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Tous les autres exemplaires originaux sont filmds en commenpant par la premidre page qui comporte une empreinte d'impression ou d'illustration at en terminant par la dernidre page qui comporte une telle empreinte. Un des symboles suivants apparattra sur la dernidre image de cheque microfiche, selon le cos: le symbole — ^ signifie "A SUIVRE", le symbole V signifie "FIN". Les cartes, planches, tableaux, etc., peuvent §tre film^s d des taux de reduction diff6rents. Lorsque lo document est trop grand pour dtre reproduit en un seul cliche, il est filmd d partir de I'angle supdrieur gauche, de gauche d dreite, et de haut en bas, en prenant le nombre d'images n^cessaire. Les diagrammes suivants illustrent la m^thode. 1 2 3 1 2 3 4 5 6 REPORT OS THE DIRECTORS OF THE NEW BRUNSWICK and NOVA SCOTIA LAND COMPANY, SUBMITTED TO THE STOCKHOLDERS AT A GENERAL MEETING Held at the London Tavern, on Monday, 2d July, 1832. WITH MAPS, SUOWING THE SITUATION OF THE TBACT OF ILAND PURCHASED FROM HIS majesty's GOVERNMENT IN THE PROVINCE OP NEW BRUNSWICK. LONDON: PRINTED BY ARTUUK TAYLOR, COLEMAN STREET. 1832. NEW BRUNSWICK and NOVA SCOTIA LAND COMPANY. At a Meeting of the Stockholders, held on Monday, the 2nd in- stant, at the London Tavern, Bishopsgate street, JOHN LABOUCHERE, Esq., Governor, in the Chair, The following Resolutions were unanimously passed ; 1. That the Report presented this day by the Directors of the New Brunswick and Nova Scotia Land Company be received and approved. 2. That the minute of agreement concluded between his Ma- jesty's government and the Directors be also approved j the con- ditions upon which the Directors have negociated the purchase of land with his Majesty's government being highly satisfactoi*y to the Subscribers j namely. That the Company shall be incorporated by Royal Charter, limiting the liability to the amount of Subscriptions ; That the Land is ceded to the Company on a clear freehold tenure ; That it is not burthened with any reservations whatsoever by the Crown, of mineral or other rights ; That the situation of it in the centre of the Province of New Brunswick, eight miles from Fredericton, the capital of the province, renders it of very easy access by the two rivers, St. John and Miramichi; and. That the value of the land to the Company is much enhanced by its position on the direct line of road communication between Halifax, Fredericton, and Quebec. 3 . That the extent and system upon which Emigration from the United Kingdom is proceeding, call for the formation f Land Companies, by whose operations land is divided into smaiicr allot- ments suitable to the means of emigrants j and by whom also it must be necessarily so far improved and cleared as to render forest land fit for the reception of settlers from Europe. f flj 1 i 1 i ! i f mm r ( 4 ) 4. That this meeting approves of the formation of the New Brunswick and Nova Scotia Land Company ; and that it will sup- port the Board of Directors in their eflForts to fill up the Subscrip- tions to the entire capital of j^* 200,000 on or before the period at which the agreement is to be finally concluded between his Majes- ty's government and the Company. 5. That although it maybe desirable to fill up the subscription for the entire amount of sC 200,000, this meeting is of opinion that the sum of ^100,000 will be amply sufficient to carry into effect the Company's object, as to the purchase and settlement of land already agreed for ; and that whenever the first deposit of Ten per cent, shall have been paid upon the latter amount, it will be ad- visable finally to settle the contract for the purchase of land, and to take the necessary steps to arrange the provisions of the Charter of Incorporation from the Crown. (5. That this meeting is of opinion the books for receiving sub- scriptions to the Company's stock should be again opened, and that the same should continue open until and including the next. That subscriptions be received only from such persons as shall be willing to pay up at once the first instalment of Ten per cent. on the amount of stock subscribed by each j and that all applica- tions be addressed by letter (post paid) to John Bainbridge, Esq, No. 2, King's-arms Yard, Coleman street, London. (Signed) J. LABOUCHERE, Chairman. Resolved, — ^That the Thanks of this Meeting be, and are hereby, given to the Governor, Deputy-Governor, and Directors, managing the affairs of the Company j and this Meeting request the Direc- tors to continue their zealous and efficient exertions to promote the objects of this Company. t 1 King's-arms Yard, Coleman-street, London, July 3, 1832. REPORT From the Directors of the New Brunswick and Nova Scotia Land Company, submitted to the Stockholders at a Meeting held on Monday, the 2nd day of July, 1832, at the London Tavern, Bishopsgate street, JOHN LABOUCHERE, Esq. Governor, in the Chair. The Directors of the New Brunswick and Nova Scotia Land Com- pany have considered that the period has arrived when, in order to adopt such plans for the future proceedings of the Company as may be deemed most expedient