Business Category: Economic Development Partners, Business Assistance, Relocate
In 1881, Charles B. Eddy came to the area, and with his brother, John, and partner, Amos Bissell, developed the Eddy-Bissell Cattle Company. In 1884 the Eddy brothers and Bissell broke ground on the Halagueno Ranch which encompassed an area from Seven Rivers to La Huerta (a suburb of Carlsbad). In 1887, Eddy built the Halagueno diversion ditch on the Pecos, 3 miles above the site of the Avalon Dam (which was completed in 1890) and incorporated the venture, calling it the Pecos Valley Land and Ditch Company. Eddy was looking to entice Europeans to settle the area. With the new Halagueno Ranch and the Pecos Valley Land and Ditch Company established, he sought funds from a Swiss bank to help attract them to the clean air and sunny climate.