Canyon City news., September 04, 1908, Image 1

About Canyon City news. (Canyon City, Tex.) 1903-1908

Image provided by: University of North Texas; Denton, TX

                
Canyon City New
VOL XII.
CANYON, RANDALL CO., TEXAS, FRIDAY. SEPTEMBER 4. 1908.
NO. 23
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RAILROAD MEETING.
Proposition is Placed Before Randall
County People for Railroad
to Silverton. "
For some time then; lias boon
sm undercurrent of tsilk regard
ing si new railroad out of Canyon
City sind the matter culminated
into a meeting which was held sit
the court house in this city Wed
nesday afternoon. While not a
long notice was given to tin; peo
ple the court room was comfort
sihly tilled when called to order.
N grosit deinonstrsition wsis
inside but the matter was taken
up in si business like manner and
fully discussed. Major Eugene
C. Gordon, who represents the
promoters, submitted in writing
si proposition as well sis stating
to the assembled crowd the ele
ments of the proposed proposi
tion, After the discussion the peo
ple organized on somewhat of si
permanent basis and elected L.
J-. Cowling as permanent chair
man and George A. Brandon as
secretary, "the chairman having
authority to appoint si committee
of ten, to which committee, to
gether with the officers, the
propoitkm wis turned ovor for
Investigation, to report at u meet
ing to be held Thursday after
noon, September 1". Major
(lordon and possibly others in
terested will be here to meet
with them.
The people of the town haye
taken hold of the matter in their
usual business like manner and
not with a view of making a big
blow and then have nothing do-
We 1 in vi not spsico this wbek to
give in full the proposition sub
mitted, but we give below the
gist of the matter so thsit our
readers msiy be resisonably well
informed about the matter.
The proposed rosid to be built
(nun Canyon City in a southerly
PC southeasterly direction to a
connection with some railroad
further south or to built through
Hrlseo county.
That the people subscribe an
amount equal to one dollar ier
acre for sill lands lying within
six miles on both sides of the
proposed rosid, from the begin
ning point to the county line.
r'wplvp per cen'. of aggregate
iPnoiint subscribed to bo paid In
rush within fifteen days, after
(onti'itct Is. closed, said amount
to be deposited in some agreed
bank as trustee, the remaining
eighty per cent, to be represent
i ed by notes of osw h separate sub
scriber for his amount, payable
one-third when rsiilrqad is entirely-
completed to Randall county
It. W. O'KKKFK, President
.J. M. HLACK, Vice Prcn.
I. L. HUNT, Casliier
It. If. WIUGHT, Aunt. Cash.
The Canyon National Bank
LIT ."'..i-' .:
Capital $50,000.00.
Surplus 10,000.00.
Profits 6,000.00,
line, one-third one year from that
date and the remaining one-third
twoyesirs from that dsite, with
per cent, interest payable semi
siiiiiuiilly, said notes to be placed
in the hands of a bank trustee,
to be deliverdd when railwsiy is
completed.
The twelve per cent, cash paid
to be paid out as the work on the
grading of the road progresses,
at the rate of nine hundred dol
lars for each mile sis graded, the
grade to be accepted by a com
mittee of throe appointed by the
subscribers, s,;dd committee to
issue the checks.
For sill these cash amounts
paid in and used for grading
there are to be delivered to the
trustee first mortgaged, percent,
bonds in amounts oqusd to cash
paid in, same to be delivered to
subscribers who paid the cash.
The notes and cash remaining on
hand sifter the completion of rail,
way to be considered sis a bonus,
First niortgago bonds to be lim
ited to twelve thousand dollars
per mile
Canyon City to be required fo
furnish right-of-way through su
burbs of ssiid town, to a connec
tion with Santa Fe railway, to
gether with twenty acres for de
pot grounds, sspue to be deeded
to tli' rsiilwtiy company, subject
o the. bilildingof the l oad, Also
two hundred lown lots in Canyon
City and lii'O sicres of land ad
joining the townsite.
The principal offices of the
company and shops and round'
houses to be built sind maintain
ed at Canyon City for si period of
twenty years, and silso division
headquarters.
All money for rights-of-way
shall be taken from the twelve
