Arizona republican., 1911-07-27
FURTHER PROGRESS
ON INTER.URBAN LINE
ARTICLES OF INCORPORATION
FILED.
Winter, the Chief Promoter.

The articles of the salt River Valley
Electric Railway company, an enter
prise described at some length by The
Republican Yesterday. were filed yes
terdav afternoon. The incOrporators are
F. VI. Winter, Jacob Kleck, w. 5. Fur
man. DR.. ]. NJ. Swetnam and c. c. Lew
is. Today in the offices of Mr.. Fur
man, an attorney in the Fleming block,
the officers of the company will be
elected
The aims and progress of the com
pany were described last night in
greater detail by Mr.. Winter, The prin-
cipal promoter. who said that the work
of construction is expected to be be
gun early in September. Though the
project has been under consideration
only two months the road is regarded as
absolutely assured.
As has been stated it is the purpose
To ask the council for franchise along
Van Buren, street whence the road will
run 10 -in-the- Rock, at which
point it will branch, one line running to
Scottsdale via Ingleside. and the other
To Tempe, Mesa and south To Chandler.
Westward the road will run to Al
hambra. Glendale and Peoria, A
thorough canvass has been made of the
territory proposed to be covered and
everywhere the most earnest support
has been encountered.
Speaking further of the enterprise,
Mr. Winter said that the necessary cap
ital has already been assured. If not a
nara cpnfvibpta.l h. ~ How
bonds to the amount of 100000, as
much as could be issued under the
laws of the territory on the proposed
capitalization of 100000. would be
readily taken by outside capitalists who
have already warmly approved the pro-
ject after having gone over the ground.
No doubt a considerable part of the
necessary funds will be raised in this
manner. but a greater part will be fur
nished by persons in the valley. capital
lists and property owners along whose
holdings the line will run.
1t is proposed To levy assessments on
the acreage and practically every prop
erty owner along the proposed route
has been interviewed. Mr. Winter said
that in no case had a refusal been en-
countered. The company has offered to
give stock for the amount of the ass
essments so that the line will be es-
sentially a peoples line.
1t is proposed TO handle beside pas
senger traffic, freight, express and mail
The freight and express charges will
be so low as to be especially attractive
to residents OF the rural districts
The advertising feature of the road
will be The White Line" It will be
rapid transit line equipped with the
latest models of cars used for interur-
ban traffic.
The profits have been figured by
Mr.. Winter who has had extensive ex-
perience in such matters and he be
lieves that a dividend If twenty-five
per cent on the stock will be realized.
Mr. HARDWOOD, who directed the build
ing Of the Glendale line for the Phoenix
Street Railway company. has been re-
tanned as superintendent Of the new
company.
Though in the present plans of the
company, the matter has not Yet fig
ured, Mr.. Winter said that in alI prob
ability there would be an extension of
the road into the Buckeye country. as
petitions covering a large stretch In
that direction have been received.
The application to the council for a
franchise over the streets of Phoenix
has not yet been acted upon; no doubt
that will be done soon and the matter
referred to the voters. Assurance has
been given that there will be no ser
ious opposition in that quarter, mas
much as by the time that the franchise
comes to a vote the voters will have
proof that it is not sought as an object
of speculation. In fact, said Nj. Win
ter. it could not in any event be made