Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1925-06-13
Ice. GETS N. P,
TOBlY
VALLEY
Applications Filed in
Washington Fail to
Refer to Rio Grande:
Sugarland Road Sold
Especial to The Herald.)

WASHINGTON, June l3.-Applica-
she amount Of $4,7OO,00O have been filed
with the Interstate Commerce Commits
sion, whereby the Missouri Pacific Rail-
way, through it's subsidiary, the Gulf
Coast Lines, would become the owner of
.he San Antonio, Uvalde & Gulf, the
Sugarland Railway and short lines in
he Rio Grande Valley. The total
sought to be purchased outright by the
Missouri Pacific is 430 miles, thus af-
sording valuable area to that system al
ready, with $4,000 miles of track
throughout the United States There is
included in it's Texas mileage the Texas
Pacific, the International Great
Northern and the Gulf Coast Lines.
The Missouri Pacific movement is in
furtherance of its desire TO become in
intrenched in the fertile valley section
of Texas and it's connections with the
republic of Mexieo- in=-ecmpetitfo
the Southern Pacific interests This
system also has extensive mileage and
is becoming strengthened through a
close working agreement with the Rock
Island. The last named carrier is seek
ing to acquire the Cotton Belt.
s. P. Applications Pending
The Southern Pacific has applications
pending before the Interstate commerce
Commission for authority to make ex-
tensions of the San Antonio e. Aransas
Pass to the Mexican border, thus in
tensifying the contest between it and
the Missouri Pacific to acquire valuable
valley territory and for Mexican busi-
ness we'll
One application filed by the Missouri
Pacific would permit it to acquire the
San Antonio, Uvalde & Gulf with 31S
miles of track, touching San Antonio,
Uvalde, Carr;zo Springs and Corpus
Christi; 10 acquire the Asphalt Belt
Railway, Is miles from Asphalt juno
ton to Dabney, Uvalde county, and to
acquire the Live Oak pipe line, which
is unincorporated and serves as a gath
ering and loading system in the Three
Rivers oil field, and connecting with
the San Antonio, Uvalde Gulf.
For the foregoing properties the pur-
chaser would pay the sum Of $4,000 900,
taking over all of the stocks and bonds
Of the Uvalde & Gulf, there being no
stocks or bonds of the other two COM
panies. The application shows that the
owners of the properties are Frank Kell
of Wichita Falls and A.. r. Ponder Of
San Antonio, who hold So per cent of
the total, and W. t. Eldridge Of Sugar
land, who holds 48 per cent. 1t is recit-
ed that the estimated value Of the
properties is greatly in excess of the
amount to be paid
Plan of Missouri Pacific
The second application filed by the
Missouri Pacific would permit it to ac-
quire control of the Sugarland Railway
extending from Cabell, Fort Bend coun-
ty, to Anchor, Brazoria county, a dis
tance of 40 miles, with 90 miles of
trackage service over the Internati on al
Great Northern from House to Houston; !;
to acquire the Asherton & Gulf Railway,
81 miles from Bart, La Sale county,
to Asherton, Dimmit county, and to
acquire the Rio Grande City Railway
Company, now constructing % miles,
from Sam Fordyce, Hidalgo county, to
Rio Grande City, Starr county.
For the foregoing properties, the
Missouri Pacific would pay 81 ZOO 900 to
w. T. Eldridge of Sugarland, the pres
ent sole owner of the three companies,
1t is also recited that the value Of the
three companies is greatly in excess of
the purchase price.