Show western pacific getting feeders on the coast san francisco oct 10 A railroad deal affecting this city and san joso and abo intervening peninsula has been perfected here L E hanchett Hanch etc haa bought for in cash tho santa clara railroad company lie has also purchased for the san jose santa clara railway company of the purchase price he has paid down in cash to bind the bargain the presumption s strong that is acting for tho western pa cefic people and that they intend to have an electric system south from thia city as a teeter for their main line the franchise for tae entire distance including the streets in asan jose is for an electric road for the handling of freight passengers and express the company has a stock issue of none of which has been old to outsiders and all of which vaa turned over to hanchett yesterday the franchise in question and the right of way bought across property are the two valuable assets which hanchett has bought |