New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-11-11

of S.,t., Clara. with It's beautiful towns
49,, ef,eep hundred 20 four Thousand ihh"''
:" ard It's cutlva'eJ farms OF nous.
.cre. IN single field sfeady ioresnaoows VIA a,
,e,s more wears " make II. pur'hs 'nc o.
.sss,on of the Legislature the ci'zoIo
lose. foremost amO1s whom "o,' Pr
49, Hon r. . CROSBY, JAMES Nftp'
a,d chr. took ntIatory steps to organize
~ S1, -. IN Ct Railroad between 'nd'
1877 81, Tranci.cO-Ihc hrst INK, on lhe Ia
olJ ar g ,bs, ron band that Is soon TO unite
''h0 seee, -. ,ogethsr the States OF the Atlantic
~ ~ ,tc newly acquired territories, no" iae
t,,gbtcst star IN the galaxy oi States
Ih,s enterprise WIS retarded by Tue 'eho'ai
a. Vallejo Of the STATE Government, as wen as
: The gloom winch pervadod the business com,
.,nnjsy caused uy frequent disastrous hree anu
,he 5cpres,icn IN al branches Of trade. with
the happy changes that have since eccurrea'
and are vet operating 20 restore confidence, the
,,ieuds of .he project again took u IN manu.
and are now urging T. forward with az energy
and activity commensurate with the importance
of the undertaking 20 tie lntefests Oh Inc valley
and country AT large subscription OF Sloo,0oO
10 The .,ock was made By the citizens, and an
.nstaiment of ten per cent. on SbOOOV promptly
paid in which fulfilled the requirements oil the
law antecedent 20 a regular and legal Organizs-
ton Of the Company
Thcreupon, on the 9Th OF September, the stock
holders met at San Jo,G, and elected the follow
ne Board of Directors Of the San Francisco
and San Jose Railroad Company" the first Rail
road organization ID California:
BOARD Or DIRECTORS
DAVIS Divine, ESQ, Alexander f0roes' ESQ
Hon T.. o Crosby, DR. James L: C0Do,
Can't. W. d. NJ. Howard, Peter J: Davis, Esq,
Daniel Murphy, Esq, Peter van oah9Rn""' "'t'
Thos O Larkin, Esq. sherman Day, Esq,
samuel J. Hensley, ESQ Joseph 4, rainier, Esq
Hon. Joseph I. Sram.
The Directors are gentlemen not only stand
ING high IN point of integrity and lndomitaoie en-
terprise IN California, but many OF them are also
we'll known here. Mr. Forbes Is one oil the iafg-
est owners of the quicksilver mines at New
Almaden. twelve miles ABOVE San Jose, the
yalue of which can only be estimated by mil
lions. Mr.. Palmer, Of the banking house Of
OF Palmer. Cooke d Co, Mr.. Crosby late
State Senator, and Judge Divine, are from TINS
state Messrs T o Larkin, ID. Murphy ana D.
] HensIey, are old settlers in Caliornla-the
lattetgentleman for many years partner WIN
p b Reading, Wing candidate tor Hoveraof AT
the recent election. At meeting OF the Dlrec-
tors, held on the 10Th OF September, the loho"-
ing officers were chosen for the first year
President DAVIS DIVINE, Esq., OF san JoSe'
Wee. Prssldcnf. J. ALEX FossEs, Esq, Santa lara
Secy,fary CHARLES T. ALLEN, Esq, San jose
Chte( Engineer. WV LEWIS, ESQ --
Asst Lnstneer.T. ARROWsHITH, ESQ., -.
An Executive Committee, consisting OF tue PTeSl-
dent. AMI Messrs Crosby, Van Caneghan. J DAVIS
and Day were chosen az the same time Also RI
nance Committee, consisting of DR. j. &. CoODi Jo-
seph Arsm and Capt. w d. II. Howard. The Com
missoners 20 open Books of Subscription TO the cap
itai stock, are Capt. w ID. VI. Howard, Joseph T.
