The daily union. [volume] (Washington [D.C.]) 1845-1857, 1855-07-11
IMPORTANT DECISION.

The decision Of the United States board Of land commits
soners CALIFORNIA; board which has secured universal
confidence in that Saien the celebrated Of Bolton,
Barron Co. is of most important character and though
not defnitive, nasmuch the is expected to be
carried before other tribunals IT is regarded almost
elusive evidence the justice Of the title in question The
following able article from the San Francisco Prices Cur
rent and Shipping List select from number of other
notices of this important decisions
By far important event in financial point of
view which has occurred during the fortnight not the
past year. in San Francisco the confirmation by TIE Uni
ted States land commissioners of what currently known as
the Sanan or Bolton Barron claim to lands Immediately
adjacent the city The claim in question covers somewhat
thousand of land commencing at the Pueblo
line confirmed and extending the whole OF the Mis-
grounds and the beautiful valleys between that place and
the The bay frontage very great as VIII be seen b
reference any map of this city, while large portion OF
the ground already covered with substantial Improvements
on which many of dollars have been expended
This decision will have most important bearing upon
the value real in and adjoining the city, inasmueh
as will bring market large tract which has been long
residences and commercial purposes but which
has not hitherto available account OF the unsettled
the title The settled part of the city is bounded
Immediately and abruptly the west by high range OF
hills which the land not practicable for residences
purposes of commerce. independent of the winds but
the tract which is brought into market opens out
level grade upon the valley OF the Mission well waered
l.
which, whenever pierced sends artean jets OF water four
six feet above the surfaces is sheltered from wind and
opens the upon the bay of San Francisco About two
miles of practicable waterfront thus added to the city
We consider it god send TO commercial interests that
this has been finally decided and it is additional
piece good fortune that the decision has after thor
oughy contested litigation and in such form that any fur
Their resistance will be hopeless ms immense tract Of land
wh''o estimated at the ruling rates. from thirty forty
millions of dollars now expected come into market and
la, p,rill
an activity in transactions which viii react
/ the commercial interests Of tie city.
The title to this tract Of land has been stouty
tested perhaps than that to any other in the country not
excepting the famous General Suffer to the
lands in Sacramento county. The ables legal talent was
employed by the squaters they called and no stone
left unturned the testimony brought for
ward by the clamans So well satisfied however, were the
commissioners of its validity that they pronounced the most
perfectly established of any which had yet been brought be-
fore them and stated that they would have confirmed 1t in
any case Supreme Court of the United States had
not taken the ground they did In the Fremont and Richie
! claims.
"Tbe title to these lands now vests in Messrs Palmer
Cook Co., of this city but understand that time
since they disposed of half Of their claim to Phade
pha company and that the latter have formed ontstock
association with 1850 shares. These shares which short
time ago could suppose be purchased for tring
each, will be worth tens OF thousands of dollars the
value Of the lands confirmed to thom being almost ncacu
/ table,
Every step taken by the commission the courts which
goes settle titles TO be hailed godsend by this
muniy where much money has been expended much la
Dor wasted and unfortunately little blood she'd
roverses arising from disputed titles to lands 1t would
have been actually better for the city at large had the title
to the whole of the ground which San Francisco now
stands originally vested in Millions of dollars
| would have been saved thereby.
The parties who had settled and improved portions
the Bolton and Barron claim making arrangements
with Messrs Palmer Cook Co. 20 quiet their titles,
pleased learn that the latter gentlemen disposed
+, to afford them very liberal terms"