The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1889-11-27
The Sioux City Land Company.

The Sioux City Land Company is chartered
under the laws of Iowa with an authorized
capital of 5000, over 100000 of which
has been already subscribed. It's officers
are as follows
George Leonard, Boston. President.
Chas.W. Baldwin, Boston. Secretary and Treasurer.
Its directors are: George Leonard of Bos-
ton, John Eaton of Boston, William II Will
cox of Maiden, Mass, Frank c. Henderson
of Sioux City, Iowa, George Dennison of
Boston.
The company owns 800 acres OF land within
the city limits of Sioux City, Iowa, and
proposes to develop the same by grazing
streets, setting out trees and building
houses for parties as they may desire
Twenty acres Of the above is situated in the
finest residence portion of the city and
commands fine view Of the river and the
! city, and is easily accessible by cable cars.
This tract of land will readily SELL in lots, at
from $1,000 to 81, 200 per lot (six lots to the
| acre., which would make it net the COM
| pany from 100000 TO $4,000. We pro-
| pose to build during the coming spring sew
eral houses Of different styles of architec-
! ture, costing from $500 to $1,000 each.
| Houses of this class are in great demand in
! the city and find a ready Sae and the di-
rectors of the company feel very confident
! that this will prove very remunerative in
vestment for the stockholders.
Two hundred lightly acres of our land
is Immediately adjoining the mannfac-
turing village of Leeds, which is being rap
! idly developed 10y a syndicate Of gentlemen
| representing capital of over 100000.
They have purchased a tract of 6l3 acres of
land in the Floyd Valley, about three miles
from the center of Sioux City. They are
now erecting large manufacturing establish
| ments stores, school-hOuseS. church and
| dwellings, and expect within one year to
| have manufacturing establishments in
| operation which will employ from 900 to
| 500 men, 1t will be readily seen that the
| development Of this tract will rapidly all
vance the value of the land adjoining, owned
| by the Sioux City Land Company, eSpe-
cially as the mana Lers of the Leeds Land
and improvement Company are also largely
interested with us and will have the west
ern management OF the company. This
land is near the Illinois Central railroad,
and hourly trains are run from Sioux City
to Leeds at a tive-cent fare which brings
this tract nearer for residence purposes in
point Of time, than land less distant from
the center Of the city
The rapid growth of Sioux City during
the past eight years has been phenomenal,
and its geographical position, in the center
of the most fertile region on the globe, with
the rapid increase of its rural population,
assures us that the growth of the city, for
the next five years at least, Will be much
more rapid than it has been in the past, A
few facts in regard to the growth of the city
will suffice:
In 1880 Sioux City had a population of
1900 in 1884, 1854; in 1886, 22,35S; in 1887.
30,S42; and, in 1888, 40 ,162; and good judges
now estimate the population at between
; $1,000 and $4,000. In the territory tributary
to Sioux City there are over 100000 square
miles of the richest land the sun ever shOne
on. This vast territory has not seen one
tenth of its possible development as yet,
and is capable of sustaining population of
at least . 2,625 900 people.
The opening of the Sioux reservation will
add IL 100000 fertile acres to Sioux City's
territory-an empire of itself. Sioux City
is the gateway of this great and rapidly
developing section, and the natural center of
trade for a scope of country capable of max
ing and sustaining city of at least 100000
people.
Sioux City has the largest jobbing trade
in Iowa, and has no competing city within
over a hundred miles. Its jobbing trade
extends through the vast domain consisting
Of Northwestern Iowa. the two great Da-
kotas (each an empire), Southern Minnesota,
Nebraska, Wyoming, thence westward to
the Pacific coast.
Occupying the position that Sioux City
! does, it must of necessity grow, the trade
. . and resources of this mighty territory eX-
= pand and develop to a degree even beyond
! ! the Incompatible record of the past The
jobbing trade Of 1888 was upwards of twelve
millions of dollars, and will aggregate not
less than fifteen millions in 1889.
: Sioux City offers the best inducements to
: manufacturers that can be secured at any
= poiut. 1t is a great railroad center. Six
! great trunk lines, with their branches, radi-
ate from this point into the tributary terri
: tory-the Illinois Central the Chicago,
Milwaukee & St. Paul the Chicago St.
: Paul, Minneapolis & Omaha the Sioux
: City & Pacific, and the Fremont, Elkhorn
x Missouri Valley; the Chicago & North
western; and on The 10Th of May, 1889, the
> Union Pacific entered Sioux City, adding a
: great transcoDtinenta line to the already
superb railroad system.
, The freight handled at Sioux City proper
for 1888 amounted to upwards of 5000
carloads. Thirty-fve passenger trains
e daily leave this city. The business Tor
1888 of the various lines centering in Sioux
City shows an increase of from twenty-five
to fifty per cent over 1887.
Sioux City has magnificent railroad
bridge, costing two million dollars across
4, the Missouri river, upon which all roads
, have right to cross; and pontoon bridge
for wagon and foot-track. 1t has the most
complete system of rapid transit of any city
in the world of its size, 1t has twenty-six
miles of cable motor and horse-car lines
> 1t will soon have the only elevated railroad
, outside of New York and Kansas City. 1t
!, has more banking capital than any other
: city in Iowa In 1887 it had eight banks,
> with combined capital of ST., 100 900 and a
surplus of Sl0i,50O; now it has thirteen
banks, with 81 10000 capital and $240,0O0
, surplus.
Sioux City has forty-three churches, em-
schools; the best and most perfect common
school system in the world. From this form
your own estimate of the character of Sioux
City's people. Its death-rate is only about
10 to 1000. The altitude of the city is
, about 100 feet above the sea
Sioux City has a complete and perfect
system of water-works with an unlimited
, supply of pure water. 1t has a perfect sys-
, TEN of sewerage. 1t has the finest opera
house in the United States. 1t is the
, acknowledged amusement center of its
trade territory. 1t has thirteen bright and
, progressive newspapers, including four
, dailies.
Millions of acres of fertile prairie land in
/, the surrounding country are AS yet un-
; touched by the pillow, and boundless possi-
, bilities lie before Sioux City in grasping
and handling the business incident to the
compact settlement of the country north and
: west of her.
Sioux City offers more opportunities for
safe profitable investment than can be found
in any other place No city in the state is
securing as large investments of eastern
captal as Sioux CITY.