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Show UTAH MAY HAVE A NEWJRAILROAD PURCHASE OF THE MOFFAT ROUTE AND COMPLETION OF TUNNEL PLANNED Financiers Contemplate Branch Into Unitah Basin; Provo Is Proposed Terminus of Road Los Angeles. Plans for the con-dolidation con-dolidation of a half-dozen long dormant dor-mant railroad enterprises in California, Califor-nia, Utah, Arizona and Colorado toward to-ward the possible promotion of a new line which may utimately form an important link in a transcontinental system has been announced in Los Angeles. The new road, which is not yet incorporated in-corporated and for which the promoters pro-moters say stock will not be offered to the public, is named the Coloraao-'Utah Coloraao-'Utah Pacific raiyway. It is dubbed by the promoters the "C. U. P." system and they have devised a symbol sym-bol of a cup and saucer for it. Officers of its financial department depart-ment have been opened on the tenth floor of the Marsh-Stron building, Ninth and Spring streets, in Los Angeles, and in, Denver and Salt Lake as well. Thos associateed with the promotion promo-tion include Judge John T. Pope, former attorney general of Utah; George Blair Sturgeon, former consulting con-sulting engineer, University of California; Cali-fornia; H. M. Gillam of Los Angeles; Arch L. Mitchell, former state corporation cor-poration engineer of Oklahoma and once connected with General Goethals in the construction of the Panama canal; C. B. Ohearn of the Neal Stationery company; I. Sterling, formerly for-merly of the Gold Seal Refining company com-pany and Utah and eastern capitalists, capital-ists, whose names-, according to the promoters, will not be made public until conferences now being conducted conduct-ed are concluded. As told by Mr. Gilliam, secretary of the temporary promotion organization, organi-zation, the ensemble follows: The proposed road will be in three divisions. The first calls for the purchase pur-chase outright of the Moffat route, for which promoters say an option has been obtained at a price of 32 cents on the appraised dollar valu- ation; the completion of the construction con-struction of the now unfinished tunnel tun-nel from the Denver side of the mountains to a point near Kemm-ling, Kemm-ling, Colo., with the resultant abandonment aband-onment of twenty-three miles of the existing road over the mountains; and the straightening of the road into in-to its terminus at Craig, Colo. This will call for expenditurs of $5,500,000 for the purchase of the road and an additional $4,000,000 for the completion of the tunnel. The second division contemplates construction of a new line from the Craig terminus over the Tampa pla-tau pla-tau through the towns of Maybelle and Lily, Colo., and tapping the Elk Creek oil fields and tence dropping into the gigantic and undeveloped Uintah basin of Utah, touching the towns of Jensen, Vernal, Taft, Roosevelt, Myton, Midview and Duchesne, Du-chesne, and thence via the Strawberry Straw-berry river. A dozen undeveloped townsites have been locate3 on the way to Heber City, Utah, with a final fin-al terminus for the division at Provo. For the construction of the line Mr. Gilliam says that charters already al-ready have been procured for Colorado, Colo-rado, Wyoming and Utah and that two townsites on the Strawberry river, riv-er, comprising 500 acres each, have been purchased outright, and are being be-ing platted and that six others, for which the title has been conveyed, are awaiting like development. He declares he and his associates have under option twenty-one power I sites of 150 acres each, it being planned plan-ned to develop these and the resultant result-ant electric power for the operation of the road. The New York system of electric locomotives, rather than the Pacific electric railway system of self-powered cars, will be used, he said. |
