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Alvinza Hayward (1821 – February 14, 1904) was an American mine-owner, capitalist, businessman, and financier. He was a well-known gold mining millionaire who made his fortune during the California Gold Rush. [1] He lived in the San Francisco Bay Area.
William Bowers Bourn II (31 May 1857 – 5 July 1936) was an American entrepreneur and socialite.Bourn ran and controlled the Empire Mine and the San Francisco Gas Company, he was an investor in Spring Valley Water Company, and he led a merger to what later became Pacific Gas and Electric Company.
In 1858, the sheriff sold the company to Edward McLaughlin to settle an $8,000 judgement. In Feb. 1860, it was purchased for $15,000 by the owners of the North Star Group, which became the North Star Quartz Mining Co. in 1861. The North Star Gold Mining co. was incorporated in 1867. The mine shut down in 1875 after reaching a depth of 1,200 feet.
Trained in engineering, he first built roadways servicing gold and silver mines. His early successes allowed him to buy a seat on the San Francisco Stock Exchange, during which time he joined the ranks of the rich and powerful, including George Hearst, Leland Stanford and Charles Crocker. [1] [2] [3] [4]
George Hearst (September 3, 1820 – February 28, 1891) was an American businessman, politician, and patriarch of the Hearst business dynasty.After growing up on a small farm in Missouri, he founded many mining operations, and is known for developing and expanding the Homestake Mine in the late 1870s in the Black Hills of South Dakota.
Gold was first discovered in this town in 1850. The area under the town was so rich in gold that they moved the town to get to the gold. [3] Marysville was a transportation hub for gold to be shipped out to San Francisco. Millions of dollars in gold came through Marysville, one of the biggest cities in California at the time. [11]
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Yet he owned the only store between San Francisco and the gold fields — a fact he capitalized on by buying up all the picks, shovels and pans he could find, and then running up and down the streets of San Francisco, shouting 'Gold! Gold on the American River!' He purchased pans for 20 cents each and resold them for $15 each.