New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-16
JOINS HAWLEY INTERESTS
Newman Erb Becomes Director
in Two Western Railroads.
BIG DEVELOPMENT PLANNED
Minneapolis & St. Louis and
Iowa Central to Connect with
Canadian Trunks.
by Telegraph TO The Tribune. ]

Newman Erb, who has a record as q
buyer and seller Of railroads. has ac-
quired large stock interest in the Minne-
apols & ST. Louis and the Iowa Central
roads. owned by Edwin Hawley and his
associates. and was yesterday elected a
director Of both companies.
Mr.. Erb is an old friend OF Hawley's.
but this IS the first time that he has been
directly associated with the Hawley rail-
road properties It was announced that
Mr.. Erb would join Mr.. Hawley in the i'm
mediate development Of tho two roads, OF
which he has become n director. which
will include. Il was stated, the extension
OF the Minneapolis & St Louis to the
Canadian border where Il will connect
with one or both OF the Canadian roads
now being constructed 20 the Pacific Coast
These roads are the Grand Trunk Pacific
and the Canadian Northern Railway, and
the contemplated extension Of the Mime
apolis & ST Louis will give them an en-
trance into Minneapolis and ST. Paul An
important extension of the Iowa Central. 1t
was said, was also one OF the development
plans that Messrs. Hawley and Erb had In
view.
At present the northern terminus OF the
Minneapolis & St. Louis system is Leola,
near the northern boundary OF South Da-
kota, so that Il will have 10 build line
all across the State of North Dakota IN
order to reach Canada. From its starting
point at Minneapolis the road has a line
running south 10 Des Moines, Iowa AZ
Albert Lea, in the same state, IL connects
with the Iowa Central, which operates
from Peoria, H.. 70 that point thus form
ing a through line from Central Illinois
through Iowa, Minnesota and South Da-
kosa-
The two roads have practically the same
officers and directors. Edwin Hawley Is
chairman Of both boards Of directors. and
Theodore P. Shonts is president Of both
the Minneapolis & ST. Louis and the Iowa
Central.
Newman Erb. the new associate Of
Messrs Hawley and Shonts, owns con-
trolling interest IN the Ann ArSor Rail
road. running from Toledo. Ohio, 70
frankfort, on Lake Michigan, which he
bought q little over a year ago from Eu-
gene Zimmerman. He also owns the Chat
tanooga Southern Railroad, which operates
one hundred miles Of road between Chat
tanooga. Tenn, and Gadsden, Ala He
formerly owned the Wisconsin Central
Railway, but sold this road 10 the Cana
dian Pacific system in 1910
Early in 1909 he bought control OF the
Cincinnati Chicago g. st. Louis, running
from Cincinnati TO Chicago, which has
been in the hands Of q receiver FOR several
years. II was thought at the time that Mr.
Erb purchased the road with the intention
Of "fattening' and later selling II to the
HawIey system. So far. however. he has
not parted with II. STIR another road in
which Mr.. Erb is rex Sed to have a large
interest. although het rs not appear upon
its board OF directors, Is the Green Bay &
Western. which has line extending from
Green Bav. Wis, 10 Marshland IN the same
state. a distance Of little over two hun
dred miles.
Besides his railroad properties, Mr.. Erb
also has mining interests and is president
Of the British Columbia Copper Company.