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John Sutter and James Marshall owned Sutter Mill.
John Sutter thought he found gold but what he really found was fools gold so his friends called him foolish and he named thins town sutters folly.
It was the place were they found the gold and the Gold Rush's starting point (January 24, 1848).
The California Gold rush of 1849.
John A. Sutter and James W. Marshall. See the Related Link.Actually, John A Sutter and James W Marshall both DIDNT discover it together. However, It was Sutter's Mill. But Marshall discovered the gold. Found Gold!!!!