Las Vegas age. [volume] (Las Vegas, Nev.) 1905-1947, 1906-05-05
THE MUDDY VALLEY
IRRIGATION COMP ANY
A Corporation That is Play
ing an Important Part in
the Development of South
ern Nevada

On Saturday last the stockholders oi
the NJ V. |. Co. were called To- or'ier nj
Ovcrton. holding Il session which ad-
jonrncd late Monday evening,
Perhaps this is one ri the most com
prehcnsivc corporations in Southern
Nevada, yet little ui it, proceedings have
been known in the past, without its inn
mediate vicinity. 1t is not spccu-
lative corpnatiun, it rnlicits no bust
ness: it is an organization W the
people, 10y the pcorlcand for the people.
z II CONSISTS of Il union "f practically all
the water rights in the lower Muddy
Valley. it, waters 1T present lrr'gat"
some three thousand acres of land. 1t,
subscribed stock covers some seven
thousand acres, or practically all th"
land in the lower valley susceptible oi
irrigation Bcin. combination Tor
the protection oi the small farmer, it j.
unique.
Its -tockhuldcrs met at this time to
re-ucorporIte under the new incorpor-
alton laws of the State nt Nevada. Its
president and secretary treasurer have
been authorized to file with the SeCrc-
tarN ui State amended articles at IN
corporation. These articles will proNId
l"r classification oi the stock. Through
an agreement entered into between the
Irrigation company and the Nevada
Land and Livestock company, the latter
ui which has recently made application
with the State Engineer for apprupriH
tiun uf 1000 inches ol water, all surplus
water in the Muddy river which has not
heretofore been put Ia q beneficial use
will come into possession Uf the Muddy
Valley Irrigation compat'y. This agree
mcnt j. oi vital Importance to the pros
rerity nj the Muddy Valley, inasmuch
~ i, will cifcctually shut out all private
ownrrShipof reservoir and canal schemes
which have been manipulated in Cali
fornia and other sections greatly to the
,etrimcnt nf the development ul com
muniti.s and the welfare of those en-
gagged in small farming, 10y reason oi
the fact that such private Spectators
invariably cNtort unreasonable rentals
from the consumers.
The preferred stock "l the company
will command one rnrii al water | "r
share between Mag lsi and October lst'
AMI onc-hali inch per rlr'r" between
October lst and Ma, III,
tine oi such preferred shares, 1t l. es-
timatcd. will irrisate unc acre nj prop
crly prepared farpring land the entire
wear. The remainder al The stream will
he divided between The common stock
Of lhc company.
l;v means uf this classification the
stockholders of tie Muddy Valley am
ticipatc bringing under cultivation and
irrigation in the near future some 800
acre, uf heretofore arid land
The prnIurtivene-s of Southern Ne
ya,la i'm agriculture Is fast being demon
strated. Farming lsnd un the Muddy
has doubled in price within the last
year. Land with perfected water right
i valued at k5O per acre without IN
proyemenis Lincoln county pr~lu'e
i -ainin. wide reputation.
Muddy cantaluules will lead the market
thi- wear FfrIshter- will !" ~ de
man, aiteg ,lU'l ~ ,vf irei-htn- :utt
GA. i" Moala. Fruit and vegetable
Packers will he in demand Tor the re-
inainder OF the season.
Now that railroads are established.
the future of Southern Nevada i in I
deed bright.