Salt Lake Telegram | 1924-04-29 | Page 16 | Toll Bridges a Motor Boon

TOLL BRIDGES AL1DIDR BOON 8 Per Cent Stock Offered to Finance Construction Salt lnwtor wH. hav, t on ttm. or nohr motors from hr l Sn mcitr will lntr..tl In th. otfrln ef th. UtllHI Klnnc torporatlo. CHfuml eompnr. ,lh hr.nrti omc Iwr. und.r fh.rlr. W. lonrd. lc pr" common .IO.-K of th. A"..'" To'l Brio. ct.mp.nT of C.lifornl.. Th mp.ny I. .t pr.int 'noit'd ron.trurtlon of hlnhw.y toll "''' rroi ontutn.. .tr.lt nl the n Jiquln rlvw In -llforiil. hl-h wh.n compl.trt. will l ,M ronn.otwn with r.ncUco mainland proper. . Toll At prent th Am.rlran Toll Brldr. company l op.ratli '"'' .1 ihM. to wit.rwaya, which th.y cl.lm ar. arnln from tolla mor. than aufflrl.M to a,ur. an ' " .uannln on th. common .lock .ln orf.m) Tiia atocli l part of an au-Ihorlird au-Ihorlird Imu of 2.1M.U00 aharw. an-oth.r an-oth.r ,lmllar lot balnc hld In oaw-Th oaw-Th .tock. with a Pr " ' ' hr,, l bln offered at I-', . ah Tha undrnrtandtnc " arcordln to tha t.rma of th. I tah Kunllaa eommlnalon'. parmll for lla aal. In Utah, that a r.turn of II a nar. will o. mad. at th. nd of Jour r. or bafor. any of th. I.ton.aOO .h.r in aacrow ahall paxtlclpala. In dlvidnda. VICTORY MIOMWAV. IHildtnda at th rat. of I r cent a .hare im tha aallln prlca of II ! h.m paid Th.ra ara no outttandln onliaaUon. ah.ad of tha common to.-k or no oth.r Ind.hlcdne.a. the nnmon atock alnf .uaad to flnmnca ' th. con.lrucllon of th. brtdtfea. Th. American Toll Brldra company awn. Mi. Kodeo-V.llejo ferry, whlrh connecia th. I'aclfle highway acroa, faroulnen atralt, own, control of tinlden 'lata Terry company, which operate, op-erate, from Ban Franeiaco lo Mauaa-Mo Mauaa-Mo and owm th. Antloch-Sherman l.iand ferry, which link. th. Ictocy h allway ncroM Ban Joaquin river Th. hrldle at Ih. latter place la of Intereat to Belt Lake, aa It la the direct di-rect connecting link of the Victory huhwey and makea Ihla highway mio Kan Kranclaco ehorter mora direct and m.we attractive, thua aaaurlneT a heavier transcontinental motor trar-tie trar-tie through bait Uaka. IMVORTANT DIVELOFMINTS. . Carqulnea and Antloch ferrlea are being replaced by modern eieel and roni-rete brlngea. both of whlrh Will carry enormoua yehlrl. traffic. In the Rodeo-Vallejo transported 1.-iri.027 1.-iri.027 pe.eengera and 411.304 vehicle., wilh earning, of approllniately $;,i(i.-eoe $;,i(i.-eoe according to the compnny'a .Ule-ment. .Ule-ment. It la expected that theee figure, fig-ure, will h. mor. than douhled In the flr.t year of operation of the toll bridge,. Tlie two bridge, ar. tn. fnoat pop-tiler pop-tiler developments In th. state of t'al-tfnrnla t'al-tfnrnla wher. motor registrations, mhlch ar. growing at the rate of 25 ' per cent a year, now total 1.U4.K7. They will unite central California, long cut off by th. t'arqulnea strait and the Ban Joaquin rtvr In all direction. direc-tion. Th. Antloch brtdg. will be Sit? f,- Inn. wide enough for three au-1 au-1 tomohilrs abreast and will have 1& f.et clearanc. over high water, wtih the lift epati open. The t'arqulnea bridge te to he ISatt feet long, wide enough for four cara 4 Ml feet high aver a.l. with 13& feet clearance above high eater. Ruth brldgee are being; constructed con-structed under th. aupervletnSi of th. L'niled Htateg war department. Harvey M. Toy. chairman of tha Calir'.mia highway commlaelon, has estimated that th. avera-e dally travel "ever the I'anfva highway thie y.ar will be ZnOu motor vehlilea.