, 1890-04-30
BIG THINGS IN PROSPECT
An Investment Company That Can
Place Factories in Cheyenne.
In Negotiation for a Smelter to Be
Established Here.
The Company Promotes and Gets
Good Fees for Work.


unfolded to the Board of Trade trus-
tees at a special session OF the directorate
yesterday afternoon when an audience
was given Treasurer Herbert A. Lee,
of The Investment Association. MIR.
Lee and his people have already invested
upwards of $l0,O 900 in Cheyenne and the
concern is practically 'oner of us"
H MANNER OF MAN.
President Hay introduced Mr.. Lee and
hat gentleman spoke at length. He is
one Of these earnest. business-like men
whose tones carry conviction who grasps
the situation in a twinkling and whose
general air is that of commercial deter
mination. He's a keen one, but talks
quietly, not wasting words and yet max
ing himself understood.
HIS COMPANY.
The Investment Association, Mr.. Lee
said, was Incorporated in New jersey. 1t
has a membership Of sixty cipitali is,
mostly New Workers. 1t banks with the
American Loan and Trusts ompany
and has offices at 245 Broadway and
3057 Third avenue, New York. Sidney
W. Hendrickson, who was lately in
Cheyenne on business is the president
and Geo. W. Morrill, is purchasing agent.
ASSOCIATIONS OBJECTS.
The stated purposes of this corporation
are: TO purchase property in select To-
~calities in the West, to locate town or
city sites thereon, or to cooperate with
promising towns or cities already organ
lied. if liberal inducements are offered.
TO build u2 and improve the same by
thoroughly advertising their natural and
other ~advantages-to plant colonies, es-
tablish mills and manufactures, either by
organizing new companies or transferring
those already organized; to locate mer-
chants, tradesmen and farmers, and to
facilitate the locating of educational insti-
t%utioDs.
To operate with railroads.&c. interest
capitalists to invest their money where it
will bring larger returns; to influence
companies to build street car lines, either
electric, horse or cable; water works,
electric light plants. or to do anything
that will build up and advance the pros
perity of said towns and cities.
This Association is a bureau Of infor-
formation for placing before eastern PEG.
pie seeking western homes and industries,
facts regarding the natural, mechanical,
financial and educational advantages Of
the towns with whose interests we become
identified"
1t is pretty good to know that such a
company is already quite heavily inter
ested in Cheyenne.
THE SCHEME TAI
Mr.. Lee said to the Board of Trade
that his company would undertake to
place here such manufacturing plants as the
town desired and the country seemed to
invite. For this service the Association
requires a fee. usually in land and its rate
at Huron, S. D, was an acre adjoining
town or a city lot for every factory hand
brought in. A paper mill has lately been
placed at Spokane under about these con
ditions. Besides feeling these promoters
the town usually has to pay a bonus or
grant lands to the new enterprise, all of
which tends to set the price of cherished
prizes prettv high.
FOR CuryrNSE
Membars f,ea,v questioned M loo
and discussed vorions ,ro;cc,s AMONG
themselves. II was very nromntIv de-
c;ded tbo, Cbovenno vorla 40, he v.r.
ron,ed in nov;no onv snob comn;.s;on 90
has been orne,,ed from Huron or eyen
Snok,ne tbor,b ho,b or ,boso nI,coo
have w.,,r nower Cba,onno 4. Tho
growing %cani,ol of q STATE r;ch !, "a
so,roos o,s !, hos;Jos roum..
merc,,l con,er n booI,b ,o.or, ond =
hmm NOR conerauv
On tho sngo.st;on of Mr. Menoes aero.
oa. n cb.rae b,nds nil NOT ho Loo ,ha,
f,rr miles from tovn ooa all nil ho
made nm the basis IF land values
~pRonusrp rNrrppprsr
,o,;. A. Ja,lz,m
and a strong ehort Will be made to secure
one through The Investment Association.