Water rights offered for Lima dam project in Dillon Montana
1908 prospectus promotes 20000 acre feet of water for sale from the Lima dam and Red Rock Reservoir irrigation project in Beaverhead Redrock valleys. Chicago investors steer Stearns Construction Company, with Metlen as engineer, guaranteeing dam completion and offering water at 11 per acre foot with October 10 price 10, November 10. Purchasers receive stock after five years and may sign now to secure priority, with payment delayed until May 1, 1909 and no sale beyond 70 percent capacity. dam completion by Christmas pledged.