Word: tejon
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Dates: during 2000-2009
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...slip and the ground rumbles with the release of friction. Geologists have found evidence of earthquakes in California that go back thousands of years, although the first strong, documented earthquake occurred in Los Angeles in 1769. A violent earthquake in the 7.9 range toppled trees and buildings around Fort Tejon - a mountainside Army base - in 1857. As severe as the quake was, the state was so sparsely populated at the time that only two people died. The Santa Cruz Mountains and surrounding areas - San Francisco, San Jose, Santa Clara and Santa Cruz - took a 6.5-magnitude shock...
...coming, promises Allen, there's no question about it. Southern California hasn't had a major upset since Fort Tejon in 1857 and is due any day - or decade - for something of magnitude 6.7 or higher. Northern California is ready for one too; the Hayward Fault, which runs along the east side of the San Francisco Bay, averages a major earthquake once every 140 years. The last one occurred in 1868, exactly 140 years ago. The U.S. Geological Survey puts the odds of a magnitude 7 earthquake occurring within the next 30 years at 60%. Thirty years may seem like...
...massive flying range, which extends from roughly the San Francisco Bay Area south to Los Angeles. The commission will likely vote on the decision this summer, but a large swath of that land is already protected: in February, the state's largest private landholding - the 270,000-acre Tejon Ranch, where numerous condors can be found - banned hunting with lead shot. Not surprisingly, according to a survey completed last month by the National Shooting Sports Foundation, two-thirds of California hunters oppose the proposed state...
...find attractive. I want companies that no matter what happens, they would be able to pay me my dividend. For a defensive play in housing look at REITs [real estate investment trusts]. They are up three years in a row, and everybody thinks they're done, but I like Tejon Ranch, one of the largest landowners in California, and Rayonier, which owns 1.6 million acres of Florida timber. It's a real estate play with a 6% dividend for safety...