Daily Los Angeles herald., 1883-12-14
a cssox LAND COMPANY.
A valusble Ranch subdividedA
Great Induoements to First lPur-
chasera-A rrourapie Investment.

For the Information of many who are
in1uiring as to the proposed plans Of
the FL Cajon Land Company, permit me
to explain to your readers the new pro-
gramme as il is now developed; further
particulars will soon be made public BY
proper advertisements.
The FL Cajon Land Company recently
assigned all its interests in the portions
Of the Cajon grant belonging to the
heirs Of Isanc Lankersliim, 70 DR.. Joseph
Jarvis. freeing itself thereby Of all obi.
cations, and preparing for reorganiza.
\ tion on anew and novelplan. Mr.. Geo.
West, OF Stockton, aud myself, have
been elected to the directory; Mp. Geo.
A. Cowles will also be elected at the
n,xt meeting Of the Board; distin-
| guished vine-grower in the northern part
of the Stats will also be added as soon as
the necessary transfer Of stock can be
made. "a tAt Hf SOFIA y
The company having full faith in the
brilliant future ef the Caisn valley for
fruit culture. and especially for the pro-
duction of the finest grades of raisins,
wines and olives, has negot ated with
Dr., Jaryis for the purchase Of his rights
under the contract with The heirs OF the
lamented Mr. Lankershim, whose faith
In the Caion was never less during his
| useful life than is that OF this company.
The lands controlled by this contract
comprise q. little more than $1,000 acres,
Iof which about 10, 600 acres are arabic
and the rest valuable for grazing. Am.
| pie water facilities are found in all
parts Of this property, none however be-
Ting required fcr irrigation Of frui. trees.
4 vines and olives, unless citrus culture
| be pursued, in which latter case an or
| binary Windmill such as is used at
Stockton, will be sufficient to irrigate
twenty acres. The water in wells is un-
failing. A large area If the land is
| along the San Diego river, where actual
experience proves that alfalfa can be
very proftably cultivated without irri-
| CATION 10 our dryest seasons, this year
producing as much as ten tons to the
acre. The variety of soils aud situa-
uons w,tnin these lands offer induce
mcnts to all claeses of farmers, horti.
| oulturists and vitfcnltnrists, according
TO fancy. A portion Of the Lankershim
/ tract has been subdivided and laid out
| with wide avenues-about 5000 acres in
extent, ON perfectly even and uniform
| surface Of the valley, most suitable to
vine and fruit culture a. q the develop
ment of a prosperous colony or COM
| munity. These lands were offer, d AID
Iln part sold during fine past year at S75
to 800 per acre. / have no hesitation
in declaring that they are fully worth
/ elO0 per acre and that they may become
by reason Of developments 10 the valley
worth equally a. much as the famous
lands at Riverside and Pasadena. Nov,
by reason Of the new arrangements made
with DR.. Jarvis. the company will cause
these 27 900 acres to be offered at on ay-
ersee price Of less Man ten dollars per
| are TO ali those who subscribe to the
stock Of the company, which will be Of
fered through d TInsteey Mr.. Bryant
Howard, Cashier OF the Consolidated
National Bank Of San Diego, until the
terms Of his trust expire. Those who
come into this new arrangement in time
will be sure of securing good invest
nent and beautiful homs site. Ar
rangements have been made with the
heirs OF the Lankershim estate for the
release of any portion Of the plated
aud surveyed lands III the tract Of 5000
aores referred to upon payment Of a
| given sum Of money therefore it Is our
plan to make. this tract the basis OF our
| operations. f.Thers are 5000 shares of
siocI in the company and 1900 acres
Eof isnd seured by contract-a little
more than five acres to each share. To
all persons subscribing and paying for
stock at the rate of $50 per share por-
ton. of the plated and sabdividsd tract,
viIl De conveyed In fee ample at ONCE,
il tha psbporlon Of one 3Ge toeve1y
two shafes Of stock, twenty tharsx o.
stock price Sl00O-will entitle the
holder TO select and receive title ct once
4 70 ten acresof land il this traca in .
and valnel and his stock Will fePsesent
an intsess d leo asrA iapfs n the
property OF the company. The ten
acres so selected vii be fully worth all
that has been paid for the stock and the
lands covered by the comp my will be
|ssia 49, topfsdn sdi1idends 10 thesub-
sefibef$ with which thty may improve
tho laxds selected in the community
tracts. In this way the selected lands
gill not cost the holders more than ten
81 twenty dolltfs per SER, each holder
I participating h the proceeds 81 the saies
of the company on a mutual basis. Any
number Of ofmuitiples Of ten acres may be
selected and some even as small as five
laQs II desired. 10 protsct, all pwt,ss,
stbscribing to this stotk,, Anll' the rights
of .sir.A Jarvis and also nearly All.of the
stock of that company. have been as
sipusd TO Mr.. Bryant Howard as
Trustee; all expenses, interest and taxes
during the term Of the trust will be paid
by Messrs. Jarvis, West and myself, and
ali funds recsived by the Trustessn ac-s
count Of sales win BE- applied wholly to
the payment Of ths adi6ant dns 70 'Df.
Jarvis aud the heirs of the Lankershim
estate on account Of the purchase Of the
tract; : clear title will Be gitea, ut once
for the lands selected in the community
tract, forty per cent. of ~ purchase
price being permif<s4 a rGnzain on
mortgage on the i11el(1t f11uinH thsee
years at eight pei ~. Il dl1 16t ~
purchasers. As coon q tn - 1I<1t
price Of the land has been fully C4d -
BY the Trusts, the remaindof Of ~
stock and its relstive pfep. rton of ~
community trsct via $ dhtributed -
the Trustee 70 The promottss Of TIE 80.
terprise, and ~ the femeining Lard, be-
ing about %. 90 acxes, will 30 conveyed
TO the Compeav. pufahG the progrere
of this tru>< ~ Cc4fapy ngresr, In
writing. not fp incex any expenses ex-
ceptinR thoss that my b Absolutely
nsossssry fo< the pseservatiea 81 the
Conpsay, = t1a$ tho stockhoIdors need
act ~ ~ mls1lanaR Rement &uring this
rsof. a1lpa; = so6n = ~ contract
pfiog = - rald ep, ths ~ >lock holdsrs
By III ~ ~ilI s1ntzol lhe inAjority el
t1o stdck q " Coenp4nY. ueanwhi1t
~ Co1r1ny 1Grte< p ntrctiats sales
nv a.. "a s i1rrljE jEn}s tSe proossds.
- diyidnd1 70 G<ockholdu1s ~ dixi-
dehds "a the stock nsld IL trust a IS ~
plisd y the extluxq'a q'ahd4Qst 81 cl<ins on
account X ths purchase priqe. md this
trust stock will be credited With this
amount 50 AZ to reduce its price when
sold to new subscribers.
We believe that we have devise q
plan that will be popular from the start,
| and that will enable people TO secure
beautiful homes in the Caion valley at the
lowest possible price. For purposes OF
convenience, portions OF the plated
lands for immediate selection will be al
lotted to different parts Of the State;
Dr.. Jarvis win superintend an allot-
ment for San Diego, San Bernardino
and Los Angeles counties; Geo. West
win do likewise in Stockton; shall do
the same in the Bay counties, and others
! elsewhere a. circumstances control rs.
| In this way we expect to conclude this
| offering Ia very short time, and IL is
| for this reason that seek this method
Of making our plans known early, so
that those intending to subscribe may
not lose time in getting ready to do so.
When we have accoupIished onr work