Publisher's Synopsis
Excerpt from Final Financial Report, in Condensed Exhibition of All Construction Costs, Operating Receipts and Disbursements and Expenses of Liquidation and Site Restoration: Embracing the Transactions of Pre-Exposition Period, March 22, 1910, to Feb; 19, 1915; Exposition Period, February 20, 1915, to Dec; 4, 1915; Post-Exposition Period, Dec; 5, 1915, to Dec; 31, 1919
To the latter stockholders was paid in cash. To William H. Crocker, Trustee, was paid in the follow ing manner, to-wit: Cash, real estate of the value of which was deeded, at the direction of William H. Crocker, Trustee, by the panama-pacific International Exposition Company to the City and County of San Francisco. The trust authorized the Trustee to collect all dividends or distributive interest in the stock and apply the same in the acquisition, so far as the funds permitted, of those lands in the Exposition area commonly called the Marina Lands. In discharging this trust the Trustee acquired for the city, lands of the value of held by the Exposition Company. This amount was charged to his account as stockholder and assignee. The title of the land is now in the City and County of San Francisco, a municipal corporation, with a restriction that the same is to be devoted to public park purposes only.
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