LA&SL RR heir and $400 million mess ...
Author: Graham Buxton
Date: 06-17-2012 - 11:59

First off the full name of the railroad was the San Pedro, Los Angeles & Salt Lake Railroad, but that mouthful won't fit the subject line, and virtually no one would recognize "SPLA&SL".

This post is prompted by the news articles about the controversy surrounding the recent death and will of "copper heiress" Huguette Clark. More on that here:

http://media.kimatv.com/images/120617_copper_heiress_vertical.jpg
In this Aug. 11, 1930 file photo, Huguette Clark, daughter of the late copper magnate Sen. William A. Clark of Montana, is seen in Reno, Nev., after being granted a divorce. Image linked from KIMATV.com
Quote:
KIMATV.com
Her nurse was showered with almost $28 million in gifts, including three Manhattan apartments, two homes elsewhere and a $1.2 million Stradivarius violin. Her doctors' families received more than $3 million in presents. A night nurse received a salary plus money to cover her children's school tuition and to help buy two apartments.
Now the court-appointed official overseeing copper heiress Huguette Clark's estate wants all these gifts - and more - back.

Saying the recipients manipulated the reclusive multimillionaire into lavishing largesse upon them during her long life, public administrator Ethel J. Griffin is trying to reclaim a whopping $37 million for the $400 million estate.
[www.kimatv.com]

The reason this is relevant (I hope) to readers of this board is that her father (and the source of her estate) was U.S. Senator William A. Clark of Montana, also known by some as the "Copper King", and a railroad builder. One of his railroads was what is now largely UP's Salt Lake City to Los Angeles line.

Quote:
OnlineNevada.org
By the end of the nineteenth century, there was still no railroad linking the Great Basin's largest community, Salt Lake City, to the biggest metropolitan area in the southwestern United States, Los Angeles. Competition to build such a rail link pitted U.S. Senator William A. Clark of Montana against Edward H. Harriman, the owner of the Union Pacific. Clark wanted to send ore from his copper mines west, and Harriman sought to expand its already established railroad.
Harriman's Union Pacific made the first move in 1899, sending a series of short rail lines in Utah to Cedar City, near the Utah border with Nevada—about seventy miles east of the Las Vegas Valley. Clark entered the fray in 1900 by buying a small rail line, the Los Angeles Terminal Railroad. He renamed it the San Pedro, Los Angeles & Salt Lake Railroad.
Clark wanted to beat the Union Pacific's train, the Oregon Short Line, in the race to send a railroad through southern Nevada to Los Angeles. Both Clark and Union Pacific—each laying claim in court to holding the rights-of-way for their rail lines—began constructing grades for their rails in 1901. The rivalry resulted in at least one violent fight among the workers.

Full story:
[www.onlinenevada.org]

Senator William A. Clark was a hard driver. When he ran for office as a US Senator from Montana, there were allegations of bribery such that a Senate committee voted to block his admission. Clark did not let that stop him, however.

Quote:
Senate.gov
On May 15, 1900, as the Senate prepared to vote on Clark's right to retain his seat, the beleaguered senator rose to speak. Predictably, Clark complained about the procedures of the committee, the admissions and omissions of evidence, and the machinations of Marcus Daly. He contended that the Senate had lost sight of the principle of presumption of innocence and concluded that the committee had not shown that bribery sufficient to alter the election results had occurred. At the conclusion of his remarks, Clark, clearly aware that he did not have the necessary votes to keep his seat, resigned.
This did not conclude the Montana case, for on May 15 the acting governor of Montana immediately appointed Clark to fill the Senate vacancy. When the governor learned of this action on his return to the state three days later, he telegraphed the Senate that Martin Maginnis would fill the Clark vacancy. Credentials for both Clark and Maginnis were presented to the Senate, which ordered them to lie on the table.

In January 1901 a newly elected Montana legislature—in which most of the winning candidates had received financial support from William Clark—elected him to the Senate for the same term he had filled earlier. Marcus Daly had died in November 1900, and this time no charges of corruption were raised. On March 4, 1901, Clark appeared and was seated without objection.

[www.senate.gov]



Subject Written By Date/Time (PST)
  LA&SL RR heir and $400 million mess ... Graham Buxton 06-17-2012 - 11:59


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