The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-12-01
NORTHWESTERN PLANS To
EXTEND ROAD TO PACIFIC
Proposes to Issue 100000
New Stock to Garry Out
Big Project.
DETAILS RECEIVE ATTENTION


Northwestern Railway company is per-
fecting plans for an unusually busy
year in 1910. The directors, at a
meeting held Saturday in Chicago, de-
cided that ii will soon become neces-
sary to extend the road to the Pacific
coast in order that IL may continue
to be a strong competitor of the Chi
cago, Milwaukee and st. Paul and the
Burlington roads. With this in view
the company is preparing to issue APP
proximately $30.000,000 of new stock,
which is in the ratio of one to four of
outstanding stock. One day last week
the company purchased an additional
tract of eight acres OF land at Butler.
near Milwaukee, from the Wetzel
brothers. This gives the corporation
nearly 400 acres for the yards 1t will
build and it's cutoff belt lines. The
yards, round house building, etc., will
be built on the line dividing Waukesha
and Milwaukee counties. In view of
this important move 1t is thought that
Butler viii in time become a big fac
tory town, as the railway facilities
there will be excellent.
1t is reported that the Northwest
ern people have paid liberal prices for
farm lands at Butler. One farmer
received $4,000 for his tract at time
when he had about closed a deal for
its sale to another farmer for $11 900.
The papers were about to be made out
when the agent of the road came along
and made the farmer the offer, which
he promptly accepted. The value of
the land for some distance from the
town has taken big jump as a re-
suit of the Northwestern's move. An
electric line between Milwaukee and
Beaver Dam is also to pass through
the locality probably few hundred
yards from the Butler postoffice and
this also has had the effect of add
vancing the price of realty in all
parts Of Milwaukee county, where a
few weeks ago the only demand for
land was for farms at the usual acre
age prices for first class selections.
The proposition to build a road to
the Pacific coast has already been
submitted to the officials of the sew
eral states where state consent is re-
quired for the issuance of new rail-
road securities. II is said that this
has not yet been given by
any Of the states to which the propo-
sition has been submitted. which fact
may account for the denial the officers
of the company make in regard to the
stock issue.
II is also known, although not adj
mitted by the companys officials, that
approval has been given Of the con-
struction Of at least 1900 miles of
road to be completed within the next
two or three years. 1t is said that |
the extension and branch lines to be
built during the coming year will re-
1uire approximately $16,000,000, and II
is said that all of the new stock VIII |
not be put on the market as soon as
its issue is authorized. 1t Is said |
that the company has completed and |
surveys OF lines to three i'm
portant coast points. including Seattle,
Portland and San Francisco.
This does not mean necessarily that
he Northwestern will Immediately fin
Ssh extensions to all of these cities.
rhe company Is. however. in a posi-
ton to avail itself of these routes at
my time ii sees fit. The detail of the
is not known outside of
Northwestern official circles. 1t Is
however. that the survey
extends from Landers, Wyo.. through
south Idaho and enters the southeast
I'm corner of Oregon in the vicinity
If Goose Lake, in the Langelis valley.
At this point the line will turn abrupt
Y TO the northwest for Portland and
Seattle. In the region of Goose Lake
llso the survey turns southwest into
and follows the Sacrament
% valley throughout its entire length.
hereby paralleling the Shasta route
If the Southern Pacific.
In connection with the proposed is
Iue of the new stock IL is reported
hat the st. Paul's first step toward a
pacific coast extension was the issu-
ng of exactly the same amount of new
took, namely. s3O,OOO,OOO.
rnAtInur ntloIrN