The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1889-12-04
The Sioux City Land Company.

under the laws of Iowa with an authorized
capital of 100000, over 100000 of which
has been already subscribed Its officers
are as follows
John Eaton Boston Vice presdent
! 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 300 acres of land within
the city limits Of Sioux City, Iowa, and
proposes to develop the same by grading
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, n lots, at
| from III 600 to S. 200 per lot (six lots to the
acre., which would make it net the COM
pany from 100000 to S120,000. We pro-
pose to build during the coming spring sew
era houses of different styles of architec-
ture, costing from 81 800 to $1,000 each
Houses of this class are in great demand in
the city and find ready sale, and the di-
rectors of the company feel very confident
that this will prove very remunerative in
vestment for the stockholders.
Two hundred eighty acres of our land
! is Immediately adjoining the manufaC-
turing village Of Leeds, which is being rap
| ltlN NtNtlDpcu ny Il SN NlulCdte OF gentlemen
representing capital OF over S15,O0O,UO0.
| They have purchased tract of 613 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
1900 men. 1t will be readily seen that the
development of this tract will rapidly adj
e
by the Sioux City Land Company, espe-
cially as The managers 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 tve-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 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
I 800; in 1884, 15,5l4; in 1886, 81, ,35S in 1881
now estimate the population at between
$1,000 and $1,000. In the territory tributary
to Sioux City there are over 10000 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 a population Of
at least 2,625, 900 people.
The opening of the Sioux reservation will
add II 100000 fertile acres to Sioux City's
territory-an empire of itself. Sioux City
the pataway nf tniQ great and rQnidlv-
developing section, aud the natural center OF
trade for scope of country capable of max
ing and sustaining city of at least 10000
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 leach an empire), Southern Minnesota,
Nebraska, Wyoming thence westward to
the Pacific coast.
Occupying the position that Sioux City
does, it must of necessity grow as the trade
and resources of this mighty territory
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
point. 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
& Missouri Valley; the Chicago & North
western; and on the 10Th of May, 1889, the
Union Pacific entered Sioux City, adding
great transcontinental line to the already
superb railroad system.
The freight handled at Sioux City proper
for 1888 amounted to upwards of $1,000
carloads. Thirty-five passenger trains
daily leave this city. The business for
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 a magnificent railroad
bridge, costing two million dollars, across
the Missouri river, upon which all roads
have right to cross; and a 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 1t had eight banks,
with a combined capital of 81 100000 and a
surplus of Sl04 800 now IL has thirteen
banks, with S2,440,O00 capital and S240,0OO
surplus.
Sioux City has forty-three churches, EN-
bracing all denominations, and forty-one
schools the best and most perfect common
school system in the world. From this form
your own estimate of the character of Sioux
Cty'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 10y the plow, and boundless posi-
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
capital as Sioux City
The within facts are some of the reasons
why we feel sure that this property will