Cattle Company
The Nave-McCord Cattle Company was formed in 1881 in Texas with an initial investment of 1,500 cattle and the purchase of the range rights on the Double Mountain Fork Brazos River at the mouth of Spring Creek in Garza County, Texas. The company created the Square and Compass Ranch after purchasing 125,000 acres (510 km2) in Garza County. About half of the ranch land was on the Llano Estacado, which was high and level and good summer pasture, and the rest was in the broken land, which made excellent winter pasture. The herd was gradually increased through additional purchases to 15,000 head. The Square and Compass name and brand were reportedly patterned after the emblem of the Masons, of which Abram was a member. Fenced in 1884, the ranch was operated at a modest profit despite blizzards and drought in 1886. The ranch and cattle were sold in 1901 to John B. Slaughter, who renamed it the U Lazy S Ranch. The sale included 99,188 acres (401.40 km2) of land at $1.60 an acre and 5,000 cattle.
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