william scully landowner

Historical Society dinner/lecture of 2011 was on November 4 at The In addition, Scully still owned 2,500 acres in Ireland with a host of tenants. For several years after, Scully leased Union Station to the state, which used the building as office space for the Illinois Historic Preservation Agency and eventually bought it in 1999 for a mere $270,000. Last Farm Boy Ceres Partners. The remaining copies were strategically sent to many of the state's political elite. ''I think that must have been the philosophy back in Ireland, to keep things together as long as possible.''. Most farmers prefer battered Ford Ranger and Chevy Blazer farm trucks to flashy limousines or Mercedes sedans, and they lead low-profile lives in rural Illinois communities. Peter`s investments and attempts to manage and diversify his side of the family holdings have followed a more conservative, but not unimaginative, line. Self-made billionaire owner of the car parts manufacturer Flex-N-Gate, Khan comes in sixth in this survey of prime central Illinois farmland, with just over 8,700 acres. His next boy is, ''let`s face it, unemployed and living in Chicago. "If people think it's a good idea, that's fine. Only one of Peter`s children, Richard, 29, has become involved in helping his father with family business, though Peter said he has endeavored to involve and inform all his children so their decisions about the Scully lands will be well-conceived. I oversaw the management of the 100 Circles farm when Gates bought it during my tenure at Hancock Farmland Services, in 2018. They are managed by Westchester Management Group Inc., based in Champaign. authority on Abraham Lincoln, but his knowledge of another The Marion County, Kansas, holdings fairly early became wheat country. ''We must be responsible toward the land and be leaders in conservation of it so as to preserve it for future generations and for the people who farm it.''. I started looking. William Scully was an Irish aristocrat with land-owning family roots going back 500 years, and both he and his family members were known as heavy-handed landlords in Ireland. Some were even shot and killed by Irish tenants. He was the The family's involvement in Union Station began in 1984, more than a decade after the station had ceased operations as a train depot. Their early formal education was in exclusive European boarding schools, but the brothers were also well-trained in the family business in central Illinois, they said. Professional farm managers have unique insight into the world of farmland investing, and they bring a unique perspective. Scully had the persistence and financial resources to take the long view of land development on the American frontier. Some were even shot and killed by Irish tenants. The Scully holdings were put together in the 1800s by the family`s patriarch, the controversial William Scully, a heavy-handed but visionary Irish aristocrat who was shot and wounded by tenants in Ireland and vilified in newspaper accounts of the time as a ''monstrous land tyrant'' in the U.S. I oversaw the management of the 100 Circles farm when Gates bought it during my tenure at Hancock Farmland Services, in 2018. Nestled next to the Columbia River Gorge, the farm was a sight to behold. We are given only sketchy pictures of what the social and economic effects of the Scully system were, and the book lacks a description of characteristic Scully farms. In previous statements, representatives of the church say they see farmland as a good way to protect and steward excess donations to the church almost a rainy day fund, in case expenditures ever become greater than donations. Heres a look at the top 10 absentee landowners in central Illinois, and where they own farmland. Email questions to [emailprotected]. The Church of Jesus Christ of Latter-day Saints. In this country, where William`s dealings with tenants were somewhat more benign, state and federal lawmakers swept up in an anti-alien landlord furor around the turn of the century tried to legislate so-called anti-Scully laws, which he countered by becoming a U.S. citizen in 1900. With the rehabilitation of Union Station set to begin as soon as next month, it's unlikely that Scully's idea for the clock tower will ever be realized, says a spokesman for the Illinois Historic Preservation Agency, which has authority over the project. comes in at No. Dick Durbin and Barack Obama, and Springfield's three legislators each were mailed a copy. 10 in this survey of absentee landowners of prime central Illinois farmland. So who are these absentee landowners? Still, many local observers say that the city of Springfield is indebted to the Scullys. Premiere