of great fer.
tility and mineral wealth in northwest.
ern Colorado and northeastern Utah.
now without any railroad communica.
lion and practically unsettled. 1t will
bring tremendous increase in trade
and growth TO Denver.
Merchants and labor will both re.