South Omaha Land Company
Encyclopedia
The South Omaha Land Company was created in South Omaha, Nebraska
in 1887. Founders included William A. Paxton
.
paid $100,000 to the South Omaha Land Company for 156.5 acre (0.63333359 km²) of land to serve as a transfer station en route to Chicago. In March 1887, two men named McShane and J. H. Bosler bought out the South Omaha Land Syndicate, immediately forming the South Omaha Land Company with William A. Paxton as president, Bosler as vice-president, Iler as secretary, John A. Creighton
as treasure, and Messrs Paxton, Bosler, Iler, Creighton, McShane, Smith, Kountze, Nelson Morris and J. M. Woolworth as directors. A million dollars in stock was soon made available, and the South Omaha Land Syndicate's were paid off, as well
s. In 1892, the Company built a seven-foot fence around the property, effectively closing off the park to public use. After battles with residents, the Company sold part of the land for building lots, but agreed to keep a portion open for the public. After South Omaha was annexed by the City of Omaha in 1917, the area became known as Spring Lake Park.
South Omaha, Nebraska
South Omaha, Nebraska is a former city and current district of Omaha, Nebraska. During its initial development phase the town's nickname was "The Magic City" because of the seemingly overnight growth due to the rapid development of the Union Stockyards. Annexed by the City of Omaha in 1915, the...
in 1887. Founders included William A. Paxton
William A. Paxton
William A. Paxton was an American pioneer businessman and politician in Omaha, Nebraska. His life as a rancher and cattleman early in his life, as well as early work with the Union Pacific Railroad was highly regarded among his contemporaries; his success as a businessman later in his life led him...
.
History
The Union Stock Yards Company of OmahaUnion Stock Yards Company of Omaha
The South Omaha Terminal Railway in Omaha, Nebraska was a subsidiary of the Union Stock Yards Company of Omaha. Until the separate railroad company was created in July 1927, the trackage, about , was owned and operated directly by the Union Stock Yards Company of Omaha...
paid $100,000 to the South Omaha Land Company for 156.5 acre (0.63333359 km²) of land to serve as a transfer station en route to Chicago. In March 1887, two men named McShane and J. H. Bosler bought out the South Omaha Land Syndicate, immediately forming the South Omaha Land Company with William A. Paxton as president, Bosler as vice-president, Iler as secretary, John A. Creighton
John A. Creighton
Count John A. Creighton was a pioneer businessman and philanthropist in Omaha, Nebraska who founded Creighton University...
as treasure, and Messrs Paxton, Bosler, Iler, Creighton, McShane, Smith, Kountze, Nelson Morris and J. M. Woolworth as directors. A million dollars in stock was soon made available, and the South Omaha Land Syndicate's were paid off, as well
Syndicate Park
In 1887 the South Omaha Land Company developed the land that would become known as Syndicate Park in South Omaha. At the time they spent about $30,000 for improvements, including payment for landscape architectLandscape architect
A landscape architect is a person involved in the planning, design and sometimes direction of a landscape, garden, or distinct space. The professional practice is known as landscape architecture....
s. In 1892, the Company built a seven-foot fence around the property, effectively closing off the park to public use. After battles with residents, the Company sold part of the land for building lots, but agreed to keep a portion open for the public. After South Omaha was annexed by the City of Omaha in 1917, the area became known as Spring Lake Park.