Franklin V. Spooner, Robert R. Pardow and John C. Rued, Purchasers, and the Western Pacific Railroad Company : Agreement, Dated, 1916 (Classic Reprint)

Historical agreement from 1916 details a complex transfer of railways, franchises, and property to a single grantee.

This nonfiction document captures the legal framework of a major railroad sale, including how deeds, titles, and liabilities are handled in a foreclosure context.

The text shows the scope of the conveyance, from the main line running from San Francisco to Salt Lake City to the many supporting lines, terminals, and equipment. It also outlines the rights of the purchasers, the grantee, and various trustees, and explains how taxes, existing debts, and prior obligations are treated as part of the purchase.

• How the conveyance is structured and who signs or seals each instrument
• Which routes and pieces of property are included in the sale
• How liabilities and outstanding debts are assumed or credited against the purchase price
• The timeline and conditions for electing to assume leases or contracts tied to the property

Ideal for readers with an interest in early 20th‑century railroad law, corporate trusteeship, and the mechanics of large asset sales.