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Group Title: Co-operative Orange Growers' Association of Washington, D.C. prospectus
Title: Prospectus
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Permanent Link: http://ufdc.ufl.edu/UF00055208/00001
 Material Information
Title: Prospectus
Physical Description: 11 p. : ; 15 cm.
Language: English
Creator: Co-operative Orange Growers' Association of Washington, D.C
Publisher: Co-operative Orange Growers' Association of Washington, D.C.
Place of Publication: <Washington D.C
Publication Date: 1885?>
 Subjects
Subject: Agriculture -- Florida -- Sumter County   ( lcsh )
Citrus fruits -- Florida -- Sumter County   ( lcsh )
Sumter County (Fla.)   ( lcsh )
Genre: non-fiction   ( marcgt )
 Notes
General Note: Caption title.
General Note: Proposal for potential investors in 80 acres of land in Sumter County, Florida to develop into an orange grove.
 Record Information
Bibliographic ID: UF00055208
Volume ID: VID00001
Source Institution: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: aleph - 002654479
oclc - 01835809
notis - ANC1521

Table of Contents
    Title Page
        Page 1
        Page 2
    Prospectus
        Page 3
        Page 4
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
        Page 10
        Page 11
Full Text



THE
CO-OPERATIVE


OPArGE 0toWE4s AssoctATIo
OF

WASHINGTON, D. C.

OFFICE:
No. 916, BASEMENT, F STREET, WASHINGTON, D. C
Lands in Sumter County. Fla.
GENERAL MANAGER:
H. L. MONTROSE, Leesburg, Sumter County, FIl
OFFICERS:
PRESIDENT, SECRETARY,
II. '. ROOERS, Dep'y Corn. In. Rev., D. F. IIAMLINK,
Washington, D. C. Washington. D. ,
R. T. PHILLIPS. Treasurer.
DIRECTORS:
t. C. RO(ERS, H-. H. RAY,
Washington, D. C. Pension Office, Washington. 1). C.
R. T. PHILLPS, Col. JoHN R. THOMPsoN,
629 F St., Wash'n, D. C. 1425 N. Y. Ave., W lsh'n. D. C
II. L. MONTROSE, D. F. IIAMLINK,
Leeshurg. Fla. Washington. I) C.
$ 4uJC UBIRTI
'A KSONVILLE. FLOM








e (Gp. 6704366




PROSPECTUS.
~--< ^ >-----

The Co-OPERATIVE ORANGE GROWERS' ASSOCIATIoN is organized
for the purpose of bringing into bearing an orange grove of 80 acres
on one of the most beautiful locations in the State of Florida. A
careful perusal of the plan herein presented will convince the reader
that this Association offers the easiest and most feasible plan yet
presented for the acquiring a competency within a period of four or
five years.
LAND IS THE BASIS OF WEALTH.
Nowhere else in this country has land appreciated in value so
rapidly as iu the State of Florida, one acre with 69 hearing orange
trees being counted as worth from one to two thousand dollars cash
in the market, and further on it will be demonstrated that an invest-
ment of $125 in this Association, scattered over a period of two years,
will, within five years, bring you a permanent income equivalent to
an investment of ten thousand dollars at six per cent.
DESCRIPTION AND LOCATION OF LAND.
The lands of this Association are located in Sumter County, Flor-
ida, a little over 100 miles from Jacksonville (as the bird would fly)
in a southwesterly direction, in a country known as the "Lake
Region." This is the highest district of the State, being over 20C
feet above tide water, giving this section the perpetual and uninter
rnpted breezes of both the Atlantic and the Gulf, distant only 50






4

miles to the east and west. This is the backbone as it were of the
State, the waters of Lake Montrose bordering on the lands of this
Association, flowing at high water, part to the Atlantic through the
Palatlakaha River, Lake Harris and Ocklawaha, and part to the
Gulf through the Withlacoohee River. The tract consisting of
eighty acres is high rolling pine land, with a fine clay subsoil from
8 to 20 inches below the surface, which is a rich sandy loam.
Blackmon Station, on the Great Florida Southern Railroad, is only
a 20-minutes' walk, distant 1 miles. There is only one change of
cars between Washington City and Blackmon Station. This.road
carries the great Cuban mail-schedule time 40 miles an hour
Leesbuig is an important town, one of the oldest in the State, distant
7 miles. Three railroads enter the town. Yallaha is distant 5
miles; Broomfield, 4 miles, and Helena P. O. 2 miles: Okahumka
P.O., 1j miles. The location is believed to be the most choice in
the whole State for orange culture, and in regard to situation, soil,
climate, transportation facilities, and social advantages, is certainly
un-urpassed.
It is located just Snuth of the Great Lakes, giving it perfect
immunity Irom frost in winter, the great "bug-bear" of orange
growers, and screens from the heat of summer. Lake Harris, named
hy the Indians Aslatula. signifying "Lake of Sunbeams," is a body
*.f water larger than the Sea of Galilee, being IS miles long by 8
wide, and is distant only 2j miles.
Lake Montrose borders on one corner of this property. It is a
lovely little sheet of water, clear as crystal, covering 20 acres, and
25 feet deep. It is full of fish-black bass. weighing from 10 to 17
pounds, being frequently caught.
The little river, Palatlakaha, about 60 miles in length, also runs









