 Traveling to New York from San Francisco in July, 1862 Holladay was almost killed when the "SS Golden Gate" sank off Manzanillo.Between the Overland Trail and six other routes, Holladay received government subsidies totaling nearly $6 million over a four-year period.Holladay sold his stage routes to Wells Fargo Express in 1866 for $1.5 million.