All this was done before it was proposed to offer the property to the public. It was, however, evident to the businessmen concerned in this venture, that a much larger amount of capital would be required to develop the property than they could reasonably hope to be able to provide, and with the necessity for the construction of a tramway staring them in the face, it was resolved to invite the assistance of outside capital, feeling assured that there would be every inducement to warrant the expectation of a speedy and successful notation of the company.