for its success, full information should be laid before the Stockholders relating to The basis on which the Company was originally founded ; The progress which has been made up to the present time ; The probable expenditure necessary to carry the proposed plans into operation j ''^he objects contemplated to be effected, and the returns which the Stockholders' may reasonably expect. The Directors therefore beg leave to report — That the New Brunswick and Nova Scotia Land Company was formed in consequence of those who originated the undertaking being well acquainted with the following facts, viz. That the provinces contain large portions of fertile forest land, which, although eminently adapted to the purposes of agricr.iture, remain unproductive for want of the moderate outlay of capital re- quired to fit them for the reception of settlers. That these lands are of easy access by emigrants at moderate ex- pense, particularly a very extensive tract laying between the rivers St. John, within a few miles of Fredericton (the capital of New Brunswick), and the south-west branch of tne Miramichi ; which tract possesses great natural advantages, such as salubrious cli- mate; a soil at present covered with excellent timber, but capable of yielding fair returns of all crops thai grow in England, with some others, especially Indian corn j and also mines of coal and II ( r, ) iron with numerous streams, afl'ording convenience for mill sites iind inland navigation ; to which may be added proximity to plen- tiful fisheries, and an immediate demand in the country for agri- cultural produce, created by the influx of emigrants, and the wants of those engaged in the timber business and fisheries. From these facts it appeared evident that a Company might be formed. for the purposeof purchasing and settlingthis tract of coun- try, under the most favourable circumstances, atlbrding, at the same time, the most solid security for the investment of money, with a certainty of at least reasonable profits, provided that the govern- ment would dispose of the said lands at a moderate price, and con- sent to incorporate the Company by Royal Charter ; and provided also that the affairs of the Company were managed with a strict regard to economy by men of practical experience. Various meetings of the gentlemen who had interested them- selves in the undertaking were accordingly held, and on the 18th of February last it was finally agreed that the Board of Directors should, in the first instance, consist of those gentlemen named in the Prospectus ; but that previous to its publication an interview with Lord Goderich should bo sought, in order to ascertain the con- ditions on which his Majesty's government would sell the tract of country 'elected by the Directors, and to know if a charter of in- corporation would be granted. In consequence of this determination several interviews and communications took place with Lord Goderich and Lord Howick upon the subject ; and on the 7th of March it was resolved, " That a Company be formed to be called * The New Brunswick and Nova Scotia Land Company,' the capital of which shall be a^ 200,000 in stock, divided into certificates of not less than e625 stock in each certificate." On the 21st of April it was finally agreed by Lord Goderich to sell to the Company the whole tract of country as laid down on a map in the Colonial Office, copies of which were given to the Directors, lying between the river St. John and the boundary line of Northumberland county, nearly Jifty -Jive miles ^n length by eighteen in breadth, containing about 400,000 acres, more or less, at 2s. 6d. per statute acre, including all minerals, 8fC., and free from any engagement of settlement, service, or quit-rent, to be paid for in two cash instalments, viz. the first upon signing the charter, and the second on the conveyance of the land and possession being given to the Company ; and a minute of agreement to the above effect was accordingly -signed on that day by the contracting parties. It may be advisable distinctly to state, for the information of the proprietors, that the Right Honorable the Secretary for the Colo- nies has agreed, in the usual form, to recommend to His Majesty to grant the Company a charter of incorporation, which (together with the usual powers and privileges) will secure subscribers to the Company's stock against partnership liabilities. The Direc- tors therefore determined to publish their Prospectus, and to re- ceive applications for stock. With regard to an Act of Parliament, the Directors (from the ( 7 ) opinions they have taken) consider, that although it maybe expe- dient on the whole to procure an Act, it is not indispensable j if applied for, it will contain such provisions as '.vill not interfere with the privileges of the Colonial Legislatures, nor create diffi- culty in the British Parliament. On the 25th of May it was further agreed with Lo.