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Bki L.nd Grant Salt.An Albuqurrque dispatch of the Ittb Inat. M'l: A dtwd wan fllrdherr thin afti moon transferring to the Redondo De* elopment Company, recently Incorporated In Santa Fe for half a million dollars, the Baca loca-1 tlon No. I, or Bara land grant, of 100,000 acres in the Jrmez. mountains, IThis marks the formal sale of the property at a consideration understood to be over lOo.fHxt to Charles W. Stone. I. B. Wetmore and other Pennsylvania men.The property la rich in timber, mineral and g raxing resources and with thousands of acres of fine agricultural land, la one of the most valuable tracts In New Mexico.The Redondo Company will begin development of the tract at ogre, one of the moat important features of I heplan being the Immediate building of seventy-five miles of railroad from the heart of the Jemex mountain* to AlbuquerqueCol. W. S. Mopeweli la New Mexicoagent for the company, with head- lt;quarters here.
Newspaper Details
Fort Sumner Review
Fort Sumner, New Mexico, US
Sat, Oct 30, 1909
Page 2
Full Page
Clipped by
University O.
NM, USA 12 Nov 2020
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