Central Pacific Railroad Copy Letter in Duplicate of 18 June 1898 Hon John

Cover Central Pacific Railroad Copy Letter in Duplicate of 18 June 1898 Hon John
Central Pacific Railroad Copy Letter in Duplicate of 18 June 1898 Hon John
John T John Thomas Doyle
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1.
Substance of disclosure to Sir RIVERS WILSON.
Substance of my statement made to Sir Rivers Wilson, repre- sentative of a committee of stockholders of the Central Pacific Railroad Committee on his visit of inve stigation to California in 1894-5.
The Southern Pacific E. E. Started with a line of road ex- tending from San Francisco south to Gilroy, which had been built by Peter Donohue, H. M. Newhall, Charles B. Polhenius and Charles Mayne, under the corporate names of the San Francisco and San
... Jose Eailroad Company, and the Santa Clara and Pajaro Valley Eailroad Company. The persons named owned all the bonds, and all the stock of these com- panies; except about five hundred shares of the stock of the first-named company.
The Southern Pacific Eailroad Company was organized in December, 1865, by some eight or ten persons, T. G. Phelps, W. T. Coleman, Chas. N. Fox, and others. Neither the company nor the men who incorporated it had any consider- able means, nothing was paid in on the stock, and it was in fact a mere paper organisation.


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