The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1916-05-09
AWAITING DECREE
RECE|YfRSH|P

The following article is taken iV'i
last Saturdays issue of the salt LaA7
Herald Republican:
Reorganization of the Western IA
cific railway and construction OF sew,
eral branches and feeders FOR the roau
were discussed at a meeting OF the
bondholders' committee ana the re-
ceiers of the road in San Francisco on
Wednesday. +. w. Rollins OF BOSTON,
head of f. II. Rollins Co., VINO nave
the reorganization of the ROAD uhder
supervision, declared last night at the
Hotel Utah that the bondholders IN
tend TO make of the Western Paelhc
one of the best paying roads between
the intermountain country and the Pa
cifc coast.
The reorganization plan, he says,
embodies the turning in of all bonds
TO the holding company to be organ
lied. and that the holding company
will then issue $20,000,000 in bonds to
build feeders and branches, ne of
which includes road from Salt Lake
to oise through the Raft river country
and the Twin Falls section.
This has. been the alternate route
of the Winnemueca Northern, which
has intended to build road with the
aid of the Western Pacific from Win
nemucca, Nevoda, to Boise, through the
Jordan Valley of Oregon and mum
Der of other rich alleys in Oregon and
Nevada. 1t is estimated that this road
will cost between 81 100000 and So
100000. Mr.. Rollins also said that the
plans of the reorganization committee
include construction of road from a
point on the Western Pacific, north Of
II - 4 h CO.. Nf.f4s -
valley. A number of spurs and branch
lines into the valleys of Nevada and
the different valleys in California,
which are at this time being devoted
to the citrus fruit industry, are includ-
ed in the plans.
"As soon as the courts dissolve the
receivership and as soon as the holding
company is formed, - said Mr.. Rollins,
e'we will 90 to work and make of the
Western Pacific one of the best rail-
roads in the west. The road has TO
beat the Southern Pacific from the
California fields to the east to get the
business, and willie the operating de.
partment is charge of the move.
ment of trains, the financial interests
behind the new organization intend to
take charge of the operating end and
see that trains are delivered TO con
nections in Salt Lake half day
ahead of competitive roads, which
will mean day or two days ahead OF
these roads at delivery points. We
are going to make the Western Pacific
road which viii pav its own way
and at the same time Civ service.
"The Bc', Fre vi be built, but
whether it w % through the Twin
Falls coup+~~ o. from Winnemucca Is
TO be determined" "
When shown the above article this
morning. Col. F.. r. Place, genera
manager of the Winnemucca Northern
declined TO comment ON the Rollins in
terview, further than to say that whilf
there is something in the air, nothing
can be determined until after the re
ceivership proceedings, now being
heard by Judge Van Fleet at Sar
Francisco, have been settled.
For some time past gigantic con
test has been going on between Salt
Lake City and Portland, who are de
termined to retain their hold on the
Boise country, and San Francisco
which sees an opportunity to gain the
trade of an empire by the construction
of the Winnemueea Northern.
1t is considered an absolute certain
ty that the Winnemucca Northers viii
be constructed The idea that this
route will be abandoned and a hranci
run from Salt Lake to Boise is con
sidered absurH 1t is estimated thai
the cost would be $25,000,000, whil'
the Winnemucea Northern can be con
strueted for around $4,000 600. If
branch was TO be built by the Wes
ern Pacific to tap the Idaho country
from that end of their line, il woul6
unquestionably be started from Wells
1t looks now as though Winnemee;
IS out of the running, and that th'
road will be constructed from a poin
near Jungo. In this manner Paradis
hill can be avoided and water grad
obtained for the entire distance. Z
is claimed that it would cost aroun'
$500.000 to negotiate Paradise hill
and in any event it is now thought tina
the road will run through the DEM
country, instead of the Quinn rive
valley.
Considerable significance is attache'
to the visit last week of a member o
the firm of Nancy Bros. to the north
ern country and to the presence i
town today of f. o. Watts, of tn
Utah Construction company. Both me
represent large railroad constructio
firms and are thought to be loohn
over the different proposed routes Q
the Winnemueea Northern.