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0269

9 

company at a small sum larger than the amount to be paid to the owner. This increased sum would be for the purpose of reimbursing to the company its original outlay, and paying to the stockholders, in the form of dividend, interest upon their investment; which increased sum would be perhaps one dollar per acre, or such other sum as the Executive Committee should consider reasonable, and as might be agreed upon with the settler. 

Supposing ten thousand shares to be subscribed, five thousand by one thousand persons desiring to emigrate, and five thousand by persons not wishing to emigrate, and the first instalment of five dollars paid in upon each share, the amount would be fifty thousand dollars. And supposing one thousand other persons should desire to avail themselves of the emigrating advantages alone without becoming stockholders, and for that purpose should pay in twenty-five dollars each, it would give to the company the additional sum of twenty-five thousand dollars; making a total sum of seventy-five thousand dollars with which to secure plantations for two thousand settlers, and to furnish such aid to them as the company might be able. If the plantations averaged one hundred acres each, it would amount to two hundred thousand acres, to be procured in the different Southern States, which it would be desirable to have located in such a manner, that from fifty to one hundred settlers should be united in the same locality, thereby securing mutual protection, and the benefits of schools and religious worship. 

Some estimates are now presented of the pecuniary results which may reasonably be expected to follow such settlements. Suppose the settler to be upon a