George Moody-Stuart was offered shares but turned them down, denoting the final generational transition.
Together with Cedar Valley, the following estates would be under the authority of the new corporation: Gunthorpe's (#64), Cassada Garden (#13), Paynter's (#61), Tomlinson's (#17), Fitches Creek (#67), Donovan's (#65), North Sound (#66), Galley Bay (#30), and Five Islands (#31).
The Lands of Antigua & Barbuda Sugar Factory Limited and the Antigua & Barbuda Syndicate Estates Limited (Vesting) Act were passed by the Antiguan government the same year, and they stated that "all piece or parcel of land forming part of Cedar Valley, approximately 240.225 acres as contained in Certificate of Title No.
According to a Certificate of Title with the number 1111940 issued April 26, 1940, the Cedar Valley's lands totaled 240.2 acres.
Cassada Garden, Cedar Valley, Fitches Creek, and North Sound, the original company's holdings, were purchased for £30,700, and Delaps (#137) was acquired for £7,734.