Arizona republican., 1912-01-01
S. H. Mi nell of This City Has Be en Elected to the Preside y of Recently Organ Railway Cor poratio
IS MANAGER OF SHERMAN LINES
Another Matter of Extreme Importance Is Proposed Expansi0n and Improve ment 0. Electric Street
 Car System.


 Republican the Phoenix Railway Com many of Arizona was organized last JuIv with a -afral stock of $2.0o0.ooo. lis purpose since fulfilled, was the taking over a. the entire property of inc Phoenix Railway company. Re certly tbera vls a new election of officers follolraf by the execution or a trust deed trr $l.250,0o0 to the Los Angeles Trust an5 Savings company Of Los Angele5 Both incidents are Of ,,articular interest here. the first be cause it place the managing head or inc system ir Phoenix and the other because it is m earnest of extensive improvements .1 be undertaken by the company.
 The new president of the company is < H. Mitchell as this city who has had the active man cement of the railway for a number "a. years. His election iS not only in tt line of promotion but as indicatet iJ places the head Of affairs herr .1 Phoenix. His many friends will congratulate hm on his assumption of greater responsibilities and wish him success hS admnstra- tion of affair." particularly when the conditions seem h indicate bigger and much better railway system.
 The new vice president is F. r Sherman. formerly in charge of the Los Angeles S-k-.t railway system and previous to that he was also manager at one time of rh- Phoenix system. The secretary of tre company is A. l. Smith a Los Angeles man who for the last twanty years h>s been attor- ney for Genera M. F Sherman the principal owner f the road The new treasurer ii Gee rge ( Clark also of. Los Angeles General sherman though a2ot an officer rr the company still retains controlling interest in the stock. His genus stiIl directs in a general way bu- administration is to be left to other lis multiplying re- responsibilities have forced him to put aside some dut.s and the direction of the Phoenix ra way system is among them.
 The trust jcsd for So large sum does not mean nat MT Mitchell is to be handed over million and a quarter in pocket mono to do with it as he sees fit. It means though that the is stance of bOn6s to that amount is authorized. the company to issue them as it sees fit and as occasion may ne cessitate. Probably only a small part ot the amount wiil be utilized at first and as the years go by and railroad extensions become necessary there will bC subsequent issues This authOriZa- ticn simply perfects a plan of financ- ing. The first move will be the re- demption of the bonds issued by the old railway company and the clean ing up of all indebtedness.
 Next will come the completion Of present improvements and the prose cution of such new work as the need for it arises. The first issue will or course be designed to cover the pres ent building necessities. This will in clude the completion of the having now under way and probably more of 1t than is now contracted for With the extension of the paving district al- SC there will probably be an extending O. the area where new steel is needed for the company does not care to pave over anything but a permanent track. The Washington street line Of course has new anl permanent track through the disuct now paved but this may be lengtrened and it is hoped | that the paving district will be extend l ed by the citizens in width as length, 1 taking n a greate- mileage of the car 1 tracks as well.
 The new work at present in sight ! will include first the building of the extension of the First avenue line to | Las Palmas. as described in these col l umns few days ago. and next thei doubletracsing Of tho Indian school line There are also to be more inn | provements on the West Washington street line both a. to roadbed and ov- erhead necessities
 Still another undertaking that will mean a great deal m a developing way but when may be a little later in con- summation. IS af extension of the Glendale suburban line from six to ten miles further northwest toward Mari ! nette At present there is of ,course | but small patronage for a line in that | direction put F. I'. Davie and associ- | ates who are ueVetopi1s the Marinette ! section are planning big things in the near future ana tlhe railroad will help the game along. while the game of course will help dhc railroad.