The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1911-10-26

railway, when they met in Topeka for
their sixteenth annual session this at
ternoon. one hundred million dollars
in an increase Of the capital of the roac
and $10O, ,2S9, 900 in an issue of converti-
BILE bonds.
It was admitted by President Ripley
of the Santa Fe after the meeting thls
a big part of the $1OO, 100000 bond issue
would be spent for improvements Oh the
lines of his road. He estimated that in
the next two or three years the COM
pany would spend s3O,OO0,000 for addi-
tions ard betterments.
And this is not all the Santa Fe did
in it's annual session at the Topeka
general offices. The directors ratified
the purchase of two lines of railroad
that will bring the total mileage of the
Santa F'e near the II 900 mark. This
places the road as one of the leaders
in the railways OF the world. 1t gives
an 1000 mile railroad 4 capital of s4s1.-
1885, OOO This is the capital after she
approval of the 100 million dollar IL
crease this afternoon.
The meeting today was the most i'm
portant in the history CT the road. ,
above mentioned facts made it SO. Not
only was he Importance brought on by
the big increase in capital, the big bond
issue ard the purchase Of important
connecting lines, bat more directors
and stockholders were represented to-
day than at any other time in the his
tory of the meetings of the Santa Fc.
GIeed Reelected Director.
Topeka ana ---hsas were given repre-
sentation agdIn on tho board of direc-
tors of the Santa Fe today when Chas.
S. G1eed or this city was reelected Il
director for term of four years. Mr..
| Gleed was q director of the old Atchi-
G. 70
pany from September 10, 1894, until De-
| celnber 12 1886 when the company was
| reorganizeG and called a railway" in
stead of a railroad" And it was Glaed
who was instrumental in making this
| change instead of a change in the real
/ name of the road. From that time ui1-
/ til today M. Gleed has been direct u
and mis- reelection today viii give
/ him four more years of service.
The other directors reelected to1a ,
we're: H Rieman DuvaI. Thomas T.
| Fowler and Walter d. Hines of New
| York city. Walter d. Hines is chair
man of the board of directors.
The Kansas men on the board of ei-
rectors Of the Santa Fe are Charles
! S. GIeed of Topeka. Howell Jones Of
| Topeka and a. c. Jobes of Kansas
City.
| By the ratification of number Of
nsw lines today the Atchison, Topeka
! & Santa Fe system includes nearly H.
/ 900 miles of track TWO of The connect
! ing links are valuable to the business
| of the road. They are the Garden
/ CITY. Gulf & Northern running between
/ Garden City and Scott City, KAN a lsC
/ the part of the Southern Pacific rail-
road extending from Needles to Mojave
| Cal.
The directors and officers in Topeka
today we're enthusiastic abort the dou-
HE track work of the last year on the
santa Fe. More than $50 miles Cf dou-
| bIe tracks have been laid and the en-
| tire lire from Chicago to Albuquerque
/ is under the four-rail system In few
! wears the directors hope to approve IN
! double tracking from Chicago to +hf
Price Waterhouse & Company Of New
| York we're elected independent auditors
| This company will audit the books and
accounts of the company for the fiscal
Three-fourths of the stockholders oil
the Santa Fe were represented at the
meeting today. This is the largest rep
| resentation in the history of the COM
pany. More than 10000 shareholders con-