The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1910-04-09
STOCKHOLDERS ARE SELECTING LAND

the fumes, main canal and new lat
erals, and the water will be turned
into the ditch Saturday, the 9th, and
In readiness for all who wish to ap-
propriate 1t. The stockholders are
examining the lands now. Saturday.
April 9th, at o'clock, has been set
as the date when selections will be-
gin to be registered and continued
until all have made selections. There
is a little chance for the public to
get in on some of this land, as a
number of the stockholders are nom
residents living at considerable dis
lance, and instead of making selec-
lions of land and developing it, they
have directed the company to sell
their lands at appraised prices and
return them the proceeds. There
will probably be some hundred or
more acres of land that the public
will have a chance at in this way,
and wherever the same selection is
desired by two or more persons, be
they stockholders or outside buyers,
they will have to bid it in competi-
ton and the selection will go to the
one paying the greatest premium over
the appraised valuation. 1t was as
serted by some of the appraisers
that there was land appraised at not
| to exceed half the actual commercial
value, but it had to be valued down
to meet the 5000 average value Of
the whole amount plated.
The allotting of these tracts means
| that several hundred people will soon
take up residences on these lands,
and an immediate settlement and
town will spring up, as by magic, and
with the rapid and extensive devel-
opment of these lands, and the prox-
unity to Soap Lake and all being on
the railroad and adjoining townsite
and station, the values can't help but
rapidly advance and soon mount up
| to doubling and redoubling, and this
aside from their real intrinsic worth
for what they will produce in the fin
est fruit.
When the company was reorgan-
lied in January, each stakeholder in
the old company was given the same
proportionate interest in the new
company, and in addition. an acre of
land with perpetual water right, for
individual holding or to sell II
chosen. The new company incorpor-
ated under the name of "Stratford
Irrigation Company and is COM
posed of the same stockholders with
the same proportional interests as
was the Adrian company, and every
thing belonging to the Adrian COM
pany was transferred to the Strait
ford company and becomes the COM
pany holding, except the 1900 acres
of land to be allotted the stockhold-
ers. The transfer of the holdings OF
the old company to the new company
was made the first of the present
month, and the new company as
sumed all obligations and response
bilities of the old company, and is
now in charge of and conducting the
/ affairs of the company; and the Ad-
rian company will soon disincorpor-
ate and pass into history recording
I how a good project evoluted into
better one, for both the private hold
ers and the general public.
The first annual meeting of the
! stockholders Of the Stratford Irri-
CATION company was held Tuesday.
April 5th, when the following board
of directors was elected: Jas. E.
Whatley, j. w. Laney, P. l. Levan-
der, Edward Rainford and c. E. Fo-
gelquist. Jas. E. Whatley is presi-
dent and Virgil H. Railey is secre-
i tary, they holding the same offices
in the Adrian company.
The name dedicated to the new
tracts plated, also the townsite, is
Grant Orchards" taking the name
! of the new county in which situated,
and with such promising future,
which, as well as the many promis-
ing and advantageous surroundings
: about the locality, are known and
need no discussion here and now.