12 | NORTH SHORE BREEZE 
BIRD COMPANY 
60 STATE STREET, : ~ BOSTON 
To whom it may concern: 
OR the purpose of engaging in a general land and cattle business, of loaning money to others similar] ly 
gaged, or for doing any or all acts of business permitted by ae charter of the company, you are a 
purchase common stock of a Company now in process of organization. 
Said stock will be sold at par of $10. per share and payments for the same to be made in fou 
payments on April Ist, July Ist and October 1st, 1915, and January Ist, 1916. Should any person 
to pay the full amount at once a cash discount of 8 per cent will be made and the certificates deliv 
soon as they can be prepared. 
The estimate of expenditures and receipts given herewith was made after careful analysis and co 
ation. It was then submitted to several men engaged in the cattle business and their comment was e 
favorable to it. One of these men was Mr. J. N. Robinson of the First National Bank of Globe, Arizon 
Robinson is thoroughly familiar with the business of buying, raising and selling cattle, and his reply i 
herewith. He also grants us the privilege of referring to him and we take great pleasure i in so doin 
We have located this business in Southern Arizona for the reason that the climatic conditions dos 
quire shelter and the land is cheap at present either for purchase or lease. Because the land is so cheap 
because the grazing area throughout the country is constantly diminishing these lands should advance mate 
ally in price and so be an added source of profit to the Company. 
We have secured the services of a thoroughly capable and experienced man to take the rianagemeae 0 the 
ranch end of the business and options have been taken upon the land. 
All shares will be sold at par; no bonus has been, and none will be given. Every dollar subscribed will 
be used in purchase of that which will produce returns. 
Subscriptions may be made direct to the Company, or, for the convenience of those in this vieinity, may 
| be made at the Manchester Trust Company, who will issue receipts for moneys paid. 
BIRD COMPANY, 
| By F. P. KNIGHT, for the Directors.  _ 
March 19, 1915. | 
Starting with 200 head at $50 average cost; keeping 0 o1 e 
third and selling two-thirds of increase. 
INVESTMENT Start of Year End of Year Increase Keep Sell a 
House, buildings and land $ 6,500 Ist yr. 200 head 200 head plus 120 40 80 @ $3 
Horses and incidental equipment 1,500 2d 200 2000; re 120 40 800% Ks 
200 head cattle 10,000 2-yr.-olds 40§ 
rer wares SC ino o0 pe 240 Pet tae = 144 48 96 ‘ 
$18,000 &< 40 § 
Interest eye 4th ‘ 280 « 280i‘ <‘* 168  560itemme 
; 1,080 ie 23 
Taxes i °360 oth “ 328 “ 328. ‘* <‘* 196 65 137s 
ce 5 
: 150 56 § 
Tabet 1,500 6th" 384 * S84 [Fae 231 
——-— ot 65 § 
$ 3,090 440s 
Add 10 per cent contingent expenses 309 Casi 
$ 3,399 
6 yrs.|| Value of 449 head at $40 $17,960 | ranch reached, the bus 
Type lleedhunabed fox personne ere umm noe ‘“ land and buildings ___6,500 | be carried on with 400 | 
Original cost 18,000 $24,400 | Tee 
Total cost $38,394 The herd would be kept youn Less on 
Less cash received _ 21,900 || and strong by See at ae of . 
Nt cost $16,494 cows instead of calves, and allow- $18,000) $3,200. 
—— ing a percentage of the calves to ee 
grow. Also by exchange of stock Plus .06% 
for new strain. » J 
a a a a a a 
a a ae a Ce a A A a 
