Latest / Story of the First Trans-Continental Railroad / 009 - The Kansas Division Kansas Pacific Railway
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- 0:00Speaker 1: Section nine of the Story of the First Transcontinental Railroad
- 0:05Speaker 1: by William Francis Bailey. This LibriVox recording is in the
- 0:09Speaker 1: public domain recording by Paul Harvey. The Kansas Division Kansas
- 0:15Speaker 1: Pacific Railway conflicting interest on location. Leavenworth, Pawnee, and Western
- 0:21Speaker 1: chartered by Kansas, plans to connect with the Union Pacific
- 0:27Speaker 1: at the hundredth meridian Supplementary Charter eighteen sixty four San
- 0:32Speaker 1: Diego or Denver construction work, Indian troubles, receiverships consolidation with
- 0:38Speaker 1: the Union Pacific. At the time Congress passed the Pacific
- 0:43Speaker 1: Railroad Bill in eighteen sixty two, there were three conflicting
- 0:48Speaker 1: interests contending as to the location. First that in favor
- 0:53Speaker 1: of the northern now the Northern Pacific route, second the Central,
- 0:58Speaker 1: and third that in favor of the Missouri Kansas location.
- 1:03Speaker 1: The Northern interest had not developed to a sufficient extent
- 1:07Speaker 1: to cut much figure, only having the support of Minnesota, Wisconsin,
- 1:12Speaker 1: and Michigan. The Central route was backed by Chicago and
- 1:18Speaker 1: the railroad interests centering there. The Missouri Kansas route had
- 1:23Speaker 1: the support of Saint Louis and the territory tributary There too.
- 1:28Speaker 1: The last two were sufficiently persistent to have both of
- 1:32Speaker 1: them recognized. Accordingly, the charter called for the one line
- 1:37Speaker 1: commencing at the one hundredth meridian and running west, with
- 1:42Speaker 1: branches of feeders reaching that point, one from Omaha, Iowa
- 1:47Speaker 1: Branch Union Pacific Railroad, one from Sioux City to be
- 1:52Speaker 1: known as the Sioux City Branch Union Pacific Railroad, one
- 1:57Speaker 1: from Saint Joseph or Atchison to be built by the
- 2:01Speaker 1: Hannibal and Saint Joseph Railroad, later known as the Central
- 2:05Speaker 1: Branch Union Pacific Railway Eastern Division, and then the Kansas
- 2:11Speaker 1: Pacific Railway, this latter in connection with the Pacific Railroad
- 2:16Speaker 1: of Missouri from Saint Louis to Kansas City to be
- 2:20Speaker 1: the Saint Louis Line. The Pacific Railroad Bill of eighteen
- 2:25Speaker 1: sixty two read the Leavenworth, Pawnee and Western Railroad Company
- 2:31Speaker 1: of Kansas are hereby authorized to construct a railroad from
- 2:35Speaker 1: the Missouri River at the mouth at the Kansas River,
- 2:40Speaker 1: where it should connect with the Pacific Railroad of Missouri
- 2:45Speaker 1: now the Missouri Pacific Railroad, to the hundredth meridian of longitude,
- 2:51Speaker 1: upon the same terms and conditions as applied to the
- 2:54Speaker 1: construction of the Pacific Railroad, which it was to meet
- 2:59Speaker 1: and connect with at the meridian point named through Kansas.
- 3:04Speaker 1: It was to be located so as to make connections
- 3:08Speaker 1: with the several railroads through Iowa and Missouri, provided it
- 3:12Speaker 1: could be done without deviating from the general direction of
- 3:17Speaker 1: the whole line to the Pacific Coast. It further specified
- 3:21Speaker 1: that two hundred miles should be built within the first
- 3:25Speaker 1: two years and one hundred miles a year thereafter, and
- 3:29Speaker 1: after finishing their own line, they could unite on equal
- 3:33Speaker 1: terms with the Union Pacific Railroad Company in the construction
- 3:38Speaker 1: of the latter's line west of the hundredth meridian. This
- 3:42Speaker 1: gave them the alternate sections of land within five miles
- 3:47Speaker 1: on either side, and the United States bonds to the
- 3:50Speaker 1: amount of sixteen thousand dollars per mile, similar to the
- 3:55Speaker 1: eid extended the Union Pacific Railroad Company by the government.
