The Denison review. [volume] (Denison, Iowa) 1867-current, 1911-12-06
RAILROAD OFFICIALS
ARE INTERVIEWED
Representative Of Review Calls al
Headquarters in Minneapolis
and Talks Railroad for Time.
NO BUILDING IN NEAR FUTURE
Company Has Plans to Make Ternin-
al Either at Kansas City or at
Omaha-BuiId from Storm Lake

Nothing would aHOrd tne REVIEW
greater pleasure than to announce in
this issue of the paper, that the plans
of the Minneapolis & St. Louis rail-
road involve an immediate extension
of the Storm Lake line in southerly
direction through Denison, to either
Kansas City or Omaha, but the facts
do not warrant such a statement. A
thorough investigation by represent
ative of the paper disclOses that there
will probably be no railroad building
by this company in the near future in
this part of Iowa. The company is
working out problem that may, be-
fore a great while, result in an eX-
tension of the line and that Denison
may be located on the route. For
some time the energies of the company
have been directed to taking over the
Iowa Central railroad to be merged
with the Minneapolis & st. Louis road,
the consolidated company will take
the latter name, and hereafter the
Iowa Central will simply be a part OF
the M. & St. l.. The contract, by
which the Iowa Central is to be taken
over, has been practically made and
nothing remains to complete it except
the approval of the stockholders at a
meeting to be held on the 18th Of this
month. 1t is a foregone conclusion
that the ratification will be made.
Newman Erb, of New York, the new
president of the company, has out
lined plans of large proportions. Ar
rangements are made for a loan OF
$75,OO0,00O, portion of which is to
be used for paying off the indebted.
- of fln
company, which amounts to approx
mately $45,O00,000. The remainder OF
the $75,OOO,O0O is to be held as fund
for betterments and extension OF lines
One of the first extensions will be to
build sufficient mileage to enable the
company to get into st. Louis. An
other one of equal Importance, is a
line from some point in the United
States to Winnipeg. The company has
not determined whether it will bullC
from Minneapolis, Watertown or some
other point in Dakota, to Winnipeg
but that such a line will be built is
practically settled. The company has
in mind making terminals of botl
Sioux City and Omaha; the latter
place to be reached through an eX
tension of the Storm Lake branch
and the former by line branching
off from the Storm Lake line at some
point north OF Storm Lake. This Is
the program of the company at this
time, and it is suggested that sool
after the consolidation is completed
the question of extensions will be tax
en- up. Assurances are given that a.
soon as the company decides to eX
tend the Storm Lake line, that Deni
son will be advised and given an op
portunity to show whatever adVant
age it may be able to point out in haV
ing the road built through it.
We are pleased to know that wha
we're vague rumors short time ago
have been worked down to tangible
facts. We are firmly convinced tha
when the company decides to bull'
south from Storm Lake that Denlsol
will hear from the company. 1t is con
ceded by the officials of the road tha
the line never should have been bull
with Storm Lake as a terminus AM
that as long as the road was built tt
that point. every reason favors its eS
tension to larger city.