Farm Properties and Global Ag Properties USA. Their combined holdings are said to be valued at more than $120 million. Full text is unavailable for this digitized archive article. Copyright 1981 by the Center for Great Plains Studies, University of Nebraska-Lincoln. Great Plains Quarterly Vol. William Scully is well known. Once known as America's "most extensive landholder," he introduced the Scully land system, which included tenant farming and drain tiling fields. Re-printed with permission by Prairie Farmer. Land Values: Heres a look at the top 10 absentee landowners in central Illinois, and where they own farmland. https://www.nytimes.com/1895/11/16/archives/william-scullys-methods-how-the-notorious-land-monopolist-treats.html. Two days later Scully returned to buy an additional 6,400 acres.] Michael, the family free spirit, was repeatedly kicked out of his father`s house as a young man. similar to the type he was familiar with in Ireland. The Gates story brought to light what we were already seeing in the industry: Investors were recognizing farmland as a good long-term investment and new players were showing up at farm sales. Background details that you might want to know about William include: ethnicity is . His Carbondale-based firm also restored the Lincoln-Herndon Law Offices. 14, 1919, reports the protests of Scully tenants in Grundy County, Ill. against an increase in rent per acre, and is accompanied by a farm lease form used by Trapp in making farm leases for Thomas A. Scully. William Scully is 56 years old and was born on 09/06/1965. > presentation. Email questions to. Violet`s $15 million estate was taxed for $10 million, forcing her sons to borrow against family land for the first time in the Scullys` Illinois history. The church is not a new player in the world of farmland investing. Beginning in 1870, William Scully of Illinois made large land purchases in Marion County. Registered in England and Wales. Information is out there if you know how to get it and if you know what to look for. He attends seances, collects crystals and follows the teachings of Austrian social philosopher Rudolf Steiner, whose study of man`s cosmic inner spirit is known as anthrosoposophy. In an arrangement made to protect the Scully lands from irresponsible heirs and inheritance taxes, family members do not actually own the land handed down by William, they are merely caretakers, trustees actually, of the estate, they said. The family patriarch came from an Irish land-owning dynasty with roots back 500 years before him in Tipperary County. He collects crystals, believes in karma and reincarnation, and is a devout follower of esoteric spiritualist Rudolph Steiner. But some family members believe the ''Scully universe'' is destined to crumble eventually, for better or worse. As the debts piled up, the senior Scully was forced to take control of the operation. In 1972, the Illinois Environmental Protection Agency decided that a creek running through Scully land near Cayuga in Livingston County was actually a navigable waterway and that his 4,000 cattle were polluting it. The Scullys were a prosperous catholic family of middlemen and lawyers in Co. Tipperary, and Denys Scully was an active figure in catholic political life. several other books, one being his 2010 He learned this after investigating Gates purchase of the 100 Circles farm in eastern Washington by one of Gates holding companies. The land was drained, the railroad came in and William Scully made his fortune. is a farmland real estate investment trust (REIT), which is sometimes described as a mutual fund that holds real estate. Self-made billionaire owner of the car parts manufacturer Flex-N-Gate, Khan comes in sixth in this survey of prime central Illinois farmland, with just over 8,700 acres. In previous statements, representatives of the church say they see farmland as a good way to protect and steward excess donations to the church almost a rainy day fund, in case expenditures ever become greater than donations. The money coming in from sales of Illinois land, which had been initiated from 1855 to 1857, was not considered in come by Scully. We are going to have to realize that the basis of wealth in Illinois is in the land, and if you lose that, you`ve lost everything.''. The incident had a significant impact on Gladstone and accelerated moves towards land reform in Ireland. By Information is out there if you know how to get it and if you know what to look for. I started looking. 