The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-27
United states Land Csssap&uy.
CAPITAL 2l20, 700,


DIRECTORS AID rKUsrEEs.
Eeivl Wilson. ESQ.,,
M. Hartlapd kahon, Eeq.,
Ambrose Moore, ESQ.,,
william Prossey, ESQ.,,
Henry XortlOCk Ommanney, ESQ.
MANAGING DIREUTOR
William Prinsep, ESQ.
LOCAL SUPERINTENDENT.
Geo. Ossain, ESQ.
SOLICITORS.
lesErs. Sutton, Ewers, Ommknney and Prudence.
BANKERS.
London Joint Stock Bank.
CoMPARY's OFFICES.
No. Walb-0ok, near tDo Mansion Honse. London
AGENCY IN TIE UNITED STATES.
North American Land and Emigration Company,
100 Broadway, New York.
Ferris Pell, Esq, President
Thomas Rawlings, Esq, Manager.
This company is Termed to facilitate emigration
10 fhe United States Of North America
It ia well known that An immense and constantly
| increasing emigration is going forward from the
United Kingdom and the northern parts Of the con-
taneBt 10 that county. 1t is also known that vast
majority Of the emgrants leave their native shores
without any plan Of future proceedings, and are con-
seqnently exposed from the momeni OF landing to Q
variety Of unforeseen difficulties.
| The object OF this company viii DO TO obviate
those difficulties far a. practicable BY combining
the provision Of an eligible location, comfortable
grant with profit to those who may support the en-.
terprse by their subscriptions for shares and Ar
rangenents have been completed with the North
American Land and Emigration Company OF New
York TO cooperate with this company In carrying
out these intentions in the most effective manner.
II il intended TO purchase wei selected lands in
none but salubrious and convenient localities, upon
eligible terms and after proper investigation to be
desired for settlement investment regard being
had, in the alotments and sales not only TO the &C
comnodaios Of settlers, but also 10 the Improvement
In vaae OF the reserved portions FOR the greatest ad
L vantage of all parties concerned.
The dirs ctOrs have undertaken the sale or lands
on commission, and it is beheued that an agency OF
this character may he greatly and advantageo0sly
/ extended Large tracts in The States Of Illinois,
Virginia Indiana, New York, Ohio, Tennessee, Wis.
| coDsn, Michigan and Pennsylvania have already
been placed at their DISPOSAL and are recorded on
their books for sale.
As an immediate commencement OF the operations
the company, arrangements have been made for the
purchase OF acres Of land inthe central part OF
The State of Texas, under title direct from the
government of the state, which title has been legally
transferred 10 one ofthe directors and registered in
his name in the proper Office in that country. This
tract situated In Milan county tho finest portion
Of the State, about forty miles north from Austin,
The seat OF government II il well supplied with
streams of pure water, and with groves Of fine tim
Der for building and other purposes, and is inter
spersed with rich prairie or meadow land. The soil
IL especially suited 20 all kinds Of English sgrcul-
tuye and TO the cultivation Of all European fruits
and vegetables, as well as TO the most productive
growth Of Indian corn, and the prsarle grasses OF
-
rearing and fattening OF every kind OF stock.
These advantages are certified in q most satsfsc-
tory manner by several English gentlemen who have
lately travssed the country, and whose conurrsnt
testimony fully demonstrates the eligibility Of GER
tain localities for European settlements, and IL IL
believed that portion OF the United States offers
greater advantages TO emigrants IN regard - SOIL
climate productions the present prices OF land and
the prospect of rapid increase 10 its value. Two
other tracts of similar extent and quality, In dif
iernt part of the same State are at the disposal Of
the company, should the demand Tor settlement
| render their Immediate acquisition desirable.
Upon any Of these lands in the State OF Texas &C
tua settlers wiz have the right during The h<st year
Of each new settlement Of paying for their lAnds
is the original cost, with expense Of survey, until
onehalf Of each entire tract Ia disposed Of, that
being the quantity limited for sale during the drst
year of its settlement. The method Of aottng and
selecting these lands, so a. 10 make the several Al
lotments az nearly practicable Of uniform value,
and 10 secure priority OF choice TO the first SET
tiers II detailed in separate paper, which also con-
tains particular Information upon other important
points.
Landed propretors who msy become shareholders
for the purpose Of Awaiting themselves OF the fac
ties afforded by the company for making safe pro
win also have the privilege, during the same period,
of converting their shares into lands for actual set
tlement ut the same price within the quantity limit
ed for sale a. above, 70 be see,ted In similar
manner.
Theee two classes of shareholders will each have
the further privilege Of converting any Of their shares
not absorbed during the first year Into lands dur.
ing any succeeding yeas, a prices 20 per cent below
the selling prices 70 the public At the time, 70
nouncing the dividends upon the shares 20 con-
verted FOR the last preceding year, until the
quantity limited by the directors for sale during
such year Is disposed Of provided thAt In no caae,
the pTce of such shareholders shall be less than o.
per acre. "
Artisans settling in any town 70 be laid out by the
company viii be permitted during the first year 10
convert half their shares into town lots, and the
other half in equal proportions during the next two
prices 20 per cent below the csrrent sale prices 30
others instead Of taking lands ~ other settlers.
Every allotment Of 80 acres Of land, or OF town
Iots Of equal value, purchased In the nrss year,
whether BY shareholders or others, win b entitled
10 an additional allotment free of cost Of town
lot, 10 be assigned by ballot
perons exchanging any Of their shares for lands
town lots belonging to the company viii cease 70
be shareholders 90 far a. such exchange may en-.
tend and w1 IN respect OF such shares, be entitled
70 no further benefit from the funds OF the company
II will be seen that ax shares exactly equal 70
the cost Of one allotment Of 80 acres at the above
price, viz, ga.
Settlers desiring TO purchase allotments by i'm
mediate payment ct The above rate, instead OF be-
coming holders OF shares In the companys stock,
viii receive land warrants instead Of share
certificates, according 20 priority OF application,
AZ fer a. lands may 6e available under the above
limits after the wants Of shareholders have been
ugPl.sd; iii, b. taken % ..o,-, . N. o.. mo
Jerste cost 10 emgrsnts, and without any profit 70
i've com paDy, The means Of easy and rapid transit
both by sea and afterwards by land, 10 The place a
fascination With every attention 10 their health and
comfort: and, under such arrangements, u y oalcn
latsd that the voyage 20 Galveston, ana TIE nbse'
qnent land Journey 70 siism county may pc scoon,
tpert viii on The sans terms, prepare sufficient
ent Dlv OF provisions st,Tes end Temporary habita