Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1891-09-17

Prom their Hssa-. In 7tv..s.
N"'N- sept l. In Commenting
on the details Of Baron Hir~ch-S Jewish
eoioniEataon scheme. the Times saxS-
his colossal scheme il IA, no~. -
mar FSaoie of the kind ever launched by
pfAc'ieal men IL is impossible. how
ever not 10 entertain miSyivins-< a to
rs future The fitness Of The T~vxx TO-
'he proposed career nav l.. doubted
"i's II u was worked on a large ~eale
the car might refuse To le, his r-r.,,i.
go Finally. the VERY marnituse yf the
scheme exPpses !, TO innumerable risk<
ne scheme. briefly outlined BY
SPECIAL to the New York Times. takes
'he form of limited liability company
called The Jewish Colonization 49,
cation registered tbs. Office Of vvhi<,,
VIII ce IN London Its nominal eapitaI
l H--ooo.0aos in 39.Ooo share, Of steo
eaeh- OF these Baron MAURICE d. Uir<.,s.
sunscribes 70 1882. Seven Hebr~w
sentle'len are named in the articles as
owning one share each Lord Roths-
enid Sir Julian Goldsmid. Erne-. John
tassel- =. d. Mocatta and Bepiau,in
s-iiis Cohen. ali of London. and salmon
keinaeh and :. IL GsoldS..hm,d, Of
ParS This leaves three shares uual-
loiiesi- and doubtless these will b.
offered to representatives Of the United
States and Germany
j ne object. Of the association ar. a
they have been generally understood:
that :. TO assist the emigration Of Jews
from countries in Europe and Asia
where they are subjected to special
taxes and disabilities. 20 other parts Of
the world and 20 establish colonies in
North and South America for agricul-
'ural and commercial purposes No
colonies VIII be attempted in En-
rope The ASSOCIATION takes to il
self full rights TO carry On
trade. commerce and all Industrial
OPERATIONS which may facilitate
the objects Of the company: 70 par
chase property. negotiate securities.
ei.-- The whole property Of the com
Pany and the income arising from It
are eonsecEatesi sOl~ly 10 the work in
view None % It can ever be taken.
directly or indirectly. ~ a dividend or
bonus.
IT, upon the winding up OF diSsoIu-
tlon Of the company. any property ~
mains. i is no. On be Distributed
among the members. bat transferred
10 some other Jewish Institution
with similar objects tO ps
used for the benefit Of the Jewish eoas-
muniiy residing out Of EGrDpe and
needing PeeuniaTy aid In the event %
sreh dissolution all persons who az ths.
time hold lands granted them or their
predecessors in title by the company
shall be released from further ob3iga-
i1on Of annual or other payments - the
company. and the same Is true Of those
20 whom advances have been made
No: more than half Of .he capital =
10 be applied TO acquiring property.
buTing lands. erecting builsiiny~> etc
The rest i 10 be applied 70 expenses Of
transporting and otherwise assisting
emigrants Moneys No; in active use
viii be invested in pubic securities Of
England France. Belgium Holland.
Germany or the United States. The
governing body viii be coun-
ell OF administration. consisting OF
from three 10 SIX men who
need not necessarily be members Of the
company. and who viii be elected for
Ave years These will have no salaries.
but VIII have their actual expenses
This council will appoint directors.
three or less in number. who will re-
ceive salaries and who will be required
10 have no interest whatever in Anv
business and devote their whole time -
the work OF the company