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Bear Valley Irrigation Company - Redlands, California 1891  

Bear Valley Irrigation Company - Redlands, California 1891

Product #: BearValleyIrrigationCompany

Normal Price: $395.00
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PRODUCT DESCRIPTION  
Beautifully engraved RARE certificate from the Bear Valley Irrigation Company issued in 1891. This historic document was printed by S.D. Childs & Company and has an ornate border around it with a vignette of a view of the New Bear Valley Dam. This item is hand signed by the Company's Officers ( James Graham as president and Fred E. Hotchkiss as Secretary ) and is over 111 years old.

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Certificate Vignette

In 1883, Frank Elwood Brown, co-founder of Redlands, traveled with Hiram Barton (vineyardist and sheep rancher) to Bear Valley in search of the perfect place for water storage to be used for the valley’s farms in summertime. There are conflicting stories about how Brown knew to look in Bear Valley, but some say he read about it in the San Bernardino Weekly Times article published by Fred Perris in 1880 regarding this area’s potential for water storage. After surveying the area, Brown was faced with the challenge that most of the valley was privately owned and used for sheep and cattle grazing. J.S. Slauson, a wealthy Los Angeles banker, and an ex-miner named Richard Garvey owned most of it, while Southern Pacific Railroad owned another section. Brown purchased a 20-day option on Bear Valley for $500 and he used these 20 days to take innumerable trips with potential investors to see the site.

By the end of the allotted time, the Bear Valley Land and Water Company was formed. Bear Valley Land and Water was almost continually involved in litigation over water rights and although they usually won – it was costly, in time and money. The goal was to retain rights to the entire water supply. As the rights were being secured, Brown started building the dam in July 1883. It was not until July of 1885 that the first water flowed from the dam. In about 1889-90, Brown began a series of selling stocks from his own companies to other companies that were his own. After organizing the Bear Valley and Alessandro Development Company in 1889, they bought all of the Bear Valley Water Company (and 20,000 acres of the Alessandro. They then incorporated the Bear Valley Irrigation Company, which bought all of the original Bear Valley Land and Water Company, including the dam, from Bear Valley and Alessandro. After the financial panic of 1893, the Bear Valley Irrigation company filed for bankruptcy. (Ref: The San Bernadinos by Robinson, publisher – Big Santa Anita Historical Soc., pp169-178; Only One Redlands, 1963, pp102-105 Holabird)

Product #: BearValleyIrrigationCompany

Normal Price: $395.00
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WASHINGTON, DC - Scripophily.com / Old Company Stock and Bond Research Service recently acquired the Old Stock & Bond Research Archives from Herzog & Co., Inc.  The asset purchase includes all archives, publishing rights and copyrights on obsolete research reference material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880.  John Herzog, President of Herzog & Co., Inc. said “My wife, Diana, and I are very pleased with this transfer to Scripophily.com, and know that Bob will continue his excellent work and spearhead the digitizing and reorganizing of this classic American research that we were always proud to have taken part in continuing.” 

Scripophily.com / Old Company  Research Service, successor to all material published by the Marvyn Scudders Manuals, the Robert D. Fisher Manuals, and the Herzog & Co., Inc. obsolete research services, which have been performed continuously since 1880, is the leading provider of authentic stock certificates, autographs, and old company stock research services. Our company was founded by Bob Kerstein, CPA who is a member of the American Institute of Certified Public Accountants, California Society of Certified Public Accountants, and the Virginia Society of Certified Public Accountants.  We have been collecting and selling old stock and bond certificates since 1990. Scripophily.com started operating on the Internet in January 1996 with the goal to promote the history of old companies and help educate everyone about the wonderful hobby of collecting stock and bond certificates called Scripophily. 

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