along one side. This stream is never dry; has a current of near
five miles an hour, and is also full of fish.
HEALTHFULNESS.
The healthfulness of this location is perfect; there has never been
a case of sunstroke, hydrophobia, scarlet fever, yellow fever, small-
pox, measles or cholera, in this section. Old physicians here say
they have never known a case of malignant fever of any kind. Of
course there is no rheumatism, pneumonia, catarrb, hay-fever, bron-
chitis, asthma or pulmonary consumption, unless it is imported.
This lake region has not the enervating, debilitating influence inci-
dent to other countries in the same latitude. This unusual salubrity
is believed to result in a great part from our proximity to the sea in
this our insular position, causing as to breathe a dense, pure, and
constantly renewed salt-water air, and from the absence of decaying
matter on this sandy soil. There is also something wonderfully
balsamic in the breezes of their pine forests. Col. H. L. Montrose,
owning an adjoining place, located here nearly 4 years ago. His
family consists of self, wile and three children : be has had no sick-
neps whatever
TRANSPORTATION.

The facilities are excellent, by two daily steamers on Lake Harris.
2J mile. distant, connecting with two lines of railroad at Leesburg.
and by Florida Southern Railroad, distant 1) m:les. All the eastern
and western markets can be reached.
ORANGE CULTURE AS AN INVESTMENT.

There is no enterprise to-day presenting anything approaching the
vast possibilities of orange culture.








WHAT AN ACRE WILL DO IN FLORIDA.
On an acre there are 69 trees. A very fair, safe estimate, in full
bearing, "year in and year out," is 2,000 oranges to the tree, or 13
crates. There are many orchards giving from 4,000 to 6,000 to the
tree, and as high as 10,000 have been picked from one tree. A low
estimate is $2 per crate net. Hence we have 69 trees giving 13 crates
per tree, 897 crates, at $2-$1,794 ; cost of attention and fertilizing
trees, $24 ; net yield per acre, $1,770. To produce these results, the
orangery should be well cared for, with fertilizer in plenty, and
abundance of water. In 1370 Mr. Herring Hooks planted on the
banks of Lake Harris 1,000 orange trees, from the seed of two
barrels of oranges. In 1881 he refused $25,000 in gold for this
grove, and it could not now be bought for t75.000. This was
a grove brought into bearing from the seed. It then tock from
10 to 12 years to bring a grove into bearing. By budding, a grove
can now be brought into bearing in 3 years, by planting 3-year old
trees with 1-year old buds. A large tree,-(2;) years old,) belonging
to Mr. Brown, at Webster, 15 miles distant, has yielded eighty dol-
lars worth of fruit annually at different tiime..
In 1869, Mr. A. P. Roberts purchased of Col. Lanier at Orange
Bend a few acres of land for five hundred and fifty dollars. He
budded a wild grove growing on it and would not sell it to day for
.75,000. His crop this year is valued at .15,000, and his grove is
not in full bearing. These are but a few examples of the many
spread all around these lakes where hundreds and thousands of acres
are covered with these beautiful groves.
A cotton grower in Florida died some years ago leaving his
family nothing but a despised orange grove of forty trees on poor
black-jack soil. His widow gave attention to her grove and it









soon came to her relief, and has since yielded her a good having.
One tree yielded at length three thousand five hundred oranges
which netted her seventy dollars. This yieli was the fortieth part
of her single acre of grove.
Mr. .os. R. Fort, of Scotts' Mills, has two orange trees, with buds
10 years old, that netted him last year $51. The trunk of a tree
standing on the place of Mrs. Lanier, we-t of Leesburg, measures 52
inches in circumference, and yielded last year 4,000 oranges, which
she sold in Leesburg for $60; this is at the rate of $4,140 per acre.
Reader, you can purchase for $250, scattered over a term of two
years, the equivalent of an acre of bearing orange grove in this
Association.
WILL NOT THE ORANGE BUSINESS BE OVERDONE?
The Iowa farmer, toiling in a great belt of rich lands where mil-
lions and billions of bushels of wheat and corn are garnered, does not
cease his efforts fearing over production. The Texan with his
myriad flock does not abandon the range to ease the wool market.
We have stood at New York in August and September when the
long (dawn trains rolled in loaded with peaches. Many hands
worked lively unloading "until peach carts and baskets piled one
upon another appeared to cover acres and still the trains of peaches
came thundering in, until we turned away saying "Who can ever
,:-t all these peaches ?" Yet the peach business has not been over-
done. Now there are a hundred acres in these States that will raise
peaches for every one acre that will raise oranges. The peach is a
perishable fruit. It must be picked when it ripens aud hastened to
market, while the orange, the queen of fruits, hangs blushing in
ripened beauty from October to March, without injury, awaiting a
customer and a market.