-d Goderich, that the time allowed for the completion of the Company's arrange- ments should be extended to the 3Ut of July ; and on the 3l8t of May it was resolved to call upon the subscribers for an instalment of Ten per cent, upon the amount of their respective sums of stock, to be paid into the Company's bankers. The Directors were induced to apply for a deposttof Ten per cent, on the subscription, from the season being far advanced, during the remainder of which the provisiuns of the charter of incorpo- ration (which have been prepared) have to be discussed and settled with the law officers of the Crown, and from the payment of the first instalment of half the purchase money having to be made when the terms of the charter are agreed ; which objects are dependant upon the capital, or a sufficient amount thereof being raised, in order to the regular completion of the objects of the Company. The subscriptions to the capital stock stand as follow, up to this date, viz. Subsci'ibed by Proprietors who have paid up the first instalnient . ^^48,275 stock ; in addition to which a much larger amount, viz. the sum of «^ 2 10,000 has also been applied for by parties who have not paid up the first instalment, and whose subscriptions haye therefore (according to the tenor of the Letter addressed to them) fallen to the ground. From examination of the list, however, the Directors are of opinion that many persons are really desirous of becoming Stock- holders, but have delayed the payment of the instalment until some opportunity like the present was afforded them of acquiring further information as to the progress of the Company hitherto, and its prospects for the future. It appears from calculations, hereunto annexed, that the actual sum which will be required by the Company for the payment of the lands agreed to be purchased from government, and for the necessary expenditure of the Company to carry forward all their plans, amounts to ^71,000 ; of which ^52,000 will be required before the 1st of February, 1^33, the remainder (say ^20 '00) in two instalments, to be called for when required afterwards by the Directors, probably not before July, 1 833, for the first j and January, 1834, for the second. The objects which the Company contemplate are, to enhance the v?aue of their land, and consequently to raise the real value of their stock, by making such improvements as may appear best cal- culated to lead to the most advantageous disposal, either by sale or lease, of lots suitable to applicants, and making such arranj, ^ments for the reception of settlers as will afford them immediate employ- ment, since it is well known that emigrants who arrive in America i f w ;l ( 8 ) with capital always prefer giving an advanced price for lands easy of access, cither by water or roads, and upon whicli iniprovenients are made, rather than encounter the difficulties and privations to be overcome in wilderness situations. The returns which the stockholders may confidently expect will arise from the enhanced price which the Directors feel assured the lands will sell for, and the ready demand for suitable lots from all classes of settlers, from ab'.c-bodicd labourers to farmers and others who are about leaving the United Kingtlom, taking with them a capital of from sSSO to a^2000 for the purpose of purchasing lands, great numbers of whom the Directors can influence, by a mere statement of plain facts, to settle on the Company's lands in New Brunswick. The success of the Canada Company, and the extraordinniy increase of emigration to America during the last five years, with the determination on the part of the Directors to conduct the affairs of the Company on the most economical plan, enable them to feel justitier' in holding out the fairest prospects of success in New Brunswick j io which may be added another great advantage to the Company, viz. that of establishing settlers, at a very moderate ex- pense, along two great leading roads^ to be opened immediately by the government, through the tract of country agreed fci by the Company. On both these roads labourers will be eraploycil j and to those who know how rapidly settlements follow in America upon the construction of roads and other improvements, it would be super- fluous to explain the advanced value which the formation of these roads, at the expense of government, must confer on the Company's land.— Having no object except that of turning an investment of money to the best account, as far as their own immediate interest is concerned, the Directors trust that the public will co-operate with them, by filling up the subscription to such an extent as will en- able them not only to close entirely with the present purchase, but also to turn the attention of the Proprietors, and their own, to an extension of future p'ichases whenever it may be deemed advis- able. APPENDIX. C. NSiDERii^fo the comparative proximity to Europe of the Pro- vince of New Brunswick ; the general fertility of the lands, the easy access to them j the continued, and indeed systematic, emigra- tion which is now going on from England, as well as from Scot- land and Ireland ; it seems clear that purchases of land in the colony will be made more advantageously if effected now j and that persons desirous of investing a portion of their capital on the security of colonial lands