Los Angeles daily herald., 1874-07-12
Cooperative Nursery and Fruit Co.

FTulb AOulpdhy VI 1oS AhSCiSo
county. This company was incorpor-
ated June 5th, 1874, by men who are
we'll known in Southern California in
the nursery business. On the 10th of
June meeting of stockholders was
held, at which bylaws were adopted
and the following Board of Directors
elected, to hold Office for one year:
THos. A. CAREY, MILTON THOMAS,
JOHN S. THOMPSON, o. w. CHILDs
and ISAAC s. SMITH. After the ad-
journment of the stockholders, meet
ing of the new Board of Directors was
held. which organized by the election
of the following officers: President,
THos. A. CAREY; Vice President,
MILTON THOMAS; Secretary, L. NJ.
HOLT; Treasurer JOHN G. DowNEY.
A few days after the organization of
the Board, the entire capital stock
$3.50, ,O00-was taken, and more called
for. The practical work of the COM
pany has been already commenced,
and is being pushed as rapidly as the
nature of the enterprise will permit.
A contract with H. j. Grow has been
made, the terms of which require that
gentleman to sprout and care for
100000 orange trees, 100000 lime trees
and $4,000 lemon trees, and to deliver
said trees to the company between the
lst of March and the 1st of July of
next year, at their nursery grounds
Mr. Grow has planted the seed from
one hundred and fifty barrels of or
anges, and is to plant more. The
young plants have already made their
appearance and are growing finely.
This is all that can be done in this
line at present. While this work has
been put in successful operation, the
company have been looking around for
land. A few days since they pur-
chased eighty acres of land from ]. @.
A. STANLEY, located on the. east side
of San Pedro street, about one mile from
the city limits, and firty-three acres
from S. HALEY, located on the west
side of San Pedro street, still nearer
the city limits. These two pieces of
land give the company a frontage of
about one mile on San Pedro street,
part on each side and for short dis
tace on both sides. of the street. The
land is said to be the very best for the
nursery business that can be found in
Los Angeles county. Water can be
had from the city for irrigation pur-
poses; but the company proposes to
become entirely Independent of the
city in this respect. On the fifty-three
acre tract they already have an arte-
sian well which brings an abundance
OF water to within few feet of the
surface. This will be lifted at small
expense into large reservoir and dis
tributed at pleasure. Work will be
commenced on the company's lands
early the coming Fall, and during the
Winter and Spring months the entire
tracts will be put in a high state of
cultivation and covered with nursery
and orchard. The leading men en-
gagged in this company are practical
nurserymen and have made money at
the business in Los Angeles county.
1t is understood that Messrs. CAREY,
THOMAS, CHILDS and CROW intend to
close out their private nurseries as
soon as possible and turn their entire
attention to building up the trade
Of this company, which will in a
few years eclipse anything in the
nursery line on the Pacific coast.
Eight years ago THos. A. CAREY,
President of the company, commenced
the nursery business on the thirty
eight acres now owned by him on San
Pedro street, two miles from the Court
house, with no capital at all and in
debt for his land. During the eight
years he has built up a mammoth
trade and moderate fortune. Three
years ago his sales amounted to nine
thousand dollars year; two years ago
his sales were fifteen thousand dollars;
last year they were twenty-five thous-
and, and this year fifty thousand dol
lars or more. To-day his thirty-eig
acres are unencumbered, and cannot
be bought for one hundred thousand
dollars. This trade and this business
Mr.. CAREY will turn over to the Com
pany as soon as it is ready to take care
of it. During the past two years Mr..
CAREY has been unable to raise trees
as fast as his business has increased,
and he has been compelled to buy
trees elsewhere, and at times whole
nurseries, in order to supply his Gus
toners, and even now his stock is
greatly reduced; so much so that he is
entirely out of many varieties. These
facts not only illustrate the profitable
ness of the nursery business, but they
show the demand for trees and the con-
sequent growth of Southern California.
This county and this end of the State
is yet in its infancy, and prosperous
future is just dawning. This Nursery
Company will meet a public demand
by supplying hundreds of thousands o
trees to the public and raising them
in such vast quantities that they can
be sold to the farmer and orchardist at
half the present rates, and still make
a fortune for the company. With