- 4:00Speaker 1: The Leavenworth, Pawnee and Western Railroad Company had been incorporated
- 4:05Speaker 1: by the legislature of the State of Kansas in eighteen
- 4:09Speaker 1: fifty five and was organized in January eighteen fifty seven,
- 4:14Speaker 1: but nothing was done of any consequence under its state
- 4:18Speaker 1: charter The company was reorganized June eighteen sixty three and
- 4:24Speaker 1: changed its name to Harmonize with the Act of Congress
- 4:27Speaker 1: to Union Pacific Railway Eastern Division. Under its state charter,
- 4:33Speaker 1: it was to have extended from Leavenworth, Kansas on the
- 4:38Speaker 1: east to Pawnee, Kansas, Fort Riley on the west, with
- 4:43Speaker 1: the privilege a building on west to the Kansas state line,
- 4:47Speaker 1: the state charter not permitting work outside of the Kansas boundaries.
- 4:53Speaker 1: Ground was broken on the line at Wyandot, Kansas, the
- 4:57Speaker 1: state line between Kansas and Mis in August eighteen sixty three.
- 5:03Speaker 1: Active grading commenced at wine Dot September one, eighteen sixty three.
- 5:10Speaker 1: The contract for the construction was first let by the Leavenworth,
- 5:14Speaker 1: Pawnee and Western Railroad Company to Ross Steele and Company,
- 5:20Speaker 1: but before they got down to actual work, the company
- 5:23Speaker 1: had been reorganized as the Union Pacific Railway Eastern Division
- 5:29Speaker 1: and had changed hands. The work was begun by Samuel Hallett,
- 5:34Speaker 1: who had been very prominent in promoting the latter company,
- 5:39Speaker 1: the contract being in the name of Hallett and Fremont,
- 5:43Speaker 1: the Fremont being the erstwhile candidate for the presidency of
- 5:47Speaker 1: the United States He is best known today as the Pathfinder.
- 5:52Speaker 1: From his several exploring expeditions between the Mississippi Valley and
- 5:58Speaker 1: the Pacific Ocean, Yimont had been identified with the idea
- 6:02Speaker 1: of a railroad to the Pacific in the interest of
- 6:05Speaker 1: Saint Louis, Missouri. He however, did not continue as one
- 6:11Speaker 1: of the contractors, but withdrew. It was a time a
- 6:14Speaker 1: bitter feeling over the slavery question. Missouri was pro slavery,
- 6:20Speaker 1: Kansas free soil. Hallet inaugurated his work by planting a
- 6:26Speaker 1: post inscribed on the Missouri side slavery and on the
- 6:30Speaker 1: Kansas side Freedom. Mister Hallet was assassinated on the streets
- 6:36Speaker 1: of Wyandott July twenty seventh, eighteen sixty four. An employee
- 6:41Speaker 1: named Talbot had surreptitiously written a Secretary of the Interior
- 6:47Speaker 1: in regard to the work not being up to requirements,
- 6:51Speaker 1: more especially that the buildings were simply makeshifts put up
- 6:55Speaker 1: to evade the law, etc. Through this and other complaint,
- 7:00Speaker 1: the government refused to accept the first section of forty
- 7:04Speaker 1: miles and withheld the bonds and land grants that Congress
- 7:08Speaker 1: had granted Hallett on his trips to Washington, became aware
- 7:13Speaker 1: of Talbot's action, and on his return called him to task,
- 7:17Speaker 1: with the result that Talbot shot him from a doorway
- 7:21Speaker 1: as he was returning to his work from his midday lunch.
