Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1886-03-04

a Cs-spassffve Cslsny On the aeaAA
There has been fnsnrurasei In thin
city 9 cooperative oolocy By George
yensble Smith and Others. on the plan
Of " The Credit Foncser of sinaloa," o,
Pacific Coiooy instituted By A. K Oxen,
Esq., tie chief engineer Of the Amer
can and Mexican Railroad The pl.n
and PRINCIPLES Of integral cooperation
are fully set forth in book Of 30 pages,
With maps and diagrams, entitled " In
.eersl Cs-operssioo." to be had AZ Mr..
Smiths Office or at the book stores An
outline Of the plan 10 briefly stated a.
follows, VIZ:
There will be an incorporation under
the laws Of the Territory. One hundred
thousand shares will be issued az tan
dollars per share, aud paid up shares
will be paid an Interest At ten per csnt.
| HE interest will be paid from the pro-
ceeds OF the sale of lot Interests. The
colony has procured a tsvnsite which 10
10 BE- divided into three thousand lots;
the lots are 70 be sold IN SIX series OF
Eve hundred each; the first series to be
sold 81 SO each. the second at e4o each.
the third at $50 each, the fourth at l6O
each, the ifth az 500 each and the sixth
at $50 each; the prices thus RISING by
the increase 10 value by the sale and
settlement Of the lots Every solopiss
must take one or more lots not exceed
ing block, and one or more shares for
each lot taken.
Ihe money received from the sale of
lots, after paying interest on shares, viii
be used fori the payment Of the town
site, the laying Of and improving OF
W arves, streets. aven ues and public
squares. The funds raised from, the
sale Of stock will be used in the cen
struotion Of mills, factories. DC, the
establishment Of mercantile houses, toe
erection Of public buildings, &c. Fruit
! raising, dairying and general farming
will be carried on in connection with
the other business of the colony.
The incorporated colony, through
business officers selected by ths cole
nists. will carry on and conduct all the
business and Industries and manage she
affairs of the city. which will be laid
out With view ~ health. comfort and
beauty, according ~ n Mighty perfected
plan accompany ink tue maps OF MI
Oven There Ali To tells supplied
with all the uOus ~ improvements, 90
operative kitchens g, sup, ly several res
licences, model hom IA separate OF
Independent homes, snIu as exist now
should any cslonist - prefer, which ID
unlikely, az the plan Of 90 operative
living proposed is said to secure the
utmost privacy and Independence OF
home life, while the 90 operation affords
supplies cheaper, better and more con
venisnt than can be done at home, ano
it sfectuslly solves the difficult servant
problem. The resident hotel seems, al
We are told. to be highly preferable tc
many oolonisss.
The profile on business and Industry
20 10 the oolsnists. Everything is %
arranged as 70 prevent one man from
imposing upon another, and go thai
every man gets the full results Of hi
industry. without danger from speoula-
tons, competitions, or any private en-
terprise.
About twenty families in Seattle have
joined the COLONY, and much interest il
manifested in IL. Those who under
stand 1t seem to be quite enthusiastic,
in its favor.