under the powers and privileges granted by Charter to a public Company, should not delay till the next or future years, when in all probability the price of land, in the most eligible situations, may ho considerably enhanced. The time is in all probaoility fast approaching, when, upon many considerations, in addition to those founded on the increased amount of emigration, a competition will arise for the purchr,.",', of land, as well among companies as individuals; and iv ;..t;:ii» therefore highly desirable to make somewhat extensive purchases at this time, while it appears practicable to effect them at reason- able prices, and to abstain from entering the market as purchasers when more competition may exist. Were the amount now paid up more considerable, compared to the entire capital first contemplated, than it is, the Directors would notwithstanding advert to the hesitation, which (although subsiding, in the case of companies formed for the purchase of land) still hangs on the public mind. In associating themselves in the first instance, they agreed that with rer^ard to their own interest, and to the co-ope:ation of the public in the subscription, it would be useless to propose a Joint-Stock Company upon any grounds, except such as presented more than ordinary prospects of a successful investment. In forming the New Brunswick Land Company, the attention of the Directors has been steadily fixed on the following points, viz. 1st. To open a treaty by which they should be able to agree for the purchase of a large tract of land at a fair con- tract price, with an undoubted title, and as free as pos- sible from any reservations, either of lands, of mineral, or other rights. 2dly. The situation, quality, and facility of access of the tract of land. .3dly. The prospect of being able to resell the lands upon ad- vantageous terms. These questions, together with such others as the experience of ( 10 ) the Proprietors may enable them to suggest, are in the opinion of the Directors satisfactorily answered by the account they have given of the result of their treaty with His Majesty's Government, and also by those considerations as to emigration from Great Bri- tain to the British Provinces in America, which force themselves on all sides upon the attention of the most casual observers. For the probable result to capital embarked in a Land Com- pany, it is only necessary, after examining locality and conditions of purchase, to refer to the state of emigration for the first period of thirteen years since the peace of 1815, which was considerable, to the gradual increase of emigration from 1828 to 1831 ; and, lastly, to the extent and system upon which it is now proceeding ; to consider also the success with which private purchases of land in America have been attended, although not supported by such indisputable titles as those possessetl and transmitted by public associations ; and to the success which has attended the operations of the Upper Canada Company. Under the head of purchase, therefore, the Directors have nothing to add but their conviction that the stock of this Com- pany holds out an inducement to invest a portion of capital on landed security such as is seldom presented. If, in their case in the year 1832, they have been obliged to submit to somewhat higher terms than those on which Government was willing to grant large tracts of land in 1824 and 1825, it must be recollected that the number of emigranto is also much increased ; the opinion entertained eight years ago, that emigration would steadily in- crease, was then a speculation, and is now a certainty. The ease of access by the rivers St. John and Miramichi ; the position on the Map of the tract of land purchased ; and the re- puted fertility of the soil, having been adverted to, in order to show the probability of its speedy resale tc settlers, it is only necessary to point out in addition the comparative proximity of this province to the ports of the United Kingdom, and to the emigration which year by year sets in more and more strongly from Europe to North America. With regard to the time at which an investment of capital in 1 832 may be expected to produce returns, it may be stated, that the first and second seasons which succeed the purchase are occu- pied in an outlay of capital in establishing stores, making roads, and improving the lands for the reception of emigrants ; but as the original purchase of the land is made at 2s. 6d. per acre, and as the charge for improvements is covered by an advance of price, land, under these circumstances, is easily saleable in lots of moderate size, at 7s. 6d. to 20*. per acre, according to situation ; and there would seem scarcely room to doubt that in the third and succeeding seasons, profitable returns must accrue on the ca- pital stock. There seems still further ground ^or expecting that sales of land Mill be made in succeeding years to a greater extent than has occurred in those just passed, as emigration from England is increasing in numerical amount^ and is also remarkable ( H ) for the greater infusion of persons possessing properly, who are able not