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8

It is unnecessary to any thing in relation to the first. It presents itself to the mind at once with such force, that none can fail to appreciate it. 

As to the motive arising from the hope of pecuniary advantage, it is proper to point out in general terms the plan of operations which the company propose, and the results which are expected to flow from it. 

Whenever the company shall realize sufficient funds for the purpose, either as the result of the first instalment paid in upon stock subscriptions, or of contributions from those who desire only to avail themselves of the emigrating advantages proposed by the company, the Executive Committee will, through the instrumentality of suitable agents employed for that purpose, procure from the owners leases of such number of desirable plantations as shall be required to supply every person, who shall desire to emigrate to and settle upon such plantations, with a reasonable quantity of land, which in most cases, it is supposed, will be about one hundred acres to each settler. These leases to be made to some proper officer or other person in trust for the use of the company, for a period of from three to twenty years, at an annual rent of from two to five dollars an acre, for cotton plantations in a state of cultivation ready for a crop, and a corresponding sum of sugar, rice, or tobacco plantations, or those adapted to other uses, and, whenever practicable, the lease to be accompanied with a right of purchase. The Executive Committee would then cause a lease to be executed by the trustee to the settler, for such length of time as its own lease run, and assigning to the lessee its rights of purchase, fixing the amount of annual rent to be paid by the settler to the