Show THIRTY MII INVOLVED magnitude of tho the reorganization Schem eSome some coincidences the me seven vers rai million nican odd dollars bid for or the property yesterday does not menu menn that this la Is the 0 0 f the road or the price the recarda 1 aaion committee paid for it the sums bid yesterday covered moli gages only there outstanding v which arl are other mortgages will be taken up and properly disposed j the they become became due ind and in round 0 of as I 1 tile the numbers tio will be nearer grand emanil t total 0 tat involved in the bis big tion ilon tho ta io intricacies surrounding these financial matters have caused many delay and mill ill continue to delay tile the actual transfer of the property tor for ur or ninety days when the oil ginal utah lines wt were re thron into tile the pool ot of the oregon short line ueail northern the local holders received for or their stock block in tile the dif different terent small roads shares in the new company lit in some cases the division was two tor for ellve and in others na as high as four our tor for live the elie utah northern mock being tile most valuable at the iha time and lla its stock was handed in and returned tour four shares sharem tor for rive live among amone the largest local holders ot of the stock of the oregon short line utah Nor northern thein the sharp little jen bingil 1 hooper and eldredge Eldr euge estates in addition to these theme numy many utah hold held small blocks 0 of stock biotic I 1 these hear have been kept by the salt lakers in ili most instances burnil the elie local stockholders alreed to tile the plan man of oc reorganization the sale was therefore looked upon with deep interest by those who have grown up as part owners in the propel ty find and who are still interested in it the lines ot of the oregon short line utah Norl Northern heru railway company corn panY covered bm ba the llie sale are now operated as the 1 I e utah division and idaho division divi ilon 0 ot t tile the union C ton racina c which boim rot rn two parts oi the e mountain division W 11 I 1 ing tho the superintendent tho the exact alla age ot of the lines soon to be operated a 4 a bep arute system under sir mr nanc bancroft rort as general bp manager axe are as follows 1 mcdon to arlio lr lio 0 1 2747 syr Syra curo junction to syracuse 63 52 salt lako C city ity to lo terminus Term uius nar Z row gaego baltala junction to sult salt works nar 25 row gauge uee lohl lent junction to pa ironton to northern sav fia junction to TI nj c 32 2 total 31 8 idaho dilston Dil sion 0 ranger to I 1 short line ella Shon lione to ketchum 1 nampa to bohi 19 ogden to AliCa Mt Cornmon romon utah northern j 1106 cache junction to preston atah northern 41 0 Por pot nullo to silver dow bow 1 I utah ii northern ort bern 2 2350 Z total 1034 10 34 total short line northern ill 21 ot of tho the above roid roads the short shore line a na as 13 built from granger on the union pacific as the most direct cut lit to tile northwest coast all tho the utah NOrt northern bern was fifteen y years c a rg a aco g 0 s na nar r row gauge rond road built a and n d 0 operated pe r alt ed b by y local men the line from frent ogden to salt lake was the ut utah 11 catheran herak central brigham young and cat others built it i to connect with nith the pacific roads which h ich had just bee been r c completed 0 m plated mr oung drove the last s spike pi k e in salt lake city exactly twenty seven yearn ago aeo today january 10 1870 very near tile the spot where the crowd stood yesterday the sale was gohir coiner on the utah southern was incorporated by much tile same number of 0 people and was built to juab the ali utah southern was built front roni juab to frisco a few years later among those interested were john sharp william Il llam jennings rera feramorz morz little allen alien G campbell and matthew cullen who were interested in the horn born silver mine for which the extension was built arid and jay auld sidney ile ay dillon and S 11 H clark it was lit ili this way that the union magnates first entered into the utah roads roada D dallon 1 ll 11 0 and L T id G could 0 ul d e each a t took 0 2 1 7 a shares ln ajl cak sha res C dark 1 a r 2 1 6 ah bharka a m q C campbel p b e 1 1 lia 6 3 chares r cullen abaris eli areg sharp hooper jen dingi and Eldredge 6 saares each tho the road wan incorporated inco another colne coincidence I 1 dence january 10 ISM on july 1 1981 the new articles ot of association 0 the butali central were hied filed tho the three roads were ancor pointed under the one name fred 1 li amea of 0 boston and william B dod a took an interest with tho the other union officials and lesses less rs sharp little abid jennings retained their ln interested Inte reste mr sharp being the superintendent ot of the road until issa ahen hen the utah central went into the th new company formed by tho the utah northern the oregon short line and several small roads in idaho which were organized into the oregon short line utah northern and operated as the union pacific |