Show mm HAWLEY RAILROAD SYSTEM COMPLETE Clover Leaf Alton Alon Iowa lowa Central Central Central Cen Cen- and Minneapolis St. St St Louis Linked Together OF MILES MlLE Territory to Be Served Is the Richest Agricultural Region In the Word t loik Aug 11 13 I has as S at ul lu list t completed a t railroad d lint hat he lie plaited out years rears ago U lo Ill build d hc he last link was UH to today today 10 day duy the lie control of or Chicago ami allt Alton Allol W wu turned over O to him him un and his lilt friend b by the Rock noc Island The Thc sale Is l nominally to tu the tho Clover r Leaf lIaw luw- luw Ic Icy controls lie tho Clover Clu Loaf Leaf IpaC and uld will irhE wJ l cole president of ot If thc tho new nev neW system which I Is for now Iea ready 01 organization This new system tel will vIll wi bo be b of ot Iho lii Clover Lent Lear tho lie Alton Alon the lie Central alit and uld the lie tl Minneapolis I Is and SI St L Joul Louis Loul It I can cn be put together without violating any laws as the thc roads rod arc alC not itoh paralleled competing ones The rhe I system stem wilt wl stretch from Toledo on oil the lie east to Minneapolis and I Kun Kansas as CIty Cly Clyon on oil tile the wc west t The Thc Clover er Leaf LeaC has 4 11 1 mJe miles of road the ito A Alton lon 9 1 5 talks miles mils the Minneapolis and St. St Loul Louis miles mies and the Iowa joiva Cent Central mi 69 Tills gives hc th the lie new hew nearly thou thousand antl ml miles s of or tracks truck for Cor a few links k arc are lo to lobe lole tobe be le built buill buil connecting the lie various roads roa s. s The Thc first Oll construction will wl he bt accordIng accord accord- log Ing hl to u announcement mode made mate toda today a seven mile s en strip connecting the thc Clover CloverLeaf CloverLeaf Leaf and the lie Alton Blei H I The served h by this hug y is Is beyond und the lie richest lUl tural l region in lit the world Tho 11 new will wi be e able to ho make mako cornice cornice- tol wih all lJ e great cut systems lS- lS of the thc v This deal fur for the lie Alton Hun is js imide subject sub sub- je icet t to one ofle condition that condition that the lie road oad be he not ut fn lined tl by b tho the government o In iii the lie rebate rebato cases cabes A decision J Is is expected In about ten da days on this point The sale leaves cl the lie Rock Island with Ith about abouL of oC available u credit It 1 removes remove the Inland as ns S a t bone bOIC of or contention und UH und the thc deal d JI IH a u a long bug tei toward lit hi n railroad world President Su hI I d n nil 1 his UI Jihu t t r t t u. u y c tk l i b r f b i HU pis b Inh in ahI t. t lf I. I Aiti 0 I i F Formal t lm of ur thc lie deals n as ts an- an I al-I today tu a were that the lie Toll Toledo U SI i l Louis anil Hl Western l which is tl lit formal of uC the Inc Clover Clun I L Leaf ur sha shall I u Us ls Is collateral h. h bonds HC- HC U b by the tho Chicago and Alton AHun common com coin mon lion 0 ond iid nt preferred stock purchased on iii lii- lii tl- tl basis basin of oC i 1 per cent C ll at ul par hear lur for 01 I fj SOO har of jf the t stock toch 2 por iet lieI fur for the Hie s el e years eal I and ant 1 t per her cont for fOI the second I lIve ll I ear on oil 01 shares of lite tw common com coin mon 1 stock nt at 35 Under these host e terms If Ft the tl lii Chicago o and amI Alton Alun continues to tu car oarn ari I per 11 cr cont on Its Us preferred stock toek I as 55 It IL lias jias 1 done dining lh the lie past five fhe y ars with wih a surplus I over o and above this hi Is amount lal i ranging il hg from flum rout a at minimum U tit of oC 1 for Cor the he year yeni eol ended June 30 0 o 1907 10 the only risk to lo the Toledo t. t Louis and antl Western estern will vili wi bo be for the lie first Int five f c years rems and mid for COl the lie second five f c years ear fly nr Al At the lie of or P P. Sholts Shouts president re of or the Clover Leaf the following fol Col- ol- ol lowing statement was as given out The Tio acquisition of or thc lie Chicago and andAlon Allon Alon l by the lie Toledo St. St S1 Louis and rn railroad places tho ho hatter laler company in a pot potential In the lie transposition transportation affairs of or Ito Iho Middle esL esLA cst A system which reaches with wIh its Is I own rolls rails Ial Toledo St. St Hl Louis Chicago Pool Peoria la anil auth Kansas a l as CI City and n lel CS the lie rich and antl populous terrItory these cities must Jlius be c an Important factor In iii the lie transportation world worl iJ The llie connections which the iii Cluver Li-at Li railroad will wi make b by this hits ar- ar ral elent al at Kans as Cl City with wih the lie Rock flock Island Union Pacific the lie Santa SantaFe Fe Ire Fe the lie Missouri and Texas Kansas CJ City Southern ll and other oilier roa roads s should add adt greatly to 0 toIs toUs Us its Is sten strength th of or tiui Dual leitl The lie terms under r which h the lie Chicago Chi cn cago o and Illinois has Ij been en acquired 1 provide Io that lint the hue Clover cr Clo Leaf Lear shall shah Is Issue Issue Is- Is sue suo Us its I collateral trust l bonds secured I by the thc Chicago Chicago and Alton AlLen common UI d and preferred stock purchased on lh tho hO basis of I per ci cent at ut P par U for shares of ur the thc preferred stock block und and ant 2 per por cent for fOI the lie first five years ean and 1 1 per cent for COI ot the lie second live five years of oC 1 HOO 1 shares of or common stock al Ol 30 35 I It I I Is stated slated that ownership will wi not Ib bo be actually us assumed until uIL the Iho Hawley interess ts In the he Clover el Clo Leaf have hl c definite deli deli- ef- ef nite knowledge of uC the policy Juey of oC the lie administration In the ilie matter mailer of fines levied lovied l on OJ the Ino Standard Oil company IJ by Jud Judge e Lund Landis Is |