The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-09-12


only to advance its own interests but s
those of the railroad company and the
States through which it runs. The Board
of Directors is strong one, lndeed,com-
prisng Mr. John w. Garrett, Mr.. Robert
Garrett and Mr.. Samuel Spencer, Presi- !
dent, Vice President and I'd Nice-Presi ,
dent respectively of the b. II o. r. r.;
| ext. ). Senator Henry &. Davis, of
West Virginia, President w. Va. Cen
trail and Pittsburg Il. r.; r. Harrison
Garrett, the well-known banker, of Bal
timore; Mr.. William +. Burns, President
Eutaw Savings Bank of Baltimore, and
Hon. Ferdinand G. Latrobe, Mayor of
Baltimore. The objects of the company
are many and of the most practical
character, to-wit:
TO induce increased immigrationEto
the south aud southwest, particularly !
along the lines Of the Baltimore Il Ohio
company, and country tributary thereto,
TO which end, to acquire by purchase or
otherwise, the control of lands now sub
stantially in the wilderness and difficult |
OF disposal at remuneratiVe prices. TO |
market, work, let, lease, settle, improve, |
cultivate or otherwise dispose of lands |
and Entertainments in Maryland, Nir- |
ginia, West Virginia, or elsewhere in !
the United States, and generally to de- !
Velop the resources of such lands by !
building, planting, clearing and other |
wise dealing with the same. TO stock |
such lands, and to breed, Craze, fatten |
and deal in cattle, horses, sheep and |
produce. To buy or otherwise acquire
and work, railways, tramways, roads
and other works which may he deemed
eXpedient for the purposes of this COM
pany, and to contribute to the cost OF
! making, providing, carrying on and
working the same. To receive and take
} money on deposit, at interest or other
4 wise, on the guarantee of the company
or otherwise to raise money in such
-. manner as the company shall
9 think fit, and in particular by
) the issue of bonds and debentures
= charged upon all or any of the cont
}, pany's property (bOth present and fu-
i ture), including its uncalled capital. To
r make, accept, endorce and execute
promsory notes, bills of exchange and
other negotiable instruments. To pur-
chase, or otherwise acquire, and under
!. take, all or any part of the business,prO
, erty, tenure and Liabilities of any person
or company carrying on, or possessed OF
3 property suitable for the purposes of this
n company. To enter into partnership, or
Il into any arrangement for sharing
profits, union OF interests, or co-opera-
ton with any person or company carry
q ing ON, or about to carry on, any bust
10 ness which this company is authorized
% to carry ON, or any business or transac-
S ton capable OF being conducted so as,
directly or indirectly, to benefit this
company; or to take, or otherwise ac-
n, quire, and hold, shares; stocks or de-
P. bentures in any such company. To CO.
al operate with any other company having
e. objects wholly or in part similar 20
N those of this company. To sell
nj lease, mortgage or dispose of the under
IS taking Of thus company or any part
10 thereof for such consideration rs this
Il company may think fit, and, in paricu-
he lar, for shares, debentures or securities
Il of any other company having objects
10 wholly or In part similar to those of this
ii company. To invest the capital of the
Id company for any of the purposes aiore
NJ said, and in developing aud improving
or adding to the value of the lands ol
other property from time to time ac
quired by the company, and To make
IL maintain and use such works as thu
r. company may think necessary or OK
~, pedient for any of the purposes atOre
said. To acquire by grant, purchase o
II otherwise concessions of any rights
ra property or privileges from any Gov
TX eminent Estate, Territorial or Munich
H. pail and to perform and fulfill the terms
n and conditions thereof. To do all Sucl
other things MS the company may thinl
incidental or conducive to the attain
al, ment of any of the above objects or al
" them, or 10 the conversion or DISPOSE
y, ton of any security or property held bl
nd the company.
nm Representing, as this company does
as large ocean and land transportation in
terests, and having, by reason of thei
,st extensive European agencies and cor
bv porate organizations, unequallod iHcili
ties for selecting, transporting and 10
eating the very best class of immigrant
from France, Switzerland, Germany
a. Norway, Sweden, etc and such rs, trOu
I, their previous habits, education and pur
W suits, would be best qualified for settler
MS In the States named, it is ithe desire {
he submit to the owners of lands, contigu
ng Gus TO the Baltimore and Ohio railrOa,
system, propositions looking TO u Ian,
pool, which must aggregate not les
than 10000 acres, tho interest of each (
la- depend upon the value of the acreag
ate put in. In order that the interests q
nd the different parties may be equalize
,,,U and determined, tho lands pooled, sbal
W be surveyed into tracts of twenty-ilv
acres or more, with reference to prope
distribution of water, timber and guilty
able lands, and shall bo valued by dis
rus Interested board of appraisers, consiS
,,,, ing of not less than three persons con
10 petent in such matters, aud entirely II
rye dependent of, and uncOnnectGd with IN
ing interests involved, to be nominated h
those Joining in this plan, and tn
pooled interests of each land-uwut
Shall he based upon this valuation
sue Certificates o. this interest Will
Vol issued to the several owners In eNChanl
AMI for the lands, which will he placed
ons tho hands Of a Trust company,
trustees mutually selected. So soon
the trustees are in possession of the
lands and can pass title for any ira
re- that may be sold, the Baltimore M
sing Ohio lmmiErati99h c ,h VIII pr
sa ,ls ton agencies associated with it and &
WIN Baltimore aud Ohio Railroad compal
To secure the most thrifty and desirab
immigrants, and such as are he
Era auSP, sol W ~ The traris 10 he settled. al
Chi transport and locate them upon SUI
,ere lands within a reasonable period al
without expense to the land-owne
In order to secure the best kind of II
migrants, provision will be made
furnishing houses, tools cattle, ETC.,
IaL. the immigrants II settles on said Liant
- upon reasonable terms, so Us 10 enal
ny them to make agood start.
'A'" This is u sketch of plan which, u
the believed, will readily commend itself
eve favorable consideration. II needs no
gument TO show, ii carried out,
n In great advantages which will result
ii all concerned, particularly to those W
anu own large tracts OF land now snbsti
lrdy TALLY in the wilderness aud difficult
oh a disposal at remunerativc prices. unt
hicb the programme proposed such lands 9
l.on he sold, populated aud improved vii
care out trouble or expense to their own'
Dm- other than the appropriations of 70
uus' cent. of the net proceeds, which, A
he bslieved. would be almost immediate
, the more than covered nv the enhan,
than value of such adjacent tracts as q
ives, niyht reserve for private disposltl
VIII The history of settlements In the w
Dme. and Northve,t shows that where Ia