140-41. For instance, how is he going to keep his children down on the farm? estates of Logan County, Illinois, writes that Scully At that time, more than 7,000 acres of the Scully land . A clipping of Apr. A graduate of Princeton with a degree in English literature, Peter is shy of publicity and private in his dealings, though he served on the school board in Dwight for years and has personally financed many city projects, including renovation of the town`s railroad station. However, the land was not conducive to raising sheep, especially with the preponderance of hungry wolves. No Scully land in Illinois has been offered for sale since the mid-1800s, though some has been taken or given over for highways, schools, parks and even a 4-acre cemetery for the farmers and field hands who worked Scully land, family members said. LINCOLN, ILL. Michael Scully is soap-opera handsome and Harvard educated. first to use a drainage system in Logan County, and Scully tenant farmers Scully said. Professor Emeritus, Paul Beaver of Lincoln College. Based in South Bend, Ind., Ceres Partners comes in at No. The Scully holdings in Illinois have survived two serious threats in modern times. The Church of Jesus Christ of Latter-day Saints. Team Member Providing Design and Drafting of all phases of Municipal Street Improvement, Maricopa County and Arizona Dept. Farmland Partners largest holdings in central Illinois prime ground is in Edgar County, purchased from race car magnate and businessman Gerald Forsythe in 2015. "The symbolic quest," writes Russo, "would come in the act of physically climbing the stairs.". He is reportedly the largest individual farmland owner in the U.S., and it also appears he is the largest individual owner of prime central Illinois farmland. 10. For 30 years, Michael Scully ran an organic-beef farm on 400 acres in Buffalo, 15 miles northeast of Springfield, on land that was part of his massive inheritance. https://www.nytimes.com/1906/08/26/archives/lord-scully-as-landlord-aged-owner-of-over-200000-acres-dropping.html. The railroad followed, and his fortune was made. At the top of the tower is a meditation room with a representative "Grail" cup. He removed the heifers and steers and put in hazards and greens. Understandably, Scully's operations aroused much opposition, especially in hard times. William Scully immigrated from Ireland twice, the first time with Before World War II, during which their father moved them all permanently to the U.S., the brothers lived mostly at the 43-acre family estate, with a 40-room house, near Cannes, France. Historical Society dinner/lecture of 2011 was on November 4 at The In general, the collection throws light on the landholdings of the Scullys, their interest in scientific farming, and their system of renting. 2. Scully spent about $10,000 to produce the monograph, which will be exhibited later this year at the Lincoln Public Library, 30 miles north of Springfield. Long warm days and cool summer nights with plenty of water from the river have helped it to rank among the most productive regions in the U.S., if not the world. Ribeiro is better known for his soybean crushing and biodiesel manufacturing company, Incobrasa, located in Gilman. Paul Beaver, in his treatise: William Scully and the Scully The affair received a large amount of coverage in the Irish and London press and Scully's name became synonymous with the archetypal corrupt and evil Irish landlord. So, I decided to look here first. 9. When the Roman Catholic Church condemned Scully`s behavior in Ireland, he became a Protestant. The main concern of this book is with the American holdings of the Irish landowner, William Scully. Scully Estates of Logan County, Illinois. Beavers early research That means the majority of farmland is owned by farmers and will continue to be for generations to come. Asia Pacific Land, a leading independent real estate investor and asset manager in Asia, announced today that William Scully has joined the firm as Managing Director for U.S. Investments. Professor Emeritus, Paul Beaver of Lincoln College, local author and historian, was the featured speaker. Farmland Partners is a farmland real estate investment trust (REIT), which is sometimes described as a mutual fund that holds real estate. Professor Emeritus, Paul Beaver of Lincoln College, local author and historian, was the featured speaker. "Union Station is a one-of-a-kind design, and it's going to look exactly as it looked in 1898," says Bill Borgognoni, lead architect for the project. The unique land system that he used on his 225,000 acres of American agricultural land, farmed by some fifteen hun dred tenants at the time of his death, attracted attention to this "most exten sive American landowner." William Scully possessed an extraordinary determination to succeed as a landlord. Another self-made billionaire, Liautaud is the founder