20 NORTH SHORE BREEZE and Reminder 
BIRD COMPANY 
60 STATE STREET, ee OS aE 
To whom it may concern: . 
OR the purpose of engaging in a general land and cattle business, of loaning money to others similarly 
gaged, or for doing any or all acts of business permitted by the charter of the company, you are askec 
purchase common stock of a Company now in process of organization. rm 
Said stock will be sold at par of $10. per share and payments for the same to be made in four eq 
payments on April Ist, July 1st and October 1st, 1915, and January 1st, 1916. Should any person de 
to pay the full amount at once a cash discount of 8 per cent will be made and the certificates delivered 
soon as they can be prepared. 
The estimate of expenditures and receipts given herewith was made after careful analysis and consic 
ation. It was then submitted to several men engaged in the cattle business and their.comment was entit 
favorable to it. One of these men was Mr. J. N. Robinson of the First National Bank of Globe, Arizona. | 
Robinson is thoroughly familiar with the business of buying, raising and selling cattle, and his reply is gi 
herewith. He also grants us the privilege of referring to him and we take great pleasure in so doing. 
We have located this business in Southern Arizona for the reason that the climatic conditions do not 
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 mat 
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 management of 
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 1 
be used in purchase of that which will produce returns, i 
Subscriptions may be made direct to the Company, or, for the convenience of those in this vicinity, n 
be made at the Manchester Trust Company, who will issue receipts for moneys paid. 
BIRD COMPANY, oe 
By F. P. KNIGHT, for the Directors. 
March 19, 1915. 
Starting with 200 head at $50 average cost; keeping on 
third and selling two-thirds of increase, — 
INVESTMENT Start of Year End of Year Increase Keep Sell Present Mai 
House, buildings and land $ 6,500 Ist yr. 200 head 200 head plus 120 . 40° 80 @ $30 
Horses and incidental equipment 1,500 2d “* 200 “ 200 t 120°. 40 80 ce 
200 head cattle 10,000 2-yr.-olds 40 § ee 
lee meen ad ** 240 *s PAE een 145 a OG. 6a 
$18,000 3 40 § : {ma e 2 
BME a Feo) 4th ‘ 280 “ 2800 "168 aie 
dee) : 1,080 Ba aes Bas Ds 
hres $ eh 5th 6< 328 z3 328 (a3 “ec 196 65°131 ‘c B35 
. é 56 § 
150 
pietae naan 6th “ 384 « 384.  93T O31 
ap iatense ee 65 Spee 
$ 3,090 Larrcy 
Add 10 per cent contingent expenses 309 CGacwaretneis 
$ 3,399 Now with safe capacity 
6 yrs.|/ Value of 449 head at $40 $17,960 | ranch reached, the rhea 
Total estimated expenses 6 yrs. $20,394 ‘* land and buildings 6,500 | be carried on with 400 hea 
Original cost 18,000 $24,460) ee ee 
tags bY te TEEN at ; 
Total cost $38,394 The herd .wenttihone Less expenses 
ey caaho ree elvan pt young 
Less cash received 21,900 and strong by occasional sale of eS BB 
Net cost $16.494 cows instead of calves, and allow- $18,000) $3,200. 
a ing a percentage of the calves to PART % 
grow. Also by exchange of stock Plus .06% int. 
for new strain. 23 7-10% 
= aa a a aE ARNE D RET 1ST PETIPY SA PGT INA IPTC NEP TORT AON "PREAMBLE Pes meee tare 
LT 
