Mexico weekly ledger., 1911-08-31
NORTH MISSOURI CENTRAL
NEGOTIATING FOR THE
MEXICO, SANTAFE AND PERRY

Nell Quinn, a prominent citizen
and real estate agent of Columbia,
Mo-, was in Mexico Tuesday confer
ring with the members OF. the Board
of Directors of the Mexico, Santa
Fe & Perry Traction Company. Mr.
Quinn represents the North Mis-
souri, Central Traction Railroad and
this company wants to purchase the
south end of the Mexico, Santa
Fe & Perry Electric Road.
Mr.. Quinn obtained some figures
from II. H. Phillips, the engineer of
Fruin- Bambrick Construction Com
pany which built the north end to
Molfno, estimating the cost of com
pleting the south end to Colum-
bia. Mr.. Quinn will be here again
Thursday.
According to the Columbia Times,
the North Missouri Central will be
built at once from Columbia to JEFF
faTson City, to Mexico next summer
and to Moberly following. Construc
ton gangs will be unloaded in CO.
lumbia not later than October first,
and work will begin at once.
The North Missouri Central which
was originally promoted by 0. f.
Spaete and later reorganized is to
be reorganized again. Much new
capital, as the story goes, has been
injected into 1t and the personel of
tie Board of Directors and the Off
GERS Will be considerably changed
when the reorganization Is complet-
ed.
President NJ NJ. stephens, of e.
st. Louis, has given $4,000 in cash.
which money is now in the hands of
tGe proper parties to defray the
costs of reorganization.
The first step, the Times says,
will be, to acquire the interests of
| the Mexico, Santa Fe & Perry
Traction Company which owns the
right of way and has built few
miles in track out of Mexico.
When seen Wednesday morning in
regard to the deal, Judge w. w.
Bolts, of the local company, said
the North Missouri people wanted
the road. Mr.. Quinn was here Tues
day to see us in regard to the cost
OF building the road on to Column
bia, but nothing definite was done.
He will return later in the week"
Judge Bolts says Mr.. Ritter's COM
lpany, which has also been looking in
to this same proposition, that of ae-
quiring the south end, wanted the To-
cal company to put price on the
rjght-of-way. Mr.. Ritter, however,
does not want to take the present
survey and this is great draw
back to this deal.
The Columbia Times says:
up. NJ. Johnson and son Of st. Ell
mo ILL.,, have made an ironcad con-
| tract with the company to take the
bonds and build the road. Acting
on this contract President stephens
ikas invested $4,000 mere money in
VI lie reorganization Johnson and son
are rated as worth $4,0O0,000 and the
Columbia representatives who were
in St Louis say that there Is abso-
lutely no doubt but that they can
carry out their contract.
: Johnson & Son are well known
;r Columbia. They are the firm thai
Iuilt the NJ, X. & T. branch from
Columbia to McBaine and since 1886
they have built over 700 miles OF
railroad in Texas So this is by no
r.eans the largest proposition they
have tackled.
Under the terms of the contract
ID hnson & Son will virtually be the
owners of the road when 1t is com
!, eted. They take the bonds OF the
, company iu payment and expect te
e sep them. r. NJ. Johnson, the son
e Is in st. Louis now waiting for the
!. reorganization to be completed Sc
+ that the working contract may Dc
e signed When this is done the OIL
It cjals Of the company are through
; and johnson & Son take up the wor
a They are especially anxious to ge
It started as they are completing thel1
work in Texas and will soon be VIII
out anything to do. Mr., Johnson to
A Columbia man that work would De
: Gin in Columbia not later than octo
4, her first and sooner If arrangement
could be made. He said he hope
10 be started by Sept. 10th.
- This is the week you can SCI
i your old SCHOOL BOOKS to bes
advantage. Remember the az
mand is practically supplied in
day or two after schools open an
books bought in so late lose thei
5. value. l will buy only good, elea
ol books, must be in good condition