Show I SPEEDWAY PLAN ASSUMES SHAPE Engineer Reports and Commit Committee tee Will Meet Today to Or Organize Organize Company 1 TOLL SCHEME IS DROPPED MOST OF STOCK IN N NEW COM COMPANY COMPANY COMPANY PANY ALREADY PLEDGED The automobile boulevard between Salt Lake City CIt and Saltair beach promises to tobe tobe tobe be a reality before betor irany nany ITan more months have hae passed F A Darrenougue the en engineer ineer whom the Salt SaIt Lake Automobile club employed to survey the proposed route of ot the speedway returned from the field yesterday and made his report to the clubs committee last night at the Commercial club The route surveyed by Mr Ir Darre Darn and his party begins at the Red Redwood Redwood Redwood wood road about a mile and a It halt half west of the Jordan river and runs directly west a distance of ot twelve and a halt half miles to the edge of ot Great Salt lake take The road is to be built on the north side of ot the railroad track and will be on the theS same S grade It will be twelve feet dis distant distant distant tant from the railroad track and will have bae havea a road surface of feet In Jn width This afternoon at 2 the tile commit committee tee from the Salt Lake Automobile duo club will meet in the office of Dr W F Beer for the purpose of organizing the com corn company company pany pony to build the speedway The plan outlined by b Dr Beer last night was that thata a company which will possibly be bc known as the Automobile association be lacer incorporated for divided into shares of preferred stock at a par value of ot each Common stock will in also be issued by the tile company but only hold holders holders ers era of preferred stock will receive divi dividends dividends or profits of ot the company compan No Toll Proposition When the road to Saltair was first pro proposed proposed proposed posed there was talk of ot making it possible ble for any anyone one to use the road on pay payment payment ment meat of ot toll It has now been deeMed deckled that the road shall not be open to the use uze of ot any an person not holding at least leaston on one share of stock in the speedway asso Persons holding stock in the company com pan will be issued d coupon tickets ad admitting admitting admitting them to the beach at the rate of ot 12 cents for each person or just half the amount of ot the regular admission From the estimate given the promoters of the company by Engineer Darrenougue the road will cost somewhere between and The grand stand to be erected near Saltair beach will cost be between between between tween 1 and and will have a seating capacity of ot persons It is 18 expected that the road will be completed ed by May Ma 15 lEi The money with which to build the road will be bo raised by the sale of ot stock The greater part of the stock has been already pledged Smelters Will Help The smelter companies at Garfield are eager for the road and have hae agreed to build a road from Saltair beach to Gar GarfI Garfield field fI ld The county commissioners have bave also agreed to put he the road which h runs from the smelters to Fourteenth South and State streets in shape By the build buildIng buildIng Ing lag of these two additional roads a cir circuit circuit cult will be made around Salt Lake City about forty miles in length with good roads all the way The committee that will meet with Dr DrW DrY DrW W Y F deer today is as follows K l D DMiller DMiller DMiller Miller O 0 H Hewlett Ben Davis Thom Thorn Thomas Thornas as Homer J A Langford M 11 D Joseph JosephF F J Westcott and C W V Dansie p j |