per cent, cash paid.
The grading of all the rosid to
Silverton or Briscoe county to
be completed within one year,
and mils and ties with trains
running within two years unless
hindered by strikes, great linsm
cisil stringency or Providential
hindrence, and if so hindered one
year more shall be sillowed.
Subscribers .may pay their
subscriptions by work on railway
at sr.O0 per dsiy for msm sind
tesun, which shall be the same as
cash sind bonds issued for same.
Deeds for lots in Csmyon City
sind :!'Ji) acres of Isind to be held
in escrow until rosid is complet
ed. Msijor ( Jordon is well recom
mended, having been the first
promoter of the rosid from lien
to Plsiinview. lie organized sind
secured the construction of the
Georgia Pacific mil rosid from At
lanta, Gsi.. to the Mississippi
river. Also built si railroad from
Clsirksville, Tenn., into south
western Kentucky, which is now
si part of the Louisville and Nash
ville Rsiilway. lie inaugurated
and built the Sheffield and Bir
mingham Railway in Alabama,
besides having been interested
in developing other great enter
prises in the South.
Thursday morning the chair
man, L. E. Cowling, appointed
the committee of ten provided
for sit the meeting sind they are
as follows : L. G. Conner, L. T.
Lester, .1. M. Black, CO. Keiser,
C. T. Word, .John llutson, .1. A.
Edwards, W. F. Heller, W. E.
Hates, J. C. Hunt.
A Small Fire.
Considerable excitement was
csiused in this city last Saturday
afternoon when an alsirm of tire
was turned in from the western
portion of town. It wsis soon
learned that some betiding
in the smoke house of 1).
A. Park of West Evelyn
street hsid become ignited. A
can of gasoline in the building
exploded, psirtiall.v knocking out
one side of the building, but
prompt action on the psirt of the
neighbors prevented any dsimsige
to any other buddings.
Prof. Redus, Prof. Craig and
Miss Annie Kirk, teachers in our
public schools, will conduct the
county examination for teachers'
cortiticsitos to bo held Friday and
Saturday at the court house.
HOME PEOPLE BUY.
More of Our People Get Lands While
They Can Get Them at
Present Prices.
Three of our citizens decided
this week that they had better
get ahold on some of our kinds
while they could get them at pre
vailing prices and they there
fore? purchased each a section of
land from John llutson, who rep
resents the Cedar Valley Land
and Cattle Company.
The parties purchsising were
R. M. Peeler, H. C. Taylor and J.
Frank Smith. The terms are
private, but we understand that
the lands brought si good price.
Mr. Peeler bought back si section
of land that he purchased from
the state and which he sold in
190.'. Mr. Peeler thought at
that time that the land had reach
ed its highest point, but now de
cides that it was Wtter than he
thought and therefore gives a
good profit to get the land back.
Gradually these lands that
have been held for some time it
large bodies are being sold and
as fast as sold improvements are
being made, so that in a short
time the large ranches will be a
thing of the psist.
The three men who purchased
the kinds mentioned in this arti
cle arc old-timers in point of liav-
ing lived in the county for si num
ber of years and their purchase
only denotes si confidence in the
future development of the hinds.
Old-Fashioned Box Supper.
The ladies of the Baptist
church of this city gave an old
fashioned box supper on the
lawn at the residence of J. H.
Hall on West Houston street lsist
Friday night. The attendance
was large and a nice amount was
obtained for the benefit of their
parsonage fund.
There were si large number of
beautifully decorated boxes to be
sold, and they sill went almost
immediately after being placed
on sale. This reporter cannot
speak for them all, but he, does
know that the one he purchased
wsis worth the money and more.
There was also furnished nice
music and free watermelons. A
sideshow- in the way of moving
pictures also went to enhance
the enjoyment of the entertain
ment and all went away glad that
thev had come.
Mrs. Mae VsmWermin of Oak
land, Csil., is visiting in this city
at the home of her sister, Mrs.
.1. M. Renshaw. After isiting
here she will go to Coney Islsmd
and the principal points of inter
est in New York and other east
ern states.