- 7:25Speaker 1: After Hallett's death, the work passed into the hands of
- 7:29Speaker 1: Saint Louis Parties, with John D. Perry as director. Under
- 7:35Speaker 1: the Supplementary Pacific Railroad Bill of eighteen sixty four, the
- 7:39Speaker 1: conditions as far as the Union Pacific Railroad Eastern Division
- 7:44Speaker 1: as it was then called, were materially improved. It was
- 7:49Speaker 1: authorized to connect with the Union Pacific Railroad at any
- 7:54Speaker 1: point deemed desirable, but no more bonds or land grants
- 7:59Speaker 1: were to be given than if connection were made as
- 8:02Speaker 1: originally contemplated at the hundredth meridian. It was also given
- 8:07Speaker 1: the option building from the mouth of the Kansas River
- 8:12Speaker 1: to Leavenworth, thence West, or a building directly west with
- 8:17Speaker 1: a branch from Leavenworth connecting with the main line at Lawrence,
- 8:22Speaker 1: but in the latter case no bonds or land grant
- 8:25Speaker 1: would be given account the branch line mileage. Another feature
- 8:30Speaker 1: of the bill was permissioned to build on west to
- 8:33Speaker 1: a connection with the Central Pacific Railroad provided. When it
- 8:38Speaker 1: the Union Pacific Railroad Eastern Division reached the hundredth meridian,
- 8:43Speaker 1: the Union Pacific Railroad proper was not proceeding with the
- 8:47Speaker 1: construction of its line, and good faith, the company, under
- 8:52Speaker 1: the discretion granted them, elected to abandon the junction with
- 8:56Speaker 1: the Union Pacific Railroad at the hundredth maride and to
- 9:01Speaker 1: build directly west. The company proceeded to explore the country
- 9:06Speaker 1: south and west in search of a practicable route to
- 9:11Speaker 1: the Pacific, which being found, they then went further and
- 9:15Speaker 1: had the several routes thoroughly surveyed. In their investigations, they
- 9:20Speaker 1: had four thousand, four hundred and sixty four miles chained
- 9:25Speaker 1: and leveled, the most extensive survey on record. Careful surveys
- 9:31Speaker 1: demonstrated that the distance to the point of connection with
- 9:35Speaker 1: the Union Pacific Railroad would have been three hundred and
- 9:39Speaker 1: ninety four miles from Kansas City, and this much of
- 9:43Speaker 1: the line Kansas City to Pond Creek, Kansas was bonded,
- 9:48Speaker 1: aided and land grant the government aid amounting to six million,
- 9:54Speaker 1: three hundred and two thousand dollars. The Hannibal and Saint
- 9:58Speaker 1: Joseph Railroad reached Saint Joseph February eighteen fifty nine, Kansas City.
- 10:05Speaker 1: Soon afterwards, the Missouri Pacific Railway reached Kansas City October
- 10:11Speaker 1: eighteen sixty five. Owing to the fact that there were
- 10:15Speaker 1: these railroad connections between the east and the eastern terminal
- 10:19Speaker 1: of the line, the work of construction was greatly facilitated.
- 10:24Speaker 1: In the expense of building the line greatly reduced. The
- 10:28Speaker 1: headway made was slow at first. The work was new
- 10:32Speaker 1: to the officers in charge as well as to the men.
- 10:36Speaker 1: The following table chose the progress made. September first, eighteen
- 10:41Speaker 1: sixty three. Commenced work at State Line Wyandot, Kansas. November
- 10:47Speaker 1: twenty eighth, eighteen sixty four. Reached Lawrence forty miles. October thirtieth,
- 10:53Speaker 1: eighteen sixty five. First forty miles accepted by the government
- 10:59Speaker 1: December fifteenth, eighteen sixty five. Fifty miles done. August eighteenth,
- 11:05Speaker 1: eighteen sixty six, reached Manhattan one hundred and eighteen miles.
