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Show HAILROAD TO TUP MINIIW DISTRICTS Iiino From Nippeno to Searchlight Search-light and Kl Dorado Canyon, Can-yon, Nevada. CAPITAL STOCK PLACED T HALF A MILLION Territory Opened Will Give Salt Lake Merchants ;i Men Field. The SvaichllKht & Northern Railroad company, com-pany, which propose"! to build a line of road, beginning at Nippeno, Cel., on the lino of the San Pedro. Los Antrclea & Salt Lake Ball-road Ball-road company, to Searchlight, Ncv., filed ar-tioiea ar-tioiea of Incorporation In tho otneo of the County Clerk and Secretory of State yesterday. yester-day. It Is also proposed to build a branch from Suarchught to Nelson and El Dorado canyon. Nov. The capital stock of the company Is fixed at !'' dlvhUd into iiharc .. th par ralue of 100 each. Tho ofllcers and the amount of atock held by each are as follows: Homer A HariMm. president, 2417 shares; F. J. Harrington, Har-rington, vice-president. 201a share; O. II McCllntOCk, secretary and treoaurer. 5 shares F. P. Swindler, director, siiares; It. C. Lund, dlrv'Clor, .'. vh.-ircs. chance for Salt Lake Merchants. MaJ. H. P Myton of this cliv who Is half owner of the townslle of Nippeno. Cal . totes thai the road will open up a wonderfully valuable valu-able mining territory and a region that offers a splendid opportunity to Salt Lak- merchanis. Although Nil. 1. Clio ! ,",.U mll., fr..m olt IjiL.. and only 800 mile from Lus AngSles, and th-freight th-freight raios may be somewhat heavier from this point, still other thine- will equal this difference In rates. Some time ago a load was built from Searchlight to the Colorado river That was wh. n ther. wu-m n shortaj," of wji.i at Searchlight. But now that haa bocn overcome over-come an J tho rails and ties will be taken up from the old road and rolald to Nippeno. Road Hns Full Freight Equipment. As the distance from Nlpoeno to Searchlight Search-light li ..nlv twenty-two miles, anJ the distance dis-tance between the Colorado liver to Searchlight Search-light is seventeen miles, this leaves only nvc miles of new steel to be uurchasod for the new road As to equipment the old road has two locomotives and a full supply of treight cars, and passenger rais. the sumo as are operated on Union Pacllic branch llnei, will bo used. The new road will divert business heretofore held by the Santa Fi from Msnde-viiie, Msnde-viiie, Cal., and the Salt Lake Route will be ii.. gainer. Nippeno n Thriving Town. Nippeno is a thriving community Clote Lo It In the property of th.- Quartette Mining company, which already has a million dollars' worth Of ore blocked out and which Is Computed Com-puted to be the fourth lau;.st gold mine In tho world. MaJ. Myton states that he ulna has the townslle of Nippeno platted and will begin the huIc of city lots on Monday next. The railroad will be completed In abui lour months. Another El Dorado. F. n. McNainee. attorney for the road, and wh.. la a resident of Do I.amur. New. states lhat the road will extend from Siarrh light, Lincoln county, Ne., on to El Dorad" canyon. A t re flic arrangement has been made with the Sail Lake Koutc and construction will commence at cmc-. Preliminary eurveys have been m.idc and actual location work Is in prog-n prog-n i Ther- Is great activity In the mining camps at .Searchlight, with four mills In operation op-eration and two more under construction. A telephone iln in operation l tween Barnwell. Barn-well. Qal., and Searchlight, and a new line is being put in between Nippeno and Searchlight. Search-light. Tap Rich Mining District. This part of the road will r:e-j' through the mining district of Crescent, and about three miles north of the Toltec company's turquoise mines. At Searchlight the real e6-tat. e6-tat. market Is active and tho town gives gr.-at promise f. r the future. |