Verde Heritage By Glenda Farley, Cottonwood, AZ Local historian Glenda Farley guides us on a journey back in time to discover fascinating moments that make up our Verde heritage and history.
Friday, March 8, 2013
1917: COTTONWOOD TOWNSITE; Verde Valley Improvement Company; March
"TOWNSITE, LAUNDRY, HOTEL AND STORE: Verde Valley Improvement Company Launched With Extensive Plans."
"With elaborate plans which include the establishment of a hotel, store and laundry at Cottonwood, the Verde Valley Improvement company was launched this week."
"Primarily the company has been organized for the purpose of selling lots in a townsite near the new United Verde Extension smelter. The sale of the realty will be only a starter, however."
"P. J. McIntyre is president of the Verde Valley Improvement company; Nathan Shutz, treasurer; A. E. Weidman, secretary. They have secured fifteen acres lying between the Cottonwood store and the C. V. Hopkins ranch, on which the new smelter is to be built."
"Already the subdivision has been platted and a number of the lots have been sold. Business lots are being sold for $500 and residence lots at $200."
"The residence lots are large, giving ample space for a house and garden. The land is level and as fertile as any in the fertile Verde valley. These facts, as well as the location of the subdivision with relation to the smelter, are expected to appeal strongly to smelter employees."
"An ample water supply is assured. About 30 feet from the upper end of the subdivision is a flowing artesian well 400 feet deep. The Verde Valley Improvement company intends to put down a well as soon as its sales campaign is well under way."
"A rather unique plan has been adopted to expedite the sale of the realty. For each dollar invested in lots the purchaser will receive a share of stock in the company. The company is organized with 300,000 shares par value $1. The organizers expect that the consummation of their plans will make the stock worth par."
"First on the program after the sale of the lots is the establishment of a store. Then a hotel will be put up, and finally a laundry. The company expects to wash the clothes of Jerome and Clarkdale. The water at Cottonwood is splendid for laundering, which is something more than can be said for the water of Jerome."
(The Jerome News; Friday, March 8, 1917.)
VERDE VALLEY IMPROVEMENT COMPANY OPENS OFFICE.
"An office was opened this week in the Boyd Hotel Annex on Main street by the Verde Valley Improvement company, which is placing on the market a new sub-division lying between Cottonwood and the new smelter. Frank Krider and J. B. Armijo are in charge of the sales. They have sold a number of lots already and expect to close out the entire tract in a few weeks."
"Water will be on the tract in ten days. Arrangements have been made by the company to pipe water from an artesian well about 500 feet from the upper end of its property. It was originally planned to sink a new well right on the ground but the company has now made other and more satisfactory arrangements."
(The Jerome News; Friday, March 23, 1917; page 11.)
This subdivision in Cottonwood is located east of Main Street and north of Pima, in "Old Town."