Salt Lake Telegram | 1902-07-30 | Page 2 | Two Roads Headed Salt Lake Ward Being Pushed for All They're Worth

HEADED SALT ARD BEING PUSHED FOR ALL THEY'RE WORTH Financial Plans of Moffat's Denver Short Line Line- Work Progressing on C Coos os Bay and Salt Lake LC Ro Route u t PF DENVER EVER R J Juli Tho 30 30 Th The Mercantile Tru Trust t. t company of r q York will hold the mortgage of the Iol t road theD the D Denver n er Northwestern Pac Pacific Railroad Railroad Rail Rail- ro road ad c company m As soon a as the the mortgage mort nort- g gage g which which- l Is now being prepared Is and arid 81 n d by M Mr Moffat and In Den Denver r It h will ll bo he ent sent to cw York or for approval al by the tM The bonds w then be issued and offered to the public This will be within the next four w weeks ek i September By 1st as as' s' s has haR- been announced tho the D DeIv Denver r r. r Northwestern Pacific Railroad company will begin b building the main line litle The announcement that the Mercantile Merean- Merean n- n tile Trust company campan campanIs Is Is tho the hoMer holier of ot the tho protecting the Issue 9 of bonds and sto stock k Is the most Important yet m made In z regard to th the financial end t bf tho great greM pr project The mortgage covers covers' the entire roa road Its property and nd rights r The company is now In Sn position to let the heavy contracts for building th the tunnel and ad the tho road westward to Utah The t tunnel n el Ill Jb b be t th the first work It Is said to be taken b by the Ue constructIon construction tion company Work Worle will Mill begin on the theother theother theother other end erid early carly this fall and two large plants plant of machinery will be Installed so BO that drilling the feet can be bek k kept pt up w without Interruption throughout through through- out the winter ORK O ON COOS BAY PROJECT IN N PROGRESS 1 1 x AT THE OTHER END IND ND i AND Ore July SO Chief Engineer En En- L. L D. D of ot the Great Eastern East East- at- at ern erli railroad the proposed line from Coos Cos Bay to Salt SaIt Like Lake CIt City returned last ast night from Co o 33 nil Ba v w where here he has been beer for the p past st ten days das superintending tending tie the p preparations for work on the Belt Delt Line road rondo Construction on the Belt Line railway was commenced yesterday starting from torn Empire runnInG running running run run- ning up Coos Ea Bay 3 3 to crossIn crossing crossing cross cross- ing In- Int t to East on op a a. draw drawbridge drawbridge bridge thence circling around to Glasgow Glasgow Glas Glas- Glasow gow ow and out on the harbor jett Jetty The total length of or the line will bo be fifteen miles The Empire Council has granted a n. franchise through gh that and ot other et property a and d rights have been secured se secured se- se cured that assure tho the completion of or the se-I se line ne