Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-06-21
HARTMAN IS
NOT INTERESTED i| /: ] D
Is in No Way Connected With.
Project in Which Utah
Men Invested.
rs AN INDEPENDENT ROAD.
Most OF Stockholders Of Projected
Mexican Railroad Arc Men We'll
known iii This State.

4
~The impression given out in Il
morning paper TO the effect that II.
Fl. Hartman was connected with the
obtaining of the concession to build q
railroad from the city of Oaxaca to the
Pacific coast, and thence to the seaport
OF s;alina Cruz, and westerly along the
west coast TO the seaports of Acapulco,
Eihuatanejo and Manaanillo, in Mex
ico Is crroneous,' said Joseph kim
hall, second vice president and finan-
cial agent OF the Observation-Disclosures
Holding company Of this city, TINS
morning MFR. Hartman was in no
I. way whatsoever connected with the
enterprise, the project having been
carried to u successful issue by Utah,
Idaho, Mexican and New " rk parties,
who are members OF the company
owning the concession.
.9rhe concession to build a road be :
gins, however. ait the southern ter
minus of the line down the west coast
of Mexico controlled by Hartman In
terests, and while there is no friction
between the two interests. the matter
OF carrying this project to the point
K reached was accomplished without the
interest of Mr.. Hartman
UTAH MEN INTERESTED
Z; '.Mosts or tho stockholders Of the
company are Utah people,, continued
Mr.. Iaimball. 1.-THE president Of the
company is a New York man we'll
known in Utah, Captain seeley; the
vice president Is Senator Jose
some Of the ether officers are
residents of Mexico, but many of the
officials are local people, and the pro-
ject might properly be called 5l5ilocal
one although the interests involved
nre very q tensivc,
4, :"The3cornpanN already owns and oper-
/ ates a. railroad extending southwark
4 from the city Of ouxaca AZ miles to
Ejutla, and this will be a link in the
! 1rie which will eventually be built
along the line of the concession grant
+ Ell. That this road will eventually
figure in a direct line from Puget Sound
Ito the a1stlimus of Panama there Is no
doubt. The Mexican-A rnerican Hold
ing company. which controls the con-
j csssion, Will not directly build the road
but another company, subsidiary to the
parent corporation, Will be organized
flor tile purpose. The raj lroad company
will be Incorporated for si0.e00,00 and
wiIl4issue bonds to that amount for the
construction of the road. Papers for
I the organization Of the railroad COM.
spany, preliminary to the issuance Of
Tho bonds have already been cpmplet-
Z ed, and 1T is expected the project will
be carried through to early completion.
Il The country through which the road
y will pa SIS is as yet largely undeveloned,
1 but is exceedingly rich in mineral, agri-
cultural and timber resources. and all
Z the! fruits OF the tropics are abundantly
!. produced In that section. That the
railroad will be q paying investment
it. n In h a
4 and a steamship line is one Of the pros
jeets of the company. 5s
he officers Of the company are a 8
4 follows. President, Capt. e. A. Seeley
i OF New York; first vice president, Jose
f3tsastellot. president of the Mexican sem
ate, of the City of Mexico; second vice
president and financial agent, Joseph
Kimball, president of the Beaver Ilri-
cation e Power company; third vice
president, Charles Hamilton of Mexico
r. City secretary and trea surer, Roswell
5 o. Briggs OF Mexico: and these, with
a u. NJ. Dinond and Judge 6. w. Bartch,
comprise tho board OF directors. Judge
2 Bartch IS also general counsel Of the
company.
S5,55 uTAlH STOCKHOLDERS.
There are 100 Stockholders In the COM
pany, among " HON may bespronlinently
: stiieH ttSlHsS the oIlcerS lliptneu
s llbote, the following well known resi-
dents of Utah: Daniel Afnckay, T. w.
Il loiinond, w. "A. spinnond, r. r.. -Dimond,
+ A. II. Marsdsn. Bishop James r. Jen-
sen. William B'airhurn, C. q. Grape,
Bishop William e, C.runlp, w. 4. Grein-
er, II, II. Cook. Henry Sadler, r. Is.
+ Thomas. James Red1nan, w. j, MEGA
II yocls, fselippe Horr, L. w. Miller, j. II.
Cochrane, Edward Crowther, Corina
Brothers. William H. Child. j. A. Lloyd.
b George Marshall. II. d. Haynes, Albert
G Brown, Bishop J ohm a.. Egbert, t, p.
s John *. Crosby, John II. Barlow and
Mrs. Mary a. Duncombe. T. Il. tFitzger-
+ aid and others. X s
1.-THE progress made by the company
so far has been very gratifying con-
cluded Mr. Kirnbal! .and he outlook
for, the future lis Very bright '5l1s l.3s