Clipped From El Paso Herald
Bromide. Okla., Sept. 4.—The Rio Grande Valley Colony company, of Guthrie and Kansas City, has been organized by St. Louis, Kansas City and Guthrie capitalists, for $1.000,000 capital stock, $600,000 of which was paid up. the balance to be paid in Jan. 1st. 1909. A tract of land in Presidio county, Texas, consisting of 130,000 acres, recently secured from the Milton Tootle estate, of St. .loe. Mo., will be divided into small tracts and sold to Swedes, Norwegians and Germans from North Dakota. Iowa and Nebraska. It is proposed to sell the land in tracts from 40 lo 160 acres, to be paid for running over a term of several years, without interest. Another feature of this colonization scheme is to improve a number of hot springs on the tract, and the promoters declare this water is superior to the famous Arkansas hot springs. It is said to be 146 degrees Fahrenheit, and highly impregnated with quicksilver. The nearest spring to the railroad is about 20 miles, but the company is soon to establish a motor car line between Marfa, the county sear, and the hot springs on the company’s holdings. It is said that several railroad officials are interested, and the names of Stilwell and Harriman are mentioned, llarriman is a director in the Milton Tootle National bank, of St. loe. and j Mr. Stilwell is building the Orient line across the lands just purchased by the new colonization project. Col. John D. Cameron, of Bromide, one of the principals in the new organ isation, said today that two large transportation companies, were behind the scheme and a special effort would be made this fall to induce a thrifty class of Germans and Norwegians to settle along the Rio Grande valley. He said irrigation was an easy-matter, but numerous farm products could be raised without irrigation. This tract lies about 200 miles east of El Paso and 425 miles west of San Antonio.