THE MATADOR—LAST OF THE GREAT BRITISH CATTLE COMPANIES
Writing my book, Loveland, involved a great deal of
research into the British ownership of large cattle companies in the American
West. One company that kept cropping up
was the Matador, and I became very intrigued by this enterprise that existed
into the 1950s.
Down in Texas in
the late 1870s, two men established a ranch together—Henry Campbell, a cattleman,
and A.M. Britton, a banker—just below the Llano Estacado in the northwest of
the state. It was an area cleared of
both Indians and buffalo and the men chose an area that was well watered, near
the Pease Rivers, despite its proximity to the Staked Plain. The ranch was organized as the Matador Cattle
Company and had working capital of $50,000; their brands were '50M' and a
Flying V (although Ike Blasingame, in Dakota
Cowboy, refers to a Drag V). However, in the years after the Civil War,
American banks were not lending money for venture capital while the British
were actively seeking investments in cattle, land, mining and other interests
and so, in order to expand the company, the men went to Scotland to pursue
investment money. The Scottish view of
investment in cattle was somewhat different from that of the English. While the English saw open range as a way of
getting something for nothing, the canny Scots sought to buy as much land for
ownership as possible; this would prove crucial at a later date. In 1882, Campbell and Britton therefore sold
the ranch to a consortium of Dundee merchants for the sum of $1,250,000, some
of which they took in shares in the new company. Campbell stayed on as Superintendent of the
new ranch which at that time held sway over 100,000 acres and over a million
acres of open range with 40,000 head of cattle.
It was named The Matador Land and Cattle Company.
Over the years the
Matador expanded. Campbell left the
company in 1891 and Murdo McKenzie became manager. Thought by Theodore Roosevelt to be one of
the most experienced and farsighted cattlemen, McKenzie oversaw the expansion
of the ranch, the construction of water tanks, windmills and reservoir, and the
purchase and leasing of further lands.
He increased the value of the herd as well by the purchase of purebred
bulls. It was McKenzie’s stewardship
that saw the company through the terrible winter of 1886 when 60-75% of herds
were lost. Had it not been for
investments in land, the company might have folded.
In 1912, the
Matador leased out rights to the Quanah, Acme and Pacific Railroad. This permitted the railroad 100 ft either
side of tracks through lands owned by the Matador and brought settlers to the
new town of Roaring Springs, partially owned by the Matador as well. While there were lean years in which no
dividends were paid to shareholders, the well-managed company did pay 15-20% in
other years, a dividend we can only wonder at in today’s market. McKenzie’s dabbling in local politics to prevent
a high increase in taxes certainly would have helped this cause.
The Matador’s
expansion continued well into the 20th Century with leasing of
northern pastures. In Ike Blasingame’s Dakota Cowboy, one gets a good idea of
how leasing from the Lakota Sioux was handled, and it would have been similar
on the Canadian and Montana reservations. There would be sorting of cattle by
Reps during round-up as well as throw-back drives to keep cattle on their own
range. In the 1920s, the Matador leased out some of
its own Texan holdings to oil companies for drilling rights, but nothing was
ever found.
Despite that, land proved to be the Matador’s most valuable
asset. High beef prices through two
World Wars did not compare with the increase in land values. In 1951, a consortium headed by Lazard Bros.
offered the shareholders $23.70 a share for stock which had once been valued at
70 cents a share. Then holding more than
800,000 acres and 50,000 head of cattle, the takeover went ahead. Ostensibly a corporate raid, it resulted in
liquidating the company into no less than 15 separate units. The last of the old-time British cattle
companies became American in 1952 when Fred Koch of Koch Industries bought
three parcels of the original Texas ranch along with the headquarters near the
town of Matador. Forming the new Matador
Cattle Company, Koch also bought the two original brands of the company, the
Flying V and the “50M”. The ranch
continues today as a subsidiary of Koch Industries and is involved in the
breeding of horses, Hereford, Angus and Akaushi cattle, as well as running a
guest lodge and hunting operation.
Blurb for Loveland:
When Lady
Alexandra Calthorpe returns to the Loveland, Colorado, ranch owned by her
father, the Duke, she has little idea of how the experience will alter her
future. Headstrong and willful, Alex tries to overcome a disastrous marriage in
England and be free of the strictures of Victorian society --and become
independent of men. That is, until Jesse Makepeace saunters back into her
life...
Hot-tempered
and hot-blooded cowpuncher Jesse Makepeace can’t seem to accept that the child
he once knew is now the ravishing yet determined woman before him. Fighting
rustlers proves a whole lot easier than fighting Alex when he’s got to keep
more than his temper under control.
Arguments
abound as Alex pursues her career as an artist and Jesse faces the prejudice of
the English social order. The question is, will Loveland live up to its name?
Excerpt
He watched
as she sat on a stool and pulled first one boot, then the other off and kicked
them aside, then she stood and put her leg on the stool to roll down her
stockings one by one.
He
marveled at her wantonness, her lack of propriety. “Alex, stop,” he said,
laying his hand on hers. “Stop. You know…”
But he was
lost; she took his face in her hands and pulled him to her, kissing him so any
resistance he had had was now shattered. His heart was beating faster at the
sweetness of her mouth, the softness of her tongue, the lack of air as they
sought each other. His hands moved over her feeling the outline of her body,
knowing its curves, its gentleness, its yielding. “Are you sure?” he asked at
last.
“I want
you so much, Jesse, I want you so much, I’m not waiting three years. And if…if
anything happens, so what? We’ll get married, that’ll be it.”
“Yes, but
Alex, you can’t…I mean it’d be a shotgun wedding, it’s not how—”
“Shh.” She
put her finger to his mouth and then turned for him to unhook her gown. He ran
his hands gently down her exposed back, feeling each scar, then kissed her
neck.
“You have
nothing on under...”
“It’s how
the gown is made. Monsieur Worth builds the undergarments into the gown.” Her
voice was at barely a whisper, a tremor showing her nerves. She turned and
still held the gown up to her, then, looking at Jesse, let it drop to the
floor.
The buy links for Loveland are http://www.amazon.com/Loveland-Andrea-Downing/dp/1612173233/ref=sr_1_sc_2?ie=UTF8&qid=1356129034&sr=8-2-spell&keywords=Lov+eland
AND
AND
Andrea Downing has spent most of her life in the UK where
she received an M.A. from the University of Keele in Staffordshire. She married and raised a beautiful daughter
and stayed on in England to teach and
write, living in the Derbyshire Peak District, the English Lake District and
the Chiltern Hills before finally moving into London. During this time, family
vacations were often on guest ranches in the American West, where she and her
daughter have clocked up some 17 ranches to date. In addition, she has traveled
widely throughout Europe, South America, and Africa, living briefly in Nigeria.
In 2008 she returned to the city of her birth, NYC, but frequently exchanges
the canyons of city streets for the wide open spaces of the West. Her love of horses, ranches, rodeo and just
about anything else western is reflected in her writing. Loveland, a western historical romance
published by The Wild Rose Press, is her first book. She is a member of Romance Writers of America
and Women Writing the West. My website is http://andreadowning.com
7 comments:
Andrea, I love that you do the research needed to bring your reader into the story! The excerpt was hot and intriguing.
Thanks so much Jerrie. That's very encouraging. And good luck with The Green Eyed Doll!
Well this certainly has been an interesting visit with you, Paty!!! Thanks so much for having me here!
Thanks for hanging out with me, Andrea!
Interesting Andrea. I knew little if nothing about these cattle companies until I started reading your blogs and guest blogs. Wow! That's all I've got to say about the excerpt. :-)
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