Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1882-12-27
TrenOr w. Park.

Trenor w. Park, president of the Pana-
ina railroad company, died of paralysis on
the morning OF the 18th inst, while on
his way to Aspinwall on board the steam
ship San Bias. After the arrival of the
steamer at Aspinwall the intelligence of
Mr. Parks death was telegraphed to his
children in New York. They were unpre
pared for it, inasmuch rs Mr., Park
although not in vigorous health for tue
last few months. was not thought TO be
seriously ILL., His body has been embalm-
ed and will be brought to New York on
the return of the steamer.
Mr. Park was native of Bennington, Vt,
and fifty nine years old. His childhood,
youth and early manhood were spent in
Bennington, where, after a common school
education, he began the practice of law
There, too, he married Miss LAURA Hall,
daughter of Hiland Hall, once governor
of Vermont. In 1852 Mr.. Hall, who had
been appointed second controller of the
treasury, was sent to California rs chair
man of the commission charged with the
investigation of land titles in that state
Mr.. Park followed him, III, financial
condition at the time being indicated by
the fact that to do so he borrowed money
from Jim" Mcdonald, n well known
money lender of Bennington. Not long
after his arrival in San Francisco, Mr.
Park became partner of General IIalleck
in the firm of Haleck, Peachey, Billings
& Park. The firm did very large share
of the business created by tn controver.
sizes on land titles in California. In ten
years Mr.. Park made enough money to
enable him to invest extensively in real
estate and to embark in number Of
mining and other speculative enterprises.
He became interested in the estate of Las
Mariposas, and with General John &.
Fremont and others, on his return 10
New York, in 1868, he organized the
Mariposa company, which became bank.
rupt after its stock had been purchased
largely by New York capitalists. Mr.
Park has always retained n warm interest
in his native place, and for years made
his home at North Bennington, dividing his
time between there and New York. There
he invested a portion OF his capital in
national banks and railways.
About twenty-five years ago Mr.. Park
Joined Russell Sage in buying up the frs
mort gage bonds of the Wts.ern Vernon
railroad, afterward purchasing Mr.. Sage
interest and reorganizing the road as the
Bennington and Rutland railroad company
Mr.. Park was also one of the projectors
of the Emma mine, and was the che
instrument in the carrying out of The
project by which the mine was sold tC
the English stockholders. 1t is one Of the
episodes in Mr.. Parks busy life that he
took exception to an article which appear
ed in the Tribune at the time OF the
scandal created BY General Schenck' ;!
connection with that enterprise and sueC
the Tribune association for libel. Argu.
ments were had on the peadings in The
United States circuit court, but before the
case was reached for trial Mr.. PARK
discontinued it without costs. Mr.. ParE
kept his holdings of Emma mine stock
effected settlements with the Englisl
stockholders, and as late rs last Thanks
giving day said to friend that he consid'
cred the mine worth twice rs much MS hl
had sold it for in London.
Mr.. Park made fortune out of the sale
of the stock of the Panama railroaC
cOmplny TO the DE I9ssep5 canal company
last year. The price agreed upon for III,
railroad stock was $50. but this wa,
exclusive of the cash assets in the compa
ny hands, which amounted to about s.
share more. Mr.. Park held at the time
nearly $4,000 shares of Panama stock, or
which he received from the canal company
nearly S4,O00,000. lie had boon connected
with the company ten OF twelve years
and Mt one timo he was obliged, it is said
10 sell some of his stock to relieve himself
from financial embarrassment. lie after