The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-04-25
A MIDDLE TENNESSEE ENTERPRISE

A MIDDLE TENNESSEE ENTERPRISE
Which Promises Large Profits to In
vostors offered to the CitizenP
OF Memphis.
Bucnaventura Stock Farm, two and O
half miles northwest Of GAINESVILLE, Tenn,
has been Incorporated for the purpose OF
breeding high class trotting horses This
farm OF 800 acres, with fine meadows
and pastures, rich alluvial bottom lands,
fine springs and never failing brooks aud
streams is especially adapted TO breeding
horses. It's splendid half mile training
track and training stable has been before
the public fortwo years or moro. It's owner,
Col. A. q. Goodlett, being cognizant Of
the large profits which have resulted TO the
breeders Of high class trotting horses aud
not having tho requisite capital 10 engage
in tho business on a scale commensurate
with tho excellent facilities which sur
rounded him, determined TO organize a
stock company and TO dispose Of enough
stock TO raise the necessary capital TO place
the enterprise in a position 10 rank with
the foremost In the land.
The corporation was formed with the
following named personsRs incorporatorE
I. Z. nambaugh, president OF Franklin
Bank; IL. q. Merritt, president OF Clarks-
vile National Bank; Hon. VIM. NJ. Daniel,
Hon. q. i. Worheld, w. II. Buckner, q.
5. Daniel. A. q. Goodlett, stc. The enter
prise moved along at slow rate,
Ia In. =
Il. McCully, OF Toronto, Canada, learn
ing OF the organization. wrote, propos-
ing 10 subscribe s25, 900 for stock. With
this encouragement the company had n
permanent organization on tho ith OF the
present month, olectng 7. G. Hamburger,
president OF Franklin Bank, president;
A. q. Goodlett, secretary; =. l.. McCully,
manager, and w. n. Buckner, treasurer,
With the Hon. VIM. Daniel, A. q. Goodlctt
aud 5. T.. McCully, executive committee.
This corporation has capitalized the stock
at $3.50, 900 issued in shares Of 800 Zach,
issued fully paid up and non asscssable
upon the payment Of 5000 per Hharc,
or Sl25. 900. Col. Goodleti puts in the farm
at $4,000 and receives In payment
stock OF the company. The farm IL worth
moro than this amount and when NIL OF
Il Il In grass, taken with the general adj
yncemcnt OF tho South Il should, within
the next few years DO worth $4,000,
or three times its present price. Bucna-
ventura Farm Co. bought recently Russia
1873, by NutwOod, 2lSi, LIST dam
Riena Victoria, by llamblctonian TO-
Russia is the grandest bred trotiing s,a,.
lion, marc or gc.ding, In the world. lie IL
only five ycam old, and has exhibited
speed which many believe will enable him
90 surpass the time Of Maud 4 -2Osl.
The only one Of his get ever sold brought
/ 81 600 cash nj nine months old; for Russia
/ ~, 900 cash was paid aud gu, 900 cash 70
fused for him the day before lac reached
the farm. With such premier stallion
this enterprise must rank with the first In
the land.
Kalamazoo Farm, OF Kalamazoo. Mich,
WIS organized In 1854 with paid up cap.
| iial Of $4,000. In lSSS, Just four years
after, all OF the 5000 was returned TO the
investors. an inventory Of tho stock aud
other property was taken, and, ut a fair
market valuation, aggregated 500, 600.
showing net profit ON the Investment OF
about 10 per cent per annum OF 275 per
cent In four years The sales OF trotting-
bred stock, which took place In Lexington,
n.y., Ia February aud March. 1889. show
that 200 head sold at an average OF over
a, 100 per bead. one DAYS sale OF high
class stock Of sixly-ono head averaged over
-, 800 per head. The sale Of trotling.brcd
stock at 7. g. kclloggs sale In New York
last month averaged over =, 300 per head.
J. C. Mcfcuin's executor closed out the
| irotiing brod stock OF his tcslator near
Louisville. when i06 hcad-cmbncing old
aud young brought the magnificent aver
ago OF u, s52,j0 per head, or oyer SJTLOO0.
Tho tro,tng honsc Il an American prod
ucL A demand exists for him all over
the civilized world. aud the breeding OF
this horse for market u today In ils In
fancy. No enterprise odon such large
profits for inyeslcrA
Tho training track Of Buenaycntua
Farm Company should bring annually a
gross income Of $1,000 per annnm. Re-
ccipts from stallion service alone should
moro than double that amount next year.
Russia's book ia now full NJ $3.50, the
season which ends July 10 II isexpcctcd
10 give him a rccord below go next Ocio-
Der, then stand him at $500 next year. lie
can next year 20 TO thirty outside mares.
The farm now has time highly bred stall.
lions with Russia at the head. Forty year
llngs averaging $3.50 each, will bring So
900, 100 yearlings will fetch $1,000 NJ
300 each. This farm eau sell after the
third year more than 100 Young thing, por
nnnum. There arc several bccirrs In
Kentucky who sell more than $1,000
worth of young stock every year, ranging
lrom 500 10 $1,000 each. A Tow Of thcm
sell three times the above amount A.
soon as all the stock Is taken u viii begin
10 advance. Col q. says at is based
on good foundation. We propose TO use
economy In carrying on the business
There will DO no paid or salariod officers
except the manager. Our farm will yield
~ least 5000 Of surplus hay por year.
last year the corn crop amounted toabout
1000 bushels. Every dollar gct viii DO
m stock, which will be at present value
$4,000. In three years / am satisfied
this stock will be worth 10000, and ]
am free 10 say that firmly believe that II
will be worth $50. 600 In four ycars.
Clarksyille IL n subslap.ld town Of over
10000 inhabitants; lis the largest iobac.
co market In the We ~, except Louisville:
Il IL noted for iisfeallh and big. hearted
| pcoule In la .rfhis litlle citv onaned her