Los Angeles herald., 1892-11-22
RROSPECTuS.

The object OF this corporation is to -ensb,e
the citizens OF Los Angeles Anaheim and vi
establishment of the Anaheim Co-operatiye
Beet sugar factory by subscribing to the can't
tai STOCK OF this corporation. Each share sub.
| one share of stock in the Anaheim Co-opera-
tive Beet Sugar company, whose capital stock
| Is $oOO,OO0. This corporation has secured
| from the Stearns Rancho company, at S35
] per acre. 1900 acres Of sugar beet land, which
| has been selected by expert beet sugar men. and
| VIII plant this land, or cause it to be planted,
in sugar beets for the purpose of selling the
same TO the Anaheim cooperative Beet suSaT
factory at the agreed price of S4 per ton of
oeets apalyzing IL per cent OF sugar to the
weight OF the beets, with purity cOefficient of
| 80, and an additiona so cents per ton for each
| and every per cent of sugar contained above
II per cent as determined by daily tests made
me pa o, 1as factory Sugar bees
localities in the vicinity of Anaheim, Garden
Grove and Westminster have analyzed 18 per
are agreed that no better climatic conditions
| and soil exist anywhere for the successful cuI-
ture Of snpsr theIero n snG th the mannfac
Anaheim. This corporation will subscribe for
100 shares OF The capital stock OF the Ana
5a hein cooperative Beet Sugar company, and
deed to said company as payment for said
stock the 1900 acres of lane referred to above
IN like manner as the individual subscribers To
s sSgaf who have
said company to obtain by bonds the amount
necessary to erect, equip and main ain the
sugar iactory, In which this corporation will
shares Subscribed by it, precisely as in case of
| individual direct subscriptions to the said CO.
operative beet sugar company
All the land deed-d to the Anaheim Co. oper.
atlve Beet sugar Company, whether by individ-
uals direct to the said com pany or by this col :
Roaauon, % VII &c 7. d.eded to the grantors by
bonded Indebtedness which is to run for s
years has been psid Off
The net profit on the manufacture of granu-
lated sugar Is IN cents per pound, and the
government bounty (which BY act of Congress
Is 10 run to 19O5) of cents per pound " iii give
an annual profit on $500, ,0O0. pounds OF sugar,
the ordinary capacity Of the factory, of $ISZ,-
500. This amount is to be divided as dividends
annually after the indebtedness is paid off,
making $ao o. ner M 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 sugar. factory; $95, 900 of the above 1882.
oOO viii 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 hrst years campaign, making 1922 90 per
share.
:, The sugar factory at Chino, whose capacity is
the same as the cooperative factory at Ana
helm VIII be, has made during this years
sugar.
Tne Anaheim cooperative factory will be
conducted IN tie same manner as the Chino,
sugar will go diI ect to the farmers and the SUBJ
scribers to this corporation, of whi ch there
are now I'll, and not In the hands of monopo-
lists.
Three hundred and thirty of the 4Ol 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 1t has become
the leading industry in Germany.
The company has a trained corps of expe-
rienced beet sugar men, including thorough
manager, ready to run the factory as soon as
completed, and has every reason to believe that
on the co-operatiye plan will do as well, If not
batter, than the Chino. Mr.. Richard Gird, to
whose indomitable energy, perseverance and
sagacity belongs the credit OF establishing the
factory at Chino. is one of the subscribers to
this corporation, and an enthusiastic supporter
OF the Anaheim Co operative Beet Sugar COM
pany, of which Mr.. C. Dyer of the Hivarado
sugar factory il also large stockhoder.
This corporation Is not intended as land
speculation, but as an auxiliary to the Ana
helm Cooperative Beet Sugar company, and as
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 Stearns Rancho company is selling 1t to
this corporation SO 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 operation this land is
worth to the SUBSCRIBER $3.50 per acre, the
two year, from $50 to $3.50 per acre, and finds
ready sale at that price.
The subscription lists are now open at the
UNIVERSITY BANK,
Corner First and Broadway, Los Angeles