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Neighborhood Spotlight: Oil and the sea built Wilmington's future [Los Angeles Times (CA)]

CORELOGIC (CLGX) 
Last corelogic earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.corelogic.com/node/668
Neighborhood Spotlight: Oil and the sea built Wilmington's future In 1861, the port city of Wilmington — then called New San Pedro — became the West Coast headquarters of the Union Army for the duration of the Civil War. New San Pedro had been founded just three years earlier, when transportation magnate Phineas Banning built a wharf and cargo facilities at the sheltered northern end of San Pedro Bay. After writing President Lincoln with his concerns about Southern sympathizers in the region, Banning donated some land north of the port, where the Army built Camp Drum and directed military operations in California and Arizona. The transnational telegraph network extended to the city in 1862, speeding communication between the camp and the military brass in Washington, D.C. The following year New San Pedro was renamed Wilmington, in honor of Banning’s Delaware birthplace. With the war’s end, the focus of the city turned once again to commerce. In order to connect the port with the rapid Show less Read more
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