Falcon is a baby town not yet two years old, with a population of some thing less than two hundred. It is situated fifteen miles east of Colorado Springs, near the summit of the divide between the Platte and the Arkansas Rivers, — seventy miles south of Denver — and at the junction of the Rock Island & Fort Worth Railroads, is attracting the shipping business of the near country. It is surrounded by good agricultural and grazing land, is only three miles from a large tract of timber land, and less than five miles from the Franceville and McFerran coal mines. There are many living springs in and about Falcon, and water is found at a depth of from ten to twenty feet.

The Falcon Town & Land Company was organized and incorporated September, 1887, with Louis R. Ehrich of Colorado Springs as president; F. H. Russell, vice-president; L. Falkenau, secretary and treasurer; and these officers, together with J. A. Hayes, Jr., Henry Vietell, Robert Moreheimer and R. F. Kavenaugh, constituted the board of directors. The capital stock of this company is $100,000, in one hundred equal shares. Falcon now boasts over two hundred inhabitants, a weekly paper, a $6,000 hotel and over forty substantial buildings.