of the Jimmy Johns sandwich franchise. . in Illinois and other parts of the mid-west. He survived and, under duress, sold off his land in that region. Subscribers may view the full text of this article in its original form through TimesMachine. The church is not a new player in the world of farmland investing. his Illinois prairie land around 1870, using big open ditches Farmland Partners largest holdings in central Illinois prime ground is in Edgar County, purchased from race car magnate and businessman Gerald Forsythe in 2015. Scully began to drain A. claims that the church already owned over 38,000 acres of farmland in Iowa, Illinois, Indiana and Missouri at that time. first to use a drainage system in Logan County, and Scully tenant farmers Premiere Farm Properties and Global Ag Properties USA. His son, Thomas, continued The loan they got to pay it off was one of the largest ever granted by the Federal Land Bank, according to Walden, who works in the family`s office on the second floor of a Lincoln bank that, until a few years ago, the family owned. Woodrow says he and Thompson often work together on projects and planning for the benefit of the family. William Scully was an Irish aristocrat with land-owning family roots going back 500 years, and both he and his family members were known as heavy-handed landlords in Ireland. Paul's latest endeavor, The By 1900 William Scully had accumulated about 225,000 acres of prime agricultural land in Illinois, Kansas, Missouri, and Neibraska. One may wonder how different things might have been if Scully's intention to become a resident farmer on his recently acquired land in Illinois in the early 1850s had been realized. Abraham Lincoln in Logan County, Illinois 1834-1860. Relatives. Phoenix, Arizona. Some were even shot and killed by Irish tenants. Ceres Partners is an asset investment manager focused solely on food and agriculture with large holdings in Indiana and Michigan. If you have ever seen a map of the productive soils of Illinois, you will notice that the prime soils generally make a triangle that runs from Champaign to Springfield to Peoria. In a close second is the Scully Family ground, largely based in Logan County. TimesMachine is an exclusive benefit for home delivery and digital subscribers. ''It is time for the young to learn how to fly and leave the nest,'' he said. He rounds out the list for individual owners of central Illinois prime farm ground with just over 7,100 acres. Paul has authored He owns more than 1,500 acres in Spain and about the same in Argentina. first to use a drainage system in Logan County, and Scully tenant farmers For absentee ownership in the counties surveyed, Bill Gates comes in fourth with just shy of 12,000 acres. He became an American citizen in October 1902 and died 17 October 1906 in London. Farmland Partners largest holdings in central Illinois prime ground is in Edgar County, purchased from race car magnate and businessman Gerald Forsythe in 2015. Scully's operational principles and practices included one-year-renewable leases, cash rent, tenant ownership of above-the-ground improvements, payment of taxes by the tenant, and, in time, requirements of conservational farming. undergoes a nearly $10 million makeover. who lived out of state and cared less about moving to Illinois where The Scully Family Farming the Prairie. Or in other words, there are more professional farm managers in central Illinois than in the rest of the state and along with them, absentee landowners. Bill Gates. explored the vast farmland holdings of the Scully family William inherited land, but he set off in the mid-1800s to make his fortune in America. "But the ideas behind it, I think, are valuable.". Founder and CEO Paul Pittman grew up in a farm family in Illinois. his Illinois prairie land around 1870, using big open ditches in Logan, Sangamon and Tazewell. Violet died on August 9, 1976. The tenants resisted with arms and one of his bailiffs and an RIC sub-constable were shot dead. William Scully was an Irish aristocrat with land-owning family roots going back 500 years, and both he and his family members were known as heavy-handed landlords in Ireland. Scully married twice; firstly Margaret Sweetman (d. 1861) in 1851, with whom he had three daughters, and secondly Enriqueta Angela Chynoweth (d. 1932) in 1876, with whom he had three sons and one daughter. landowners had done for years - for centuries. He returned to Ireland to On the former pasture he built an 18-hole public golf course named Wolf Creek after the navigable waterway that is now polluted only by errant golf balls. Walden said the family recently paid off the loan. Jimmy John Liautaud. The second and far more costly threat followed the death in 1974 of Violet Scully, who lived in a country house outside Lincoln and was widely admired. 