Home / Scharf, J. Thomas, ed. History of Westchester County, New York, including Morrisania, Kings Bridge, and West Farms, which have been annexed to New York City, Vol. II. Philadelphia: L.E. Preston & Co., 1886. / Passage

History of Westchester County, New York, Vol. II

Scharf, J. Thomas, ed. History of Westchester County, New York, including Morrisania, Kings Bridge, and West Farms, which have been annexed to New York City, Vol. II. Philadelphia: L.E. Preston & Co., 1886. 275 words

It was a great stroke of business for the Ogallala, for big dividends of the company followed the shipment of beef cattle the three following years, and these beef cattle came very largely from the Bosler herds. Ten thousand beeves were shipped in the autumn of 1885, practically all Bosler cattle, and the company paid seventeen per cent, dividends. The following year ten thousand more, principally Bosler steers, went on the market, and another big dividend was declared.

'The Jews," and others of the east began to take notice and nibble at the capital stock of the Ogallala company, but Paxton held them off. The big storm of the spring of 1886, destroyed many thousand cattle, and drove Swan and his Two-Bar outfit on the rocks,

and John Clay took the helm. But Paxton's outfit was stronger, and weathered the storm with little loss. The big shipment of 1886, were followed by shipments in 1887 that exceeded all expectations and drove investors towards the Ogallala company, clammering for a chance to invest in the capital stock. Seventeen thousand beeves were shipped, and of those about ten thousand came from the Bosler herds.

The granger settlements made it advisable to move the remainder of the cattle to Wyoming, and the home ranch was to be on Little Wind river, about sixty-five miles northwest of Fort Fetterman, or Douglas. Paxton had bought the Boyd herds which were on the lower North river, and in all he had about probably fifteen thousand head to move, besides several thousand calves. One of the Boyds (James E.) later became governor. Boyds sold to the Ogallala company about three thousand cattle.