| Show I ft ft GETS LOS ANGELES IN LINE Entrance to City of Seo as Angels and Harbor Harbol Rights INDEPENDENT VENTURES nut flut That l II for nit I nrc IK II I In InI I rOc rOcc Fomo c ogo G tho thory Nol about llie tho of ot or ry n companies which believed to havo been bC 11 a It Gould wn Into Ja Ia move to an on entrance are aro turn furn furnished ngI 9 by hy Iho tho Los 1011 Times IS ISI Goulds Wesl of ot how hol I The he problem II wn Pacific railroad will an t en n to Ios AiK hils i bun solved by tho organization o ot Angeles Angelca Railroad At the th Kim WI tho ar articles 11 of Incorporation of tho Los Ios An Angeles Anoles geles oles Harbor which films to develop tho West Basin at Wilmington ton end company Is ts Independent of the other both tho di dl directors rectors and will cooperate Each Elich company I capitalized at with subscribed The Harbor company will have In pre preferred Ir stock tod and provision Is made mude for tor a 0 bonded Indebtedness In of 1000 while the Harbor com has a 0 for bonded Indebtedness A C Bird formerly traffic manager ot the Clou Id lines In tho east but bul now Mil tt resident of ot Compton has been boen elect president of ot both tho new il Mr Jr Bird vas aim at ono time lie of ot tho ngo Milwaukee St Paul railroad He HeIs Is the leading spirit In the new enter which may mn mean much to Los LosAn An ls F C Is 1 secretary of at both companies J V y Oakley Is III treas treasurer treasurer The othor directors arc aro Jacob K 1 W I Iee C Rates FIelding J A X P Maginnis Mill H C of ot Los Ios Angeles F S Cary Wilmington and an W 1 T Ark Arll Arkell ell v York TO SAN PEDRO In III the Ifie articles article of Incorporation It Is stated that tho purposes of 01 tho roll read company to build buy liu lease o n and operate railroads rail rall railways ways as to bo operated by b electricity pam or other motive power over on and along the route and from and to the tho following places and nud andover over and along the tho following branches From rom a II point to ba b hereafter se In tho city of or Los Angeles Ano s to the city of San Ran Pedro Pedr That the tho length of oC said railroad Is 25 GET WATER RIGHTS nIGHTS The rill papers also provided for tor tho ownership and operation of ot 2nd nd other othe for tor freight and POR traffic und for the building b and of or telegraph und telephone lines An express business Is also ox provided pro Id for Cor CorIn Tn In to these extended pow the will own on and nc ac under the laws las of eminent do domain main locks wharves yards ma shops etc te This will me n employment of u tL great greut number of ot otmen men Including skilled mechanics ITS INDEPENDENT I DE l It 11 has been hoen stated by It members of nt the directorate and by b Allen and Van dike ot o the firm of ot Allen t who with Lloyd V Yo 1 aro nr tI for Co tho pro promoters maiers that the proposed now IWI lino tonne ting this city with Its harbor harbol will be built with Independent capital nd that so flO far Car as any an other othol corpora corporation tion Is concerned each em h company Is Isab s ab Independent This capital It Is III asserted has hns been blen beene 80 e tired and as OR soon as its some Neit preliminaries completed flork will be III c el on tho rail rell und and th harbor ESlEE Apparently tho Southern Pacific Is ecy nay Uy U th tt formation of or this company wo we to hold open for lr other roads u L right of ot Ia to t l the tho from Los Loa if It GouldH noIres d Ire ta enter tho city by b our nur trucks It 1111 bo 11 Riven the privilege 90 So will Inc tho Santa Ff F or 01 any other line I do donot donot not think there will be lie any all hitch Thin development of ot tho West cst ln Un In tho of or this line lIue will wean tho of ot I a 11 development which could never neier under ho hJ Flint In For If It tho J NtH BOW of ot an Idro harbor it vIII kill ton Lilli deal It a It will than lhnn 20 o years for It to recover front from Hi th Panama canal Is com 1 UK In Or nil companies and anc u tho ennui on way to th Ih north to tn Hawaii und and to tho ut puss within 70 miles of ot I i i ml port will bo ho timo a I Wo 1 aro ure preparing lo to reap real tho of ot this position lon A WI SlI n PACIFIC It t IK III that the Western Pu Pa will enter Los Angeles by b our trades hut but at tho same time any oth other othI er I which desires to Use uso them for tor this purpose o will have tho right It Is Istine tine that thore may ma bo be some connection connection tion with the tho Gould lines In so far its IS the use of ut our tracks for tor this Is t concerned 1 but It should be bo under understood understood stood that this company compan IB III absolutely Independent of ot tho Western Pacific or orif lit if any other or corporation |
