Show A RAILROAD TO DENVER on june 24 the articles of incorporation P po of the rio grande western hilway were filed with auditor CID clayton aton they provide for a consolidation soli dation of the D A B R 0 W with a colorado corporation known as the state line and denver rall rail ofay aty company under the name fl given and for the construction of a ne from the terminus of the A 11 jt G W at the western boun dary ary line of colorado to den vr w in other words the latter road will change its name absorb the he state line lin organization and davida avea line of its own from this city to w denver the road will be a broad guage and the bra branches i iches of the D R G W alread constructed in this territory will be changed to local guage the charter provides as follows the common capital stock of the company shall be divided into shares of the par value of per share there shall be preferred stock shares of the denomination of which preferred shares shall be entitled fied to dividends up to 5 aper per cent per annum cumulative non before the common capital stock shall be entitled to any dividends after the payment in any one year of 5 per cent on both the preferred and common tock both classes of stock shall share on an equal footing in the distribution of any further dividends in that year the line of road in the state of colorado shall be commencing at a point in mesa on the west line of the state of colorado where it will connect with the line of the denver rio grande western thence running iia ia a general easterly direct direction iou up the valley of the grand river to glenwood springs from thence in a general easterly direction by the most practical route to the city of denver and from such point or points on said main line that may be found most desirable by the most practicable route or routes to aspen pitkin county leadville lake county and C colorado springs el paso county also from the most desirable point by way of gunnison Coche topa pass and saguache to pueblo in pueblo county the charter contemplates the construction st of a line from ogden to the southern boundary of the territory with branches at various points on said line to the east and west boundaries of the territory branches to the cashe valley and to the chalk creek coal beasto park city to frisco lines through sanpete San pete sevier counties etc etc the entire length of said several lines with their branches being miles the actual contemplated cost of constructing said lines of railroad and telegraph in colorado and lutah together with right of way the motive power and every appurtenance and running of the road as near as can be estimated is I 1 including the cost of the liner line already constructed and in operation the manner of converting the capital stock of the respective companies is as follows the common capital stock of the party of the first part shall be cancelled and retired and the capital stock of the party of the second part shall be converted and exchanged into the capital stock of the new company by equal exchange share for share |