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Show MMft BID IN By BONDHOLDERS Kansas City, Mexico & Orient in Fair Way to Be Completed. -ICIUT, Kan.. July G.-The Kansas i"lty, Mexico Orient railway was sold here today tr StuiV'l . 000 to the reoiKuu-Iration reoiKuu-Iration lomnutlee r.pr,....eutmK- the bondholders bond-holders of the company. The Lid was ms.de hv A. M. Wl.kwhe of New York Olty. There were no otlair bids. Appllca-tlon for the receivership of (lie Kansas Oily, Mexico ,i- Orient railway, which the federal curt ordered to be sold today to a reorh-anliailon committee commit-tee of New York and London capitalists, was made before Jude John O. l'olloek in the federal court In Kansas Oity, Kan., March 7, 131. i:ieen receivers were appointed to take over the company's anairs In Kansas. Kan-sas. Oklahoma and Texas. 1 mmi dia lei V afterward the holders of the oi.mpsnvs stock and bonds bean work im plans tor the rerlnanem and reorganisation ot the road and J15.oao.0no of Kvaopcan capita uas raled for the purpose of rinlshttiK the road and puttiuK It In operailon fixim Kansas City to the Facinc coast of Mexico. On April :7 last Judce Pollock, bavins been Informed the rcon.-anlj.iMon o.m-mitt.ee o.m-mitt.ee had completed Its plans for the rehaoidtatlon of the Orient, ordered Its sale for an amount not under J0,eO.oo.i. Follow:!:.- tire sale, it is announced, the new company, headed bv Kduard lock- litson as president, will assume full management man-agement and the work of cxtendia; the road from Wichita to Kansas 1,'ity will tie begun. TOPEKA, Kan., July fl. Application for a charier for the reorganized Orient railway was made this afternoon to Oharles Sessions, secretary of slale. la-John la-John K. Mulvane. pros', lent of the Rink of Topeka aid one of the incorporators. The rew ccporataui is capitalized at H5.0C0.CtH. No action win b taken on the new charter until tomorrow. The three chief shareholders In the reorganization ceu'.pa:- are A. M Wick-ivi-e and Jolm B. Ncvln. Neve York and W. T. Kemper. Kansas City. Mo' Juir.t'.y. the three men own 44fi,0ii shars of the. corporation's stock. |