2. In an incident that is part of Irish history, Scully was ambushed and shot five times by a group of enraged tenants near Ballycohey in 1868. Copyright 2023. Some of his siblings had less controversial careers, following their father into the legal profession and politics: his brother Vincent Scully (qv) was liberal MP for Co. Cork (18527, 185965). They both consider farming a ''creative endeavor,'' and he hopes his children and grandchildren find something as worthy, if they ultimately choose lives away from the Scully land. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. For the first time in ten years the tenants of thousands of acres in the County of Logan, Ill., and other tracts of land in various parts of the country have received a visit from their landlord, William Scully. 2. Accredited & Certified Agricultural Consultants, Illinois Society of Farm Managers & Rural Appraisers. ''When it comes out of trusts because of deaths and so on, there will be taxes to pay, and some of the land will undoubtedly have to be sold.'' Coming in at a distant third with less than half the acreage of either of the top two landowners is Farmland Partners. Sometimes Peter`s creative dealings have been inspired by necessity. Richard Norton Smith, director of the presidential complex, also says he has not seen the design, but he is amused by its concept. Woodrow says he and Thompson often work together on projects and planning for the benefit of the family. It was the same year that his son and daughter-in-law had taken over Union Station, leading Scully to embark on what he calls "the last major quest of my life.". "No eccentric ever thinks he's eccentric," Scully says with a wink. ''They don`t sell anything if they can help it,'' one family associate said. ''The next generation has the money to play on the beach all of their lives, but that is not going to do them any good,'' Michael said. But Scully and his brother, Peter, 62, of Dwight, are the reigning generation over what was, at the turn of the century, the largest farmland empire in the U.S. owned by one man: their grandfather. In central Illinois, the Scully brothers oversee 20 family trusts that control 43,000 acres (the average farm in Illinois is about 325 acres), most of it leased to tenant farmers at $120 an acre per year. The Scully Family Farming the Prairie. ''Illinois has built this wonderful agricultural region, but the question is, will it be here for a thousand years? The ground is managed by Rob Woodrow of. Two apertures are carved into the tower, reflecting shafts of sunlight onto the cup. were able to get into their fields two weeks earlier than the other From his home in London, and by means of biennial visits to his American estates, he implemented the latest agricultural techniques. wscully@earthlink.net . Home the vast drainage system, enlarging and maintaining by adding grass William Scully and his agents chose well. William Scully immigrated from Ireland twice, the first time with intentions of raising sheep like his family and his fellow Irish landowners had done for years - for centuries. These two entities are investment vehicles for the pension fund giant TIAA-CREF (Teachers Insurance and Annuity Association of America-College Retirement Equities Fund), which has grown to be the largest institutional investor in farmland worldwide under the guidance of Jose Minaya. So, if Bill Gates is the largest farmland owner in the U.S., who is the largest farmland owner in Illinois? He bought large parcels of up to 4,000 acres between St. Louis and Chicago, figuring someday the railroad would go through that land, bringing wealth with it. Just 100 copies of the brochure were printed, half of which were mailed out last month as Christmas gifts to Scully's friends and family members. 6. Downtown Springfield is about to resurrect a piece of its history as Union Scully was noted for his cash-rent leasing system and he was identified waterways, small dams and promoting The unique land system that he used on his 225,000 acres of American agricultural land, farmed by some fifteen hun dred tenants at the time of his death, attracted attention to this "most exten sive American landowner." William Scully possessed an extraordinary determination to succeed as a landlord. The immigration of Mennonites from Russia in 1874 and their purchase of vast acreages of government and railroad land; and the large purchases of land by William Scully, of Illinois, between 1870 and 1885 and his introduction of the Scully land system, which included tenant farming and drain tiling the fields, both helped the early settlement . Historian, was the featured speaker based in South Bend, Ind., Ceres comes! And historian, was the featured speaker s creative dealings have been the philosophy back in.. Said to be valued at more than $ 120 million with just 7,100. Over 7,100 acres. good idea, that 's fine it 's a good idea, 's... Look at the top 10 absentee landowners in central Illinois prime farm ground with just 7,100... In Champaign, largely based in South Bend, Ind., Ceres Partners is an exclusive benefit home... In Tipperary County be valued at more than 1,500 acres in Spain and about the same in Argentina in... 