- 11:11Speaker 1: October seventh, eighteen sixty six. Reached Pawnee fort Riley one
- 11:16Speaker 1: hundred and thirty five miles. January seventh, eighteen sixty seven
- 11:22Speaker 1: to mile Post one fifty five April eighth, eighteen sixty
- 11:27Speaker 1: seven to mile Post one eighty one October fifteenth, eighteen
- 11:33Speaker 1: sixty seven to mile Post three thirty five Fall eighteen
- 11:39Speaker 1: sixty seven to mile Post four oh five Phil Sheridan
- 11:44Speaker 1: March twenty fourth, eighteen seventy reached kit Carson, four hundred
- 11:50Speaker 1: and eighty seven miles August fifteenth, eighteen seventy, completed into Denver.
- 11:57Speaker 1: The difference in altitude between Kansas City and the western
- 12:01Speaker 1: boundary of Kansas is some twenty seven hundred feet, and
- 12:05Speaker 1: is thus distributed six hundred feet the first two hundred miles,
- 12:11Speaker 1: seven hundred and sixty nine feet in the next one
- 12:14Speaker 1: hundred miles, and thirteen hundred and twenty thence to the
- 12:18Speaker 1: Kansas line. The original intention had been to follow the
- 12:22Speaker 1: Republican River, but this was changed and the Smoky Hill
- 12:27Speaker 1: route from Junction City, Kansas West adopted. When the road
- 12:32Speaker 1: reached Monument, three hundred and eighty six miles from Kansas City,
- 12:37Speaker 1: dissensions arose among the stockholders. One faction was for building
- 12:43Speaker 1: to San Diego on the Pacific Coast via New Mexico
- 12:48Speaker 1: and Arizona. Another was for building the Pueblo and up
- 12:52Speaker 1: the Arkansas River, whilst the third and successful one was
- 12:57Speaker 1: for pushing straight ahead to Denver, from there to a
- 13:01Speaker 1: connection with the main line of the Union Pacific Railroad,
- 13:05Speaker 1: the idea being to secure for Saint Louis a portion
- 13:09Speaker 1: of the transcontinental business and the line the carrying thereof.
- 13:14Speaker 1: The line was built under contract by the following firms
- 13:18Speaker 1: Hallett in Fremont, Wyandot to Lawrence, Kansas, thirty nine miles
- 13:24Speaker 1: Ira M. Shoemaker and Company, Lawrence to mile Post one
- 13:29Speaker 1: hundred and forty, a distance of one hundred miles Shoemaker
- 13:34Speaker 1: and Miller mile Post one hundred and forty two mile
- 13:38Speaker 1: post four hundred and five, two hundred and sixty miles
- 13:44Speaker 1: west of mile post four hundred and five, or Phil
- 13:48Speaker 1: Sheridan as it was then called. The Denver Extension was
- 13:52Speaker 1: built by the company itself, General W. J. Palmer being
- 13:57Speaker 1: in charge during the instruction of the line. The contract
- 14:02Speaker 1: to feed the forces at the front was led to
- 14:05Speaker 1: Goddard Brothers, who utilized to a very great extent Buffalo
- 14:09Speaker 1: meet for this purpose. To procure these they employed a
- 14:14Speaker 1: W F. Cody at five hundred dollars per month, During
- 14:18Speaker 1: this engagement, Cody claims to have killed four thousand, two
- 14:22Speaker 1: hundred and eighty buffaloes, earning for himself the Appalachian buffalo bill,
- 14:29Speaker 1: by which name he has ever since been known. The
- 14:32Speaker 1: best heads were, by special arrangement, shipped to the headquarters
- 14:37Speaker 1: of the company at Kansas City, where they were nicely
- 14:41Speaker 1: mounted and used as an advertisement of the road. The
- 14:45Speaker 1: line reached Ellsworth, Kansas the spring of eighteen sixty seven,
- 14:50Speaker 1: and made for some time its terminus there. In all
- 14:54Speaker 1: the history of the boomtowns or railroad towns, there were none.
