The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1909-07-02
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math concerned IN the lauafhiat "
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built ut0n = foundation lad bg "
ia0ny 3 ~ ta0 ~ three yeaW ~
aff tht effehsl9n N fhs Rad built ~
that afm viii gifs Mississippi hew
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f1fig three miles In length " said
Nv be pf1bable that eventually The
noa foad viii be- extended from Evans
ton " iitttlesbuis Laurel ahd Mefid
lio. bat ~ Che immediate present
these points viii be- reached over the
Mobile. Jackson and Kansas City and
The New Orleans and Northeastern
Connected with the launching ~
The new enterprise "a little CONNER.
cial history ~ alde interest 10 lum.
bofmen W Denny n o. prior to|
1901, controlled and operated three
large sawmIlls IN the yicinlty " Moss
p0lnt. They we're then engaged IN
cutting from a $1,000 or 10000 acre
tract NJ pine timber land which they
controlled When the financial tf0u.
bles NJ 1907 became acute, the lum.
Der company owed 100000 aud found
itself temporary embarrassed. Though
| 10 had assets estimated 90 be worth
a., 100000 II was unable 30 realize on
them, and consequently unable 10
meet It's obligations. The thirty.six
mile standard gauge road, with tracks
OF seventy. pound steel, which ex-
tended from Moss Point 20 Evanston,
was part OF It's assets.
| Creditors took charge OF the com
panys affairs and In "A short time re-
organization was effected. Henry
Hall, president OF the First National
Bank OF Mobile, was made president.
W. r. Jay OF New Orleans was elected
vice-prcsident, and Wyatt II. Ingram
OF New Orleans was made secretary;
The reorganlzed company gradually
adjusted the affairs Of Denny & Co.,
and operated the properties which 10.
cluded the thirty-siy miles OF railroad
1t was carrying passengers and freight
over the line when the Mississippi
Railroad Commission interposed will
an objection. 1t was then decided +,
incorporate the road. This was done
an authorized capitalization OF rs, 900,
600 being provided for the new com
pany. Mr.. Hall was made presiden
OF the Pascagoula Northern, Will
the other officers selected were MI
Jay and Mr.. Ingram, who are allin
the vice.presidency and secretaryshiI
, respectively.
1t is now proposed to build thre
miles OF new road To connect til
Evanston end OF the Pascagoul
Northern with the Mobile, .Iackso
q aud Kansas City, while extension
' will be made at the Moss Point end
/ connect the new road with the Loui
!. VILE and Nashville at Scranton. TIL
will make the Pascagoula Norther
forty.three miles In length. 1t wi
% tap Il tine stretch OF mineral and tin
"a Der lands.
n The news contained above will
n read with especial interest by eve
!. citizen OF Jackson county, The drea
OF years is about to be realized al
the fruition OF our hopes will 1r
Nv their fulhllment In the consummatit
~ OF this project which has so lor
a been looked forward TO.