California's first official railroad didn't reach one-fifth of its original plans
SACRAMENTO, Calif. (KTXL) — When Charles Lincoln Wilson filed to incorporate the first railroad west of the Mississippi, he may have seen a hint of...
SACRAMENTO, Calif. (KTXL) — When Charles Lincoln Wilson filed to incorporate the first railroad west of the Mississippi, he may have seen a hint of what the Sacramento Valley Railroad would mean for the future of rail travel. The main difference in an incorporated and unincorporated is the way the business owner's responsibilities in the businesses activities. In the event that the business defaults on its loans, the payment for the debt must come from the business if its incorporated while the business owner could be responsible in an unincorporated business.