Premise: On 15 May of that year, railroad officials from the San Pedro, Los Angeles, and Salt Lake Railroad stood at the intersection of Main and Fremont streets (where the Plaza Hotel now stands) and auctioned 1200 lots of railroad land mapped from 40 square blocks of desert dust.

Hypothesis: The companies had been experiencing financial issues and had to divest their holdings in order to stay afloat.
Relation: neutral