[459] San Francisco Bulletin, July 18, 1893.

[460] Ibid., July 10, 1893. The stock was to be issued in the name of nine trustees, and was to be voted by these gentlemen. The trustees were to have the right to cause the consolidation of the proposed corporation with another company. Possibly the railroad project suffered somewhat from the fact that a plan existed for the construction of a ship canal up the San Joaquin Valley to Bakersfield. Fresno people were particularly interested in this scheme, which contemplated the connection of Fresno with the navigable part of the San Joaquin River at Crowe’s Landing, or some other convenient point. (San Francisco Examiner, June 3, June 5, 1894.)

[461] San Francisco Bulletin, September 27, 1894.

[462] San Francisco Examiner, January 18, 1895.

[463] San Francisco Examiner, February 9, 1895.

[464] Ibid., January 30, 1895.

[465] Statement of J. S. Leeds in the San Francisco Bulletin, October 1, 1894, and in the San Francisco Examiner, January 27, 1895.

[466] San Francisco Examiner, March 6, 1895.

[467] San Francisco Examiner, January 31, 1895. As a matter of fact, the bulk of the subscriptions came from a very few sources.

[468] San Francisco Bulletin, March 1, 1895.