Ogden Daily Standard | 1906-02-12 | Page 1 | Philippine Railroads

philippine RAILROADS i bid of cornelius vanderbilt and others accepted washington feb 1 12 2 the vid of 0 solomon and company corneous cornelius vanderbilt der dei bilt J G white and company all of new york thomas y swift detroit with whom is associated tho national banking corporation II 11 R allson VIlson and heidelbach and company compan y has bas been accepted by tho the philippine government for the concessi concessionary contracts contract or grafts for the const maintenance and operation of railroads in the L elands I 1 ands of negros panay and cebu their bid provides for full government guarantee authorized by congress 0 on it four per cent bonds tor for a period of thirty years on 95 per cent of tho the cos cost t of construction thore there were no other bids f for or the grants for the these se islands the linea lillei on negros NORI OS and panny panay will iggi agate loo miles each and on cebu 95 miles lulles I 1