Foundation Aztec was incorporated in
New York,
New York, in 1885 by a group of investors led by Edward Kinsley, a wool merchant and member of the State Board of Railroad Commissioners of Massachusetts, and Henry Warren, a former lieutenant in the
Union army with some, albeit limited, ranching experience. The investors were hoping to take advantage of the recent drop in cattle prices. In the early 1880s,
drought had become a serious problem to ranchers in
Texas. To recoup their investment, many of these ranchers left their cattle herds intact during the dry times with the intention of selling off the cattle when the market was better, which resulted in
overgrazing. By 1885, the beef industry had collapsed because thousands of cattle in west Texas, held off the market for better prices, were either dead or starving on barren plains. Separately, the Atlantic & Pacific Railroad was having financial difficulties and sold 1,000,000 acres of Arizona grassland to Aztec at $0.50 per acre. Aztec then entered a joint venture with the Continental Cattle Company of Texas and began exporting droughted-out cattle from Continental's Texas range to Arizona via
rail and traditional
cattle drives. The original Aztec headquarters was located across the
Little Colorado River from Saint Joseph, Arizona (now
Joseph City), but was moved to
Holbrook, Arizona shortly afterward. In addition to the cattle, Aztec acquired one of Continental's brands, the Hashknife, because the cattle it imported from Texas were already branded with it. In these new and unsettled Western ranches, it was especially important for cattle to be branded to prove ownership and minimize theft, which was common and at times rampant. The Hashknife brand was registered in Arizona, as it was in Texas, and placed, after 1895, on the left rib of cattle and left shoulder of horses. For both cattle and horses, the blade faced up. Some of the original Hashknife cowboys also came west to work the new ranch in Arizona, among them, according to Aztec's records, a cowboy known only as "Baconrind Bill".
Sheep wars and future leaders Several of Aztec's early employees were Texas cowboys whose abilities made them legends among their fellow ranchers during their years in Arizona. Some were involved in Arizona's
Pleasant Valley War in the late 1880s and early 1890s, a decade-long feud between cattlemen and sheep herders over rangeland and resources that took place, in part, on Aztec land. A few were killed in that war, but a number went on to become local, state, and national leaders of some repute. Among these, E. J. Simpson, one of the Aztec's earliest ranch superintendents and member of the Arizona Territory Legislature had a son in this time frame, William Hood Simpson, who became the commander of the
9th Army in
Europe during the worst fighting of
World War II. Another former employee, and son of an Aztec stockholder, Henry M. Atkinson, later founded
Georgia Power in Atlanta in 1902, which is now a subsidiary of the
Southern Company, an electrical utility in the southeast U.S. == Present ==