198 APPENDIX. 



when on my ranch this spring. I saw so many ways 

 for improving the business and increasing the profits 

 with the use of capital that I came East with the deter- 

 mination to form a company and carry on the business 

 on a proper scale to realize the largest possible profits. 

 Everybody is satisfied that it is the business of the 

 future in this country, and capital is rapidly but 

 blindly turning toward it. Men of experience in the 

 business are needed to direct it successfully. I may 

 here add that I have dealt in stock, more or less, all 

 my life, and have been in the cattle business in Colo- 

 rado for the past six years. I propose to form a joint- 

 stock company, under the laws of either the State of 

 New York or Connecticut, with a capital stock of 

 $500,000, for the purpose of carrying on the general 

 business of raising, buying, fattening, and selling beef 

 cattle, and perhaps butchering and transporting by cars 

 to Eastern markets. I am now, and have been for the 

 past six years, part owner of the cattle and ranch of the 

 Huerfano Cattle Company, situated on the Huerfano 

 and Apache Rivers, in Huerfano and Pueblo Coun- 

 ties, in Southern Colorado, about thirty miles south 

 from Pueblo City. This ranch extends along both sides 

 of the above rivers for a distance of eleven miles, and 

 controls the adjoining Government lands as a grazing 

 range. The title to this ranch is held by United States 

 patent. The cattle now number between 5000 and 

 6000 head, and are American improved from Texas 

 cows through Kentucky bulls. Men who have seen 

 our stock say that we have the finest cattle in the State. 

 With a view to forming this stock company I have 



