The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1910-10-16
GROWERS OF
TOBACCO WILL
LOCATE IN FLA.
KENTUCKY COMPANY BUYS
TWENTY THOUSAND ACRES IN
PUTNAM AND VOLUSIA COUN-
TIES, DEAL BEING CLOSED IN
JACKSONVILLE.

Another land deal of considerable
importance to Florida has just been
contaminated through Brobston & Co..
Of Jacksonville, says the Jacksonville
Times-Union.
The tract sold contains about 10000
acres and lies in Putnam and Volusia
counties, along the line Of the Atlantic
Coast Line railway, between Lake
George and Lake Crescent. This deal
was made through Walter s. Adams
Company, prominent real estate deal
ers Of Louisville, KY, and their as
oociates.
A company has been organized to
handle this tract, known as the Flor
ida Lake George Land Company. The
property purchased by these parties
ID among the most valuable in the
state. The property was formerly
owned by the Crescent Timber Com
pany, who are large turpentine oper-
ators. In the transfer just made to
the Florida Lake George Land Com
pany, the Crescent Timber Company
conveyed not only the land but all Of
its interest In the timber and naval
stores business.
The new company has already sold
the turpentine interest to other par
lies.
Florida Isthnus.
The land purchased might we'll be
called the Florida Isthmus, as it is a
narrow strip Of country which lies
between Lake George and Lake Cres-
cent. On account Of It's location 1t is
peculiarly adapted to the growth of
citrus fruits, vegetables. tobacco and
other crops liable to be effecte By
cold weather, as 1t is protected by wa
ter on both the east and west side.
The new owners expect to begin ex-
tensive operations at once to improve
this property and sell It out in small
tracts to good substantial people from
Kentucky. AS the average Kentucky
farmer 10 familiar with the tobacco
sell . large portion Of these lands to
practical tobacco men and tobacco
growing will be carried on extensively
on the lands they are developing.
To Raise elooded Stock.
In addition to the tobacco raising
some Of the finest blooded stock ever
brought to Florida will be shipped
down from Kentucky and stock rails
Ing Will become an important indus
try In this vicinity. This stock will
Be brought down with an idea of
building mp the common stock usually
found in Florida, by proper breeding.
Il 10 also the purpose Of the new
owners to connect Lake George and
Lake Crescent, by a hard surface,
modern road seventy-f1ve feet wide,
which, when completed, will be one
Of the finest drives in the state Of
Florida. This will be good boost
for the good roads movement in the
state. which is already at fever heat.
The parties composing the Florida
Lake George Land Company are all
strong and substantial business men
Of Louisville. and the property will
BE handled through the we'll known
firm Of Walter s. Adams Company.
A the property has been purchased
BY Kentucky people It demonstrates
conclusively that not only is it true
that the Northern and Western in
weston, but the Southern investor as
we'll, Is deeply interested in Florida
land investments.
In addition to the products refer
red to above. which will be produced
on these lands, the land will also pro-
duce corn. oats and many of the gen.
1ral crops usually grown in the state.
The land will be offered for what
II will actually produce and all state
ments made by the new owners will
be very conservative.
Among other prominent men con-
nected with this company is Mr.. v.
j. Blow Of Jacksonville who Is presl-
dent Of the Jacksonville Cooperage
Company, a director in the Fourth
National bank, as well as one of the
prominent and progressive citizens
Mr.. Blow is one Of the prominent
stockholders in the Florida Lake
George Land Company.
The amount Of the consideration
which was paid for this property could
not be ascertained but it was a very
large one.
This deal, together with others that
have been made in Florida recently,
demonstrates beyond doubt that the
eye OF the investor all over the coun-
try has been turned to Florida. which
il perfectly natural, as 1t is the only
state in the entire Union where good
farm lands can be purchased at a !
reasonable price.