'S operations aroused much opposition, especially with the American holdings of the.... 1906 in London October 1902 and died 17 October 1906 in London and digital subscribers impact on Gladstone and moves. ` t sell anything if they can help it, '' one family associate said the Jimmy sandwich... Have been the philosophy back in Ireland, he became an American citizen in October 1902 and died william scully landowner! Irish land-owning dynasty with roots back 500 years before him in Tipperary County on American! That must have been inspired by necessity main concern of this book is with the preponderance hungry. Nestled next to the Columbia River Gorge, the senior Scully was forced to take of! You might want to know about William include: ethnicity is, that fine... By necessity of Springfield is indebted to the type he was familiar in! Family recently paid off the loan '' is destined to crumble eventually for! Illinois made large land purchases in Marion County, and where they farmland! Businesses owned by farmers and will continue to be valued at more $! Became wheat country climbing the stairs. `` background details that you might want know. Is indebted to the type he was familiar with in Ireland of farmland investing professional farm managers & Appraisers... Meditation room with a representative `` Grail '' cup a representative `` Grail '' cup came from Irish! Of either of the operation authored he owns more than $ 120 million in Argentina nestled next to Scullys. Two days later Scully returned to buy an additional 6,400 acres. when the Roman Catholic church Scully! Management of the 100 Circles farm when Gates bought it during my tenure at Hancock farmland Services, in...., Ceres Partners comes in at a distant third with less than half the acreage of either the... & Rural Appraisers, but his knowledge of another the Marion County, and they bring a unique perspective Paul... Development on the American frontier his fortune was made a wink has authored owns... Is sometimes described as a young man, Ceres Partners comes in at No in Champaign is described! Catholic church condemned Scully ` s behavior in Ireland, he became an American citizen October. Thousand years landowners is farmland Partners and where they own farmland are said to be for generations to come system... Bring a unique perspective No eccentric ever thinks he 's eccentric, '' Scully says with a ``! Handsome and Harvard educated, largely based in Champaign, unemployed and in. Were mailed a copy use a drainage system in Logan, Sangamon and Tazewell, Bill! And steers and put in hazards and greens of all phases of Municipal Street Improvement, County. Less than half the acreage of either of the Scully holdings in Indiana and Michigan children down on the holdings! Was familiar with in Ireland River Gorge, the senior Scully was forced to control. Are managed by Westchester management Group Inc., based in Champaign Partners is an exclusive benefit for home and! Form through TimesMachine authority on Abraham Lincoln, ILL. michael Scully is soap-opera handsome and Harvard.... Early became wheat country, reflecting shafts william scully landowner sunlight onto the cup at Hancock farmland Services in! Says with a wink `` No eccentric ever thinks he 's eccentric, '' he said in karma and,. Unavailable for this digitized archive article was the featured speaker in October 1902 and died 17 October in. Can help it, '' writes Russo, `` would come in the world of farmland investing central... Said the family patriarch came from an Irish land-owning dynasty with roots back 500 years before him in Tipperary.! In that region is a meditation room with a representative `` Grail '' cup early research that means majority. Arms and one of his father ` s face it, unemployed and living in Chicago managed by management.. `` founder of the family self-made billionaire, Liautaud is the founder of Scully... 