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RESOLUTION No. 1515
A RESOLUTION OF TIE CITY OF HUNTINGTON
BEACH IN SUPPORT OF THE SOUTHERN PACIFIC
COMPANY TO ACQUIRE CONTROL OF THE WEST-
ERN PACIFIC RAILWAY COMPANY THROUGH AC-
QUISITION OF ITS CAPITAL STOCK
WHEREAS, in Finance Docket Nos. 21314 and 21315, South-
ern Pacific Company proposes to acquire control, through
stock ownership, of The Western Pacific Railroad Company;and
WHEREAS, the control of The Western Pacific Railroad
Company by Southern Pacific Company will make possible the
planning and development of co-ordinated and consolidated
transportation operations between those two carriers and
such co-ordinations and consolidations will contribute to
more efficient and more economical transportation; and
WHEREAS, the City of Huntington Beach has an interest
in the development of improved rail transportation by reason
of the Southern Pacific Company's operations within Orange
County and the Pacific Electric Railway Company's lines
directly serving the City of Huntington Beach;
NOW,THEREFORE,BE IT RESOLVED, That the City of Hunting-
ton Beach supports and endorses the applications of Southern
Pacific Company to acquire control of The Western Pacific
Railroad Company, through stock ownership, and authorizes the
communication of this position to the Interstate Commerce
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Res. No, 1515
Commission and all interested state commissions; and
BE IT FURTHER RESOLVED, That the Mayor and City Clerk
are authorized and directed to take such steps as in their
judgment will implement and give full force and effect to
the position of the City of Huntington Beach in support of
the proposal of Southern Pacific Company to acquire control
of The Western Pacific Railroad Company.
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach' California, at a regular meeting thereof
held on the 18th day of September 1961.
Ma or
AT TE
City Cl
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Res. No. 1515
STATE OF CALIFORNIA }
) sa
COUNTY OF ORANGE )
I , PAUL C. JONES, the duly elected, qualified and acting City
Clerk of the City of Huntington Beach, and ex-officio Clerk
of the City Council of said City, do hereby certify that the
whole number of members of the City Council of the City of
Huntington Beach is five; that the foregoing resolution was
passed and adopted by the affirmative vote of more than a
majority of all the members of said City Council at a regular
meeting thereof held on the 180 day of September, 1961, by
the following vote:
AYES: Councilmen:
Lambert, Stewart, Waite
NOES: Councilmen:
Wells, Gisler
ABSENT: Councilmen:
None
City Clerk an x-of icio lerk of the
City Council of the City of Huntington
Beach, California
3.