Founding
James Douglas was a former professor of chemistry working for William E. Dodge, Jr. and Daniel Willis James, majority co-owners of the Phelps, Dodge Corporation. Phelps, Dodge was entering the copper mining industry, and had hired Douglas to make an inspection of mining claims in the Southwestern United States. Douglas suggested that the two men invest in the Detroit Copper Mining Company of Arizona, which owned a copper mining claim in Warren, Arizona. In 1881, Phelps, Dodge not only took a controlling interest in the Detroit Copper Mining Company but also purchased a minority interest in the adjoining Copper Queen Mine in Bisbee, Arizona. After the Copper Queen and Detroit Copper both struck the Atlanta lode in 1884, Phelps, Dodge bought out the remaining interest in the Copper Queen. The company merged its various mining interests into the Copper Queen Consolidated Mining Company in 1885, and installed Douglas as president and part-owner.
With production in the Bisbee expanding, Douglas formed the Arizona and South Eastern Railroad in 1888. The railroad ran on a short spur of track from Bisbee to Fairbank, Arizona, where it met the Atchison, Topeka and Santa Fe Railway. Shortly thereafter the line was extended to Benson, Arizona, to connect with the Southern Pacific Railroad. Copper Queen Consolidated built a new smelter at the newly built town of Douglas, Arizona (named for James Douglas), to which the railroad was extended again. The line was renamed the El Paso and Southwestern Railroad on June 25, 1901, to reflect its larger scope (even though it did not yet extend to El Paso, Texas).
Read more about this topic: El Paso And Southwestern Railroad
Famous quotes containing the word founding:
“The responsible business men of this country put their shoulders to the wheel. It is in response to this universal demand that we are founding today, All-American Airways.”
—John Dos Passos (1896–1970)
“The Founding Fathers in their wisdom decided that children were an unnatural strain on parents. So they provided jails called schools, equipped with tortures called an education. School is where you go between when your parents can’t take you and industry can’t take you.”
—John Updike (b. 1932)
“... there is no way of measuring the damage to a society when a whole texture of humanity is kept from realizing its own power, when the woman architect who might have reinvented our cities sits barely literate in a semilegal sweatshop on the Texas- Mexican border, when women who should be founding colleges must work their entire lives as domestics ...”
—Adrienne Rich (b. 1929)