8

We need not fear over production as long as one hundred and
seventy millions annually of the Mediterranean crop find buyers in
our markets, and thirty or fifty millions more are imported from the
West Indies and its vicinity. Florida has not yet been able to fur-
nish more than one in fourteen of the annual supply in the country.
The increase in population and wealth will greatly outstrip the
increase in orange production so that no plethora is possible. If we
vou!d fill our own markets, we have still the whole outside world for
a customer. If EuropeanQ can afford to ship poor oranges to us can
we not afford to ship good ones to them Florida finds market for
much of her crop on her own territory. All Florida will soon be a
vast winter hoarding house, and visitors come to Florida to eat
,ranges, just as they go to Saratoga to drink mineral water. Many
millions are to be consumed in our own lSate annually, so that.
considering the quality of our fruit, and our close proximity to the
great American markets, all fears of over production must quickly
vanish. Orange. can be raised in all parts of Florida, but only a
small part of the State. lens than one fifth, is well adapted to orange
culture. The lands of this Association occupy a choice corner in thi'
last-named section. owing to its elevation, and immunity from frost
on account of its situation just south of the iTreat Lakes. which act
as a barrier, as it were. to the advance of the cold wave wiich
of course always came out of the north.








PLAN OF THE ASSOCIATION.
The Co-Operative Orange Growers' Association of Washington,
D C., is chartered by the State of West Virginia. with a capital of
Twenty Thousand Dollars, divided into Eight Hundred Shares of
Twenty five dollars each. The reason this Association sought its
charter from the State of West Virginia is because there is no per-
sonal liability to Stockholders, and in many other particulars the
charter is more liberal than could be obtained elewhe e.
The Shares ol the Association are now offered for a short time at
par-that is, Twenty-five dollars per share, payable as follows.
Par Value of Shares, $ 25 00
PAYABLE
Ten per cent. on Subscription,. 2 50
Thirty January 1st, 1886, 7 50
Fifteen February 1st, 3 75
Fifteen March 1st, 3 75
Twentv April Ist. 5 o)
Five October 1-t, 1 25
Five October 1st. 1987, 25
$25 KO
By multiplying the number of shares you desire to subscribe for
by the amounts as above stated, you will find what your paymentss
will be. Every share you subscribe anwl pay for will repr.ent to
you, within five years, a value equal to an investment ,f nearly two
thousand dollars at six per cent., as is shown by the demonstration-
"What an acre will do in Florida" We see there a net annual
S yield per acre of J1,770. Each share of stock in this Associa-
tion is equivalent to, and represents one-tenth of an acre of the
Association's Orange Groves.








10

When the subscription to the shares is complete, the Association
will stand in funds as follows:


Ten per cent.
Thirty
Fifteen "
Fifteen
Twenty
Five
Five


capital,


$20,000,
Jan. 1st,
Feb.
S Mar.
April "
Oct.
S Oct.


1886




1887.


TotWl,


Which will be expended as follows
Expenses of Organization, .
Eighty ac es, at .$1(K per acre. due Januaryy 1st.
Cleaning and clearing. at $29 per acre due February 1st,'
Breaking up, at $2.50 per acre,
Fencing with 5 strands barbed wire, due March Ist,
5,520 Orange Trees, at $1.20 per tree, to bear in 3 years.


12,000
6,000
3,000
3,000
4,000
1,000
1,000

$20,000


$ 100
8,000
320
200
620


due Apl 1st, 6,624
Setting Trees, due April let, 86
Freight and Transportation, due April 1st, 72
slt year'scultivation, fertilizing, taxes and sup due Oct. 1, 851
2d dueOct 1,',7, 1,227
$20,000

The third year after setting, the fruit will pay all expenses of
grove. The fourth year there will be a handsome income, and the
fifth year will see the grove well on to full bearing. This will give
trees eight years old as to r ots and six years old as to buds.
Over one half of the entire number of shares-800-are already
subscribed for at par for Cash,,and of course preference will be given
to Cash subscribers in the allotment of shares.






11

Col. H. L Montrose, who owns a young grove adjoining the
property of the Association, is under contract to carry out all the
above provisions. The immediate neighborhood is well settled with
S well to-do northern people, and for the benefit of those whi desire,
in addition to their interest in the Association, to secure a lot or twvo
S. on which they can build at some future time, Col. Montrose has
agreed to set aside ten acres for such members. This will be divided
up into suitable building lots, and offered to the members of this
Association at a fair value.
It may be proper to add that arrangements have been made with
the National Safe Deposit Company of Washington, D. C, for the
deposit of all funds of this Association, under instructions to pay out
I the first and second instalments-amounting to .fS.(O-unly "hen
the proper deeds to the property is securely veste] in the Associa-
tion. This property came direct from the Government, and has only
passed through two persons, so that title is perfect
For each instalment paid in subscribers will receive Treasurer's
receipts, and when the total amount is paid certificates of paid up
stock will issue. Subscribers can pay all at unce if they so desire,
1and receive their shares full paid.



I

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