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hubert howe bancroft - Central Pacific Railroad Photographic History ...

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BUILDING. 753<br />

974 costing $6,700,000 in 1888. Among those completed<br />

or in course of completion were the First<br />

National bank, the Rosenthal building, the Huntington-Hopkins<br />

company's building, the Chronicle<br />

building, the Catholic cathedral, the Odd Fellows'<br />

hall, the Academy of Sciences, the Lick free baths,<br />

the Old People's home, the Concordia club, the<br />

Cooper Medical college, the Hibernia bank, and the<br />

Superior court building. 18 For the site of a new post-<br />

19 For others see S. F. Chronicle, Dec. 29, 1889.<br />

One of the largest land-owners on this coast is Dr E. B. Perrin, who came<br />

to this state in 1868 with a view to practise medicine. Visiting the Alabama<br />

settlement in Fresno co., he became interested in the irrigation question, and<br />

soon afterward, with the aid of the bank of Cal., began the construction of<br />

the upper San Joaquin canal, acquiring other valuable water rights, including<br />

those of the Fresno canal co. In conjunction with others he also acquired<br />

large tracts of land in various portions of the state and in southern Arizona.<br />

Among them is the Mammoth ranch of 60,000 acres in Fresno co., all of it<br />

suitable for vineyards.<br />

Another successful real estate operator is Mark Sheldon, a native of N. Y.<br />

state, where he was born on what was known as the Dry Hill farm, near<br />

Watertown, Nov. 21, 1829. Coming to this state in 1851, after the usual<br />

mining experience, he established himself in business, first in Plumas co. and<br />

then in 8. F. In the summer of 1861 he went to Virginia City, where his<br />

mining ventures were remarkably successful. After passing a few years in<br />

the eastern states, he returned to this coast and engaged largely in real estate<br />

operations, making such costly improvements as the well-known Sheldon<br />

block, on Market and First streets, one of the most commodious and substantial<br />

in the city.<br />

A prominent real estate owner of Los Angeles, and in business matters<br />

one of the most successful, is Mark G. Jones, a native of San Francisco,<br />

where he was born in 1858, removing with hia family to Los Angeles when<br />

twelve or thirteen years of age. The estate intrusted to him by his father<br />

he has largely increased by investments in city property, building recently<br />

on Main street a five-story edifice with 500 rooms.<br />

Amoog those to whom is largely due the prosperity of southern Cal. was<br />

Phineas Banning, born near Wilmington, Del., Aug. 19, 1830, and who came<br />

to this state in 1852. A few years afterward he founded the town of Wilmington,<br />

Cal., erected warehouses, opened a lumber-yard, and built lighters<br />

and steamboats to facilitate its commerce, later establishing a stage line between<br />

that town, Los Angeles, and San Bernardino. In 1865 he was elected<br />

state senator, and through his exertions the city and co. of Los Angeles were<br />

authorized to vote $225,000 for a railroad from that city to Wilmington. He<br />

was an able and progressive man.<br />

Another prominent citizen of southern Cal. is Henry Harrison Markham, a<br />

native of Essex co., N. H., where he was born Nov. 14, 1840. After serving<br />

with distinction almost throughout the civil war, at the close of which he<br />

held the rank of colonel, aud then becoming prominent as an admiralty lawyer<br />

in Milwaukee and other cities, he came to Cal. for his health in 1879,<br />

settling himself at Pasadena. The fortune which he brought with him to this<br />

state be increased largely by mining and real estate investments. He became<br />

a director of the Los Angeles National bank, and was one of those who organized<br />

the Los Angeles Furniture co. In 1884 he was elected congressman<br />

on the republican ticket, and largely through his effortB liberal appropriations<br />

were secured for the harbors of the <strong>Pacific</strong> coast.<br />

HIST. CAL., VOL. VIL 48

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