Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1888-04-20
VALLEY IMMIGRATION SOCIETY,"

TEE-THE CHARTER ADOPTED TIL
PURPOSES OF THE SOCIETY DISCUSSED
THE LIST OF CoRPuRATORs,
&C., &C., &C.
The meeting for forwarding immigra
ton to the Valley, by means of the sail
of its farms to residents of the West anl
Northwest, reassembled on Tuesday last
! at noon, according to adjournment, in thu
City Council Chamber. The attendance
Was larger than at any previous meeting
and a number were present for the first
time.
Mr.. A. c. Gordon explained to the new
visitors what had been done before.
THE CHARTER,
In the absence of Mr.. J. A. Patterson
the Chairman Of the Committee having
the matter in charge, Judge Charles Graf.
tan read the charter agreed upon. The
following is synopsis of its contents,
| the name of the company having been
changed from Land Advertising League
of the Valley of Virginia" to Valley I'm.
migration Society,":
,, The incorporates are Samuel Driver,
Samuel L. Wampler, b. F. Eakle, E. A.
Fuleher, j. A. Patterson. M. F. Peterfish
and A. c. Gordon of Augusta; Cornelius
driver and George Chrisman of Rocking
ham; J. P. Moore OF Rock bridge, Edward
Dillon of BOtetourt; A. A. McAllister of
Allegheny; A. F. Withrow of Bath; VIM.
Mines of Shenandoah. and J. b. BradshaW
of Highland.
Sec. 1. The name shall be Valley Immi-
grafton Society.
2. The capital stock not less than $500
nor more than 5000. at $40 per share.
8. The purpose is to receive for adver-
tisement, real estate which has been previ-
ously viewed and valued by the company's
valuer and the advertising fee to bs pro
portioned to the value fixed.
T. Valuers of experience to be appoin =
ted by the company whose fee shall be paid
by the land owner and who shall PERSONAL
lY visit, inspect and fix fair prica on the
land, at which price the company will ad :
vertise it. No land to be received for ad-
vertisement except such as the company's
valuer and the owner have previously
agreed on the selling price of.
5. Cheap railroad transportation to be
secured by the company for land buyers
from the West.
6. The company to print and distribute
in pamphlet or other form, advertisement
of the land showing its value, the value it
is assessed at for taxation, its advantages
Of location, and giving certificate of its
value signed by the company's Valuer and
the title certified to be clear by some at
torney not objected to by the company.
Z. The company to employ agents to
travel West. distribute pamphlets and per-
sonally and by public meetings and in every
induce immigration; ascertain and recon-
mend to immigrants the nearest and cheap
est routes to the lands they want to inspect.
s. The corporators shall elect Presi-
dent, Secretary, and Treasurer. Every
share of stock carries one vote, and no
voting by proxy.
8. The Board of Directors shall estab-
lish Offices and agencies, the principal one
of which is to be IN Staunton.
TO- Stockholders not 20 be liable for the
company's debts beyond the amount of
stock they have taken and not yet paid
for.
IL. The c0mpaDy's taxes shall be paid in
lawful money of the United States and not
in coupons.
II. No Valuer or other agent of the COM
pany shall receive any fee or reward from
advertisers, or be in any way Interested in
the sale of land.
THE DISCUSSIONS ON THE PURPOSES OF
THE COMPANY.
The discussions which attended the con-
sideration of the charter, section by sec
! ton, were of interest as more fully show
ing the views and purposes of the gentle
men forming the Society. They were par
ticipated in by Messrs. Driver, Grattan.
Fulcher, Eakle, Peterfish, Ker. aud Cor
dol. When Sec. was up, Mr.. FuIeher
suggested thatit was doubtful measure to
require land to be offered at the Sot iety's
valuation instead of allowing the owner TO
fix his own value. 1t would not be pop
ular measure with land owners.
THE sOCIETY's CERTIFICATE TO BEA
VOUCHER.
Judge Grattan said he thought that was
one of the most beneficial and important
provisions in the plan. A buyer is thou
T
thousand miles to Virginia to look at your
land to see what it is worth. I want to
know what is the real value of your land
what 1 am to get for my money. To that
the Society's agent can, under the provi-
sions Of Section say, here is land valued
| by an agent of the Society and you have
| his and the Society's voucher from per
. sonal inspection, that the price named is
the real value of it. A western man who
comes to Virginia and finds he has been
.. offered poor land at a high price will &c
back, spread it among his neighbors, and
urge them to have nothing to do with the
land offered by the Society. 1t would hurt
the Society and destroy confidence in it.
We want our agent when he offers farms
to be able to say conscientiously and Ger.
tainly, that they are north the money asked
for them.
Mr.. Fulcher-Still think it would be
best to let man who owns land fix hi
own price and settle it with the buyer.
Mr.. Driver-If our Agent was asked
i out West if piece of land he offered was
too high, and knew it Was; what could hs
say? He couldn't say it was worth it.
Mr.. Grattan thought the valuation by
the companY's Valuer was the key note
of the grounds on which public confidence
in our Society was asked.
| Another member said that without tina