The San Francisco call., 1908-07-12


following good and sufficient
Ocean Shore bonds first mortgage against the
entire assets of the Ocean Shore Railway Company.
These assets consist of real estate the business
of San Francisco and Santa Cruz valued at over
100000
This real estate is constantly increasing in value and
when the road is completed will practically double.
The assets of the company include Al miles of railway
in actual operation railway that cost S500000O to
build
The Ocean Shore owns its own right of way from San
Francisco Santa Cruz This right of way is wide enough
for double track railway and extends from Twelfth and
Market Streets San Francisco for Is miles down the coast
to Santa Cruz.
The Ocean Shore has valuable franchises running out
of the heart of city of 100000 population to the county
line San Francisco also deep San Francisco
bay also up the beach nearly to the Cliff House the
west end of Golden Gate park and back almost to the
Ciutes.
The Ocean Shore Railway has terminal facilities in
San Francisco and Santa Cruz which of nestimable
value.
The Ocean Shore can load and unload freight at Mar
ket streean advantage other railroad this city has
Owners of the Ocean Shore Railway have invested
over 100000 of their money in this road.
This is unusual, for railroads in the United
States have been built entirely on bond sales the stock
holders receiving their stock bonus But the officers
and directors of the Ocean Shore Railway have paid real
money for their stock not of them receiving single
share a bonus.
The stock holders in the Ocean Shore Railway are well
known businessmen of San Francisco and they per-
sonaly responsible to the bond holders Among these
stock holders the following well known
President
c. moore, Director J Branden fein !. .Ramsder
i a Ss. s John N Ssss*l Ssss P Pss Heai ssr..rn.-
B. schwener. Abe sehweier
4 .l5ert @ sSFam. @ H slsasein
4 4 Il IL Bas Bese,n TS09 a % M"Ia9. ~ H. ef
This information should satisfy every prospective bond
purchaser the integrity of the company and the safety
of the investment.
Railroads developers Of the country and the
Ocean Shore is going through territory immensely rich
in natural resources.
Its passenger traffic is increasing every day
count of the scenic features, which unsurpassed any
where in the world.
This road skirts the ocean cliffs, going
tans and valleys but always sight of the
he passenger has scenic treat from the windows
and tourists visiting San Francisco who take this trip declare
it be the most beautiful scenic ride they have wit
messed
The freight possibilities immense For instance:
There 200 carloads of cabbages grown along the line
between San Francisco and Half Moon bay there are
carloads OF artchokes coming out of this section every
season
One Of the largest rock quarries in the west is
being established Rockaway Beach, from which 20 30
carloads of rock will be hauled to San Francisco daily
Immense deposits of the finest building sand at Faral
lone City and the company has spur track to this
deposit and is arranging to haul 20 carloads day
large brick industry is about to be built at this
point.
The Half Moon Bay section produces an enormous
quantity OF vegetables, and this business is going
the Ocean Shore.