Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1886-01-01
LOCAL INTELLIGENCE.
CHANGE IN A PROMINENT FIRM
e. X, A'sip Succeeds to the Business of
Sweetser & Alsip.

E. X, A'sip Succeeds to the Business of
Sweetser & Alsip.
1t is rarely that we take the liberty of
inquiring into or publishing the biogra-
pixies of business men, but occasionally an
opportunity is presented which makes
matter Of this kind not only proper, but of
real interest to the public Learning that
changes were contemplated in the old
established and flourishing real estate and
insurance firm of Sweetser d Alsip, re-
porter was detailed to ascertain the facts
1t was learned that on to-day the senior
member of the firm, A. G. Sweetser, retires
having disposed of his interest in the bust
ness (at No. 1015 Fourth street, to Edwin
X. Alsip. As this has been one of the
leading real estate houses in the interior
in fact, the most prominent in northern
California-it is well that the public should
know something of the gentleman who
Is to guide its destinies in the future
Mr. Alsip was born in Indiana in 1874. and
came to California with his PARENTS in
1856. He has been a resident of Sacra-
| mento ever since with the exception of
the few years spent on his fathers farm in
another county,, and was educated in the
I public schools here. In 1860, while oper-
ating a moving machine on his fathers
| place, he met with a severe accident. by
which he quite lost the use of one arm.
| He was thrown from the machine, falling
! in front of the knives, and one arm and
both his legs were badly mangled. This
accident having untitled him for the life
of farmer. MIR. Alsip was forced to look
! about for some other avenue of business or
employment, and finding no better oppor-
tunity at the time he applied for and OBJ
fnr nod n fatn Al
Union and Bee. in this CITY, In December.
1864, Mr.. Alsip-whose ambition had al
ways kept him on the lookout for the best
business opportunities entered the
Office of A. C. Sweetser (who had
been engaged in the real estate and insur-
ance business since 1S60) as clerk. The
office, which was located in the same place
it is to-day, was small affair then in COM
parison with what it is to-day, and its VOL
ume of business necessarily somewhat
limited. Mr.. Alsip began at a salary of
S25 per month, and in 1S69-only five wears
afterward-le purchased half interest in
the house, and has ever since been men,
Der of the firm. The remarkable energy
and business qualifications developed by
him have been strongly impressed upon
the operations of the firm ever since Mr..
Alsip has become widely known as one
whose knowledge of the value and quality
of northern California lands-as well
as of city property in Sacramento
was such as to give him a great
advantage over most other persons engaged
in the same line of business. Having now
purchased his partners interest, he will
continue in the same branch of business
that has given the firm of Sweetser & Al
sip an enviable reputation in real estate and
insurance circles all over the State. 1t has
well been said that . nothing succeeds like
success and the truth of the adage must
be admitted. Certainly, if past success be
any criterion upon which to forecast the
future, there is abundant reason to antici-
pate continued growth OF the business of
the house with which Mr.. Alsip has been
so long connected. He is thorough-goin
wide-awake, energetic business man. whose
native abilities and an experience OF more
than score of years afford him advantages
not generally possessed by men engaged in
his line of business. Mr.. Alsip is member
of the City Board of Education, the Board
of Trade, and is Secretary and Manager of
two loan associations which have loaned
out more than 81 100000 without a loss,
/ which fact alone speaks volumes for the
business qualifications of the subject OF
this sketch. Mr.. Alsip is citizen who Is
always among the first to support any
measure calculated to promote the welfare
of Sacramento or of the State