The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1912-08-13
ORGANIZE TWO
BIG COMP ANIES
Business Men Of Three Coun
ties Plan Extensive Opera
ton i'm Northern Land
SCHUYLER IS MADE SECRETARY
Keefe, ]. C. Jackson, Pfaender.
Hardy, Farrell. Hopkins
Are Stockholders


Business and professional me n
prominent in Redwood, Brown and
RenYillecounties met at North Red
wood Saturday night and perfected
the organization of the Mahnomen
Land Company which is TOT operate
in the purchase and sale of lands in
Northern Minnesota. The stock
holders adopted articles Of incorpor-
alton and the company will have a
capitalization of 5000.
In addition to the organization of
the land company, steps were taken
by the same group of men to organ
ize the Mahnomen State Bank, and
application for charter has been
made.
SchueIIer is Secretary
B. G. Schueller, retiring sheriff of
Redwood county, was named secre-
tary and treasurer of the land com
pany and assumed active charge of
the concern this week. He left for
Mahnomen Monday IN company with
two other stockholders. Thomas Ar
nett of Redwood Falls and Frank E.
johnson, an attorney of Bird Island.
Those Present at Meeting
Those who attended the meeting
an North Redwood besides Messrs.
SchuelIer Arnett and Johnson, were:
j. Nj. Hardy, cashier of the Security
State Bank of North Redwood, j. r.
Keefe of North Redwood. represent
tative of Redwood county; p. r.
Farrell of North Redwood; j. q.
Jackson. president of the Farmers
and Merchants State Bank of Nor
gan; Representative Albert Pfaen-
der of New Ulm; C. w. Heiman. H.
E. Grassman. cashier and assistant
cashier of the Citizens State Bank
of Fairfax; A. E. Carver, cashier of
the State Bank of Fairfax, Senator
Frank Murray of Bird Island and
Representative Frank Hopkins of
Fairfax.
jackson is President
Mr.. Jackson was chosen as presi-
dent of the corporation, Mr.. Heiman
will be vice president, Mr.. Schueller
northumberland, and the direc-
tors in addition to the officers are
Messrs. Arnett, Keefe. Hardy and
hurry.
The investment of local capital in
northern Minnesota lands is in line
with movement general through.
out the state, that of developing the
lands within the commonwealth in
preference to Canadian and western
lands.
The state immigration bureau has
been active in advertising the north
ern part of the state as offering the
best facilities for agriculture that
can be found in the world and a
steady DEVELOPMENT of the country
has been in progress for some time,
with constant appreciation in the
value of the lands, both wild and
improved.
Opens Headquarters
Mr.. Schueller. in company with
Messrs. Arnett and Johnson, opened
the headquarters of the new COM
pany in Mahnomen. the county seat
of the county this week. While the
main operations of the company will
be conducted from that point, branch
offices will be maintained at Red
wood Falls. North Redwood. Nor
gan, Fairfax. New Ulm. Lamberton
and Bird Island and will be iii charge
of resident stockholders. Tie COM
pany has opened negotiations for
the purchase Of 10000 acres Of wild
and improved land that has been
offered it and is prepared to go
ahead with the business. Choice
farms win be bought and sold in.
Mahnomen and the adjoining coun-
ties Of Becker, Clay. Marshall, Polk
and Norman.
All Well Known Business Men
The Mahnomen State Bank will
have stockholders identical with