Show will be forced into the hands of a receiver new york aug 3 santa fc coun ty new mexico whose indebtedness amounts to has been forced into the hands of a receiver it negotiations tiati ons now pending tall to satisfy the holders of its bonds who are taking steps to enforce the payment of principal and interest due on which the county Is alleged to have defaulted two banking houses in this city are the principal holders ot tho security which are known as railway aid bonds having been issued to encourage tho construction of railroads through the county RAILROAD TO THE GULF will be built frore some point in iowa 1 chicago aug 3 organization of the mississippi valley gulf railroad was begun hero yesterday W I 1 alien being elected president theodore rockefeller president and E L gochanour secretary according to tho company is ln corp orated in iowa and all the west era mississippi valley states to the gulf with a capitalization of it Is planned he said to start the road from some point in iowa on the mississippi and engineers already are engaged in surveying for a right of way mr alien was formerly assistant general manager of the rock island and Is said to have built a portion of the pero marquetta etto road |