The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-10-29

That trains, connecting with the
Southern Railway at Thornasvflla.
Ala, viii be running into Pensacola
next year over the Gulf, Florida and
Alabama Railway became an assured
fact last night at z o'clock when the
deal was closed and the papers signed
whereby Roy c. MegarEel and those
associated with him came into pos
session Of the Southern States Lumber
Co. road, extending from Cantonment
to Local, Ala The purchase was out
right and the negotiations which had
been pending for several weeks were
brought to a successful conclusion q
few hours before Mr.. Megargel took
his departure from New York
BY the purchase OF the roadbed OF
the Southern States Company the
Megargel interests acquire fifty-two
miles of standard roadbed, and with
that now under construction from PEN
sacola to Cantonment viii give them
seventy-f1ve miles Of roadway which
will be operated by April of the COM.
ing year.
POSSESSION AT ONCE.
When seen by a Journal representa-
tive last night Mr.. Megargel confirm
ed the purchase of the Southern
States road, and stated that possess
sion would be taken at once. He de-
clineo to give the consideration, but
inasmuch as the road is well graded,
the rails are new and as heavy as in
use on most of the southern railroads.
IL is known that the price was about
the same as the work would now be
done for.
The railway extends from Canton
ment, north across the Alabama line
to a point known as Local, Ala. From
that point to Thomasville. Ala. where
CnnnpCfinn fg IN ha a, Al.
Southern railway, fifty-five miles OF
roadway will be built thus giving a
line from Pensacola to ThomasviTa
a distance OF 125 miles.
The grading Of the road from PEN
sacola to Cantonment is now being
rushed and track laying will be start
ed within the course of a few months.
To hurry ahead the grading work fifty
extra teams and a much larger force
of laborers will be employed, with the
view OF having the work completed
and trains in operation by April /.
GRADE UPPER END.
AS soon as the grading to Canton
ment is a little further under way
contracts will be awarded for grading
the upper end OF the road, or that por-
tion from Local to Thomasville, and an
effort viii be made to get this fifty
five miles connecting link finished dur
ing the middle of the year. 80 as to
have trains connect with the South
ern at Thomasville. It is not the in
tention of the men behind the rail-
road to slow up with the work, how
ever, when Thomasville is reached,
but II will be pushed rapidly ahead to
Jasper, connecting with the Frisco
and several other big lines from which
considerable business is anticipated.
MONEY IN THE BANK.
I'VE have the money ir the bank 70
pay for the construction work" de-
clared Mr.. Megargel TO a Journal rep
resentative last night, when asked how
the New York end OF the matter Is
progressing. "The New York end has
never given us any trouble" he con-
factorily. In fact, everything Is now
progressing most satisfactorily and we
will have the road in operation long
before the terms Of our franchise
stipulate."
NEGOTIATING FOR PIERS.
Mr.. Megargel stated that his firm IN
now negotiating for the construction
Of piers on the waterfront sufficient 10
accommodate any number of vessels
that may come into this port A con-
crete retaining wall will be con-
structed along the shore and six piers
two thousand feet in length by over
100 feet in width, will extend out from
this wall Plans for these piers are
now being drawn and proposals for
any early date.
Warehouses, sufficient TO care for
all shipments, are also TO be construct
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