only to purchase and pay (lown money for land, but to give employment to the labourers who accompany them. When purchases of land are effected in America in large tracts, the hope of selling at a profit must depend, in ordinary times, on the temptation constantly held out to an increasing population by the ofter of small lots of land suitable to their means, at a very moderate price. It is obvious that, as far as land-owners in the United States were concerned, this state of things must have altered materially in their favour shortly after the peace of 1815, by the large ar- rivals of emigrants from Europe. If the benefits resulting from this were felt in the United States from 1817 to 1828, purchasers of land who possessed capital sufficient to prepare the land for the reception of European settlers, by making roads and other im- provements, must, since 1828, have incurred at times some difficulty in meeting the demand. The emigration from England now tends in the greatest pro- portion to the British North American Provinces. The sales of land by the Canada Company, during the last four years, have been as follows, viz. In the season of 1829 33,388 acres. 1830 50,943 1831 99,481 This state of things appears to have been promoted by the fol- lowing causes : 1st. That the laws of the United States, compared with those which regulate the importation of manufactured goods into the British colonies, staml in the direct ratio of virtual prohibition in the former case, opposed to en- couragement of fair prices in the latter. And, 2dly. Because the climate to the northward of the Great Lakes, although liable to the occurrence of intermittents at the change of season in spring and autumn, is free from the fevers of fatal character which infest the more southern latitude of the United States. The amount of emigration in the present year must, without doubt, far exceed that which took place in 1831, and the demand for land in the British provinces seems to be increasing in a sort of treble ratio, viz. by accession of emigrants from Europe j by settlers from the United States, whose settlements are induced by a state of law more favourable to import and export tr^de j and by the natural increase of population. An opinion I3 not unfrequently entertained in England (parti- cularly since a sweeping distrust of Joint-Stock Associations has prevailed, almost as remarkable as the inconsiderate favour with which they weie regarded a few years ago), that it is better for one or two individuals to purchase these large tracts of land, with the same view of improving and settling, than to entrust the ca- pital and operation to the management of a Company. In answer '■ ^' i. 4i I i li ( 12 ) to this it should be stated, that both tenure and management of land by a Joint-Stock Company, holding by a well ascertained title, and incorporated by charter, are of themselves more safe and prosperous, and the whole transaction better administered by the hands of a public association than they are ever likely to be by any private individuals. The extent and reputation of their means enables them to contract more readily than individuals can do for the purchase of large tracts, say from half a million to 1,500,000 acres. Possessing a more undoubted credit, a more disengaged capital, the Company effects a purchase at once, and at a lower price, avoiding the errors which the single capitalist cannot es- cape, of raising the value of back lands upon himself, in an at- tempt to double the first operation. Private purchasers, there- fore (except they possess means equal to corporate bodies), are compelled to limit themselves to a speculation which terminates too soon on one spot, and they are deprived too soon of the ad- vantage of selling freely, which follows the extension of settle- ments within their own grants, and they remove to another spot to encounter the risk of an unfavourable issue to which they would not have been exposed in the neighbourhood of their first purchase. The private purchaser also has rarely so good a selec- tion of agents, by whose means grants of land are laid out and managed : he is afraid of encountering contracts with ship-owners for embarkations of settlers from England, and of the expense of maintaining agents at the shipping ports, and those also of dis- tributing, by means of agency and correspondence with the coun- ties, notices, accounts and maps, which explain the position and advantages of his tract of land. The amount of a private adven- turer's capital will not allow him to venture upon an expense which again could not answer his purpose when charged upon a grant of land inferior in size. He is therefore obliged to run the hazard of accumulating much compound interest on the amount of his purchase ; and, in order to obtain settlers, he waits upon the skirts of the emigration which is promoted, and may be said to be commanded, by Land Companies regularly associated. A still more important consideration, however, which marks the superiority of a Company incorporated by law, over sucli operations as can be carried on by private individuals, is, that the