Show Railroad Projectors l Received I Meet T. T With Strong Encouragement in inthe the Myton Section Section- Promoters Promoters State Emphatically That Funds For Construction tion and Equipment Will Vill y Be Forthcoming Monday there arrived in Myton n John T. T Pope ope president presidentS S of of the Provo Eastern Utah Railroad company S. S A. A Maginnis Ma- Ma ginnis attorney for the company and R. R M M. Pope one of the directors The gentlemen came for the purpose of presenting to the people a proposition for the subscription of stock in in the proposed enterprise e. e The gentlemen have been warmly received in My Myton ton and andI by the time they leave here the first of next week they will I have received a large number of subscriptions to the recently incorporated in road wh which h means means mean m material aid in iri th the financing ng of the new project A sIH special meeting of the Com Com- Com I club was called Wed Wed- I w night even one e in iii h town h in invited to participate tte Mr Nr- NI the Mr Ir Popes Pope explained 1 in their detail detail their plan f for l the financing construction construe construe- t ion tion and equi equipment of the road president of the com company nn slated it that sufficient ent money had been arranged el for hy by a h bond sale bale providing pro the people of the basin subscribe for a are r reasonable e a s 5 on n h a b b l I e eI I amount of the stock aril and agree I to pay for it in in fi h t e y years ars after I the first train r ran ln over o the line I i between n Springville and Jen- Jen Jensen Jent t sen en t on the then note tc d does eB I I I. I not co commence mece until the tile road rom ib is completed and th the cars are arc arc running over the line At the option of the maker th Jime of payment p t is extended f for r a period of five years at 6 0 per cent No mortgage a e as security S for the note not is d d. d Both agreement nt and n d note n t are absolutely absolutely fair to every everyone e otie concern concerned rued ru- ru invite ed and the thu promoters everyone who has the welfare I of the basin at heart to look into into into in in- to th the m matter tt r The notes ri are re placed l' l in iu in escrow in a bank k and unless the thc road is built as reIl re- re pi Il pre et e die hc h same are to to be returned et d to the maker by hy the bank hank holding h the escrow agreement agree agree- ment |