Schwab, California

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In December of 1906, as the Echo-Lee District was beginning to swing into its real boom stage, a new townsite was started on the Echo side of the district to serve the many mines which were beginning to operate in the vicinity. In a fit a grandeur, the townsite was named Schwab, after the well-known steel and mining magnate, who had peripheral interests in the Echo-Lee District. The townsite was promoted by the Schwab Townsite Company, which was incorporated in Nevada on December 31st, and was financed by S. H. Black, J. C. Houtz and J. E. Cram. The company's treasury for promotion and site improvement was $30,000, and was fully paid in advance by the three principles, making Schwab a closed corporation.

Read more about Schwab here:
www.nps.gov/parkhistory/online_books/deva/section4b7.ht...

deathvalleyjim.com/schwab-death-valley-national-park/