Company takes its original title from the State : it enjoys per- petual succession under a common seal, and never dies leaving a disputed will j it constantly gives out as good a conveyance as it receives, and a title in which the purchaser of a small or large lot embarks at once without the necessity of question or expense, and without the remotest fear of disturbance. Stronger reasons cannot be adduced for the preference to be given to an investment in land under the powers of an incorporated Company; and with regard to the vigilance which a party investing money may exert in watching his property, the intimate and full correspondence always at hand from agents acting under the su- pervision and instruction of a public Company, are more likely to ( 13 ) produce satisfactory accounts to the Stockholder, than any which can be derived from the authority he would himself be able to exert, or from any correspondence he may be able to command. For these reasons, it is presumed that there is no nerson ac- quainted with the subject who would not, in the case of a const derable investment of money, prefer the management and super- vision of a Company m which he may have a commanding share to any care Le can afford by his single means or efforts to Ixert. / ( 14 ) No. 1. Pro Forma Statement of the Expenditure of the New Brunswick and Nova Scotia Land Company. 1832. Purchase Money upon 350,000 acres, as per agree- ^ ment at 2s. 6d. per acre previous to survey, one-half of which is to be paid upon signing the Charter 43,750 Additional for expenses, incurred in exploring tract from the River Taxis to the Fiver Miramichi, for new Road 300 Advertising, Printing, Law Expenses for Charter, and all contingencies of office to 3Ist December 3,500 Implements of Husbandry, Tools for Mechanics, and necessary supplies 1 ,000 Provisions and necessaries for winter of 1832-3. . 1,500 50,050 1833. Purchase Money upon excess of Grant, supposed to contain 100,000 acres more than first paid upon, at 2s. Gd.per acre 12,500 Additional upon 20,000 acres between the Tay and Taxis, laid out at Is. per acre 1,000 Roads, Dwelling-houses, Saw-mill, Blacksmith's and Carpenter's Shops, 20 Houses for Labourers, and clearing 100 acres 5,000 Provisions for the year 1833-4 1,500 Act of Parliament, and contingencies of office. Salaries, 85c 2,450 ^72,500 ( 15 ) No. 2. Pro Forma of Amounti required, and the period at which the Instalments will be required to meet the Payment. 1832— August 31. First Payment to Government. . . . 21,875 Charter and Expenses 1,125 For other contingencies 2,000 . , 25,000 To meet the above Sum: , First Instalment, paid 10 per cent, will be 10,000 August 25— Second Call, 15 per cent, 1 5,000 25 000 v'Lich will be all that will be wanted in 1 832. ' 1833. Presuming the Survey to be complete £ by the end of 1832, the final payment to Government may be wanted by the 31st March in full, say 35,375 Expenditure 1833, in Stores, Roads, and Buildings 7,625 Contingencies, including winter 1834 4,500 — 47,500 To meet the further Payments : , Will require 40 per cent, on the 25tb March, say 40,000 On the 25 th of July, a further call of 5 per cent, say 5,000 On the 25 th of September, a further call of 5 per cent 5,000 50,000 Leaving a surplus in the hands of the Directors, at that period in 1833, of , ^2,500 ( 16 ) No. 3. In 1783, the whole Population of British America amounted to 1 73 qqq In 1802 397*000 In 1824 823,000 In 1828 (close of the year) 978,000 In 1832 (say 10th June) 1,520^000 Scale of Emigration. To British America. 1802-3, about 2,^00 1810 5,000 1815 6,500 1820 8,000 1824 12,500 1825 16,000 1826 ••.... 14,000 1827 15,500 1828 18,000 1829 30,000 1830 31,500 1831 54,000 1832, up to 10th June 53,000 To the United States*. 1802 7,000 1810 14,000 1815 6,000 1820 22,000 1824 27,000 1825 21,000 1826 32,000 1827 36,000 1828 29,000 1829 27,000 1830 32,000 1831 30,000 1832, about 30,000 * The foregoing are taken from the Customs returns in America, and they do not tally with the Customs returns in the ports of the United Kingdom. Taylor, Printer, 89, CoUraan street. IKMifcUMfeB^^ |^«^''' '^fw^t^--' .^^ wMf'i « iirm>* i i#» ii WMm ! MH ii D i ^ im^^^ '.i^i: f'f K , p .^y«J.v:j^ ^^ ^ ^ ^ vv 1 ! rl ^y //» 40 THE mXAnVE J)IST4yCES HE TWJiEK THE BRITISH ]VORTH AMERICAN COL OKIES AND THE ^^^T^D KWCypO^ GTTJLF 01: .A ^ &-^ 00 (>JJ* for}:^^-- .S-hiP*-- -/• c 6i> [fi 40 30 niE liKLATnn mSTANCES JIE TWKEIf THE KHITISH J^ORTH AMElUCAl^ COLCWIES AND THE r 3JDI.AirD ~^--^ rj" J^, '"""^fu.^^^o iw;;" T iW* ^^-'■-^0', Soilir'jl.-- .shye^— fioV}:-'-— — .^V'>^ to ^^.^,J5^-^^ .„., Shipf.--' 2,t.}f.M':f-- / ,#* -/- (7 cf^ AVES O ^^^.Y c^ ^*. '• r-/, ¥ ^'*'' I inc^'^ or 'OSTi ./ ^y W»tP^ -r^^ T> i or G OF\ \ND O l\ ^ P A' bW** lioitaventurft^ I (ill' ^fc; '^, "'''Wlir, \A.'A "^'PMR Wy Bav -v.^ ST A \V^ I j/^/-^-" ■('III '■••■■ / w ^ - \ .u> ^^.,„,.< cJ^^ ^'-r,,.^. O-'^ ^"j- 'e,.^t_l_ .S'./aW'"'"'"';^'^ >l ■^%c AK *o^^ Icwras i.iiiif"' ''"j ^^.Ni,/""'"'"'/- 47 a 'J* I! r,./*>« f^^ ff^i rt /•'<'14/. ^:^„"°. ^c< ^■^- "^i o 45 /re* 0> 5< <> r" J^'vuf /. 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