Salt Lake Telegram | 1935-02-27 | Page 10 | RFC Maps Action on D. & R. G. W. Issue

MAPS ACTION I ION ON D. D R. R 6 W. W ISSUE WASHINGTON Feb 27 P Sale SaIe Sale of the Minneapolis St. St Paul railroad railroad rail rail- road to eight competing lines with consequent dismemberment of the system was announced as agreed upon today by the Reconstruction Fi Fl- n nance nce corpo corporation tion The corporation has agreed to advance advance ad ad- vance to the purchasing roads which will bid in the property at a federal court sale The road has been in receivership since 1923 Jesse H. H Jones corporation chair- chair twin mon said he planned to discuss today today today to to- day the situation of the Missouri Misouri Pacific Pacific Pacific Pa Pa- the Denver Rio Grande Grand Western Western West West- em ern and the Western Pacific with various officials of those lines The TheVan TheVan TheVan Van en brothers who control the Missouri l Pacific and the Rio Grande were waiting to see tones Jones when he called in newspaper m men mn n. n The Denver ft Rio Grande Western faces laces a e. possible receivership March 1 unless some seme arrangement is made to take care of or of back interest I I payments on its ts fixed debt