Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-10-03
REPRESENTATIVES OF
B0NDYOLDERs PRESENT
Efforts Will Be Made to De-
eide Important Questions
Out of Court Success Means
Completion Of Railway Into
Albuquerque.

\ conference ~ far reaching i'm
I,uTiHuo" to Albuquerque and this Sec
ton ~ 'hr state, which involves the
complexion nf the Sew Mexico Central
railroad from MuTiarity 10 Albuqurr-
Que, and pOsSihl" extension - the
TuHd from Albuquerque 10 Farming
iuu and Durango, was begun here to-
day Tho conference" may last two
Uayr although hop" was expressed to-
dly that the negotiations VIII not re-
uuirr mnrr than day. Among thus"
present 20 the conference are e.. &.
MmrHy receiver ~ the New Mexico
Central. ana ] Is. Finley. u member o.
81 rDmn1tt'r Of three named by the
boudhnldcrs al IA" railroad 20 repre-
frnt them. Mr. Nurry and MIR. Fin
hey. who are both from Pittsburgh.
arrived here last night The confer
,nrr n attended by number Of other
men interested ~ the outcome Uf the
noRDtiHtlonH, together with their at
turuUyE.
The meeting in Albuquerque II be-
inR held for the pufpoE" Of "ndrayor-
iug to arrive at "a satisfactory adjust
m"nt al the affairs of the Sew MoXito
central. Efforts will be made 10 OBJ
tain the consent and c0-1prratipu 81
the creditors. Provided the creditor
ngTrr tu a plan rendered for their ,"n.
federation, fuIthrr negotiations vii
begin at once looking toward tn
elimination 81 the receivcrHnip and th,
r.ttllnR out OF court Of litigation nov
pending.
The succcHgful CuiminntIOn Of th'
negotiations begun here tOdny meant
much for Albuquerque. Definite an
HurBnce has been given those inter
esied IN the New Mexico Central, tina
provided the affairs ~ the road arr
satisfactorily adjusted. ways unt
means will bc found To complete th'
road from MOrlarity To Albuquerqu"
II distance Of thirtystwo miles ThoE'
Ia close touch with the situation d,
not hesitate To- Sny that the construc
tI1n Of the road from MUTaTity to Al
buquerqu" win mean ~" building %
an extension. whether by the same
people or other people. from Albu
querque 10 Pennington, Fruitiand an,
durango. The construction at IN,
road from Albu1uorau" Ia Farming
ton would open ~ the world IA virgin
country. possessing untold wealth II
mineral ana thinner and agriculture
lands, where tn" shriIi shrek Of IN,
locomotive has never been heard, AM
would result IN the development o
one 81 the greatest agricultural din
tricta In the last west"
Mr.. J. Is, Finrcy. n member OF tn
committee ~ three, appointed w.
holders of New Mexico central bonds
called upon NJ the Alvnrndo hotel 10
day. said tbui he was hopeful that tn
negotiations undertaken IN Albuquer
que would be successful, for the gOO'
nf The community and everybody con
n"ct"d with the construction Of tn
road.
II aUI In Albuquerque. NJ rcpTr
Frntntlve - the bondhDldrrs To utton,
the conference" said Mr. Finley
The bondholdoTs are creditors. Ius
nF much ~ any one clse, We hop,
that affairs viii he adjusted In such
way that litigation and the cXponE,
connected with litigation VIII be- cu
off ana that there VIII be- ro-upcratiui
IL suJh an extent thai VIII make Il
puasibl" ~ finish the road into Albu,
queTqur."