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HomeMy WebLinkAboutPRR21264 Loomis - SL Water CoBert Loomis 235 Edgewood Drive Port Ludlow, WA 98365 bertl@cablesped.com 360-437-0901 RECEIVED October 29, 2021 NOV O1 2021 City of San Luis Obispo Christine Dietrick, City Attorney SLD C10' CLERK 900 Palm Street San Luis Obispo, CA 93401 Re: Loomis 164 Acre Property / 198 Shares of San Luis Water Company Stock Attorney Dietrick: The purpose of this letter is two -fold: Firstly, to verify the Chain of Title on property allegedly acquired by the City of San Luis Obispo on February 14, 1900. The property in question is the Albert M. Loomis Land Patent CACAA 109128 BLM 4845, T 30S, R 13E, S 30 (164 acres). August 28, 1873, my great-grandfather (Albert M. Loomis, his wife and son), homesteaded the subject property in compliance with the 1841 Preemption Act. July 30, 1874, he submitted a Land Patent Application. March 13, 1875, he paid a fee of $205. On June 30, 1880, the Land Patent was granted. My research team has been unable to verify the Chain of Title transferring property from the Albert M. Loomis Land Patent to the City of San Luis Obispo. Secondly, my great-grandfather was a founding member, director and the largest stockholder of the San Luis Water Company. The company was capitalized with $60,000 (600 capital stock shares). According to the July 14, 1875 minutes, Albert M. Loomis had 33% ownership with 198 shares, valued at $19,800 in 1875 dollars. My team has been unable to obtain any documentation from the water company minutes and/or the city indicating what happened to my great grandfather's 198 shares. This letter is a formal request for copies of all documentation, due diligence, etc. that the city relied upon before purchasing the San Luis Water Company — specifically, the verification of the legal property transfer of the Loomis 164 acres, and the status of the 198 shares of the Loomis capital stock in the water company. Sincerely, Albert (Bert) Loomis IV Enclosures Cc: Erica Stewart, Mayor Derek Johnson, City Manager BLM, Sacramento Robison, Sharp, Sullivan, and Brust