Dodge City times., 1890-11-28
LET US COOPERATE.

LET US COOPERATE.
We have received a neat pamphlet
from the Syndicate Lands and lrriga-
ton Corporation Of Topeka, giving
articles of incorporation, bylaws, to-
gether with condensed facts relative to
its objects, aims etc., etc.
1t is particularly interesting to Wes-
tern Kansas people, because it has tor
its aim, the Development of this po:-
ton Of the state.
In looking over the list Of officers,
one is Immediately struck with the ar
raw Of finaneiers at the back Of the or
ganizatlon, numbering the presidents
and managers Of twelve powerful loan
companies having interests in Western
Kansas land. Among the list OF d.
rectors, We notice the name OF hon.
G.. NJ. Hoover Of this city.
This organization is the outcome OF
a meeting of these gentlemen in Tope
ka, mention of which was made in these
columns some time ago. TIE mere
mention of the names Of the officers in
spires confidence, not Only in the capl-
talist seeking investments. but among
the small farmers, who have faith in
the country and wish to see it devel-
opc.
The authorized capital stock of the
corporation is two million dollars, dl-
vided into twenty thousand shares OF
one-hundred dollars each. This money
will ue raised by cash subscriptions to
stock, by the organizers and outside
capitalists, and the sale of the corpora
tion' first mortgage bonds, secured by
one general mortgage on all the corpor-
alton lands. The loan companies al
so pay for stock in lands. The gener-
al mortgage will run ten years bearing
rate of six per cent. per annum. A
provision will 60 with the sale of the
bonds that any quarter section may be
released upon payment OF the amount
of the bonds issued on the mortgage
against it, as it is the purpose or scope
of the corporation to Town hold and
buy land; to improve, cultivate and
settle its lands; to promote immigra
tion, irrigation, ETC., etc.
1t is estimated, that at the end of
the year, the corporation will own one
million acres Of land, 1t is too late
this season to sow grain, but next
spring and autumn, it is the intention
to SOW an equivalent of forty acres per
quarter section, making total of two
hundred and fifty thousand acrs. The
land will be sown chiefly to wheat. In
this way the company propose to dem
onstrate that Western Kansas is capa
BILE of producing, and furnish living ev-
idence of the fertility of the soil.
The formation of this syndicate will
bring renewed hope and energy to the
people of Western Kansas, who have
SO long worked under disadvantages.
Experiments in the past have demon
strated that at present, the country
cannot proftably produce corn, but
that wheat, rye and barley are pecul-
iarly adapted to our climatic conditions
and soil. The corporation starts with
a knowledge of the best mode of pro-
ceenure, garnered from six years spent
by the settlers in experimenting with
the different crops. Hence, the con
ditions surrounding the movement are
not in the nature of an experiment
with all the costly expenditure of time
and money that that term implies.
Every farmer now holding a quarter
section of land, will remain with the
country it is hoped, and in this way CO.
operate with the corporation in the
work Of deyelopement. The man who
leaves now, loses FIVE years Of work and
with the promised land in sight.
1t is a matter Of self interest for ey-
cry county in Western Kansas, to aid
and encourage the movement. 1t may
not be in the power of Western Kansas
people to subscribe for stock, but local
papers can set forth in their columns
the aims and objects Of the corporation
so that not only local readers, but east
ern people as we'll may become acquain-
ted with, and interested in the scheme;
they can encourage farmers to remain
on their lands. Local endorsement
will be of material benefit to the cor
poration, By inspiring confidence in in
vestors regarding its operations, as
well as in the immigrant who contem-
plates coming here, through its work.
Let US cooperate.