The morning call., 1895-02-15
S2,117,OOO

NTranO IOlal. al.-..........-.....-.s... SIJI1l ,OUO
The gentlemen who represented the
Stockton Commercial Association were as
follows: P. a. Buell. (chairman), D. S.
Rosenbaum, Sidney Newell and H. ].
Corcoran.
The general committee listened to few
Introductory remarks by Mr.. Buell., in
which he outlined the object of their visit
and then gave the visitors the same reply
given the Santa Clara delegation the day
previous-that the general committee was
not in a position to take action upon the
route of the road, and that the only course
open to the visitors was to return home,
perfect their plans and present them to the
board of directors of the road after that
body shall be elected.
Mr.. Buell., the chairman of the visiting
delegation, said after the meeting that
they had accomplished all that was pos
sible at present. eve have many claims
upon the attention of the projectors of this
road" said he, "hut the greatest of them
and the one which we propose to strongly
impress upon the minds of those gentle
men, is the freight traffic in and out of
Stockton, and the fact that it means a
large revenue to the road. The freight
business of 1894-the dullest by far in
many years by the way-showed an ave-
rage of ninety cars of freight in and out of
our city every day. This, mind you, was
by rail alone from and to the San Joaquin
Valley. Our commercial association is
prepared to guarantee rights of way
through the streets and ample terminal
facilities in the city. We are working on
a subscription list now, but I am not at
liberty to state just what success we have
met with. We will now return home and
come back at a date set by the general
committee.
Thomas Magee said yesterday that what.
ever charges Of silurianism may have been
truthfully applied to the business men of
San Francisco in the past, their action in
the present matter showed that when once
convinced of the feasibility of project ad-
vanced for the city's good they were not at
all backward in giving it their hearty sup
port.
"The propositions which have been COM
ing to US from the outside said he "have
in most instances had strings to them.
while every merchant and capitalist whom
Mr.. Spreckels, Mr.. Whittier and myself
visited has signed these lists without pro-
viding that this road shall start from San
Francisco, Oakland, Stockton or any other
point. They have invariably stated that
all they desired to know was that the CITY
should share in the benefits which would
accrue to the State, and we all feel proud
of this noble spirit, which betokens to our
minds the dawn of an era of business de-
velopment for San Francisco uneauaIed
in the city's history"
The articles of incorporation follow:
Articles of Incorporation of the San Francisco
and San Joaquin Valley Railway Company
Know all men by these presents That we citi-
zens of the United States and residents of the
State of California, have this day voluntarily
associated ourselves together for the purpose of
incorporating under the laws of the State of
California, and in the manner prescribed by
the Civil Code of said State, a corporation,
and we do hereby certify:
First-That the name of said corporation
shall be The San Francisco and San Joaquin
Valley Railway Company.
Second-That the purposes for which said
corporation is formed are: To purchase, con-
struct, maintain, operate and conduct rail
road OF standard gauge In the state OF CaI1for-
MIA, 10 be operated by steam, electricity OF any
other motive power, for the Carrying OF pas
senpers and freight thereon and thereover for
hire with all the necessary tracks, s1detracks,
spurtracks and equipments for the same; also,
to construct, purchase, own and MAINTAIN IN a
public or private electric telegraph ana tele-
nhone line or either of such lines, along the
1iue of said proposed railroad, win tne same
termini as said railroad, and to operate the
same and the business thereof and to lease
said telegraph and telephone lines, or either m oi
them, to other persons or individuals, or 70
contract with other persons or individuals
fo the construction, operation, and main
tenance thereof, or of either there
of, or for either such constTuctlon,
operation or maintenance of said telegraph
and telephone lines, or either of them; and to
buy, build, maintain, operate, run ana con
duct steam boats and ferry boats for the trans
portation of passengers and freight, and to
carry on general express business, in connec,,
ton with the operation of said railroad; ana
TO have and exercise such other powers d Any
railroad company may be allowed by law TO
exercise at present or in the future; with tuli
power 70 issue its stock in accordance with lts
bylaws of the State OF California; ana 70 DOT DOT
row money and issue bonds upon its road and !