The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1898-10-29
From the Baltimore sun.

FROM llS bdltllOIc gun
A number of leading business men and
capitalists of Baltimore are forming stock
company for development and improve
ment in Maryland, and it is likely that
the Company will be speedily incor-
porated. The banking house of HANDLE
ton & Co. is financing the enterprise, and
associated with the firm in it are some of
the most conservative and leading men Of
the city. The capital stock will be be-
tween 81, 900, 600 and 81, 600, 900.
The proposed company has a charter
from the Legislature granting extensive
powers, which will enable it to engage in
almost any enterprise for development and
Improvement within this State. The
charter was granted in 1896 to the Poto-
mac Development and Improvement Com
pany. The charter members mentioned
in the act of 1896, chapter 319 are
Francis Burns, William G. Page, Will
bur L. jackson, John FL. White, James
I'll. Preston, Robert Grain and Omer f.
Hershey
The act grants to the company the power
to buy. sell OF deal in real and personal
estate. to borrow and lend money, to ac-
quire land and lay out towns, to subscribe
to and hold stock in manufacturing and
other corporations, to erect, sell and lease
buildings, to establish summer resorts, to
construct and operate steam and electric
railroads, telegraphs and telephones any
where in the State and subject to the APP
proval of the county or city authorities, to
lay tracks upon streets and public high
WAYS anywhere in the State. 1t also con-
fers the power to condemn property.
1t is understood that one of the designs
Of the new company is to acquire tracts Of
land and promote immigration into the
State, especially from the Northwestern
States, and to sell property to these immi-
grants upon such terms as may be best;
forming towns upon the tracts Of land ac-
quired for this purpose, and then equip
ping the towns with all manner of facili-
ties to make them popular and attractive.
1t is also said that in anticipation OPP
lions have been acquired on the lower part
Of the Eastern Shore, and that one of
those counties will be the scene of the
earliest operations. 1t is also said that the
State immigration bureau will actively CO.
operate in this design to bring into the
State desirable citizens, each having some
little capital, from among the thrifty,
moral and industrious farmers of the North
western States, who have become dissatis-
fed with the rigorous climate, and are even
now moving into States where the condi-
lions of life are easier.
1t is said that Ex-Governor Frank Brown
will be at the head of the company as its
president. This does not seem unlikely.
in view Of an interview with the ex-Gov-
ernor, published in March, 1894. The
Legislature at the session of 1890 granted
a charter, which was amended in 1894,
to the Southern Maryland Real Estate and
Trust Company. Governor Brown was
the owner of that charter, and the present
charter is copy of it. Our Annapolis
correspondence of the Sun of March s,
1894, had the following
s'Governor Brown thinks there are hun
dreds of well-to-do people in the extreme
Northwestern States who were immigrants
to this country from the warmer sections
of Europe, and who are greatly dissatisfied
with the extreme climate of the Northwest
1t is believed these people would gladly
remove in large numbers to some part of
the country where the conditions of climate
are more in accord with those of their ma
tive country. The Governor thinks that
this class of people who are already in
America should be looked after rather than
to seek to bring immigrants from foreign
countries direct.
with energetic business men employed
as agents of the company, it is thought
that hundreds of people could be drawn to
Maryland, where they would find rich and
abundant natural advantages superior to
those of any other State in the Union
Maryland is very fortunate in having still
some good forest growth, with cheap coal
and varied food resources, both in her
waters and on the land. Being directly
on the seaboad, there is communication
with nearly all parts of Europe, while the
inside water communication is extensive.
All these things give Maryland wonderful
advantages. =
The main Office of the company will be
in Baltimore, and it is considered likely
that the Southern Maryland counties, as
well as the Eastern Shore, will speedily
feel the benefits of this enterprise.