The San Francisco call., 1908-07-19

This railway is exclusively San Francisco enter
prise controlled by San Francisco capitalists and the dis
aSter prevented these gentlemen from hnlSng their task
as soon contemplated
Many of them lost their incomes through the great
fire. others their business and it was necessary to conne
their to the reesabshent OF their San Fran
cisco interests The railway of course suffered
count of this and became necessary to offer bonds to
the public.
These bonds issued in denominations of 800 each
to enable men and women OF moderate means an oppor
tunity to purchase high grade security.
This is probably the first instance in American rail
ways where first mortgage bonds issued In denona
tons 800 each and sold to the public easy payments
Since the company began advertising Ocean Shore
bonds January over 550OO OF these bonds have been
purchased by the California public.
The sale of bonds has enabled the Company
to continue its road and each day shows added
receipts from passengers and freight business.
The CompanyS revenue IN June was double that
of any previous month. The revenue of July to
date is 500 IN excess of June.
Twenty thousand building lots have been sold along
the line of the Ocean Shore Railway and several hundred
houses have been built and buildings going up
daily.
Several small suburban cities have been established
and are increasing in population every month
There several industries along the line of the rail-
way which will pay freight revenues during the
coming year.
Between Halfmoon Bay and Santa Cruz is a wonder
fully resourceful territory extremely fertile and capable
of raising every form Of agricultural products.
This country has never been exploited or developed
tunity of marketing their products Such thing as
crop failure in this section is absolutely unknown.
Along the line of the Ocean Shore Railway
between Santa Cruz and Hafmoon Bay is body
of redwood timber estimated at over 2,0O0,0OO,
900 feet. This timber can only be hauled to
market the Ocean Shore Railway.
This timber alone is sufficient justification for the
building of the road.
There are oil deposits in Purissima Canyon below
Halfmoon Bay which, when properly developed will be
Of Vbo
opening up OF these oil fields will bring tremendous
enue to this railway.
rock quarry industry is now being established in
Rockaway Beach, which will yield the company sufficient
to almost pay the entire bonded Indebtedness of
the company.
To any one interested the tremendous possibilities of
this railway will be shown They varied and so
big and that impossible to mention them
all here
The Ocean Shore is selling its bonds direct to
the public IN denominations of 500 each for $93
The bonds that you pay $93 for will return you in
time to come $240
Those who purchase Ocean Shore bonds not only
safe investment for themselves, paying
usually high of interest they help to develop
railway system which will be benefit to California in
general and San Francisco in particular.
This railway will be of benefit to every citizen of San
Francisco. 1t will increase real estate values give
poyment to large numbers of men, will develop indus
tries; will increase the value of the land between San
Francisco and Santa Cruz and it will eventually settle
this entire territory with farmers and agriculturists
whose products will come and go through San Francisco
1t is big enterprise deserving the moral and fnan
cial support of our people, for people will
ceive the benefit.
Full information will be given prospective investors
upon request.
Those who wish to see the railway and study its pos
sibites invited to call upon the president who will
give them transportation that they may go over the
road and satisfy themselves to its ultimate success
A magazine, ocean Shore Breezes,' will be
sent free request
as1rrrar Ho