The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-09

HEI. .ENA Mont, May s.-St. Paul Chi
caGo and Helena capitalists have just
completed the initial steps in an under
taking which from financial stand
many Years TO come, this being none
other than joint realty railroad deal.
which means the development OF a sec
ton or Montana heretofore handicapped
seriously through lack OF transportation
facilities The leading spirits In the deal
are Il. NJ. Calkins OF st. Paul, son of the
general manager OF the Chicago, NM
waukee & Puget Sound line; John Ring
nng. the Chicago circus man, and Lewis
Pcnwel or Helena. known as the wool
king or the state from the fac' that his
companies are the greatest wool producers
OF the greatest wool state in the union.
Quietly. the right OF way for the rail
road has been purchased which Will give
White sulphur Springs. the seat of
Chicago, Milwaukee & Puget Sound line
q Dorsey, while the complete railroad
plans call for an extension or the line to
Helena from White Sulphur Springs
and from Dorsey through the Smith river
valley 10 connection with the Northern
Pacific At Livingston. which would give
the 81. Paul Yellowstone Park entrance
through The Livingston gateway.
The work will be done through the
Smith River Development company. in
corpora ted here last week with capt. al
we'll Is the leading spirit, together with
another corporation In which Mr. Ring
ling and Nr Calkins are to be the chief
stockholders. This latter Will have direct
charge OF the railroad work. Penwcll VIII
have The minority railroad holdings. while
Calkins and Ringing will have the lesser
realty interest, but the two concerns are
in essence one,
Already. the Conrad Stanford holdings
at the town OF White Sulphur Springs
have been purchased, the price being
S200,00O. Included are the springs them
selves a hotel and 500 building lots, Ring
ling is Tho chief interest in this nnypDH
the sale having been made by che Helena
firm this week. II Is the intention OF the
new owners 10 make Ae- springs not only
the largest but the best known watering
| place III the entire northwest. Before TAX
| ing over the property, the new company
engaged several European specialists and
sent them 10 White sulphur Springs to
examine the waters. determine the maxi
mum flow Of the hot springs and analyZe
| the waters. Their report was unanimous
| that the opening for modern American
| Spa was at hand-the water being OF
/ great temperature and possessing marked
medicinal properties. The reuodelng 81
| the springs by the erection OF a magni-
! hccnt natatcrtum and private baths ant
! swimming pools is 10 begin at once. while
! actual construction is TO start on the rail
| road within a short time.
| East OF Dorsey and far into Park coun
| ty tho development company has pur'
chased several hundred Thousand acre.
| of land. which Is 10 be cut into smalle
parcels and coonized after the so-csllet
! Penwell method. This marks the end o
not few We'll known cattle and sheer
! ranches OF central Montana, and the same
| system Will be followed respecting th'
! land holdings OF the company in Mesgh
| er county. which. while one of the oldes
! Inhabited sections OF the state. has beeI
| SERIOUSLY hampered by lack OF transporta
| tfon facilities. This for more than quar-
tcr OF q century has consisted of stag
| line TO Helena and in more recent years
| enc II Dorsey, as we'll White Sulphu
is seventy three miles from Helena. Thi
| stage line is eventually 10 he replaced b.