However, in 1855, the American filibuster William Walker installed himself as President of Nicaragua and revoked the charter of the Accessory Transit Company and then assumed its assets.
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After recovering his health, Hollenbeck took a position as an engineer on a steamer running up the Chagres River.
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From there, small boats transported passengers up the San Juan River and across Lake Nicaragua.
John Edward Hollenbeck (1829-1885), American businessman in Nicaragua and Los Angeles
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