Semi-weekly interior journal. [volume] (Stanford, Ky.) 1881-1905, 1883-09-21
Cattle Ranchiaq in Texas.

Mr.. Dudley Portwood and Msi0r w. V.
johnson, recently from Fort Worth, Texas,
have for severa. days been in our city and
vicinity for the purpose Of disposing OF the
Capital Stock Of The Double Mountain
Cattle Company. This is chartered cor
poration under the laws Of Texas, having
for its purpose the raising Of cattle in that
State. The principal office will be at Fort
Worth, and gentlemen Of high business
standing have the business in charge. The
authorized capital stock is $250,000 Of
which $S5, 900 has already been subscribed.
II is necessary to secure as much as $50,
900 in order to make purchase Of the pro-
perty proposed ms the basis Of this organi
zation, and which consists OF the following
items to-wit: 1000 high grade Western
cattle; 125 excellent horses; 81 section .
or 1880 acres choice grazing and we'll
watered lands; 4 good mules; l good
ranch house; l wagon and harness.
The lands are located in the southern
portion of Stonewall county, upon the
Double Mountain Fork Of the Brazos River.
That river and tributaries furnish never
failing water supply. The lands are cover
ed with fine Curley Mesquite grass; and the
whole country in that vicinity is admirably
adapted to the prosecution Of this lucrative
bu siness. No ranch could be better located
or selected for that business. The climate
is 30 mild and the grasses 30 fine, that cattle
multiply rapidly in numbers and keep in
good condition without the necessity Of
providing any other food supply. The
railroads built into that portion Of the
state within the last few years, furnish
quick transportation TO all the markets Of
the East, and consequently furnish a good
market at the ranches for the three year
old steers at prices ranging from $35 to s45
per head.
Ia that mild climate cattle are 80 healthy
and prolific that the numbers will double
every three years after taking out all the
three year old steers. As the expenses are
very small il is manifest that investments
will yield large annual dividends upon the
Investments. and it is perfectly safe 10 ex-
pect at least rs per cent, and even greater
returns where the business is well managed.
Such returns may appear very large to a
people who are usually con tent with six to
ten per centum per annum. And it is re
markable that kbusiness yielding such
handsome profits should be so comp letely
safe as this. Banking institutions and cap
VI ANAoo AtkohO SattC ~
the most desirable charactes Of security for
loans, and borrowers who can furnish such
security are always supplied. Many Of
our citizens with idle money in their
possession may fine safe and profitable in
vestment in the stock Of this company.
Our prudent and cautious citizen Mr.. Leo
Hayden. has subscribed already to 5000
Of this stack and will probably subscribe
for 5000 more. He has made careful in
vestigation of the bushes and gives evil
dence of HE judgement by his subscription.
We advise others Of our community TO in
vestigate the business and to consider the
propriety Of Investments.
Mai. johnson will shortly return to
Texas, but Mr.. PortwoOd will remain in
this vicinity for some fifteen days, and will
be glad to communicate with anyone who
may feel interested.