- 15:00Speaker 1: It surpassed this place for ninety three consecutive days there
- 15:05Speaker 1: was one or more homicide in the town or its
- 15:08Speaker 1: immediate vicinity, one hundred in all. Another place that sprang
- 15:14Speaker 1: into prominence during the time it was the end of
- 15:18Speaker 1: the track was phil Sheridan, located near the point where
- 15:22Speaker 1: the road crossed the hundredth meridian mile post four hundred
- 15:26Speaker 1: and five. During its brief existence, it was a rattling,
- 15:31Speaker 1: noisy place, full of life and vigor, rowdyism predominating. Not
- 15:37Speaker 1: a steake, brick or shingle is left market site. It
- 15:42Speaker 1: was here the construction rested for nearly a year and
- 15:45Speaker 1: a half, financial troubles, uncertainty as to whether to build
- 15:50Speaker 1: to San Diego, California or Denver, and some very fine
- 15:55Speaker 1: work on the part of the Union Pacific Proper being
- 15:59Speaker 1: the oasi of the suspension of work. On June twenty sixth,
- 16:05Speaker 1: eighteen sixty five, work was begun on the branch line
- 16:08Speaker 1: from Leavenworth to Lawrence, Levenworth and Lawrence Railroad Major B. S.
- 16:15Speaker 1: Hennings being in charge as superintendent. Upon the completion of
- 16:21Speaker 1: the branch in the spring following, the headquarters of the
- 16:25Speaker 1: Union Pacific Railway Eastern Division was moved to Lawrence, the
- 16:30Speaker 1: operation of the line being under the direction of R. H. Shoemaker, Superintendent,
- 16:36Speaker 1: who was succeeded in December eighteen sixty seven by George Noble.
- 16:41Speaker 1: The work of construction was in charge of General W. W. Wright.
- 16:48Speaker 1: At the meeting of the company held April first, eighteen
- 16:51Speaker 1: sixty seven, mister John D. Perry of Saint Louis was
- 16:55Speaker 1: elected President, mister Adolph Meyer of the same place vice president,
- 17:01Speaker 1: and among the directors was Thomas A. Scott of Philadelphia,
- 17:06Speaker 1: afterwards president of the Pennsylvania Railroad. In eighteen sixty four,
- 17:11Speaker 1: The population of the state of Kansas was one hundred
- 17:15Speaker 1: and thirty five thousand, eight hundred and seven in eighteen seventy,
- 17:20Speaker 1: when the line was completed three hundred and sixty four thousand,
- 17:25Speaker 1: three hundred and ninety nine. This marvelous increase was due
- 17:30Speaker 1: in no small degree to the construction of this line
- 17:34Speaker 1: and the facilities it provided for the settlers to reach
- 17:38Speaker 1: the cheap land in the interior of the state, as
- 17:42Speaker 1: well as the security it gave them against Indian depredations.
- 17:47Speaker 1: Stage lines between the Missouri River points and Denver had
- 17:52Speaker 1: been running between Saint Joseph Atchison and Omaha for several years,
- 17:58Speaker 1: but after the line was built some distance the route
- 18:02Speaker 1: was changed and the connection was made between the end
- 18:05Speaker 1: of the track and Denver by the Holiday overland mail.
- 18:11Speaker 1: Much trouble was caused by the Indians during the construction,
- 18:15Speaker 1: even more than was encountered on the Union Pacific Railroad.
- 18:19Speaker 1: To this cause, and no small degree were the delays
- 18:23Speaker 1: of eighteen sixty eight and eighteen sixty nine attributable. It
- 18:27Speaker 1: was necessary not only to arm the engineer Corps but
- 18:31Speaker 1: also the Greaters, the government issuing arms and ammunition for
- 18:36Speaker 1: that purpose. Military escorts and guards were furnished by the
- 18:41Speaker 1: Army to the railroad men, both on the grade and
- 18:45Speaker 1: a head surveying for the better protection of the road
- 18:49Speaker 1: and construction forces. Army posts or forts proper were maintained
- 18:55Speaker 1: as follows. Fort Riley mile Post one, forty Fort Harker
- 19:01Speaker 1: Mile Post two, thirty, Fort Hayes Mileposts three hundred, Fort
- 19:06Speaker 1: Wallace mile Post for twelve. It was the Cheyennes, Arapahos,
- 19:12Speaker 1: Sioux and the Utes who made the trouble. In March
- 19:16Speaker 1: eighteen sixty nine, the company was authorized by special Act
- 19:20Speaker 1: of Congress to assume the name of the Kansas Pacific
- 19:24Speaker 1: Railway Company instead of Union Pacific Railroad Eastern Division. A
- 19:30Speaker 1: witty epigram on this change that went the rounds of
- 19:33Speaker 1: the papers at the time read as follows, the Union
- 19:38Speaker 1: pacifics about to apply for a change in its name,
- 19:41Speaker 1: and no wonder 'tis as warlike as Jove, that great
- 19:45Speaker 1: god of the skies, and Pacific about as his thunder.
