The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1922-04-24
Line From Pensacola Will Be Extend
ed to Muscle Shoals, John T. Steele
Directing Enterprise.

The following from the Buffalo Eve
Ming News of April Is will be OF inter-
est to readers OF The Journal:
Buffalo capital and enterprise are
building another Mexican gulf railroad.
Already a stretch of railroad from
Pensacola has been acquired and it is
planned to extend it to Muscle Shoals,
Ala.
Plans for building the road from the
Muscle Shoals project south to the
Gulf Of Mexico have been arranged in
this city. John T. Steele. with offices
in the Fidelity Trust company build
ing, is directing the enterprise. He
retured from Florida and Alabama
yesterday.
This is the third southern railroad
serving the gulf that is controlled by
Buffalo interests. The others are the
Gulf and Ship Island railroad of which
Mrs. Grace E. Jones Stewart, daughter
of the late Captain Jones. is president,
and the New Orleans Great Northern
railroad which is owned by the Good
year interests.
The Pensacola railroad will be the
only one leading directly south to the
gulf. II Muscle Shoals has the great
industrial development that it prom
ises to have II Henry Ford acquires it,
the railroad will be Of prime impor--
lance. It is pointed out.
To Extend Existing Lines.
The new line Is called the Muscle
Shoals Birmingham & Pensacola rail-
way. This company has bought all
the assets Of the Gulf, Florida & Ala
bama Railroad company. consisting of
approximately 1874 miles of main line
and branches and valuable properties
at Pensacola, Fla. This road Will be
extended about $50 miles to reach
Muscle Shoals.
The new company Is capitalized with
81, 300, 900 OF stock, 100000 first
mortgage and $500, 5000 OF debenture
income bonds. Mr.. Steele IL president
and treasurer, Hubert @. Vaudeville
of Elmira, first vice president; Paul
P. Stewart, president of tho Pensacola
Shipbuilding company, second vice
president. Harold B. Thorne of New
York Is one of the directors. Roscoe
G. Greenaway OF Pensacola Is general
manager; A. 8. Butterworth, formerly
OF the Missouri Pacific railroad chief
engineer; Howard HUMPHREYS, former
superintendent OF the Detroit, Toledo
& Ironton Railway company. super
Mr.. Steele Is well known In this city
ana has financed many large projects,
among them the Depew and Lancaster
Light, Power and Conduit company;
the Union Fire Insurance company,
Smith Sons a Co., Inc, and the North
American Pulp and Paper companies,
now the Saguenay Pulp and Power
companies.
II became interested in these rail-
road properties about four years ago."
making a carefui study of the sur
rounding territory.
Pensacola Is Natural Port.
Pensacola Is situated on the Gulf
Of Mexico and IL probably the finest
port In the United States. 1t lie large
enough to accommodate the combined
neetsof all the countries or the world
and has a natural breaAwaier 20 miles
In length. It lie the principal naval
center OF the Atlantic ana
gulf coasts. In addition to the United
States naval reservation, it mas also
one OF the largest shipbuilding plants
In the country. large dry dock taoiii-
ties and one OF the most modern cot
lon congresses for export purposes IN
ehe country.
The railroad runs from Pensacola
directly toward the famous Warrior
soal 1elds In Alabama and toward the
rich resources Of Muscle Shoals ana