The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1910-09-28
PROJECT LAUNCHED
FOR CLERKS COLONY
Company Organized and
Large Tract of Land
Purchased.
Continued from First Page)

Vice president. William D. Mackenzie,
( War Department
Secretary, y. c. Allen, Department OF
Commerce and Labor.
Treasurer. Scott Nesbit, Department
/ of Commerce and Labor
The directors Of the company are r
L Dunlap r d. Chase, Hugh B.
I HUTCHINSON, B. n RawI, and Charles
r Nesbit-
The land purchased ~ the company
/ aggregates nearly 200 acres The land
lies near the main line Of the Southern.
fOrty-eight minutes Tlde from Union
Station The schedule is adapted to
1 Government clerks hours
The Fairfax county site was chosen
after inspection Of land in different parts
OF Maryland and Virginia because OF its
healthfulness and good water supply
was assured.
The tract is 40 feet above sea level.
( About 200 acres IS adapted for building
| sites, and the rest VIII be divided into
/ small farms. where Overnment clerks,
who have a taste FOR agriculture may
! experiment TO their hearts content
Advantages Of the Colony.
The advantages Of the colony plan will
7 be apparent 10 those who buy land for
farming purposes. The company viii ar
range 10 supply labor, teams, nipple
ments, and other farm accessories to
members of The colony at the lowest
possible cost This viii eliminate the
greatest barrier 20 carrying on indie
pendent farming on a small scale
I While the company is not primarily
a mOneE-makiIE scheme the directors
hop etO pay Investors dividends at an
early date Stock is being sold in shares
of 500 each with a discount of 10 per
cent 10 buyers who pay each cash This
VIII amount 20 the same as the interest
buyers on the inStalmeut plan must pay
f. lnstalmeut buyers must pay in forty
mi Inn
share
The authorized capital Of the company
IS S5G,0l0- Without any advertising or
attempt to distribute literature about
already been subscribed
Benefit TO Small Investors.
In discussing the project, Charles r
NeSbit. a director, today said
Cooperation in securing homes Is one
of the most practical methods Of mutual
heiDfulness. People Of samlI means
can thus secure the advantage Of whole
sale buying This present movement
phases within the reach Of anyone a
farm OF any size from one acre UP 10
twenty At tho lowest posi- bic cost on
easy payments and gives every security
20 The purchaser
The work which is so difficult for the
single individual owning a little piece Of
ground can De made much easier and
his expenditures greatly reduced II is
the purpose of this company 20 buy fer
tilizeT. lime, and manure in carload lots
and sell Il il such quantities as each
member may want at actual cost
Tho problem OF plaUshinE and pre-
pairing the land for gardens can also
thus be done very much sheaper than
an individual operating alone could get
them done The same principle viii ap-
ply in ten matter Of fuel
Ample Supply Of Fuel
sThe first tract Of land purchased has
ample wood supply for many years This
viii be cut and cured fer and sold to the
Individual at actual cost
We VIII he able 10 utilize for the
common benefit the expert knowledge
that many individuals have gained by
long experience The same. principle
viii De applied 20 buying lumber and
building supplies AT wholesale prices
1T Is the intention OF the company
10 watch carefully ali expenditures and
see that everything done IS done eco
uOmicalIy- The saving and benefit thus
arising VIII go 10 the members and not
10 q few individuals as IS naturally the
case in more speculative subdivisions