Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1884-09-15

Ho1hAu8 tne same. 10 receive and take
money on deposit, at interest or other.
wise, on the guarantee of the company
or otherwise, to raise money in such
manner as the company shall think fit,
and in particular BY the issue of bonds
and debentures charged upon all or any
of the company's property (both present
and future), including Its uncalled capi-
tai. 10 make, accept. endorse and exc
cute promissory notes, bills of exchange
and other negotiable instruments. To
purchase, or otherwise acquire, and un-
dertake, all or any part of the business,
property, tenure and liabilities OF any
person or company carrying on any bnsi-
ness which this company is authorized
to carry on, or possessed of property
suitable for the purposes of this com.
pany. To enter into partnership, or into
any arrangement for sharing profits,
union of interests, or cooperation with
any person or company carrying on, or
about to carry on, any business which
this company is authorized to carry on,
or any business or transaction capable of
being conducted so as. directly or ind1-
rectly, to benefit this company; 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 or in
part 1. similar to those Of this COM
pany. To sell. lease. mortgage or dis
pose Of the undertaking of this company,
or any part thereof, for such considera.
tion as this company may think it fit;
and, in particular, for shares, debentures
or securities of any other company hav.
ing 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 developing
and improving, or adding to the value
OF, the lands or other property from time
to time acquired by the company, and to
make, maintain and use such works as
the company may think necessary or ex.
pedient for any of the purposes aforesaid.
10 acquire by grant. purchase, or other.
wise, concessions OF any rights, property
or privileges from any government
(state, territorial or municipal), and to
perform the terms and conditions
thereof. To do all such other things as
the company may think incidental or
conducive 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 company.
Representing, as this company does,
large ocean and land Transportation
interests, and having, by reason of their
extensive European agencies and corpo.
rate organizations, unequalled facilities
for selecting, transporting and locating
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, if it is the desire to
submit to the owners of lands contipu-
GUS to to the Baltimore and Ohio system
propositions looking to land. pool
which must aggregate not less than Co..
QUO acres, the interest of each to depend
upon the value of the acreage put in
In order that the interests of the differ.
ent parties may be equalized and de-
termined, the lands pooled shall be sur
veyed into tracts of twenty five acres O,
more, with reference to proper distri
button of water, timber and cultivabl,
lands. and shall be valued by a disinter
ested board of appraisers, consisting O
not less than three persons competen
in such matters. and entirely independ
ent of, and unconnected with, tb,
interests involved. to be nomina
ted by those joining in this plan
and the pooled interests of eact
landowner shall be based upon thi
valuation. Certificates of this interes
will be issued to the several owners i,
exchange for the lands, which will b,
placed in the hands of Trust company
or trustees mutually selected. So sool
as the trustees are in possession of thes
lands and can pass title for any trac
that may be sold, the Baltimore ant
Ohio immigration company will proceed
with the aid of the foreign emigratio,
agencies associated with it and the Balti
more and Ohio railroad company, t,
secure the most thrifty and desirabl
immigrants, and such as are best adapte,
to the peculiarities of climate and soil o
the tracts to be settled, and transpor
and locate them upon such lands wirhil
q reasonable period aud without expens
to the land owners. In order to secur
the best kind of immigrants, provision
will be made for furnishing houses, tools
cattle, etc., to the immigrants it settle
on said lands, upon reasonable terms. 4
as to enable them to make good star
This is sketch of plan which, it i
believed, will readily commend itself t,
favorable consideration. It needs n
argument to show, If carried out, th
great advantages which will result to al
concerned, particularly to those VIII
own large tracts of land now substan
italy in the wilderness and difficult {
disposal at remunetative prices. Unde
the programme proposed such lands ca
be sold. populated and improved will
out trouble or expense to their owner
other than the appropriation of twenty
five per cent of the net proceeds, which
it is believed, would be almost immt
diately more than covered by the Ell
hanced value Of such adjacent tracts g
they might reserve for private disposi
tion. The history of settlements in th
west and northwest shows that whe,
land companies with sufficient resource
have been properly managed. under We
ordered systems, the result almost inval
iably has been large profits and benefit
to all concerned. While the condition
under which settlement must be mad
in the above named states are essent
ally different from those encountered b
colonization societies in the west, it
believed that the proposed plan can
started under such favorable auspice
.. as will insure equally favorable result
Buekisn's Anica Salvs.
The best salve in the world for Gus
Bruises, Sores. Ulcers, Salt Rheum. Few,
Sores, letter. Ohapped Hands, Chill
blains. Ocrns, and al akin eruption
and positively cures Piles. OF no pa
required. Il i guannteed 70 81,
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