152 



THE IRRIGATION AGE. 



The increase in value of breeding stock will more 

 than compensate for decrease in value of buildings 

 and implements by reason of tear an wear. 



At the commencement of the second and third 

 years, the annual interest on the outstanding balance 

 would fall due. Such an amount, however, could be 

 amply provided for from increased returns accruing 

 from sales of live stock. At this juncture it might be 

 to the interest of the settler to reduce the principal 

 outstanding on the purchase. 



At the expiration of these three seasons, if not set- 

 tled for before, the colonist, if he be wise and frugal, 

 should have acquired some $3,000 wherewith to meet 

 his second instalment of $800 due the first of the en- 

 suing year. The fourth year his orchard would, with 

 intelligent management, add $400 (that is, eight acres 

 at $50) net profit; the fifth year $75 per acre, or $600; 

 the sixth year the ranch could be cleared of all in- 

 debtedness and so revert solely to the purchaser; the 

 orchard would then and thereafter annually upon an 

 average augment the net income to the extent of $800, 

 rendering aggregate yearly net return of from $1,800 

 to $3,000 for an original investment of $3,000. 



The increase in land values, resulting from sur- 

 rounding improvements, must also be taken into 

 account, together with the market and transportation 

 facilities. 



KERN COUNTY THE PLACE. 



Readers of THE AGE who are looking for homes 

 on irrigated lands, where good and steady profits will 

 reward modest investment and reasonable industry, 

 should get all the facts about the Kern Delta. Ad- 

 dress Kern County Land Co., S. W. Fergusson, 

 manager, Bakersfield, Cal. 



Follow future articles in this department. They 

 will be: 



OCTOBER: Character in Communities, describing 

 the company's plan of application blank for home- 

 seekers to fill out. (Illustrated.) 



NOVEMBER: Civilizing a Section of Land, describ- 

 ing the remarkable modern improvements the com- 

 pany will supply to a colony purchasing a section. 

 (Illustrated.) 



DECEMBER: Electrical Future of Kern Delta, show- 

 ing the results to follow the installation of a great 

 plant, and the manner in which electricty will be 

 applied to industrial and household purposes. 



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LOOMIS & NYMAN, Tiffin, Ohio. 



The Trust Company 



OF 1 



CAPITAL PAID UP, 



$700,000. 



Bank Block, Denver. 

 Crawford Building, Topeka. 



OFFICES: 



Gibraltar Building, Kansas City. 

 Provident Building, Philadelphia . 



John R. Mulvane. 

 T. B. Sweet. 

 Joab Mulvane. 



DIRECTORS: 

 Geo, M. Noble. 

 Henry Taylor. 

 H. C. Flower. 



Frank J. Balrd. 

 N. R. Ferguson. 

 H. J. Page. 



REAL, ESTATE LOANS NEGOTIATED. 



First Class Irrigation Bonds a Specialty. 



Street f^aihxiay Bonds... 



...Irrigation Bonds. 



EDWARD FORSYTHE, 



Drexel Building, PHILADELPHIA. 



JUST FtEIADV 



LAW OF IRRIGATION. 



By CLESSON S. KINNEY, ESQ., of the Salt 



.Lake City Bar. 



One large octavo volume, 832 Pages; Bound in Full Law Sheep. 

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309-317 Market St., San Francisco, Cal. 



