Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1884-09-18
How IL is Proposed to Settle and make Profitable
Large Sections of Country now Unproductise.
The Men who have Taken Ii In Hand.
The Money aud the Powerful Corp0-
ration behind the Movement.


do not operate against general prosper
lty. AT no time possibly have matters
appeared in more propitious shape for
Eastern lines TO enter into emigration
measures than now, and, as usual, the
Baltimore ard Ohio takes the initia-
tive. The corporation has among its
principal stockholders and officials
energetic and far-seeing men who, real
izlng the importance of the situation,
have associated themselves in the or
ganization of an emigation company
with other gentlemen of undoubted
prominence in business circles, whose
success in great commercial undertake
ings stands as the strongest possible
guarantee of the future of the new en-
terprise. 1t has already been incorpor-
ated under the laws of the State of
Maryland, and with a capital stock of
one millions dollars the Baltimore and
Ohio Emigration Company will be in
grand position not only TO advance
its own interests but those of the rail-
road company and the States through
which it runs. The Board of Directors
is strong one indeed, comprising Mr..
John w. Garrett, Mr.. Robert Garrett
and Mr.. Samuel Spencer, President,
respectfully of the b. 4 o. r. R; eX-U.
s. Senator Henry &. Davis, of West
Virginia, President w. Va. Central and
Pittsburg r. r.; I. Harrison Garrett,
the well-known banker, of Baltimore
Mr.. William +. Burns, President Eutaw
Savings Bank of Baltimore, and Hon.
Ferdinand G. Latrobe, Mayor of Balti-
more. The objects of the company are
MANY and of the most practical charac-
ter, to-wit:
To induce increased immigration to
the South and Southwest, particularly
along the lines of the Baltimore and
Ohio Company, and country tributary
thereto; to which end, TO acquire by
purchase, or otherwise, the control of
lands now substantially in the wilder
ness and difficult Of disposal at remun-
eratve prices. To market, work, let.
lease, settle, improve, cultivate, or
otherwise dispose of lands and heredita-
ments in Maryland, Virginia, West
Virginia, or elsewhere in the United
States, and generally to develop the re-
sources of such lands by building, plant
ing, clearing and otherwise 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 make,
provide and carry ON, use and work,
railways, tramways, roads and other
works which may be deemed eXpedient
for the purposes of this Company, and
to contribute to the cost of making. pro-
viding, carrying on and working the
same. 70 receive and take money on
deposit at interest or otherwise, on Il @
guarantee of the Company or otherwise.
to raise money in such manner as the
Company shall think fit. and in partic-
ular by the issue of bonds and deben-
lures charged upon all or any of the
Company's property (both present and
future), including its uncalled capital.
To make, accept, endorse and execute
promissory notes, bills of exchange and
other negotiable instruments. 10 pur-
chase, or otherwise acquire, and under
take, all or any part of the business,
property. tenure aud liabilities of any
person or company carrying on any
business which this Company is author
lied to carry on, or possessed of prop
erty suitable for the purposes of this
company. TO enter into partnership,
or into any arrangements for sharing
profits, union of interests, or co-opera-
ton with any person or company carry
ing on, or about to carry on, any bust
ness which this Company is authorized to
carry on, or any business or transaction
capable of being conducted so as, di-
rectly or indirectly, to benefit this Com
pany; or to take, or otherwise acquire,
and hold, shares, stocks or debentures
in any such Company. TO cooperate
with any other company having objects
wholly OF in part similar to those of this
Company. To sell, lease, mortgage or
dispose of the undertaking of this Com
pany. or any part thereof. for such con
Sideration as this Company may think
fit; and, in particular for shares, deben-
lures or securities of any other company
having objects wholly or in part similar
to those of this Company. TO invest
the capital of the Company for any of
the purposes aforesaid, and in develop
ing and improving, or adding to the
value of, the lands or other property
from time to time acquired by the Com
pany, and to make, maintain and use
such works as the Company may think
necessary or eXpedient for any of the
purposes aforesaid. To acquire by
grant, purchase, or otherwise, conces-
sions of any rights, property or privi-
lodges from any Government Estate,
Territorial or MunicipaD, and to per
form and fulfill the terms and condi-
tions thereof To 60 all such other
things as the Company may think
incidental or conducive to the attain
ment of any of the above objects, or all
of them, or to the conversion or dispos-
ition of any security or property held by
the Company
Representing as the Company does
large ocean and land transportation
interests, and having, by reason of their
extensive European agencies and cor
porate organizations, unequalled FACT
lities for selecting. transporting and
locating the very best class of immi-
grants from France, Switzerland, Ger
many, Norway, Sweden, etc, and such
as, from their previous habits, educa-
ton and pursuits, would be best quail
fed 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 a land-pool, which must ag-
gregate not less than 10000 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 cultivable lands, and
shall be valued by a disinterested board
of app aisers. consisting of not less
than three persons, competent in such
matters, and entirely independent of,
and unconnected with, the interests
involved. to be nominated BY those
joining in this plan, and the pooled
| interests of each and-holder shall be
based upon this valuation. Certificates
of this interest will be issued to the
several owners in exchange for the
lands, which will be placed in the hands
OF Trust Company, or trustees mutu-
ally selected So soon as the trustee
are in possession OF these lands and can
pass title for any tract that may be
! sold, the Baltimore and Ohio Immigra-
ton Company will proceed, with the
aid of the foreign emigration agencies
| associated with it and the Baltimore
and Ohio Railroad Company, to secure
the most thrifty and desirable immi-
grants, and such as are best adapted to
the peculiaritles of climate and soil OF