Incorporated in Colorado, August 17th, 1912 - 50 years.
Chartered to succeed, to take over and assume all rights, property, interest, franchises and liabilities of the Union Depot and Railway Company, incorporated in Colorado, November 17th, 1899 and to acquire, construct, maintain and operate a Union Depot, lines of railway and terminal facilities for Railroads within the City and County of Denver, Colorado.
This Company controls 5.84 miles of track.
Letter from the Secretary & Treasurer, Union Depot Company to Mr. J. M. Meade -
"From the records in my office, I find that "The Union Depot Company" was organized September 30th, 1879. Walter S. Cheeseman, S.H.H. Clark, Sylvester T. Smith and Bela M. Hughes being the incorporators. DIrectors for the first year were the three gentlemen above named, together with A.A. Egbert and D.C. Dodge. Term of existence twenty years. Capital Stock $300,000.
but just what interest each road owned, does not appear.The record further states that the board of directors shall proceed to purchase a site for a depot building, including grounds, tracks, sidings, switching yards and all needful appurtenances; that the total outlay shall not exceed the sum of $850,000 except with the written consent of the Railway Companies.
This seems to constitute the record of this company,
On November 29th, 1879, "The Union Depot and Railroad Company" was organized, Bela M. Hughes, Walter S. Cheeseman, D.C. Dodge, A.A. Egbert and J.F. Welborn being the incorporators.
Term of exsitence fifty years.
Capital stock $400,000.00
Directors for this year, S.H.H. Clark, Sylvester T. Smith, Walter S. Cheeseman, A.A. Egbert and D.C. Dodge.
Board of directors were authorized to borrow $300,000.00 for the purpose of grounds for a depot, with tracks, sidings and other necessary appurtenances, and to issue and dispose of bonds in the sum aforesaid.
An agreement then seems to have been entered into between the Depot Company and A.H. Garfield and Company, for stone from the Morrison Quarries for the building of the depot, the price to pe paid, as follows:-
First Class Rubble Stone - $1.60 per perch
First Class Footings - 3.45 per perch
Broken Stone - 1.67 per cu.yd.
A meeting of the Board of DIrectors held July 3, 1880 recited that "whereas it has been ascertained that the sum of $300,000.00 agreed upon and provided will be insufficient to complete the said depot building, Now Therefore, be it resolved that the words "Three hundred and seventy-five thoudand" be substituted for the words "THree hundred thousand dollars" in said agreement.
An agreement then seems to have been made between the depot company and James A. McGonicle of Leavenworth, Kansas, for the erection of the superstructure, "according to designs and drawings made by W.E. Taylor, Architect, the price to be paid for said superstructure to be $163,890.00.
Then follows a page in the middle of the book to the effect that the stock of said company shall be held as follows;
Union Pacific Railway Company - 1598 Shares
Denver & Rio Grande Ry. Co. - 799 Shares
Colorado Central Ry. Co. - 799 Shares
Denver, SOuth Park & Pacific Ry. Co. - 799 Shares
(and presumably each director 1 share) - 5 Shares
4000 Shares
then follows a resolution that the President and directors shall make and file a certificate with the Secretary of State, that the capital stock of said company is $400,000, which has been paid into said company "by certain services, privileges and contracts."
Then follows a financial statement showing that the totao cost of construction was $455,222.87, some of the principal items being as follows:
Superstructure - $178,568.94
Land - 99,840.00
Foundations - 23,661.31
Tracks - 25,086.55
Grading and Filling - 20,033.22
Platforms - 16,068.95
Steam Heating Plant - 11,878.07
Furniture and Fixtures - 8,753.78
Plans and Specifications - 6,000.00
Superintendence and Engineering - 4,100.00
Sewers - 2,645.98
Fencing - 4,707.35
Interest on Bonds - 16,517.47
On June 11th, 1890 there was authorized an expenditure of $35,000 for the building of a 100-ft addition to each end of the building per plans prepared by Varian & Sterner, Architects.
On March 17th, (St. Patricks Day) 1894, the building was destroyed by fire and the record from that time to 1899 shows only meetings with the insurance adjusters and for the purpose of extending the loan then owing by the company; plans were also submitted by Varian & Sterner, F.E. Edbrooks & Co. of Denver and Van Brunt & Howe of Kansas City, Architects for the rebuilding of the depot. THe plans of Van Brunt & Howe were adopted and total cost of rebuilding not to exceed $75,000.00.
On November 17th, 1899 "The Union Depot and Railway Company" was organized, the incorporators being Edward Dickinson, Everett Buckingham, Elroy N. Clark, W.A Duel and Elmer E. Whitted.
Said Company was organized to succeed to and take over the property, rights and franchises of the Union Depot and Railroad Company, to assume all its just debts, etc.. Capital stock $400,000., term of existence 20 - years. There are no financial statements of record in the minute book but from the old ledger, after the rebuilding was complete, the property accounts stood as follows:
Land - $ 99,840.00
Plans & Specifications - 6,169.60
Engineering - 4,119.68
Sewers - 2,645.98
Foundations - 23,661.31
Track - 26,374.98
Freight - 6,812.11
Grading - 20,457.37
Superstructure - 178,568.94
Plumbing - 3,085.07
Steam Heat - 14,344.46
Platforms - 16,048.95
Furniture & Fixtures - 8,797.03
Fencing - 4,732.35
SW. Shanty - 112.00
Gas Fixtures - 961.44
Elec. " - 580.35
Tools - 703.38
Improving Grounds - 4,344.67
Legal - 2,639.12
Taxes - 3,473.19
Commissions - 7,510.28
Interest - 917.63
Miscl. - 7,644.34
Bonded Indebtedness - 16,517.47
Improvements - 195,474.40
Betterments - 17,219.00 $673,735.10
On AUgust 17th, 1912 "The Denver Union Terminal Railway Company" was organized to succeed to and take over "The Union Depot and Railway Company" and from thence on, I presume you are advised of the expenses to Road and Equipment. However, I enclose you herewith, the printed monthly statement which has been published since the work of construction began, on page 6 of which you will find the Statement of expenditures for Road and Equipment up to and including October 31st, 1916. The statement for the month of November is now in the hands of the printer.
The Architect