Anon. Ocean Park and Venice Timeline (1890-1909), Web Document, 2005b, 1902
"Dudley sold his half interest in Ocean Park to Alexander Fraser, Henry Gage and George Merritt Jones.
"Sherman and Clark announced the formation of the Beach Land Company to develop the marshy land at Playa del Rey into a Venetian style beach resort. With the completion of the Los Angeles Pacific's electric trolley line in October hundreds began visiting the resort.
"To assure electric trolley service to Ocean Park from downtown Los Angeles, Kinney formed a partnership with Hook, the owner of the rival Los Angeles Traction Company. Although construction of the line started, Hook sold out to railroad interests who didn't want competition."