Los Angeles herald., 1892-11-24
PROSPECTUS: f:

The object Of this corporation is to enable
the citizens of Los Angeles, Anaheim and vi
entity 10 aid and participate in the successful
Beet sugar factory by subscribing to the capt.
tai stock of this corporation. Each share sub
scIibed Will represent one acre Of land and also
tive Beet Sugar company, whose capital stock
is 100000. This corporation has secured
from the Stearns Rancho company, at $35
per acre, 1900 acres of sugar beet land, which
has been selected by expert BIT ct sugar men. and
will plant this land, or cause it to be planted,
same 10 the Anaheim cooperative Beet Sugar
factory at the agreed price of 81 per ton of
beets apalyzing II per cent OF sugar to the
WWelght we OF tne beets, with purity coefficient OF
and every per cent of sugar contained above
II per cent as determined by daily tests made
IN tne diaMbaratory pa OF the factory Sugar beets
localities in the vicinity of Anaheim, Garden
Grove and Westminster have analysed 1S per
which would realize 81 per ton. Experts
are agreed that no better climatic conditions
and soil exist anywhere for the successful cul-
ture OF sngsr thel efrom, than in the vicinity of
Anaheim. This corporation will subscribe for
1900 shares OF the capital stock OF the Ana.
heda hedm &C cooperative Is Beet Sugar company, and
stock the 1900 acres of lane referred to above
IN like manner as the heindiyidual subscribers to
said beet sugar company who have already
decided 1900 acres. for the purpose of enabling
said company to obtain by bonds the amount
necessary to erect equip and maiua ain the
be interested i'll proportion to the numb of
shares subscribed by It, precisely as in case of
individual direct subscriptions to the said co.
operative beet sugar company.
All the land decided to the Anaheim Co. oper.
ative Beet Sugar Company, whether by individ-
uals direct to the said company or by this COL
pOratlon, viii be re decided to the grantors by
The Cooperative Beet Sugar company when the
bonded Indebtedness which is to run for 5
years has been paid off
The net profit on the manufacture of granu-
lated sugar is N cents per pound, aud the
government bounty (which by act of congress
is TO run to 19O5) of cents per pound will give
the ordinary capacity of the factory, of $ISI-
500. This amount is to be divided as dividends
annually after the indebtedness is paid Off
making $45 per share, being the interest at s
per cent on 1862. SO, which would then be the
value OF each share of stock in the co. operative
beet susar factory; $95, 900 of the above $780,
pay the maturing bonds and interest, and the
balance of $S7 500 will be distributed each
year as dividends among the stockholders after
the first years campaign, making $1,000 per
share
The sugar factory at Chino. whose capacity is
the same as the cooperative factory at Ana
camp ign 7,747, 1856 pounds or ss7s tons Of
sugar.
Inc Anaheim cooperative factory will be
except that the bounty and the Iroft on the
sugar will 60 di, ect to the farmers and the sub
scribers to this corporation, of whi ,h there
are now 271, and not IN the hands of monopo-
lists.
Three hundred and thirty of the 4O1 beet
sugar factories in Germany, where the indstry
has been fostered and assisted by the govern
ment are working successfully on this same
cooperative plan, under which it has become
the leading industry in Germany.
The company has a trained corps of expe-
rieneed beet sugar men, including a thorough
manager, ready 10 run the factory rs soon as
completed, and has every reason to believe that
| batter, than the Chino Mr.. Richard Gird. 10
| whose indomitable energy, perseverance and
| sagacity belongs the credit of establishing the
| factory at Chino, is one of the SUBJ bkcribers to
| of the Anaheim Co operative Beet Sugar conf
| psny, OF which Mr.. G. E Dyer of the AIvarado
sugar factory IL also large stockholder.
| This corpurafton is not intended as land
helm Co operative Beet Sugar company, and as
| such solid investment. for the stockholder, IN
| which each one will realize his profits in pro-
portion to the number of shares he may SUI
| scribe.
AS an investment it cannot fail to be a
| success, as good land in the vicinity of Ana
| helm Can never be bought again for that price
| The Stesrns Rancho company is selling 1t to
| this corporation 80 low for the purpose OF as
sisting IN establishing the sugar factory, and
| they themselves will deed to the Cooperative
Beet Sugar company 500 acres of good beet
| land.
With the Anaheim cooperative beet sugar
factory in successful .opeI Iation. this land is
| worth to the subscriber $3.50 per acre, the
| same as the land in Chino, which has risen in
| two years from $50 to $3.50 per acre, and finds
a ready sale ut that price.
| The subscription lists are now open at the
| UNIVERSITY BANK,
| Corner First and Broadway, Los Angeles.
] 11.20