Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1884-09-13

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 ac-
quire 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, providing, carry
ing on and working the same. To re-
ceive and take money on deposit, at
interest or otherwise, to raise money
in such manner that the company
shall think fit, and in particular by
the issue of bonds and debentures
charged upon all or any of the com
pany's property (both present and fu-
ture), including its uncalled capital.
To make, accept, endorse and execute
promissory notes, bills Of exchange
and other negotiable instruments. To
purchase or otherwise acquire, and
undertake all or any part of the bust
mss, property, tenure and liabilities of
any person or company carrying on any
business which this company is author
lied to carry on, or possessed or
property suitable for the purposes Of
this company. To enter into partner
ship, or into any arrangement fer
sharing profits, union or interests, OF
cooper alton with any person, or COM
pany carrying OF, or about to carry
on, any business which this company
is authorized to carry on, or any trans
action capable of being conducted so
as, directly or indirectly, to benefit
this company; to take, or otherwise
acquire and hold, shares, stocks or de-
bentures in such company. To CO.
operate with any other company hav-
ing objects wholly or in part similar to
those of this company. To sell, lease,
mortgage, or dispose of the undertake
ing Of this company, or any part
thereof, for such considerations as the
company may think fit and, in par
ticular, for shares, debentures or Sc
curities OF any other company having
objects whole or in part similar to
those of this company. To invest the
capital Of the company for any of the
purposes aforesaid, and in developing
and improving, or adding to the value
of, the lands or other property from
time to time acquired, 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, pur-
chase, or otherwise, concessions of any
rights, property or privileges from any
Government Estate, Territorial or
MunicipaD, and to perform and fulfil
the terms and conditions thereof. To
do all such other things as the COM
pany may think incidental or con-
ducive to the attainment of any Of the
above objects, or all Of them, or to the
conversion or disposition Of any Sc
curity or property held by the COM
pany.
Representing, as this company does,
large ocean and land transportation
interests, and having: by reason Of
THEN extensive European agencies and
corporate organizations, unequalled
facilities for selecting, transporting
and locating the very best class of i'm
migrants from France, Switzerland,
Germany, Norway, Sweden, ETC., and
such as, from their pursuits, would be
best qualified for settlers in the States
named, II is the desire to submit to the
owners Of lands contiguous to the
Baltimore and Ohio railroad system
propositions looking to a iand-pool,
which must aggregate 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 eQuallzed
| and determined, the lands pooled shall
be surveyed into tracts Of Twenty-Five
acres OF more. with reference to Il
proper distribution OF water. timber
and cu!tirahle lands, and shah be val
ued by . G;sintere*teI board Oh Ap-
pritisers, consisting Of lOt less thin
three persons competent iioSacH mat
tcrs and entirely independent OF, and
nncnOnected with the interests involv-
ed, to be nominated by those joining III
this plan and the pooled interestsof each
landowner 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 iii the hands of q Trast COM
panY, CT trustees mutually selected.
So soon as the trustees are III possess
/ ion OF these lands and can pass title
for any tract that may be sold, the
Baltimore and Ohio Immigration com
pany will proceed with the aid of the
foreign emigration agencies associated
with it and the Baltimore and Ohio
/ railroad ropnnanv IN cannra tna N, a.