Sept. 14, 1898 – Hellman, Huntington syndicate buys LA Railway system, begins to piece together the PE & “Big Red Cars”
14 SEP 1898 – Dinkelspiel, Towers of Gold, p.185 – In 1898, I.W. Hellman heads a syndicate of San Francisco bankers which backs Henry Huntington in his $3.5 million purchase of the Los Angeles Railway System (the LARy). The LA Times at first incorrectly reports that the Southern Pacific had bought up the private urban … Read more