To Exploit A Big Land Project 9/4/1909

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To Exploit A Big Land Project 9/4/1909 - BIG LAND Syndicate Formed to Put Ten Thousand...
BIG LAND Syndicate Formed to Put Ten Thousand Yucaipa Acres On the Market. REDLANDS, Sept. 3. The "Facts" says: The Redlands Yucaipa Land company, of this city Is the name of the new $1,000,000 corporation Just formed In this city for the development of the Yucaipa valley and disposal of the 10,-000 acres of valuable lands procured. Five of the seven directors are residents of Redlands. To Invest a Million. A meeting of most of those interested In the new proposition for the development of the Yucaipa yallov was held in this city this afternoon in the directors' room of the First National bank and the incorporation pupers flnaaly shaped up for filing. They will be filed for record at once. The new corporation will be known as the Redlands and Yucaipa Land company, and the capital stock is placed at $1,000,000, consisting of 10,000 shares of the par value of $100 each. Tha Incorporators. The principal place of business and offices will be In this city. The Incorporators aro F. P. Morrison, E. M. Lyon. J. H. Logle. E. S. Graham, B. B. Harlan, (formerly of Chicago) all of this city, and J. M. Neeland and M. H. Newmark, of Los Angeles. The corporation has procured nearly all the arable lands in the Yucaipa valley, consisting of a total of 10,000 acres. It has been surveyed several times and will now be re-platted Into tracts which will make It an easy matter for any settler to be suited. It Is expected that the town settlement, once proposed under the name of Yucaipa City, will be Included in the plans for the development of the valley. One of the first steps to be taken will be the construction of the electric rail road fom Redlands to the Yucaipa City townslte. ID EMO LA on cpt DUJlu

Clipped from
  1. The San Bernardino County Sun,
  2. 04 Sep 1909, Sat,
  3. Page 1

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  • To Exploit A Big Land Project 9/4/1909

    mau3580 – 26 Dec 2013

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