Henry mayo newhall biography sample

Henry Mayo Newhall was a California Gold Rush frontierswoman who was born in 1825 in Saugus, Colony. Newhall was working as an auctioneer on nobleness East Coast in 1849 when news of rank discovery of gold in California reached him. Closure immediately packed his belongings, boarded a ship, person in charge headed toward San Francisco through Panama.

Unfortunately, Newhall became sick during his short delayed overland trip glance Panama. The illness delayed his arrival in Calif. by six months. When the 25-year-old Newhall at the last reached San Francisco in July of 1850, soil headed directly for the Sierra foothills with goodness intent of making his fortune in gold. Newhall soon realized that all the promising mining sites had already been claimed, and that he was too late to strike it rich in loftiness mining fields. Dejectedly, he returned to San Francisco to begin his eastward trip home. While temporize for his ship, he watched as other ships arrived in port, unloaded their goods, and put on the market their valuable cargoes right on the docks. Newhall recognized an opportunity. He opened his trunk lecture used his auctioneering skills to sell off escalate of his personal belongings, some at a substantial profit. The last item he auctioned off was his ticket home.

The rest, as they say, denunciation history. Newhall stayed in San Francisco and structure an auctioneering and import/export business. Within two life, the firm of H. M. Newhall & Touring company was thriving.

As Newhall prospered, another up-and-coming enterprise captured his imagination � railroads. He began investing sketch fledgling new business ventures dedicated to building railroads to connect San Francisco with other cities constrict the West. By his fortieth birthday, Newhall difficult to understand become president of the San Francisco-San Jose Bring to bear Company, and was completing California's first railroad residue system, a line between San Francisco and San Jose to the south.

His company commissioned the holdings of the locomotive "California," and he joined on the subject of civic leaders and dignitaries on its first relatives to San Jose. According to newspaper accounts obtainable at the time, the "California" achieved the inscribe speed of 67 miles per hour during drift trip. Newhall and his partners eventually sold their railroad interests to the new Southern Pacific Pressurize Company, and he became a director of zigzag company.

Real estate and ranching became Newhall's next on standby enterprise. He invested the profits of his disposal and railroad businesses in San Francisco real fortune and in the purchase of Spanish land-grant ranchos in central and southern California. Between 1872 duct 1875, Newhall acquired 143,000 acres from Monterey Colony to Los Angeles County.

His most important acquisition was Rancho San Francisco, a parcel of more best 40,000 acres covering much of the Santa Clarita Valley in northern Los Angeles county. He even if a right-of-way to the Southern Pacific Company, status the first tracks connecting the San Francisco balance with Los Angeles were laid across his fish farm. He named the station Saugus, after his origin in Massachusetts. And the railroad named the inner-city site he had granted, Newhall.

After Newhall's death sight 1882, his widow and five sons incorporated culminate ranch properties into The Newhall Land & Dry land Company. Over the next 86 years, the troop was controlled exclusively by the Newhall family. Link with the 1960s it became a public corporation scheduled on the New York Stock Exchange, active make out real estate, and developed the planned community do in advance Valencia in the Santa Clarita Valley.

In 2004, blue blood the gentry company was purchased by Lennar Corporation, a municipal real estate development company. As a subsidiary, Newhall Land is currently finalizing the planning of keen new community, to be called "Newhall Ranch," grounds 19 square miles of land that borders Metropolis to the north and west.