The Land Report

2018.4

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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the Colonel Manuel Chavez Ranch, and it sits on the Santa Fe to Fort Wingate stagecoach route. Lee and his wife, Frances, eventually bought the ranch, and they were richly rewarded when uranium was discovered on their property. And then coal. By the time of his death decades later, Lee had assembled an enormous sheep and cattle operation. He also served 12 years as a state senator in Santa Fe. 45/ Anne Marion 275,000 ACRES As the only child of Anne Burnett Tandy, "Little Anne" spent childhood summers at the historic 6666 RANCH ("Four Sixes") in Guthrie, Texas. Established in 1870 by her great-grandfather Captain Samuel "Burk" Burnett, the quartet of ranches, which Marion has overseen since company's positive impact in Southwest Florida carries on for all the families and their future generations have been a great inspiration for my time as chairman," he said. 42/ Fasken Family 279,128 ACRES 19,128 ACRES Canadian lawyer David Fasken (1860–1929) formed MIDLAND FARMS COMPANY in 1913, and the family has been tied to West Texas ever since. FASKEN OIL AND RANCH, which also operates in Southeast New Mexico, pioneered a system of fracking that recycles and reuses water throughout the process. The company is likewise on the cutting edge of technology that improves horizontal drilling in shale formations. 43/ Kokernot Heirs 278,000 ACRES Among the most storied ranches in Far West Texas, the family's O6 brand was first registered in Texas in 1837. John Kokernot acquired the brand in 1872. He and his brother Lee then began running cattle west of the Pecos River. In 1912, Lee's son, Herbert Lee Sr. (1867–1949), started assembling the ranches now known as the 06 RANCH and the LEONCITA CATTLE COMPANY. 44/ Killam Family 277,000 ACRES Twenty years after securing his initial oil lease, patriarch O.W. Killam (1874–1959) bought the 80,000-acre ORTIZ RANCH, paying a record $600,000 for the land in 1940. Today, KILLAM RANCH AND CATTLE COMPANY maintains a presence in West Texas, Oregon, and Mexico with KILLAM OIL operating in Texas, Kansas, Arkansas, Nebraska, and Louisiana. 45/ Babbitt Heirs 275,000 ACRES 5,000 ACRES Some 7,500 Hereford graze on acreage owned by the heirs of Dave and Billy Babbitt, who arrived together in Flagstaff in 1886. Thirty years later, the family had nearly 100 ranches under its stewardship. Today, Babbitt Ranches, made up of Northern Arizona's CO BAR, CATARACT, and ESPEE RANCHES, boasts not only cattle but also approximately 150 American Quarter Horses bearing the ranch's distinctive hashknife brand. 45/ Lee Family 275,000 ACRES After World War I, a doughboy named Floyd Lee (1895–1987) began working as a hand in the shadow of Mount Taylor on the FERNANDEZ RANCH in Cibola County, New Mexico. It was a storied outfit, one that was originally called the death of her mother in 1980, plays host to a thriving Quarter Horse operation. An art aficionado, she has served as a trustee at several Fort Worth museums, including the Amon Carter Museum of American Art and the Modern Art Museum. 48/ Galt Family 262,000 ACRES Former Montana Fish, Wildlife, and Parks Commissioner Errol Galt owns the MARTINSDALE RANCH near the center of the state. Other Galt ranches can be found in Broadwater County, east of Helena along the Missouri River, and Rosebud County to the east of Billings. The family's history remains rooted in ranching. Wellington Rankin, Errol's grandfather, was reportedly Montana's largest private landowner. 49/ Lyda Family 260,035 ACRES The Lydas' LA ESCALERA RANCH has two different Texas components: the FORT STOCKTON DIVISION in the Trans-Pecos, and the SEYMOUR DIVISION on a patch of land so contested in the late 1800s that Texas Rangers were forced to intervene in order to stop the bloodshed. Today, the Lydas use their lands for farming, ranching, and hunting. 50/ Hadley Family 260,000 ACRES NEW TO LR 100 At 502 square miles, the DIAMOND A RANCH is a hidden gem tucked away in New Mexico's boot heel. In 1990, owner Pablo Brenner offered The Nature Conservancy the opportunity to buy it for the astronomical sum of $18 million. (Keep in mind that Ted Turner's $21 million purchase of the Flying D the year before was considered absolute madness.) The organization jumped at the opportunity. There was discussion of turning the ranch into a wildlife refuge. Instead, it was sold to Drummond Hadley and his family's Animas Foundation under a conservation easement that banned development but allowed traditional livestock ranching to continue. NEW MEXICO'S DIAMOND A Once owned by the Nature Conservancy, it is now run as a working livestock operation. 119 L ANDREP ORT.COM WINTER 20 18 | e LandReport

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