Report on the Financial Condition of the California Development Company and Its Subsidiary Company, La Sociedad De Riego Y Terrenos De La Baja California, S. An;, On November 1, 1906 (Classic Reprint)

A detailed look at the financial condition of an early 20th‑century irrigation empire.

This historical report presents the assets, liabilities, and strategic options facing the California Development Company and its subsidiary, La Sociedad De Riego Y Terrenos De La Baja California, S. An;, as of November 1, 1906. It blends asset valuations, debt, and plans for rapid construction and expansion in the Imperial Valley.

In clear terms, the document outlines what the companies owned, what they owed, and how they planned to raise capital. It covers real estate, canal and irrigation infrastructure, equipment, and outstanding bonds, with notes on the reliability of some asset types and the legal and political challenges of the era.
What you’ll experience

• A breakdown of assets and liabilities, including bonds, real estate, water stock, and ongoing project costs.
• Insight into the proposed extensions and construction plans for irrigation systems and river protection.
• Discussion of market conditions, potential securities deployment, and the risks and opportunities of rapid development.

Ideal for readers of historical business and irrigation policy, as well as researchers tracing the growth of the Imperial Valley and early American water rights.