Arizona republican., 1906-06-17
GRANDE PROJECT
 tFFECT ON OLD LANDS
A statement of a Plan for the Bene-
 fit of All.

A lengthy story was published in these columns sometime ago, descrip- tive Of the project of J. Ernest Walker and associates for the copstruction of an ample and reliable system of water supply and distribution in the Casa Grande valley. Concerning the effect of this project on the old lands in that valley that have been cultivated at some time, the Florence Bade makes the following explanation and appeal:
 By reference to the amended articles of incorporation of the Pinal Water company it will be seen that the water shares issued and to be issued, are di- viGed into four series. The first series, consisting of 25,0000 shares, has been issued and fully paid up. The series is the preferred stock and covers the first 5000 inches of water diverted into the canal, and will irrigate 25,000 acres Of land. The second series of 25 900 shares will not be issued till the com pany shall have developed, by pump ing. storage or other means, 5000 inches of water in excess or independent of the first 5OG0 inches appropriated and covered by the first series of stock. The third and fourth series will not be issued till an additional 5000 inches of water to be covered by each of said is sues shall have been developed. The series will have priority in the order of their issuance. It can be readily under stood that under this system the hold CTS O. idle, speculative lands can be cut out. if they do not immediately list their lands and bring them in under the first appropriation. After placing the first 25,000 shares on the listed land the company will have exhausted the Cla icrI,t he Valley Canal company, and the next 5000 inches of water developed. by rais- ing the underflOw. or by pumping, will be a new appropriation, entirely inde- pendent of any former appropriation and not subject to any claim under the oil water rights of the Florence of Casa Grande Valley Canal company, hence this second series of water shares may be sold by the company to new lands or new settlers on government land. In view of this fact, the non-residents who are holding lands under the Casa Grande canal as a speculative inv est ment will find that they have missed Cn opportunity 10 save themselves if they do not get in now and list their lands with MT. Walker Without wat CT land here is not worth five cents per acre. with water there is no more val able land Oh earth. But it takes money to put water on this land and the men who furnish the coin are not going to let the speculators pocket the Fl ofits resulting from he investment
 This is natural; this is common busi- l.es5 SenSe.
 It is not the intention or desire Of MT. Walker and his associates to drive out the old farmers of the Casa Grande valley. They want all the old farmers to remain and cultivate their lands and will recognize their old water rights end furnish them water under ths terms of those rights when there is water ir the river. But they will not furnish them water under the old wat CT rights from the pumping plants to
 be installed at the head and at other points along the canal. The pumped water is independent of the old appro- priation and if the old water right own CTS desire to get the benefit of this new water supply they will have to buy water share in the new canal company and these ~hares will be sold only ta the bona fide farmers who are cuIti- Vating their lands and not holding them for speculative purposes. These water shares are not the same as the old water rights which simply give you a