Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-11-18

q splendid thing for Iowa ~ well AZ =
good thing for the two companies In
terested and for every stockholder OF
the companies" said Mr.. Sewers last
evening You may Say that the plans
have received the endorsement OF q
majority Of the stockholders Of both
companies. The owners Of Iowa Gen.
trail stock will DO given the option OF
taking Minneapolis & st. Louis stock
at present value for each In the exi
change, or they may get cash for their
stock 1T actual present value. Every
ono who has been approached has In
dicated desire to take the stock.
There will be no trouble about COM
plotting the purchase. The next step
will be to plan for extensions necessary
to put the system in position to do
business. It will make a company
strong enough to become an important
factor In the commerce Of this part Of
the country. In my opinion 1t Will be
a good thing for Iowa. for it will give
Iowa a complete system connecting
VITA the Canadian north and with the
gulS country. 1t is very gratifying to
me to find the people of Iowa so ready
to welcome the extension OF these lines.
j
to make a splendid system here and
one that will be worth q great deal to
this part of the country"
Other Possible Extensions.
While Mr.. Sewers had no informa-
ton for the state officials as to ex-
tensions in Iowa other than that which
is necessary to couple up the connec-
ton with st. Louis, where the katy
system is touched. yet there Is story
current, which has strong probability
but with what foundation is not known.
that the somewhat mysterious recent
movements In western Iowa have con-
nection with the HaWley plans.
The sale of the Atlantic & North
ern & Southern a short time ago mas
not been fully accounted for; but 1t is
believed that 1t Is to form a part OF
an extension of the Minneapolis & St
Louis from Storm Lake to kansas
City. This would give the st. Louis
road a much shorter route than 1t now
has from the Twin Cities to Kansas
City, and that would be the most ma
tural route from the north to Calves
ton.
The Storm Lake branch Of the st.
Louis was never intended to stop out
in the country. 1t could be extended
thru Sac, Crawford, and Audubon
counties, and make a fine route.
Then there is the Omaha and Iowa
road being actually built eastward
from Council Bluffs to Treynor, Car
son and eastern Pottawattamie, and
1t is supposed to be headed for Des
,Moines. It's completion in connection
oA q
would give the system entrance to
Omaha. A short lire from Omaha to
Peoria much shorter than the Burling-
ton or Rock Island is easily possible
in this way.
come later, but they would make more
nearly perfect the proposed new sys-
tenn.
State Officials Sec Importance.
When Mr.. Sewers, on wednesday
morning, announced to the state ex-
ecutive council his plans for the con-
solidation and extension OF the two
systems, state officials at once saw
their importance. Counsel was taken
with Attorney General Cosson as to
the legality Of the act proposed. and
Mr.. Cosson decided that it was per-
fectly legal and right. The state Of
f1cials were unanimous in expressing
approval Of the whole plan.
Think Fine Thing for Iowa. q
eve believe this is the best thing
that has happened in Iowa railroad
circles for many years." said one OF
the members OF the council. 1--WE feel
sure that the plan is good and the
intent of the owners Of the companies
is to effect consolidation in or to ef-
feet betterm ents In their property"
Mr.. Sewers enjoys the confidence OF
the heads OF the companies to the
fullest extent and has virtually been
entrusted with directing the whole plan
Of consolidation.