5968

Placerville & Sacramento Valley Railroad Company Letter (60455)

Currency:USD Category:Collectibles / Railroadiana, Trains Start Price:30.00 USD Estimated At:60.00 - 120.00 USD
Placerville & Sacramento Valley Railroad Company Letter  (60455)
SOLD
30.00USDto N*******n+ buyer's premium (7.50)
This item SOLD at 2019 Jan 28 @ 14:38UTC-8 : PST/AKDT
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Letter and cover on stationery for the Supt's Office of the P & S. V. R. R. Trust (Placerville & Sacramento Valley Rail Road). Dateline Shingle Springs, Cal., May 28th, 1869. Addressed to the conductor of the California Pacific Rail Road. Asking him to transport president G.W. Swan. Signed by the supt. 8 x 5" The California Pacific Rail Road operated from Sacramento to Vallejo. It later became part of Central Pacific. The Placerville & Sacramento Valley Railroad was incorporated in 1862. Construction began in 1863 from Folsom junction of Sacramento Valley Railroad towards Placerville. Competed with the Central Pacific Railroad in the mid and late 1860s to be the first railroad to cross the Sierra and reach the mines on the Comstock. Reached Shingle Springs in 1865. In an effort to make sure they were no beaten across the Sierra, the Central Pacific RR purchased the Sacramento Valley Railroad and halted further progress. The 26.2-mile P&SVRR (Folsom Junction to Shingle Springs) had operated as its own company from August 1864 to July 21, 1871. But the mortgage on the property of the P&SVRR was foreclosed on May 21, 1869 and sold to William Alvord. On July 21, 1871, title was conveyed to Alvord who, on the same day conveyed the title to Huntington, Stanford, and Hopkins. They later formed the Sacramento & Placerville Railroad, incorporated April 19, 1877, and by deed of sale dated May 28, 1877, transferred the property of the P&SVRR into the new S&PRR corporation. State: California City: Shingle Springs Date: 1869