The Farmers Cooperative Irrigation Company came into being in 1900 when they purchased the Payette Valley Irrigation and Water Company. This new company was an Idaho based corporation bonded by New York investors. In 1902 the Company wished to retire these New York bonds, and recapitalize. Through the auspices of the Utah Mortgage and Loan Company of Logan, Utah they contracted for new bonds with the Peoples Bank and Trust Company of Rockford, Illinois.
This collection documents two periods of the company's history, 1903 and 1923. As might be expected, both periods concern finances. In 1903 the Fanners Cooperative Company bonded with the Peoples Bank and Trust Company in order to upgrade their capital facilities. Of the documents from this transaction, perhaps the most interesting and enlightening is a 1902 abstract, written by U.M.L.Co. Vice-president A.J. Thampson, that chronicles the early development and growth of the Payette river irrigation project and the early settlement of the Payette Valley. The 1923 material again documents a bond issuance by the Peoples Bank and Trust Company.
The collection, although small in size, addresses two significant themes regarding the agricultural development of the intermountain west. One being, the involvement of Utah capital in financing these projects. And, the other being, the legal opinions, from western lawyers, that appear in the collection.
Restrictions on Access : Restrictions
Open to public research.Restrictions on Use : Copyright
It is the responsibility of the user to obtain permission to publish from the owner of the copyright (the institution, the creator of the record, the author or his/her transferees, heirs, legates, or literary executors). The user agrees to indemnify and hold harmless the Utah State University Libraries, its officers, employees, and agents from and against all claims made by any person asserting that he or she is an owner of copyright.
Permission to publish material from the Farmers Cooperative Irrigation Company papers must be obtained from the Special Collections Manuscript Curator and/or the Special Collections Department Head.Preferred Citation :
Farmers Cooperative Irrigation Company papers, 1902-1932. (COLL MSS 110). Utah State University. Special Collections and Archives Department.
Arranged in numeric sequence according to Box and Folder.
Acquisition Information :
Some of the records of the Farmers Cooperative Irrigation Company found their way into the papers of the Utah Mortgage and Loan Company papers. The latter papers have been donated to the Special Collections Department, with this collection being broken off into its own collection.Related Materials :
Utah Sierra Club papersCOLL MSS 148
Detailed Description of the Collection
Folders 11 - 24 contain outgoing correspondence.