Suburban Homes Company. An additional line was extended to San Fernando in 1913. Along with the streetcar line, the group built a "$500,000 boulevard" named Sherman Way, which was important to the success of the development. By 1912, 45-minute streetcar service from Van Nuys to downtown and the "no speed limit" paved road (if you could get your "Model T" to do 30 mph) were key selling points. They group laid out three communities: the townsite of Van Nuys in 1911, the mid-valley townsite of Marion (present-day Reseda), and the townsite of Owensmouth (present-day Canoga Park) in 1912. As part of his participation, Sherman retained 1,000 acres around the area of Ventura and Sepulveda Boulevards in what later became the neighborhood of Sherman Oaks, named for him. Sherman was removed from the Water Board in January, 1910, by mayor George Alexander, ostensibly because a department related to the aqueduct leased space in a building he held stock in, violating a municipal ordinance. Other Activities He was a director in the Farmers & Merchants National Bank, the Yosemite Park and Curry Company and a number of other corporations. In 1903, Sherman became one of the incorporators of Frederick H. Rindge’s Hueneme, Malibu and Port Los Angeles Railway, which Rindge built as a means of blocking the creation of a railroad or other throughway along the shore of his Malibu Ranch. After the San Francisco earthquake, Sherman arranged a train of volunteers and medical supplies from Los Angeles to San Francisco. It was the first train to reach San Francisco after the 1906 San Francisco earthquake. After the end of World War I, he saw a need for steamship service and helped to form (and later became president of) the Los Angeles Steamship Company. The company’s ships Harvard and Yale sailed between Los Angeles and San Francisco, and the City of Los Angeles and City of Honolulu sailed to Hawaii. After the Matson line opened a competing line and the City of Honolulu was destroyed by fire, the company was sold to the Matson Company in 1930. Personal life He married Harriet Emily Pratt, daughter of Robert H. Pratt, a leading figure in the Central Pacific Railway of San Francisco. They married in 1885 and had two daughters, Hazeltine and Lucy; Sherman also adopted Harriet's son Robert Pierce from a previous marriage. Sherman and his wife separated and were divorced in 1908.