Gilpin observer., 1911-11-16
.PACTOLUS ROAD
MAY Be BUILT
PARTIES HERE TO INVESTIGATE
THE PROPOSITION FOR EAST
ERN CAPITALISTS WHO MAY
COMPLETE THE LINE.

R. A. Hall, of the Hall Construc-
tion company, building the Pactolus
and Central City railway, arrived in
the city yesterday in company with
three gentlemen from the east, who
are to look into the road proposition
and If the project is feasible and the
earnings what MIR. Hall claims the
road will have, the completion of the
line is assured
The men who accompanied Mr.. Hall
represent an eastern syndicate OF
capitalists who confine their invest
ments to the construction OF steam
railway systems. In the party We're
Louis B. Lewis, D. c. Dunlap and
Fred B. Silcbee. Mr.. Lewis is the
direct representative of the eastern
syndicate and Mr.. Dunlap is an en-
gineer sent out to look over the
grade, right-oi-way and the general
construction OF the line. Mr.. Silsbee
is a prominent attorney OF Chicago
and the object OF his visit is 10 look
into the legal status OF the PROPOSE
ton.
Last night the gentlemen met With
a number OF the members of the
Chamber Of Commerce TO discuss the
proposition. Mr.. Hall outlined the
amount of grade work that had been
done sirce construction work com
menced and dwelt at length upon the
earning power the road would have
when once completed
Mr.. Silsbee in his remarks said he
was not familiar with the. construc-
ton of railroads and was here mere
.ly to pass upon the legal status OF
the project In the course 'of his re-
marks he said the conditions as they
!, existed in Gilpjn county presented an
unusual siiuation in that everything
: that -v1s-use. 1rr.rsrg cr=consum-
ed in living had to be shipped into
Gilpin county. and on the other hand
everything produced hai TO be ship
pad out. He said from a general gum
ming up of the project it appealed to
him very strongly.
:, MIR. Lewis said that with him and
i his people sentiment never entered
into the consideration o, a PROPOSE
ton. That thy had become interest
;. ed in the road TO the extent of max
i ing an exhaustive investigation and
: if it was determined that the road
> would pay a fair rate OF interest or
the investment, his people would
= complete the line. On the contrary Il
II it did not appear to be a profitable
- investment, their interest in the pro
- ject would cease. Mr.. Lewis said ht
: and Mr.. Dunlap would be in tbs
= county six weeks and the report sub
mitted by Nr. Hall would be gon'
into thoroughly and the investigation
they would make would be complet'
to the minuteet detail.
at Talks were made by II. c. Bol
ce singer, J. C. Fleschhutz, w. j. Stul
tie and &. E. Seymour. These remark
lie covered the advantages that broa'
guage read would be to the entir
lie county. particularly the central pol
at ton Of the county where the prime
pal towns are located. 1t was poin
or ed out where this road would affor
IT. ready transportation OF immens
c. quantities of low grade milling ore
IS Boulder creek, where there is ampl
OF water for reduction works. 1t wa
also shown where the broad guag
road would receive business that
ne could create which a competing lin
gs could not receive regardless of an
n reduction that the present railroa
he may mako. This was in reference all
NY to the tram road which at the presei
Id time 10 hauling about all the oil
Ss there is water available to treat.
up Attorney Slshee subjected Mr. Be
&C. singer to rigid questioning and e
ter deavorcd to tangle him on varlo,
lei statements he had made as to Il
ne earnings of the roai. However, M
.he Bolslngers statements wo-e We
ur guarded, he showed that he kne
viii whct he wGs talking about. ard de
lcr plta tie affcrts OF the attorney
AZ "tie him up" firally convinced NJ
ETY. Srsbee that the ''witress" W
TO-. there with thc facts.
This morning Mr.. Hall ard his ps
ty drove to Pacto'us, wont over 4
e grade ana the principal Fart OF I
a' rlght.osway. Mr. Lewis and Mr.. Du
or lco will commerce their work
n.s gathering Data within the next t'
or three days.