The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1901-02-14
Weiser Fruit Land & Development
Co. Organized.
Will PROMOTE INDUSTRY
VIII Bring In Capital and Assist In Develop.
ing Town and Country.

The Weiser Fruit Land & Develop
ment Company was organized in
Weiser last Saturday evening, and
the articles have PROBABLY been filed
with the proper authorities by this
time. 1t is undoubtedly an impor-
tant move for Weiser and the man
ner in which the local business men
take hold is very encouraging, indeed,
and augurs we'll for the success of
plan evolved to create an interest in
this locality and bring in capital for
its development
The objects of the association are
stated in the incorporation papers to
be as follows:
The purpose for which this corporation
is formed is. the buying, holding and
selling farm and fruit lands and other
real-estate. The growing of orchards
and fruit gardens. The building own
ing and operating of Canneries, Evapor
ators and such other industrial plants as
may be necessary to handle the products
of the farm, orchard and garden or
which may offer good investment for
capital
To loan money on real-estate security,
to buy and sell bonds Mortgages and
other bankable paper;
To buy and sell live stock, to buy and
sell any product Of the farm, garden or
orchard, to conduct general commission
and forwarding business, and transact
any business incident TO the prosecution,
betterment and development of the fruit
growing and farming industry.
The principal place of business
will be Weiser. Branch offices may
be established as desired at other
places.
The company was organized in or
der to render it unnecessary for
Weiser people to join foreign invest
ment companies of the same char
acter, to keep money at home and
draw to us for investment from
localities a portion of the money be.
ing paid into building and loan anC
other associations at points where the
investment is far less profitable thar
it would be here.
The capital stock of 5000, 900 il
divided into shares Of 500 each
payable 81. 90 per month, thus cover
ing a period of so months in pay
ment.
Weiser mechanics and laborors Cal
become members of the company ant
borrow money to build houses, a
from some outside building and loal
company.
Stock will be sold to all person
applying in all parts of the east o
west and the money paid in will b
judlciously invested in Weiser ant
vicinity in various ways, and al
members will share in the profits &C
cording to holdings in stock. Th
money will be used to install in
dustrial enterprises at Weiser, sucl
as canneries, packing houses, etc.
means will be sought to turn ou
products into cash by shipping, Q
curing, planting of orchards an
other industries will be encouraged
Loans will be made for building puI
poses in Weiser. Those who becom
members will be assisted in securin
suitable lands at Welser, member
who buy lands here will be loAne
money to build upon and cultivat
said lands, their products will b
assured of market through the es
Establishments promoted by the con
pany; in fact the range of possibl
operations takes in too wide fel
10 be detailed here, G. S. Fosse
man will shortly leave for Montan
the interests of the Organization
is confident the stock ofel