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Show PAHVANT VALLEY LAND CO. Nephl Anderson, of the Pahvant Valley Val-ley Land Co., was in town this week and we learned from him aomethlng about the operations of thla company. The company owns over 20,000 acres of land on the east aide and la now clearing and plowing 6000 acres of dry land preparatory to putting It In grain next fall. They use two oil engines each of which hauls a plow of 14 gangs. Thla land lies mostly between Fillmore and Holden. They also ex peel to put in about 1000 acres of irrigated ir-rigated crop north of Holden around Eight Mile Creek. The company owns about ftooo acres of sub-Irrigated lands between Fillmore and Kanoah. The water in these lands rises sufficiently suffi-ciently near the surface to make surface sur-face Irrigation unnecessary. The company com-pany Is platting 4000 acres of this land Into 10-acre tracts 20x80 rods In site; and Is adopting a novel method of handling it. It sella the land at $200 per acre In ten annual payments. The company will clear and plow the land during 1913. and In the spring of 1914 will seed the land to alfalfa under the direction of an expert. The company will properly rare for the land and crops for ten years, and give the purchaser half of the net seed returna each year. As an additional safeguard safe-guard to the purchaser the company Insurea him during the life of the contract con-tract so that If he dies before the contract con-tract matures the land la deeded to his helra without any further payments. According to the figures' of the company, com-pany, the purchaser will receive $405 per year for his aeed for eight years, beginning with 1915, so that he will get back $700 more from his land than ho paid for It. While the land will undoubtedly un-doubtedly produce better crops of seed under the direction of an expert than an average farmer can raise, we are not certain that the high average glv-en glv-en by the company can be maintained during the entire period. Hut even If the return are cut down one-half the Investment looks like a very safe one. The company began Ita selling campaign cam-paign on Monday of last week and has already bad to double Ita office force. The proposition Is certainly a much safer one than the orchard companies that are oieratlng on a somewhat similar plan. Itoth the crop and market mar-ket for alfalfa seed are much more ctrtaln than that for apples. An additional element of aafety for the purchaser la the fact that the Federal Fed-eral Guaranty Company of Washing ton Issuea a gold bond to every bona fide purchaser, agreeing to pay him. at the maturity ot the bond, the full amount of the purchase price In case he wants to dispose of the land. It looks aa If the Pahvant Valley Land Company will be a big agency for the development of eastern Millard. Certainly Cer-tainly no part of the state stands more In need of new blood and morecapl-tal. morecapl-tal. The oteratlona of this company will undoubtedly result In the early construction of a railroad into that section. |