The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1884-09-14

to the value of, the lands or other pro-
perty from time to time acquired by the
Company, and to make, maintain and
use such works as the Company may
THINK necessary or eXpedienU for any of
the purposes aforesaid. To acquire by
grant, purchase, or otherwise, conces-
slons OF any rights, property or privi-
leges from any government Estate, Ter
rItorial or municipaD, and to perform
and fulfil the terms and conditions there
OF. TODD all such other things as the Com
pany may think incidental or conducive
to the attainment of any of the above
objects, or all of them, or to the CONVEX
sion or disposition of any security or
property held by the Company.
Representing, as this Company does,
large ocean and land transportation
interests, and having, by reason OF their
extensive European agencies and cor
porate organizations, unequaled faeili-
ties for selecting, transporting and To-
eating the very best class OF immigrants
from France, Switzerland, Germany,
Norway, Sweden, etc., and such as,
from their previous habits, education
and pursuits, would be best qualified
for settlers in the States named, it is
the desire to submit to the owners of
lands contiguous to the Baltimore and
Ohio Railroad system propositions
looking to u iand-pool, which must
aggregate not less than 60 900 acres, the
interest of each to depend upon the
value OF the acreage put in. In order
that the interests of the different parties
may be equalized and determined, the
lands pooled shall be surveyed into
tracts of twenty-five acres, or more,
with reference to a proper distribution
OF water, timber and cultiyable lands,
and shall be valued by a disinterested
board of appraisers, consisting of
not less than three persons COM
petent in such matters, and entirely
independent of, and unconnected
with, the interest involved, to be
nominated by those joining in this plan,
and the pooled interests of each landss
owner shall be based upon this valua-
ton. Certificates of this interest will
be issued to the several owners in ex-
change for the lands, which will be
placed in the hands of Trust Com
pany or trustees mutually selected. SO
soon as the trustees are in possession of
these lands and can pass title for any
tract that may be sold, the Baltimore
and Ohio immigration Company will
proceed, with the aid of the foreign i'm
migration agencies associatedwith it and
the Baltimore and Ohio Railroad Com
pany, to secure the most thrifty and
desirable immigrants, and such as are
best adapted to the peculiarities of soil
and climate OF the tracts to be settled,
and transport and locate them upon
such lands within a reasonable period
and without expense to the land own
In RI fha l.,
of immigrants, provision will be made
for furnishing houses, tools, cattle, etc,
to the immigrants it settles on said
enable them to make good start.
This is sketch OF plan which, it is
believed, will readily commend itself to
favorable consideration. It needs no
argument to show, if carried out, the
great advantages which will result to
all concerned, particularly to those who
own large tracts OF land now substan-
italy in the wilderness and difficult of
disposal at remunerative prices. Under
the programme proposed such lands can
be sold, populated and improved with
out any trouble or expense to their
owners other than the appropriation of
% per cent. of the net proceeds, which,
it is believed, would be almost immedi-
ately more than covered by the en-
HANGED value of such adjacent tracts as
they might reserve for private dis
position. The history of settle
ments in the West and Northwest
shows that where land companies
with sufficient resources have been prop
erly managed, under well-ordered sys-
TENS, the result almost invariably has
been large profits and benefits to all
concerned. While the conditions under
which settlement must be made in the
aboye-named States are essentially diff
ferent from those encountered by colo
nization societies in the West, it is
believed that the proposed plan can be
started under such favorable auspices as
will insure equally favorable results.