Show MONEY ONEY r IS READY TO 10 BUILD BULD MOfFAT ROAD D H Moffat Makes Maes Announcement in Denver That Tat Road Has H Been Financed to Provo Prove Construction work on the Moffat road t Steamboat Springs is to t commence aa as soon aa as the contracts can cn be let and an the Times The m weather will wn permit says the Den The T rued road rd will 11 he be b pushed phed on through to Provo Utah as aa rapidly as men len and ald non mon money mn noney ey tY can cn do It and there the will mi be he no fur further thor ther delay delav dey in completing th line The corn com company pant pany Is te building the road T has Juan sold h enough gh longtime totes rotes tote to cancel the Ute Jl J te worth of notes sold ld in February Febra and i ite to te furnish the capital for resuming con construction CJ work at at o ce President David H ii Moffat announced that the company had hd sold sl eel col collateral lateral Iter trust notes sufficient to t provide all aU money needed need at the present time These Th notes not are ar secured by b bonds bends bol of or the th company and were we sold sl on very favor favor alde aie terms term Pert Part of th th tM proceeds from ale their ter sale aIe IW will wi go to redeem red tOO SIO worth rth of collateral trust notes Issued sue In February The company will wi pap pa off orf these tb notes on May 1 I with accrued in 10 interest terest and a premium of or 1 I per cent thee on at the office of the Bankers Danker pr Trust company 7 Vall Wall street New York The 0 raised e by b the notes issued I in Fear February was 8 used us to clear up upU nIL all U outstanding current indebtedness Of or orth the Moffat oat road read rA contracted In building the th line lne from front Denver to Steamboat Springs and ad opened ole the way for further Titian finan financing nan clog cing cn of the th road rd Money on Hand Mr r Moffat did dk not no state the amount of o omO money mO obtained by b the new n w issue of or notes or 01 o where it was obtained We Ve will 11 begin building beyond Steam Steamboat Steamboat boat bt Springs this spring said Mr Ir Moffat Moffat Io Iott fat tt Ve We are ready read just as soon son as I the t th weather wether opens ons up UI The first firt thing we had to do was wn as to t clean clen house by b getting rid of all al debts We e have hae done dono that and now do d not owe anything We Ve will wi take up lp the notes netE issued l In February on May 1 ned and will I have sufficient money to fri friable 1 n able ab us gg to proceed with wih the construction of the line lne to Provo It I will wi not do for me mete meto te to say sy we w go the money That Thatis is a matter the other man and myself It I Is sufficient that we WI have Ia t tand tan tend end and an that the road rod is 18 going on through without any further furth delay dela delaIr Mr Ir Moffat was yas asked ud if I the Dutch Dutrh cap capitalists ap as a a previously Iu announced in the tl Tunes Times had nad become be associated with him in m financing the road rod and he said ald that he would old not nt tell te from what source the mon moncy PV fW came caine Harry Barr of the bank banking bankIng ing leg firm of Co wa a rol Colo Colorado 01 rado redo afew a few months ago investigating till the th property for lor the th Dutch capitalists Mr Moffat saW saH that was looking lookin into water power r projects |