Salt Lake Telegram | 1902-02-19 | Page 2 | Syndicate to Purchase Denver Street Railway

SYNDICATE TO PURCHASE DENVER STREET RAIL RAILWAY WAY Elkins Widener Company of Eastern Investors to Pay for the 8 Property I b 1 DEr- DEr DENVER DErR R Feb 19 N Negotiations which have been een pending for for so some sometime e time Involving th the sale of ot the Denver CH City Tramway company to the Whit Whit- Ryan ney-Ryan- Ryan ney Widener Widener-Elkins syndicate of Eastern st Investors for are areld ares s ld to have been een practically com corn j Grant Chant Schley a member of ot the firm of Moore Schley brokers who represent represent represent rep rep- resent t the e Eastern syndicate has been in Denver for u a number of days looking look look- and lag ing examining over I the g books the k plant la of t i the It elS is cg company believed I I the entire deal Will be e consummated ted i within tf the next month h William G. G secretary of th the tramway who with D. D H. H Moffatt 1 controls controls controls con con- the the- company Is now in New NewYork NewYork York City looking after that end of the transaction The Denver City Tramway company owns miles of track covering eighty-eight eighty miles of the streets of D Denver nver and includes es the former ings of the old tramway company the Metropolitan Street Railway company the Denver Consolidated d. d Tramway company the tle Denver City Railway company the the West End Railroad company the Denver City Traction company and the Colfax Electric com com- corn com pany The company Is i 13 stock stocked d for and has In bonds outstanding