Los Angeles herald., 1910-09-08
SIP. MAY BUY OUT
H. {. HUNTINGTON
Rumor That Financier viii Retire
January | and Sell Big
Redondo Holdings
DEAL REPORTED IN PROGRESS
Purchases Contemplated Would
Give R. R. Ownership of
All Suburban Lines

REDONDO BEACH, Sept THAT
the Southern Pacific will purchase the
Huntington holdings in this city, to-
gether with the water front and the
Los Angeles & Redondo railway, fol-
lowing the retirement of Henry E.
Huntington, which is reported to take
place January l, is the current report
here.
The fact that the Huntington in
terests have withdrawn from the mar
ket their real property holdings has a
significant bearing on the report.
A report emanating from railraod
circles in Los Angeles is authority for
the statement that the Southern Pa
cific will also take over the Pacific
Electric system on the same date, the
controlling interest which has been
held by the Hartman interests for the
last year.
As the Southern Pacific already owns
outright the Los Angeles-Paciftc sys-
tenn, the absorbing of the Pacific Elec-
trio and the Los Angeles & Redondo
would give it ownership of all
suburban lines in Los Angeles county.
The Los Angeles railway, it is stated,
will be turned over to Howard h.
Huntington together with the con
trolling interest in the Pacific Light
and Power company.
BY the terms of an agreement which
was made prior to e. H. Hartman
death and which provided the Southern
Pacific and the Santa Fe would have
free and unlimited use of either COM
panys terminals, the Southern Pacific
had an entrance to this harbor over
the Santa Fe's line, but by the pur-
chase of the water front it will control
absolutely shipping interests here.
BIG PLANS RUMORED
With the purchase of the Los An
geles & Redondo road it will here
after be known as the Pacific Electric
and will be linked with that system at
q point near Watts to join the four
track division. All cars will then be
run into the Sixth and Main street sta
ton, which will be remodeled, thereby
giving nearly double the space for
waiting room purposes. The Watts
cutoff will be made at Hawthorne on
the IngleWood division and will run in
an air line from Strawberry Park, from
which point the Gardena division will
cut across to join the Pacific Electric
lines. The traffic from Hawthorne and
strawberry Park will thereafter be
cared for by the yellow cars of the
Los Angeles railway.
Such is the reported program for the
invasion of the suburban electric sys-
TENS of the south by the Southern Pa
cific company.
C. H. Burnett, manager Of the Los
Angeles & Redondo railway at this
place, stated that he did not care to
discuss the matter. AS the railroad pol
icy Is to withhold all matters pertain
ing to business 1t is not probable that
official confirmation Of the story is OBJ
tainable, but circumstances bear out
many of the unofficial reports.
The Huntington interests here include
the Los Angeles & Redondo electric
rainway, the entire waterfront with
three commercial wharves, pavilion and
bath house buildings, together with nu-
merous other amusement concerns;
fton-by-the-Sea, residence sub
urb laid out by Mr.. Huntington at an
expense of $400,0 the water company,
car barns and car factory and several
hundred business and residence lots.