First Toll Bridge

Among the early business corporations of the Territory was the Albuquerque Bridge Company, incorporated by act of Legislature January 24, 1865, with a capital stock of 1,000 shares of $50 each.  The incorporators were well known:  Salvador Armijo, Thomas Gonzales, Manuel Garcia, William Van, R. H. Ewan, W. T. Strachan, Cristoval Armijo, and W. H. Henrie.  They were granted exclusive right to construct and maintain a toll bridge across Rio Grande at Albuquerque, toll not to exceed 5 cents for each person afoot, 10 cents for each person horseback, 25 cents for each buggy or one-horse carriage, 30 cents for vehicles drawn by two horses, etc., and 10 cents additional for each additional horse.[1]

[1] History of New Mexico:  Its Resources and People, Volume II, Los Angeles: Pacific States Publishing Co., 1907, p.1039.