Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-05-23
Frisco Officials to Inspect Laad
Holdings in New Mexico and Arizona;
Indend 20 Do Development Work Soon
B. F. Yoakum, Chairman Of
Executive Committee; B. I.
Winchell, President, and A,
s. Gregg Assistant to Presi-
dent, to Rough It" in Au-
tomobile.

THAT the st. Louis and San Franz
cisco railroad company intends to do
something toward the development Of
New Mexico and Ariaona IL the in-
teresting information given out today
by a. s. Gregg. assistant 20 President
=. l. Wincheil Of the Frisco system,
Mr. Winchcll and Mr.. Gregg arrived
here last night via the Belen cus-off.
They will be Joined here tonight by
p ~ Yoacum. president OF the ex-
ecutiye COMMITTEES OF the Frisco aya-
tenn. The three highens officials OF
the system VIII leave Albuquerque on
special tonight for Chavez. whore
they will begin an automobile recon-
naissance trip which VIII take them
through the seven Lakes oil fields on
to the New Mexico boundary line.
and thence into Navajo and Apache
counties IN northern Arizona,
Mr.. Gregg. assistant to DIR. Win
chell, Is practically q New Mexico
man. He built the Isl PasG and North
eastern from santa Rosa 10 ri Paaa.
While in New Mexico Mr.. Gregg made
his home Ia Alamogordo. but was a
frequent visitor 20 Albuquerque and
vas ANNh HhNl hNNNN tINfftNk NNN-
time acduaintances. In 1909, having
successfully accomplished the rail-
road construction work ne set out to
do IN New Mexico. Ar. Gregg removed
20 81 Louis. That he has assembled
The offlcial ladder quickly Is indicated
BY the fact that he Is assistant o.
President Winchell and recognized as
one OF the keenest and shrewdest
railroad general managers In Amer
lea. While In the then territory or
New Mexico, Mr. Gregg was a mem-
Der OF Governor Otero's staff. He
always took a great interest In the
development Of the territory, which
interest has not flagged because Of
removal 20 81. Louis
ITS shame that New Mexico and
Arizona have not been developed
more rapidly" naid Mr. 0regg today.
THE, Frisco system owns approxi-
mnteiy a million ana half acres Of
land IN the two states and we admit
that we have been aelinauent IN this
matter as have other corporations
holding much land. But land devel-
opment requires great capital. pri.
vate individuals cannot develop a
country 10 any extent: neither can
priavte enterprises Il takes money
and plenty Of money in order 10 ac-
complish development that will be far
reaching. In our trip which We begin
tomorrow AZ Chavez we intend "a see
JUST what the Frisco has in the two
states. We know We have a million
and half acres We have paid taxes
on Il for twenty years. Now we in-
tend 20 see what can be done to de-
yelop the land. We are glad TO know
that there are prospects for striklag
oil Ia the Seven Lakes district. where
We have considerable land. Provided
the field looks good We viii be IN a
position 20 sell or lease the land
possibly do some development work
ourselves. The agricultural lands
which We own In western New Mexico
will also come In for our attention. II
seems as u there should be some
manner IN which the land could be
deevloped. In northern Arizona we
have practically decided to build an
Irrigation project near 81. Johns. uti3-
lzlng the waters OF the Little Colorado
river and tributary streams.
We shall return from our trip Ia
seevrai days ana possibly have mere
definite Information az 20 what our
Intentions are. We believe. however,
that some means VIII be devised
whereby New Mexico and Arizona viii
get some tardy development"