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Show JAY BUYS A ROAD. Gould Yesterday ISccame the Owner of the Kl Paso & White Oaks Railroad Its Destination. El Paso, Tex., April 29. One of the largest larg-est and most important deals in the history of El Paso was consummated yesterday when Jay Gould became owner of what is known as the El Paso A White Oaks railroad. The report of Receiver Davis, of the Kansas City, . El Paso & Mexican Railroad company (White Oaks) showing the sale of the road was made to ,Jty Gould for 50,000 ( ) was presented to District Judge Falvey atid the court asked to approve the sale. After examination ex-amination of the report and hearing evidence, evi-dence, le sale was approved. Gould states the line will be pushed through the state line between Texas and New Mexico, but he has not disclosed the ultimate destination of the road. From other reliable sources, it is learned the road will extend through Lincoln Lin-coln county, New Mexico, tapping the great coal fields of White Oaks, and the cattle arrowing, mining and lumber districts on to Washburn, in Pan Handle county, Texas, where it will meet the Fort Worth i"c Denver, which is a part of the Union Pacific system, and also the St. Louis, Fort Scott Wichita, the southern division of the Missouri Pacific & Kiowa, Kansas, thus plae ng El Paso in direct communication with all of Mr. Gould's greQt railway systems. - , . |