Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1908-11-25


ing the Point Richmond Canal and
Land company, which is developing
the new city of Richmond, just across
the bay from San Francisco, is in
town and will remain the balance of
the week and possibly longer. Mr..
Mcpherson, who is we'll known here,
has written the following for the Be-
nanza:
The above named corporation was
formed by an old townsman of Tono-
pah, who is known to many as Henry
C. Cutting, who is the president, and
the main financial factor. The land
bought, which is now owned by the
company, is located between the old
towns of Point Richmond, Santa 'Fe
and Richmond, which were three
separate towns whose birth was given
by the Santa Fe railroad, having i
acquired a large tract of acreage and
water front at Point Richmond in
1901, thereby putting them on an
equal footing with the former trans
continental railroads advantages
formerly owned and controlled by
the Southern Pacific. Soon following
their advent to San Francisco bay,
the Standard Oil company, which had
recently acquired an almost unlimit-
ed acreage of oil producing land in
Kern county, California, wishing to
reach the great bay of San Francisco,
chose Point Richmond as the term
inal point of pipe line, which was
soon built at total cost of $4,000
900. Here it soon erected the third
largest refinery owned by that great
corporation, at an expense of be-
Rween $7,0O0,000 and $4,000 900,
(which Immediately gave employment
to over 1900 persons, and had a pay
roll of over 100000 per month. In
addition to refining, canning, boxing
and shipping the crude oil in great
quantities, they offered for sale I'M
tory and power purposes at a price SO
much cheaper than coal that large
factories of various kinds were soon
built. and many others were under
way The old Southern Pacific COM
pany, seeing the future certainty OF
a great manufacturing city at Point
Richmond, secured large tract OF
water front and fifty-seven acres OF
filled ground north of the holdings
of the Santa Fe and that owned by
the Standard Oil company. This land
they are reserving and contemplate
using as an exporting point, as does
the Santa Fe, for the future great
trade with the orient. Year by year
following 1901, the separate built VI
towns of Santa Fe, Point Richmond
and Richmond continued to grow TO-
ward each other with friendly
emulation, until just prior to the
great world catastrophe of fire ant
earthquake in April, 1906, they were
Incorporated together as the city O.
Richmond. Soon following this date
among other men of finance and pro
motors who were looking for sub
stantial investments, a new man II
the field of finance on San francisco
bay, who had recently acquired o.
made a great deal of money in thu
mines of Nevada and like his prede
cessors, Fair, Mackay, Flood, O'Briel
and Others, was looking for realty in
vestments. His attention was calle'
to the large tract of land which ha'
for long time been held at sloo
ner acre. and which laid between tn
former towns OF Point Richmond
Santa Fe and Richmond. This MAJ
was Henry c. Cutting of Tonopah
Nevada. Do you know him? wit
the same indomitable courage an
will power, foresight and judgmen
4 that caused him to rise from "a
laborer in the town of Tonopah to
man of wealth and finance, not onl
of Nevada but Of the Pacafic coas
he undertook the gigantic enterpris
Of reclaiming this large tract of Ian
and building canal 200 feet wild
and over a mile long with docks an
piers even more extensive than hs
ASan Francisco, and thirty feet deel
being sufficient to accommodate IN
largest sea going vessels that plyi
San Francisco bay, from all parts
the earth. This great canal has bee
fullv outlined and dug to depth
fifteen or twenty feet, but owing
having encountered hard pan at u
bottom, the deepening Is slow al
expensive, but to buyers its compl
ton is guaranteed within one YET
from November l. 1908. The san
Re and Southern Pacific are anxiou
" waiting to build a spur or belt III
from their depots on both siaes
4ha canal where various tactoIi