Daily Yellowstone journal. [volume] (Miles City, Mont.) 1882-1893, 1884-09-12

undertaking Of tins Company, or any
part thereof. for such consideration M
this Company may think 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 develop
ing 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 expedient for any
Of the purposes aforesaid. To acquire
by grant. puk use, or otherwise, con.
cessions of AN rights, property or
privileges from ny Government
State, Territorial or Municipal, and
to perform and fulfill the terms aud
conditions thereof. TO do all such
other things as the Company may
think incidental or conducive To- the
attainment Of any Of TIN above objects,
or all of them. or to the conversion or
disposition Of any security or property
held by the Company.
Representing. rs this ompaDy does,
large ocean aud land transportation
interests, and having, by reason Of
their extensive European agencies
aud corporate organizations. UNI
eluaIed facilities for selecting, trans
porting and locating the very bert
class Of migrants from France. swift
zerland, Germany, Norway, sweden.
etc., and such as, from their previous
habits. education and pursuits, would
he best qualified for settlers in the
States named, it IL the desire to sub
NIT to the owners Of lands contiguous
to the Baltimore and Ohio Railroad
system propositions looking Ia land
pool, which must aggregate not lese
than On, 900 acres, the interest Of each
to depend upon the value Of the acre
age put In. I'm order that the inter-
ests of the different parties NAV be
equalized and determined, the Il DIS
pooled shall be surveyed into tracts Of
twenty five acres or more, with refer
ence TO a proper distribution OF water,
timber and cultIvsbIe lands, aud shall
I've valued by q disinterested board Of
appraisers, consisting of not less than
three persons competent In such mat
tiers, and entirely independent Of, and
uncon lected with, the interests in
volved, to Ike nominated by those join
ing In this plan. and the pooled inter-
ests of each landowner shall be based
upon this valuation. Certificates OF
this interest will be issued Ia the sew
eral owners In exchange for the lands,
which will be placed In the hands Of n
Trust Company, or trustees mutually
selected. 80 soon as the trustees are
In possession Of these lands and can
pass title for any tract that may he
sold. the Baltimore and Ohio Immi-
grafton Company will proceed. with
the aid Of the foreign emigration
agencies associated with 1t and the
Baltimore and Ohio Railroad COM
pany, To secure the most thirty aud
desirable immigrants, and such ~ are
best adapted TO the peculiarities Of
climate aud soil of the tracts to Ike set
tied, aud transport and locate them
upon such lands within reas0nsble
period aud without expense to the
land owner. In order to secure the
best kind of immigrants, provision
will I've made for furnishing houses,
tools, cattle. ETC.. TO the immigrants II
settles on said lands. upon reasonable
terms, 80 us to enable them 10 make
good start.
This IL sketch Of a plan which. IL
h believed, will readily commend
itself to favorable consideration. IL
needs no argument to show, II carried
out. the great advantages to all con-
cerned, particularly to those who own
large trncts Of land now substantially
In the wilderness and dliiicult of dls-
posal at remunerative prices. Under
programme proposed such lands c.l
he sold, populated aud improved with.
out trouble or expense 10 their ownen
other than the appropriation Of Is pr
cent Of the net proceeds. WHICH. Il b
believed. would he almost iname6i-
ately more than coyered BY the 60
HANGED value Of such adjacent tT.cll
as they might reserve for prlvass -
position. TIE history Of seeiDsaeGlp
In the West and Northwest 49,
that where land companies with So
Client resources have been prspeE(y
managed, under well-ordsrsd syssssna,
the result almost invariably has bssa
large profits and bensflt - I'll ~.
cssned. While the condItioes eh6sr
which settlement must be made b ~
shove named States ere s1ssnfln1lr
dl0esent nom those suepuntssv1 II
csloniznxien societies In The WEI, n =
bsllsvsd thst the prspsss1 ~ -
~ started under uuch hvugohls -
plcss ~ win Insure squsIly isvsn
results. NJ I. r A n