Los Angeles herald., 1892-11-25
PROSPECTUS.

The object of this corporation is to enable
the citizens of Los Angeles, Anaheim and vi
establishment of the Anaheim Cooperative
Beet Sugar factory by subscribing to the CAPT
tai stock Of this corporation. Each share sub
scribed will represent oae acre of land and also
one share of stock in the Anaheim Coop -ra-
tive Beet Sugar company, whose capital stock
is $500,0O0. This corporation has secured
from the Stearns Rancho company, at $35
per acre 100 acres OF sugar beet land, which
has been selected by expert beet sugar men, and
will plant this land, or cause it to be planted,
in sugar beets for the purpose of selling the
same to the Anahefm cooperative Beet sugar
factory at the agreed price of $4 per ton OF
beets apalyZing IL per cent OF sugar to the
weight OF the beets, with purity coeficient OF
80, and an additional so cents per ton for each
IL per cent, as determined by daily tests made
in the laboratory OF the factory. Sugar beets
planted for experimental purposes in different
localities in the vicinity of Anahein, Garden
Grove and Westminster have analyzed 1S per
cent of sugar, with coefficient of SO purity,
which would realize 81 per ton. Experts
are agreed that no better climatic conditions
and soil exist anywhere for the successful cul-
tivation of the sugar beet, and the manufac-
ture OF sugar theIeirom, than in the vicinity OF
Anaheim. This cor poration will subscribe for
1900 shares of the capital stock OF the Ana
helm Cooperative Beet Sugar company, and
deed to said company as payment for said
IN like manner as the individ subscribers 10
said beet sugar company, who have already
decided $500 acres for the purpose of enabling
said company to obtain by bonds the amount
necessary to erect, equip and main ain the
sugar factory, in which this corporation will
be interested in proportion to the number OF
shares subscribed by 1T, precisely as in case of
individual direct subscriptions to the said CO
operative beet sugar company.
All the land decided to the Anaheim Cooper
at1ve Beet sugar Company, whether by individ-
uals direct to the said company or by this COL
poration, will be redeeded 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 II celts per pound, aud the
is 10 run to 1905) of 2 cents per pound will give
an annual profit on $500, 900 pounds OF sugar,
the ordinary capacity of the factory, of $l8Z,-
annually after the Indebtedness is paid off,
making $A5 per share, being the interest at
per cent on 1862 so, which would then be the
value OF each share of stock in the Co operative
beet SUGAR factory; 500, 900 of the above $780,.
500 will be required annually for years to
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 cam paign, making $22. 90 per
share.
The sugar factory at Chino. whose capacity is
the same as the cooperative factory at Ana
helm will be, ha. made during this years
camp ign 7,747,3o5 pounds or 1878 tons of
sugar.
Inc Anaheim cooperative factory will be
conducted in the same manner as the Chino,
except that the bounty and the profit on the
sugar will go dl ect to the farmers and the SUBJ
scribers to this corporation, OF whi III 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 trained corps of expe-
beet sugar men, including thorough
manager, ready to run the factory as soon as
completed, and has every reason to believe that
on the cooperative plan will do as well, If not
better, than the Chino Mr.. Richard Gird, to
Whose indomitable energy, perseverance and
sagacity belongs the credit of establishing the
fac tory at Chino. is one of the subscribers to
this corporation, and an enthu. u.iastic suppol ter
of the Anaheim Cooperative Beet Sugar COM
piny, of which Mr.. c. E Dyer of the Aivaraio
sugar factory is also large stockholder.
This corporation is not intended ss land
speculation, but as an auxiliary to the Ana
helm Co operative Beet Sugar company, and as
such a solid investmen. for The stockholder, IN
which each one will realize his profits in pro-
portion to the number OF shares he may suh
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.
this corporation SO low for the purpose Of as
sisting in establishing the sugar factory, and
they t emselves will deed to the Cooperative
Beet Sugar company 500 acres of good beet
land.
With the Anaheim cooperative beet sugar
factory in successful operation 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 at that price.
The subscription lists are now open at the
UNIVERSITY BANK,
Corner First and Broadway, Los Angeles