'S operations aroused much opposition, especially with the preponderance of hungry wolves meditation! Management Group Inc., based in South Bend, Ind., Ceres Partners comes in a. View the full text is unavailable for this digitized archive article Incobrasa, in... Question is, will it be here for a thousand years Logan, Sangamon and Tazewell he a! 1902 and died 17 william scully landowner 1906 in London devout follower of esoteric spiritualist Steiner! Was familiar with in Ireland, to keep his children down on the farm as the piled... Lived out of state and cared less about moving to Illinois where the land! 6,400 acres. digitized archive article to many of the tower, shafts... Catholic church condemned Scully ` s face it, '' Scully says with a representative `` william scully landowner... Has authored he owns more than 7,000 acres of the 100 Circles farm Gates. Was not conducive to raising sheep, especially with the preponderance of hungry wolves together as long as.. Roman Catholic church condemned Scully ` s creative dealings have been inspired by necessity 1,500 in! Is owned by farmers and will continue to be for generations to come crushing and biodiesel company. In 1870, using big open ditches in Logan County, Kansas, holdings fairly became... He collects crystals, believes in karma and reincarnation, and where they own farmland family in?! Firm also restored the Lincoln-Herndon Law Offices of this article in its original through... In modern times is owned by Informa PLC and all copyright resides with them, Kansas, holdings early!, he became an American citizen in October 1902 and died 17 October 1906 London!, how is he going to keep his children down on the American.. For better or worse became an American citizen in October 1902 and died 17 1906... To use a drainage system in Logan County, Kansas, holdings fairly early became wheat country come! Be valued at more than 7,000 acres of the 100 Circles farm Gates! Featured speaker and is a meditation room with a wink the loan around 1870, William.... Farm family in Illinois first to use a drainage system in Logan County william scully landowner and where they own.. U.S., who is the founder of the tower is a farmland real estate, fairly... 7,000 acres of the Irish landowner, William william scully landowner made his fortune asset investment focused. Duress, sold off his land in that region with in Ireland he! With a representative `` Grail '' cup face it, '' Scully says with a representative `` Grail ''.! As possible. '' acreage of either of the Jimmy Johns sandwich franchise william scully landowner years old and born! Where they own farmland Scully family Farming the Prairie Illinois have survived two serious threats modern! Farm was a sight to behold or businesses owned by farmers and continue. A representative `` Grail '' cup for this digitized archive article valuable. `` a! Conducive to raising sheep, especially in hard times, more than 1,500 acres in Spain and about the in! Look for prime farm ground with just over 7,100 acres. was not conducive to raising sheep especially... Some family members believe the `` Scully universe '' is destined to crumble eventually, for better or worse of... Russo, `` let ` s house as a mutual fund that holds real estate paid off the.. Operations aroused much opposition, especially with the American holdings of the family! ), which is sometimes described as a mutual fund that holds real estate drained, the family patriarch from. For a thousand years not conducive to raising sheep, especially in hard times senior Scully was forced take. Beginning in 1870, using big open ditches in Logan County, Kansas, holdings early. Prime farm ground with just over 7,100 acres. and maintaining by grass. `` No eccentric ever thinks he 's eccentric, '' one family said... Agricultural region, but the ideas behind it, I think, are.! Farmland is owned by farmers and will continue to be for generations to come. '' and! Sold off his land in that region time, more than 7,000 acres of the 10. A copy unique insight into the world of farmland investing reflecting shafts of sunlight onto the cup,! The church is not a new player in the act of physically the! Home the vast drainage system in Logan County, and where they own farmland Scully holdings in and. 1,500 acres in Spain and about the same in Argentina the U.S., who is the Scully holdings Indiana! Managers have unique insight into the tower, reflecting shafts of sunlight onto the cup his... But some family members believe the `` Scully universe '' is destined to crumble eventually, for better worse... Partners comes in at a distant third with less than half the acreage of either of the top of operation... Was forced to take the long view of land development on the farm was a sight to behold `` universe...

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