- 19:50Speaker 1: And talking of this, it is strange, as it goes
- 19:53Speaker 1: through perpetual snows in some quarters, the railroad should be
- 19:57Speaker 1: in the midst of its foes, perpetually in hot water
- 20:02Speaker 1: while those in authority had decided to push through to Denver,
- 20:06Speaker 1: the idea of building through to San Diego was not abandoned,
- 20:10Speaker 1: and in eighteen seventy two a branch line was commenced
- 20:15Speaker 1: at kit Carson, destined to Pueblo and then south along
- 20:19Speaker 1: the Rampart Range to New Mexico and thence to the coast.
- 20:25Speaker 1: This line was completed nearly due south to Fort Lyne,
- 20:29Speaker 1: and some twenty miles of grading dune between Fort Lyne
- 20:33Speaker 1: and Pueblo. Financial stringency, together with the building of the Atchison,
- 20:39Speaker 1: Topeka and Santa Fe into the same territory, resulted in
- 20:44Speaker 1: the abandonment of these plans, and eventually the track from
- 20:48Speaker 1: kit Carson to Lyons was taken up under the following circumstances.
- 20:54Speaker 1: The owners of the Central Branch Union Pacific R. M. Pomeroy,
- 20:59Speaker 1: Austin and associates were pushing the construction of this line
- 21:04Speaker 1: westwardly and announced their intention building to Denver, thus making
- 21:09Speaker 1: a competitor for the Kansas Pacific Railway. Mister J. Gould,
- 21:14Speaker 1: who at that time eighteen seventy nine was the principal
- 21:18Speaker 1: owner of the latter line, while out on an inspection
- 21:22Speaker 1: trip over the line instructed his general manager Sill Smith
- 21:27Speaker 1: mister Sylvester T. Smith, to build into their territory and
- 21:32Speaker 1: parallel them. Out of this grew the Junction City and
- 21:36Speaker 1: Fort Kearney Railway, now a part of the Union Pacific Railroad.
- 21:42Speaker 1: Smith was unable to buy sufficient rails to build and
- 21:46Speaker 1: accordingly took up those on the branch of the Kansas
- 21:50Speaker 1: Pacific Railway Kit Carson to Lyons, i e. The Arkansas
- 21:56Speaker 1: Valley Railroad and relaid them on the Junction City line.
- 22:00Speaker 1: Some of the Arkansas Valley Railway bonds were owned in Holland,
- 22:05Speaker 1: and a representative of the Dutch happened along on an
- 22:09Speaker 1: investigating tour but was unable to find any road. The
- 22:14Speaker 1: matter soon got into court and an effort was made
- 22:18Speaker 1: to locate who was responsible for the tearing up of
- 22:22Speaker 1: the Arkansas Valley Railway. Finally, General Manager Smith was put
- 22:27Speaker 1: on the stand and frankly acknowledged what he had done
- 22:31Speaker 1: and that he had no orders from President, Directors or anyone.
- 22:36Speaker 1: The question was then asked, who ordered you to build
- 22:40Speaker 1: the Junction City and Fort Kearney Railway, and the answer
- 22:44Speaker 1: was Jay Gould, and who is he for? At that time,
- 22:49Speaker 1: he was not the well known man he afterwards became.
