The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-04

| possible margin of profit, and that if Cali
fornia could not pull herself out of the
! hole in ten years he was sorry for Califor-
mia. Nov L don't want to play the baby
| act, " said Mr.. Preston. 81 have never said
this before"
Eyes you have" said Governor Budd, in
quizzing tones. "You say it every chance
you get"
There was general laugh at this good
natured rally and the matter of Sutro's
amendment was considered at an end.
The Governor thought that the clause
compelling the road to proceed within six
months with the work of construction too
broad against the Valley road, and he had
it altered to read so that both parties were
properly protected.
During the meeting John D. Spreckels
had been quiet observer of all the pro-
ceedings, but up to this time had not said
a word. Whenever anything came up
which did not meet with his appreciation
he merely nodded to Attorney Preston
and the latter made the argument. Mr..
Spreckels, however, raised his back when
it came to the amount of work to be done
in a certain time. He objected to the
clause compelling the company to con-
struct 100 miles of road out of San Fran
cisco in five years. He asked that it be
changed to fifty miles in five years, and it
was so ordered after considerable debate.
mayor OulTO udQ dHOlAeT dIucHuIueuC 10
offer as soon as the afternoon session con-
vened, and in a moment everything was at
SKIES and sevens again. The Mayors
amendment read as follows:
1t is further agreed that the party of the
second part will not su blet any portion of the
premises hereby leased to any person or cor
poratiop, except for restaurant, mail, express,
telephone or telegraph, like facilities for
the public, and in furtherance of the business
of the said party of the second part as COM
mon carrier OF persons and freight.
eff that clause is inserted I shall refuse
to discuss it," said Attorney Preston. ~
will submit it to the directors without
comment"
~ shall insist that some clause be in
serted in the lease which will secure the
control of the stock" said the Mayor
You can't do that, Mayor" put in the
Governor. "You can't control the trans
fer of stock. Any attempt to do it would
make the lease null and void. have con-
sidered that original motion of yours, and
1 will tell you candidly that if it is insert
ed you will put the greatest weapon mag
Unable into the hands of Huntington,
whom you fear so much. You will give to
him the only opportunity he could be
given of killing the road by invalidating
the lease. Mr.. Huntington could get hold
of one share, and declare that he had it,
and the lease would be forfeited. Now
the author of the Barry law has drafted
this amendment''-an the Governor SUBJ
mitted the following:
1t is further agreed that if the party of the
second part shall enter into any combination
for the purpose of preventing or limiting COM
petition With any railroad corporation or indi-
vidual having railroad terminal facilities
upon or adjacent to the water front of the City
OF San Francisco, then this lease shall termi-
nate, and said devised premises, together with
all the improvements and appurtenances
thereon, shall revert to the State of California.
"Well, said the Mayor, 'there are four
of you in this board besides me. You can
sign the lease without me. have had the
opinions of several lawyers on nay amend
ment, and they say it is perfectly legal and
Just. | do not want to be considered for
one moment as opposing the road. On the
contrary am most heartily in favor of it,
but want a competing road. / will not
sign the lease. The rest of the board can
sign it.
Governor Budd quickly. I'VE want you
in it. We cannot afford to have it go
abroad that the Mayor of San Francisco
refused to grant terminal to competing
road for California. Will you sign the
lease if your original amendment is incor-
porated?"
Eyes" said the Mayor
''Will you take that amendment to your
board of directors, Mr.. Preston?" asked
the Governor
az WILL" replied Mr.. Preston, "but as
their attorney / shall advise them not to
7.That settles it," interjected Commits
sioner Cole in tone which clearly i'm
piled that it did not settle it.
Mayor" said the Governor, 81 will