Los Angeles herald., 1891-04-19
THE RAILROADS.
THE STRONG BACKING OF THE
BELT ELECTRIC ROAD.
tract with the Pacific Rolling Mill
Company-The Alton Boycott-Notes.

The Belt Electric street railway is
hard at work constructing its line. Some
people have seen fit to doubt the earnest
ness of the company's representations,
but the way it is spending money leaves
no doubt of its good backing. III any
still question its resources, the follow
ing list, which HERALD reporter came
across yesterday, and which represents
the officers, directors and shareholders,
will at once place it among the strongest
corporations in the country:
The officers and directors are as fol-
lows: M. H. Sherman, president and
promoter, Phoenix, Ariz.; William
Christy, Phoenix, Ariz. F. V. McDon-
aid, secretary, treasurer and promoter;
r. H. Pratt, vice-president; Samuel
Miller, B. o. Carr, r. III. Mcdonald, d.
S. Dorm, attorney, all of San Francisco;
A. w. Barrett, superintendent; j. M. G.
Marble, promoter; Perry Wildman, j.
A. Muir, all OF Los Angeles.
The following amount las been sub
scribed for and certificates of stock is
sued as follows: B. o. Carr, $500 shares,
manager Peoples Home Savings bank,
San Francisco; d. S. Dorm, 5000 shares,
director Peoples Home Savings
bank, San Francisco; M. A. Dorm,
300 shares, attorney, Peoples Home
Savings bank, San Francisco;
+. V. Mcdonald, $500 shares, director
Peoples Home Savings bank, cashier
Pacific bank, San Francisco; o. f.
Minor, 200 shares, director Peoples
Home Savings bank, secretary and di-
rector Pacific Savings bank, San Fran
cisco; f. d. Stadtmuller, 200 shares,
director Peoples Home Savings bank;
Isaac Upham, 200 shares, director Peo-
ple's Home Savings bank; G. Water
house, 200 shares, president Peoples
Home Savings bank, director Pacific
bank; Joseph Winterbourne, 200 shares,
director Peoples Home Savings bank
R. H. Mcdonald, 1000 shares, president
Pacific bank, San Francisco R. HI. Nc
Donald, jr., 500 shares, director Pacific
bank, San Francisco; w. G. Curtis, 200
shares, assistant to general manager
Southern Pacific company, San Fran
cisco; j. A. Fillmore, 200 shares, general
superintendent Southern Pacific railway
company, San Francisco; j. A. Muir.
2O00 shares, assistant division superin-
tendent Southern Pacific railway COM
pany, Los Angeles; R. H. Pratt,
$500 shares, assistant general su-
perintendent Southern Pacific rail-
way company, San Francisco; S.
B. Talbot, 5000 shares, fuel agent,
Southern Pacific railway company, San
Francisco; A. N. Towne, 200 shares,
general manager Southern Pacific all
way company, San Francisco; Samuel
Miller, 3210 shares, agent Yosemite
A II
Washburne, 1850 shares, manager Yo-
Fred Eaton, 200 shares, director Ma
G. T. Johnson, 5000 shares, director
National Bank OF California Los Angeles; !;
JIM. G. Marble, 5000 shares, president
National Bank Of California, Los An
geles; M. III. Sherman, $500 shares,
director National Bank of California,
Los Angeles; Perry Wildman, 200 shares,
assistant cashier, National Bank of Cali
ornia, Los Angeles; A. w. Barrett, util-
ity man and superintendent Los Angeles !;
G. F. Ainsworth, 5000 shares, with
Sherman, at Phoenix, Ariz.; Calvin
Brice, 5000 shares, United States SEN
ator elect, Ohio; p. J. Crinmings, 200
shares, political boss, San Francisco !;
T. j. Ross, 5000 shares, unknown; L. B.
Benchley, 1904 shares, manager Pacific
Rolling Mill company, San Francisco
Sheldon Borden, 200 shares, attorney
Pacific Rolling Mill company, Los An
geles.
The company on December 24th, last,
entered into contract with the Pacific
Rolling Mill company to build twenty
miles of single or ten miles of double
track, power houses, land to do tt e grading
and paving required by the franchises.
Besides this, the milling company is to
furnish all the equipment and machin-
cry, and is to receive for this the sum of
$675, 900. One-third of this is to be
paid in cash, and the balance in first
mortgage thousand-do lar bonds bearing
per cent, to be secured by trust
deed of all the real estate, franchises
and other property of the company.
The rolling mill company agrees to COM
plete the Second-street division by July
lst, and six miles OF double track of the
second division are to be done by Octo-
Der 1st.
The list OF the share holders, it will
be seen, contains the names of many
Southern Pacific officials. The interest
of the Southern Pacific company in the
cuLcTPTlSC 10 dl6O ohoWh w oHC PiCo-
ence Of clause in the contract provid-
ing that all freight shall be hauled by
the Southern Pacific company,
Altogether it will be seen that every
thing promises we'll for the success of
the enterprise. Mr.. William Alvord,
the president of the rolling mill COM
pany, who signs the contract, is a we'll
known banker of San Francisco, and
man of great wealth. There are clauses
in the contract not necessary to men
ton, which show that he has made a
good bargain, and will doubtless do
good work in return.
THE ALTON BOYCOTT.
There is a good deal of uncertainty
and no little hesitation about enforcing
the boycott ordered by the trunk lines
against the Chicago and Alton. An or
der to refuse to sell tickets via the
offending company's lines was issued on
Wednesday, says Fridays San Francisco
Chronicle, but rescinded fifteen minutes
later. Counsel was taken yesterday
with. legal authorities, and the result
has been to suspend the carrying out of
the order. j. G. Stubbs was questioned
Yesterday about the situation, which he
pronounces very delicate one. To sell
tickets via one line and to refuse to sell
them via another, he said, is discrim-
ination against the latter, according to
one authority. Others hold, however,
that the selling of tickets over any other
line than the Southern Pacific compa-