| Show DENVER SHORT LINE Preparations Under Way to Let Con Contracts Contracts Contracts tracts For Par Building to Salt Lake Rapid progress has been made In the organization of the various companies which are to have an important part in inthe Inthe inthe the building of new railway the mountains says the Denver News w At the offices of the Denver North Northwestern Northwestern western company it was announced Friday that the officers of the Colo Cob Colorado Ii rado Utah Construction company would soon take entire charge of oC the surveying parties and construction work on that part of the line west of Between Denver and Rol Rollinsville linsville the work will probably be done don donby by the Denver Northwestern com corn company cornI I puny pany The last named company Is one which controls the tramway lines in inthis this city of which S M 11 president president president dent and T J J Milner Is Js chief engineer This company by its surveys surreys carried on during the past year under Mr Mil Mu Milners Milners ners direction first demonstrated the fact that directly west of ot Denver a railroad may be built across the con continental continental continental divide e on a practicable route with maximum grades of feet per mile and with maximum curvature of 12 2 degrees With such a line as that standard Pullman passenger trains may Ina safely be taken over the route at ata ata Ir a high rate of speed The he Construction company Sylvester T Smith president and A C Ridgway vice president and general manager will rill shortly open of offIces offices flees of Its own probably In the Ma Majestic jestic building and will proceed at once to organize its own separate en engineering engineering engineering and construction O forces Corces Mr lr is now In the field with a apart party part of engineers giving the line west of Rollinsville and east of Hot Sulphur Springs a careful inspection It is reported on good authority that the details of the construction contract for building OO miles mUes of road have been agreed n ed upon between the railway E and the construction cos corpany pany and andr r that in accordance with the terms of at this contract the first mortgage of the railway company is now being pre prepared pret t pared in the office of C J 3 J Hughes jr the attorney attorn e It Is stated that the persons in charge of or the rail railroad railroad railroad road enterprise wilt will subscribe at once t the entire capital stock of the construction Company thus giving the best possible guarantee of their faith in the undertaking and their purpose to complete the railroad As ts 8 far as can be learned at this time I I the financial pro of oC the con construction cont construction t company compan is to proceed at atone atone one once with the building of the railroad using for present work the funds al already ready read provided ed and guaranteed Later when a substantial portion of the rail ran railroad railroad j road roud has been completed it Is pro proposed proposed posed po d to offer bonds of the railway r company at public subscription or otherwise to provide the money re required required required for further work Of course It is an expensive under undertaking undertaking undertaking taking said Mr r Moffat president t of the company There is such a splendid splendid I did and resourceful region to be de developed developed that th t this railroad would have I been built long ago had its construe construction tion across the range been an easy matter |
