1911: UNITED VERDE COPPER COMPANY BUYS RANCHES, November 4, 1911.
"U. V. C. CO. BUYS THREE MORE RANCHES IN VALLEY: Big Deal Closed This Week Whereby 3 Prominent Ranches Change Ownership."
"The big auto of the United Verde Copper company was observed, the fore part of the week, kept busy making trips to the valley and returning with prominent ranchers who were taken to the main office. The rumor was quickly passed around that deeds were being transferred to the U. V. C. Co. for the ranches owned by these gentlemen in the Verde Valley."
"No particulars were obtainable other than that the ranches were sold, but, the following was culled from the columns of the Journal-Miner, whose reporter had an opportunity to observe the county records, and throws a little light on the big deals."
"According to deeds filed for record, the United Verde Copper company has acquired some of the most valuable farming land in the Verde Valley, closing the deal for the 120 acres of D. J. Shea, 320 acres of Mr. Petchauer, and 240 acres of D. J. Shea & Co. The consideration in the Petchauer sale was $17,600, while the price paid for the Shea interests was given at a nominal sum, but is believed to be much larger. Included in this big transation are valuable water rights, live stock and all ranch equipment. The lands are situated near Cottonwood and are more familiarly known as the old Goodwin and H. J. Allen places. Interest in this transaction follows from the location of the lands to the terminal point of the new railroad that is building from Cedar Glade to the valley below Jerome, surveys for this road embracing the lands acquired by the United Verde company."
"The ranches are said to own prior water rights along the Verde river, which is believed to have been one of the inviting features for taking them over, in view of the location there of the big smelter."
(Jerome News; November 4, 1911; Section 2, page 5, column 3.)
"A FAIR SHOP: The following telegram has been received by the United Verde Copper Company, from the president of the International Brotherhood of Boilermakers, Structural Iron Workers and Helpers of America:"
"W. L. Clark, Jerome, Arizona."
"Our Executive Board has declared your shop fair to members of our organization."
"J. A. Franklin,."
(Jerome News; November 4, 1911; Section 2, page 5, columns 3-4.)