William Ferguson (Los Angeles)
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William Ferguson (Los Angeles)
William Ferguson (1822–1910) was a pioneer American settler of Los Angeles, California, after it became a part of the United States in 1847. He was an extensive property owner and a member of the Los Angeles Common Council, Common Council, the city's governing body. Ferguson was born in 1822, came West as a young man "and interested himself in mining," in which he prospered. He later established a Equestrian facility, livery business in the Los Angeles Plaza, old Plaza, then became a large investor in the Los Angeles Department of Water and Power, Los Angeles Water Company and finally "went into the real estate business." He was estimated to be a millionaire. In 1892–93 Ferguson was the complainant in an unsuccessful suit against the City of Los Angeles to halt the sale of Bond (finance), bonds that financed the purchase of the private Los Angeles Water Company, eventually turning it into a Public utility, municipal utility. He was on the first board of directors of the Union B ...
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Los Angeles Common Council
The Los Angeles Common Council was the predecessor of the Los Angeles, California, City Council. It was formed in 1850 under state law, when the city had only 1,610 residents, and it existed until 1889, when the city had about 50,400 residents and a city charter was put into effect. From 1850 through 1869, council members were elected at large under a first-past-the-post voting system, in which the top vote-getters were seated. From 1870 they were elected by electoral districts called wards. History The Los Angeles Common Council was created in 1850 as the city of Los Angeles grew from a remote town of 5,000 residents to a city of 15,000 residents. Between its creation in 1850 to 1858, the council had 7 seats and for two years after had 10 seats drawn by lots. From 1870 to 1889, the council had a ward system with three (until 1877) and five (1877 onwards) seats. The Council had various responsibilities for governing the city, including the responsibility of governing the scho ...
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Equestrian Facility
An equestrian facility is created and maintained for the purpose of accommodating, training or competing equids, especially horses. Based on their use, they may be known as a barn, stables, or riding hall and may include commercial operations described by terms such as a boarding stable, livery yard, or livery stable. Larger facilities may be called equestrian centers and co-located with complementary services such as a riding school, farriers, vets, tack shops, or equipment repair. Horse accommodation Horses are often kept inside buildings known as barns or stables, which provide shelter for the animals. These buildings are normally subdivided to provide a separate stall or box for each horse, which prevents horses injuring each other, separates horses of different genders, allows for individual care regimens such as restricted or special feeding, and makes handling easier. The design of stables can vary widely, based on climate, building materials, historical period, and cult ...
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Los Angeles Plaza
Los Angeles Plaza or Plaza de Los Ángeles is located in Los Angeles, California. It is the central point of the Los Angeles Plaza Historic District. When Governor Felipe de Neve founded the Pueblo de Los Ángeles, his first act was to locate a plaza for the geographical center from which his town should radiate. De Neve's plaza was rectangular in form—75 varas wide by 100 in length. It was located north of the church; its southerly line very nearly coincided with the northerly line of West Marchessault street. On this, the ''cuartel'' (guard house), the public granary, the government house and the ''capilla'' (chapel), fronted. It is located just north of the original village site of Yaanga, which was used as a reference point in the construction of the plaza. 18th century plaza The 18th century ''plaza vieja'' (old plaza) predates the 19th century ''plaza nueva''. The old plaza of El Pueblo de Nuestra Señora, La Reina de Los Angeles (the town of our Lady, the Queen of the An ...
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Los Angeles Department Of Water And Power
The Los Angeles Department of Water and Power (LADWP) is the largest municipal utility in the United States with 8,100 megawatts of electric generating capacity (2021-2022) and delivering an average of 435 million gallons of water per day to more than four million residents and local businesses in the City of Los Angeles. It was founded in 1902 to supply water to residents and businesses in the Los Angeles and surrounding communities. In 1917, it began to deliver electricity to portions of the city. It has been involved in a number of controversies and media portrayals over the years, including the 1928 St. Francis Dam failure and the books ''Water and Power'' and ''Cadillac Desert''. History Private operators By the middle of the 19th century, Los Angeles's rapid population growth magnified problems with the city's water distribution system. At that time, a system of open, often polluted ditches, was reasonably effective at supplying water for agricultural production but was n ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ...
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Millionaire
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country. Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is obviously much easier and less significant to be a millionaire in those currencies, thus a millionaire (in the local currency) in Hong Kong or Taiwan, for example, may be merely averagely wealthy, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, Euro, o ...
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Bond (finance)
In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and stocks are both securities, but the major difference between the two is that (capital) stockholders have an equity stake in a company (i.e. they are owners), whereas bondholders have a creditor stake in a company (i.e. they are lenders). As creditors, bondholders have priority over stockholders. This means they will be repaid in advance of stockholders, but will rank behind s ...
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Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ...
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Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Arroyo Seco Parkway
The Arroyo Seco Parkway, also known as the Pasadena Freeway, is one of the oldest freeways built in the United States. It connects Los Angeles with Pasadena alongside the Arroyo Seco seasonal river. It is notable not only for being an early freeway, mostly opened in 1940, but for representing the transitional phase between early parkways and modern freeways. It conformed to modern standards when it was built, but is now regarded as a narrow, outdated roadway. A 1953 extension brought the south end to the Four Level Interchange in downtown Los Angeles and a connection with the rest of the freeway system. The road remains largely as it was on opening day, though the plants in its median have given way to a steel guard rail, and most recently to concrete barriers, and it now carries the designation State Route 110, not historic U.S. Route 66. Between 1954 and 2010, it was officially designated the Pasadena Freeway. In 2010, as part of plans to revitalize its scenic value and ...
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Elysian Park
Elysian Park is one of the largest parks in Los Angeles at 600 acres (240 ha). Most of Elysian Park falls in the neighborhood of the same name, but a small portion of the park falls in Echo Park. The park was created by city ordinance on April 5, 1886. City engineer George Hansen sponsored the ordinance. The land was considered "worthless" at the time. At the time, only a few other parks existed within the Los Angeles city limits. For some time the land sat unimproved, but eventually roads, trails, and landscaping was added. Parts of Elysian Park were swapped for other lands held by the Los Angeles Dodgers when Dodger Stadium was built. Notable features Angels Point is a small hill in Elysian Park overlooking Dodger Stadium and the Downtown Los Angeles Skyline. Atop the hill is a large metal sculpture art installation by local artist Peter Shire of the 1980s postmodern Memphis Group. Chavez Ravine Arboretum, opened in 1893 and contains more than 100 varieties of trees from a ...
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Cahuenga Oil Company
Cahuenga may refer to: * Campo de Cahuenga, California * Cahuenga, California * Cahuenga Boulevard, California * Cahuenga Branch, California * Cahuenga Pass, California * Cahuenga Peak, California * Rancho Cahuenga Rancho Cahuenga was a Mexican land grant in the San Fernando Valley, in present-day Los Angeles County, California given in 1843 by governor Manuel Micheltorena to José Miguel Triunfo. Rancho Cahuenga is now a part of the city of Burbank, with ...
, California {{place name disambiguation ...
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