Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1884-09-18
SON COUNTY " VA THURSDAY SEPTEMBER 49, 1884. NO

OBJECTS Wholly OF III part >lilii'ti w s"">N va
this Company To sell, lease mortgage or
dispose of the undertaking OF this Company
or any part thereof, for such consideration
as this Company may think fit; and, in par
ticular, for shares, debentures 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 devei-
oping 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 Com
pany may think necessary OF expedient for
any of the purposes aforesaid To acquire
by grant, purchase, or otherwise, conces-
sions of any rights, property or privileges
from any Government State, Territorial or
Municipall, and to perform and fulfil the
terms and conditions thereof. To do 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 disposition OF
any security or property held by the Com
pany.
Representing, as this Company does, large
ocean and land transportation interests, and
having. byreason of their extensi We Euro
pean agencies and corporate organizations,
unedualled facilities for selecting transport
ing and locating the very best class OF I'M
migrants from France, Switzerland Ger
MANY. Norway, Sweden, etc, and such as,
from their previous habits, education and
pursuits, would be best qualified for settlers
in the States named, il is the desire to sub
NIT to the owners of lands contiguous to the
. n I.:. l.. ni,,n Do.lrnol nrnnOsf-
tions looking TO Il land pool, which must ag-
grecate not less than 10000 acres the inter-
est of each to depend upon the value oi
the acreage put in. In order that the m
tcrests of the different parties may be equal.
lied and determined, the lands pooled shall
be surveyed into tracts of twenty-five acres
or more, with reference to proper distri-
button of water, timber and cultivated lands,
and shall be valued by disinterested board
ofappraisers consisting of not less than three
persons competent in such matters, and en-
tirely independent of, and unconnected with
/ the interests involved, to be nominated by
( those Joining in this plan, and the pooled
interests Of each landowner shall be based
upon this valuation. Certificates OF this M
: terest will be issued 10 the several owners IN
exchange for the lands, which will be placed
in the hands of Trust Company, or trus-
tecs mutually selected So soon rs the
trustees are in possession 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 II ana
the Baltimore x Ohio Railroad Company, 10
secure the most thrifty and desirable immi-
grants. and such as are best adapted to the
peculiarities Of climate and soil oil the tracts
be to settled, and transport and locate them
upon such lands within a reasonable period
and without expense to the land owners
In order to secure the best kind OF immi-
grants. provision will be made for furnish
ing houses, tools, cattle. etc. 10 the lmml-
grants il settles on said lands, upon reason
able terms. 50 rs to enable them TO make
good start ..,
This is a sketch Of plan which, it IL be-
lieyed, will readily commend itself to favor
able consideration. Ii needs no argument
to show, if carried out, the great advantages
which will result TO all concerned, particu-
larly to those who own large tracts OF land
now substantially III the Wilderness ana dii-
iicult Of disposal at remuneratiye prices.
Under the programme proposed such lands
can be sold, populated and improved Win
out trouble or expense to their owners other
than the appropriation Of q per cent. OF the
net proceeds, which, it is believed, would
be almost Immediately more than covered
by the enhanced value Of such adjacent
tracts as they might reserve for private dis
position. The history Of settlements in the
West and Northwest shows that where land
companies with sufficient resources have
been properly managed; under well ordered
systems, the result almost invariably has
been large profits and benefits to all con-
cerned. While the conditions under which
settlement must be made in the above named
States are essentially different from those
encountered by colonization societies in the
West, it is believed that the proposed plan
can be started under such favorable auspices
as will insure equally favorable results.