Palmer, Samuel J. Hensley, Dr. j. Z. Coab ana
Charles White.
The Engineer Corps for the survey and l0ca-
ton of the line OF The proposed road, consists OF
ten men, all but two OF whom are old and practl
cal engineers, having been engaged on railroads
IN the various States The desire among these
gentlemen, either and all OF them fully quail
fed 20 be chief, 20 be connected with the
survey OF the Frs, Railroad IN California, was SO
earnest that they took the subordinate positions
in the corps, at moderate rates OF compensation
no more III fac,, than the average OF ordinary
laborers This shows q most admirable and
pralsewOrthy spirit, which cannot iall TO INSURE
success, backed as is the enterprise 10y IKE de-
termination the part OF the officers. directors,
and citizens
By the last mail intelligence is received that
already two routes have been partially surveyed
-one through the heart OF the Valley, nearer TO
the Bay OF San Francisco, and the other on a
higher level, near the foothills OF the Coast
Range More eligible lines for the building OF
GOOD and cheap road cannot be found In inc
tuion With the exception of moderate rldge
running from the ocean 10 the bay al ioih'
Bruno, about eight miles Out from San rancisco'
distance between the two cities about OIL miles
From an address issued last February, by
a committee of citizens appointed at pun
lie meeting. to report upon the ptactlCaoii'v
OF a Railroad. together with the statistics Oh
business and travel a, that time existing, make
the following extract:
"The valley OF san Clara, with ats tributaries
contains about 90 Oi as fine ullage land as
the agrruiturist need desire This land has yteldcd
one hundred fold II crease Of wheat, and has been
equally prolific III other products one OF the com
ml,ee on tins address has raised yoO ousnes oi poa
toes this wear on one acre. We speak adYlsediy
when we say that ia two years, WITH the aid Oh
railroad, this Valley Will De able to supply san
Francisco with all the produce she can Use. oui
teeming acres vii pour forth bouRieous supply
Tor her population when II shall have risen from
10000 10 sOo, 900 inhabitants
Even with the present population of the valley,
profitable business can be- done on such road
Dunug the last months, the amount OF passen-
tertravel between this place ana san Francisco mas
not been less than l05OO NJ an average expense OF
SO each, making total Of $lte,OOo Darns the
same time about 100000 feet of lumber were
bTough, 20 the EmbaIcadeTo. at an average cost OF
SIS per Thousand feet amounting 10 $S0,00O. 10 ths
must be added $50 900 for other freight In this emu
mera,ion we omit the immense quantities of hay,
wood bricks potatoes quicksilver, cattle, aud other
articles which have been transported to San Francis
30 by water OF land To this we must add the cost
Of carting 90 and from the Enbarcadero Some es-
innate may be- formed % the enormous amount of
that not one of the largest, has paid, during six
months, over $S,0O0 These facts Justify the suppo-
siton that the expense oi transportation Tor the SIX
months ending Dec 81, 1850, has not been less than
$4,000"
Since this report was published the settlement
Of the Valley OF Santa Clara. (SiXty miles IN
length by ten 10 twenty IN breadth, has been at
rapid rate handsome houses built, farms fenced
m and cultivated, and every indication manItests
that is destined to be the garden of Cahfornls.
possesses the loyehesi scenery and most
charming climate OF any portion of the Paclhc
Coast and with such a means OF quick COM
munlca,ion a. the Railroad will give. not only
VII the travel and trade greatly increase, but
the merchants and wealthy citizens of San Fran
cisco build their country seats and reside asmost
constantly amid It's beautiful groves and Hover
tesprnkled natural lawns-removed beyond the
influence of the rough winds and diSagreabie
logs OF Summer a, the Bay" As an invest
ment, no Railroad m the United States will pay
so large dividend upon the capital as this VIII