Farmers Cooperative Irrigation Company (Idaho)

The Farmers Cooperative Irrigation Company began with the purchase of the Payette Valley Irrigation and Water Power Company in 1900. The newly created Idaho-based corporation wished to retire its New York bonds and recapitalize, contracting for new bonds with the Peoples Bank and Trust Company of Rockford, Illinois via Utah Mortgage and Loan Company of Logan.

From the description of Farmers Cooperative Irrigation Company papers, 1902-1932 (bulk 1903, 1923). (Utah State University). WorldCat record id: 38055169

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.

From the guide to the Farmers Cooperative Irrigation Company papers, 1902-1932, 1903, 1932, (Utah State University. Special Collections and Archives)