Los Angeles herald., 1909-11-30
GOULD INTERESTS
MAY BUY MALlBU
RAILROAD SAID TO BE ON
POINT OF SALE
WOULD FORM LINK IN GREAT
WESTERN SYSTEM
Short Line on Isolated Ranch May
Be Taken Into Road from
Los Angeles to San
Francisco
fsneclal to The Herald.1

SANTA MONICA, Nov. 29.-The re-
cent visit to the Malibu ranch of two
men, who, it was learned today, were
representatives of the Gould interests
has been followed by the announce
ment from an authoritative source that
plans are on foot which will culmi-
nate in the sale of the Huneme, Mali
bu & Port Los Angeles railroad to
Gould. The visitors made a trip of
inspection over the railroad and were
entertained at the Rindge ranch house
on the Malibu.
r. C. Gillis, who procured the title
TO the Los ngeles-Pacific railroad for
Hartman, and who is known through
out the west as among the shreWdest
Of railroad brokers, is said to have his
eye on the Malibu railroad as a means
of speculation. He is now In the east
arranging for the financing of the road,
according TO Santa Monican well
Versed in railroad affairs
While the Gould men were here IL
was given out by the officials of the
Malibu road that for certain reasons
the company would have to procure
funds before February Is, 1870 for
continuing the construction of the
road.
1t is said that franchise held by
the company requires the construc-
tion work to progress more repidly
than 1t has in the past and the sixteen
miles of right-of-way interVenes be-
tween the present northern terminus
of the Malibu road and Hueneme, six
miles from OXnard on the Southern
Pacific, will be covered with rails as
rapidly as they can be placed.
Right of Way Bought
Surveying parties for the Gould sys-
tenn are known to have been showing
considerable activity In the territory
south of San Francisco along the coast
as far as Ventura and Oxnard, ami
much of the necessary right of way to
enter Los Angeles is said alreauy to
have been quietly purchased. This,
together with the terminal yards al
already provided for in Los Angeles
near the Baker Iron works, gives the
Gould interests practically a complete
route along the coast with the excep-
tion Of the gap between Ventura and
Los Angeles, about rs miles via the
Southern Pacific. The distance be-
tween Los Angeles and Ventura by
way of the coast is much less, and the
grade, according to surveys, is reduced
to minimum.
The Mallbu railroad is now practi-
cally 20 miles in length From the ter
minus of the Los Angeles-Pac at
the long wharf, it is about eight miles
TO the southern terminus of the Mali
bu road near Carbon canyon. The
available route for this distance for
railroad purposes is owned by the Los
Angeles~Pacific, but no steps have been
taken recently tending to show that
the company means to construct an
extension to the present system. as
has been rumored. At present the
tracks of the Malibu road lie almost
entirely in the borders of the Malibu
ranch.
Independent Survey Made
1t is thought here that If Hartman
interests. or the Los Angeles-Pacific
in particular, expected to take over
control of the Malibu railroad, 1t
would have been done long before
this. as there has for years been much |
pressure brought to bear on the own
ers of the latter road to force it's sale. |
1t is confidently expected in railroad |
circles to see the Malibu road in the !
control OF the Gould interests within |
the next few months.
An Independent survey for a railroad |
is being made from Los Angeles to
the beach via the foothills back of |
Sherman and down through the Santa |
Monica canyon. This survey viii meet
the ocean at a point slightly south of |
the long wharf The survey is said to |
be made for Gould. but It is vet a
matter for conjecture. The eight-mle !
stretch owned by the Los Angeles-Pa- |
ciic from there to the north could |
easily be paralleled by a line construct |
ed along the beach. in case it can not |
be purchased by the Gould interests, |
according to local railroad men. l