Demoine courier., 1855-05-10
PROSPECTS,
For THE FORMATION OF THE Iowa ST.

INVST EVl 10
For THE FORMATION OF THE Iowa ST.
SOCIETY, FOR THE INTRODUCTION /
IMPROVED STOCK INTO THE STATE.
The undersigned with the view Of pro-
noting The object set forth in the above
prospectus. proposes, with the assistanct
of The State generally, to form q Society
sufficiently comprehensive to embrace
every citizen in the State favorAble tolits
general improvement. ats-A
IL is designed that this orgSn
shall be under the direction of .hdI
Agricultural Society.
Shares Of Stock Shall be SOL
Each individual, upon the payAs
OF ten dollars, shall have a certificate
issued him, which will constitute the
holder a member of this society.
The capital stock of ,his company
cannot be divided for five years after
It's organizations; but it is proposed that
the stock purchased and brouehtin sv tte
State under this organization, shall
exhibited al the State Fair annually. Al
after the exhibition, the whole shall be
sold at public auction to the highest bid
der, and after deducting the fret cos, and
the expenses up 10 the time of the sale,
the ovefplus II any shall be divided pro
rata among the stockholders, as irtercss
on the stock.
A proper agent will be employed bv
the officers of the State Xaric,i,n.
Society to make the purchsses
stock and have j. at the State sdsss ~
October.
The capital stock, OF The company
arising from the sale of the stock. will
be every year he invested in stock, 10 be
disposed Of at every succeeding State
Fair in the manner before stated.
At the end Of five years the holders
Of certificates of stock shall determine
whether this company shall be continued
or dissolved, and in the event Of DISCO,
luton the whole capital stock Of tho
company shall be paid back to the sh-<S
holders in proportion to the amountfaid
in by each.
The foregoing is the plan proposed
Tor the accomplishment of tiis great OBJ
jec,. and the matter will 1e brought be-
fore the officers OF The state Agricultural
Society at our ne x.sneeting at Fairfield,
on the first Wednesday Of June, 1885.
at which tie this company win 6s
fully org,..zed under the general incor.
pora,ic. laws of the State. Il II very
dessAble, however, in the mean time.
lat all persons who feel an interest in
interest in the enterprise should seplsa
their applications for stock in ths COM
pany accompanied by the cash.. Thess
applications should he aduressed either%
to myself az Keokuk, os J.. M. $50
Secretary Of the State Society at
field.
The officers of the county soci6lJA
and the Press of the State, are respec@l
fully requested TO use then influence j
procuring subscribers to this enterprise.
Let meetings be held in every township
in the State, and the enterprise brought
directly before farmers, and ! am sure
readily take hold OF il, and
help ifNalong; and in a few yeays3Iowa
will have ~ reputation of having the
BEST STOCK THE
BY the sale Of the sto.
ner proposed, it will be
over the State, and small.
nave an opportunity OF
single animal, OF the best bree.
the expense Of going out of the -
for il. There is to be in this enset Is.
mo monopoly Of a few rich ID.
Every share holder will have an eou.i
interest. according to the number of
shares he holds and all the profits oysr
the original cost and expenses Id procdr-
ing the stock viii be equally divided
among the shareholders, which I think
will amount to a GOOD interest on the
stock. And finally after the accomplish.
meht Of the object in view, the whole
amount of the stock will be redeemed.
| promise the public if I am sustained
this project shall not fail. Lei everv
farmer and every public spirited man ID
the State take hold and see who can do.
most TO further this enterprise.
THOMAS w. CLAGETT.
Pres, of th~ g