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Show Deal Now Under Way for Sale of Ogden Rapid transit Company. . SALT LAKE PEOPLE ARE INTERESTED IN MA ITER Present Railway Will Form Nucleus of Big System North and South. That the Ogden Rapid Transit, company com-pany will shortly change hands was announced an-nounced to Tho Tribune Friday even-' ing. Despite the fact Hint it is denied de-nied by the officials of tho company at the Junction (Mty, iucludiug Oudge U. II. Polapp, business associate of fhe principal owner, David ICcclcs, Tho 'Trihnne's information came from an authoritative soui'co Friday evening aifd was to tho effoct that, a deal is now uuder way, which, if consummated and there appears to be no reason why it should not be the control of the street railway system of Ogden will pass from the hands of David .Ecclcs. An option for $1,000,001) has boon obtained on the road, and while eastern east-ern and Canadian capital is involved in Hie deal, the proposition thus far has been financed practically by Salt Lake people. II wn.s learned Friday evening flint A. CL Home, an attorney of Ogden, who several weeks ago went east with W. P.. Mobrav. the auditor of Hie Og den I'apid Transit company, is connected con-nected with tjic deal, although it was denied from I lie Junction City end that their trip had anything whatever to do with the sale of the, system. Despite this, liowowr. tho rumor has been persistent per-sistent in Ugdcn that their trip was solely for the purpose of negotiating the salo -f Iho road. Tho two men. it. was learned last night, are at present, in Montreal. Canada, and the announcement Hint Canadian capital is . iue.lnded iu the deal would apparently confirm tho Ogden Og-den rumors. Namo to Bp Ohaiigcd. l'poii Hie coutuiurnation of fhe deal, fhe uaiuo of Ihe-sv.stom will be changed, and it -was anifouneed last evening that it will simply form tho uucloua of one of tho best internrban systems in tho entire country. When David Ecclcs was granted a franchise by the Logan Cjiy council about, two months ago to build a street railway system at Logan, it was c.v i-liiKiv'K' announced in The Tribune that it would eventually bo extended to Ogden. and from there south, probably prob-ably as far as Prove. While it could not be learned whether or not the gentlemen gen-tlemen who aro negotiating for the purchase of the Ogden system also want the Logan railway, which ii now under course of const met ion, from the announcement that the Ogden road will simply form a nucleus for a large in-terurban in-terurban svstein north and south, it would aupoar that tho two projects are identical. It was also announced at tho lime that David Ecclcs commenced work on (he Logan sfreel railway system that ho later intended to extend it to Briir-ham Briir-ham City and other points in the northern north-ern par! of the state. All these things taken intoi consideration force tho con-elusion con-elusion that the proposed svstem of David Eccles is prncticallv the-same os that which is proposed bv the gentlemen gen-tlemen wlni are negotiating for the pur-ehllv', pur-ehllv', of Mr. Ecclcs fi stronghold, the OL'deu Ifauiil Tiausit eoniDanv. |