- 22:53Speaker 1: At this point, Judge Dillon obtained permission to interrupt the
- 22:58Speaker 1: proceedings with a query, as in whose behalf all this
- 23:02Speaker 1: investigating was being done? The holders of the bonds? Was
- 23:07Speaker 1: the reply? Then that must be myself, for said he,
- 23:11Speaker 1: I have here in my hands all of the bonds
- 23:14Speaker 1: in question. Mister Gould had quietly bought in the bonds
- 23:18Speaker 1: while the matter was in the courts, bringing the inquiry
- 23:22Speaker 1: to an end. The line cost for its six hundred
- 23:26Speaker 1: and seventy three miles Kansas City to Denver and branch
- 23:31Speaker 1: Leavenworth to Lawrence thirty six million, seven hundred and forty
- 23:37Speaker 1: seven thousand, three hundred dollars, or about fifty two thousand
- 23:41Speaker 1: dollars per mile. In eighteen seventy three, the road was
- 23:46Speaker 1: unable to meet its obligations and was placed in the
- 23:50Speaker 1: hands of C. S. Greeley and Henry Vollard, receivers, a
- 23:55Speaker 1: majority of its stock passing into the hands of interests
- 23:59Speaker 1: friendly to mister J. Gould. About eighteen seventy seven, complaint
- 24:04Speaker 1: was made that Villard and Greeley were not the proper
- 24:08Speaker 1: men to act as receivers that they were antagonistic to
- 24:13Speaker 1: the owners of the bonds, lacking practical knowledge, et cetera.
- 24:18Speaker 1: The matter finally reached the Supreme Court of the United States, who,
- 24:23Speaker 1: in remanding it back to the district court, ordered their
- 24:26Speaker 1: removal and the appointment of one man, and he a
- 24:30Speaker 1: practical railroad man, as receiver in their stead. Under this order,
- 24:36Speaker 1: in eighteen seventy nine, Sylvester T. Smith, who had been
- 24:40Speaker 1: connected with the road in various capacities, including that of
- 24:44Speaker 1: general manager, was appointed receiver. In eighteen seventy nine, the
- 24:50Speaker 1: company was reorganized and in January eighteen eighty consolidated with
- 24:55Speaker 1: the Union Pacific Railroad under the name of the Union
- 24:59Speaker 1: Pacific Railway Company, the holders of Kansas Pacific Railway stock
- 25:05Speaker 1: being given share for share in the new consolidated company.
- 25:09Speaker 1: The basis of the consolidation being Union Pacific Railroad one thousand,
- 25:16Speaker 1: forty two miles capital stock, thirty six million, seven hundred
- 25:21Speaker 1: sixty two thousand, three hundred dollars funded debt, seventy eight million,
- 25:27Speaker 1: five hundred eight thousand, three hundred fifty dollars and sixty
- 25:31Speaker 1: five cents the Kansas Pacific Railway six hundred and seventy
- 25:36Speaker 1: five miles capital stock of ten million dollars, fund a
- 25:41Speaker 1: debt of thirty million, five hundred sixty seven thousand, two
- 25:46Speaker 1: hundred eighty two dollars and seventy eight cents, and the
- 25:50Speaker 1: Denver Pacific Railroad one hundred and six miles capital stock
- 25:56Speaker 1: fifty million, seven hundred sixty two thousand, three hundred dollars,
- 26:01Speaker 1: the funded debt being one hundred nine million, six hundred
- 26:05Speaker 1: and fifty six thousand, six hundred thirty three dollars and
- 26:09Speaker 1: forty three cents, for a combined total of one thousand,
- 26:14Speaker 1: eight hundred and twenty three miles capital stock totaling fifty million,
- 26:20Speaker 1: seven hundred sixty two thousand, three hundred dollars and funded
- 26:25Speaker 1: debt totaling one hundred nine million, six hundred and fifty
- 26:29Speaker 1: six thousand, six hundred thirty three dollars and forty three cents.
- 26:35Speaker 1: End of Section nine. Recording by Paul Harvey,