IMAGE EVALUATION TEST TARGET (MT-3) // ^Wi^. ^^r 7a 1.0 I.I 1.25 1^ llliitt nil 2.2 !!: itt IIIIIIO ly 1.8 1.6 I Photographic Sciences Corporation 23 WEST MAIN STREET WEBSTER, N.Y. 14580 (716) 872-4503 \ iV ^\\^ '% ^^ :\ \ 4; «!^ ^ "" f^^ CIHM/ICMH Microfiche Seiries, 1 CIHM/ICMH Collection de microfiches. Canadian Institute for Historical Microreproductions / Institut canadien de microreproductions historiquos Technical and Bibliographic Notes/Notes techniques et bibliographiques The Institute has attempted to obtain the best original copy available for filming. Features of this copy which may be bibliographically unique, which may alter any of the images in the reproduction, or which may significantly change the usual method of filming, are checked below. L'Institut a microfilme le meilieur exemplaire qu'il lui a ete possible de se procurer Les details de cet exemplaire qui sont peut-etre uniques du point de vue bibliographique, qui peuvent modifier una image reproduite. ou qui peuvent exiger une modification dans la m^thode normale de filmage sont indiqu^s ci-dessous. □ Coloured covers/ Couverture de couleur D Coloured pages/ Pages de couleur n Covers damaged- Couverture endc> imagee Covers restored and/or laminated/ Couverture restaur^e et/ou pelliculee □ Pages damaged/ Pages endommagees I I Pages restored and/or laminated/ - ' Pages restaurees et/ou pelliculees □ Cover title missing/ Le titre de couverture manque Coloured maps/ Cartes g^ographiques en couleur Coloured ink (i.e. other than blue or black)/ ere de couleur (i.e. autre qua bleue ou noire) I 1/ Pages discoloured, stained or '.oxed/ 1 "^! 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Original copies in printed paper covers are filmed beginning with the front cover and ending on the last page with a printed or illustrated impres- sion, or the back cover when appropriate. All other original copies are filmed beginning on the first page with a printed or illustrated impres- sion, and ending on the last page with a printed or illustrated impression. The last recorded frame on each microfiche shall contain the symbol — ♦► {meaning "CON- TINUED"), or the symbol V (meaning "END"), whichever applies. Maps, plates, charts, etc., may be filmed at different reduction ratios. Those too large to be entirely included in one exposure are filmed beginning in the upper left hand corner, left to right and top to bottom, as many frames as required. The following diagrams illustrate the method: L'exemplaire filmi fut reproduit grfice d la g6n6rosit6 da: ', Metropolitan Toronto Library Canadian History Department Les images suivanies ont 6t6 reproduites avec le plus grand soin, compte tenu de la condition et de la nettetd de l'exemplaire U\tr\6, et en conformity avec les conditions du contrat de filmage. Les exemplaires originaux dont la couverture en papier est imprim6e sont film^s en commen9ant par le premier plat et en terminant seit par la dernidre page qui comporte une empreinte d'impression ou d'illustration, soit par le second plat, selon le cas. Tous les autres exemplaires originaux sont film6s en commenpant par la premidre page qui compor*'e une empreinte d'impression ou d'illustration et en terminan; par !a dernidre page qui comporte une telle empreinte. Un des symboles suivants apparsTtra sur la derprdre image de cheque microfiche, selon la cas: le symbols — ^ signifie "A SUIVRE", le symbole V signifie "FIN". Les cartes, planches, tableaux, etc., peuvent §tre film^s d des taux de reduction diffdrents. Lorsque le document est trop grand pour etre reproduit en un seul cliche, ii est film6 d partir de Tangle supdrieur gauche, de gauche d droite, et de haut en bas, en prenant le nombre d'images ndcessaire. Les diagrammes suivants illustrent la mSthode. raia ) elure, a J 32X 1 2 1 2 3 4 5 6 CANADA COMPANY. Statement read at a General Court of Proprietors, held at the Company's House, in St. Helen's Place, London, on Thursday, the 20th March, 1856. CHARLES FRANKS, Esq., Governor, In the Chair, The accounts of the year 1855, just read, taken in connection with those of 1854, shew that the Company's affairs are in a state of great prosperity, and of important progress. The year 1854, through a combination of circumstances, was a period of unprecedented prosperity to Canada. The construction of railroads and other public works throughout the Province was proceeding with vigour. The amount of money remitted for those purposes, and for investment in the purchase of real estate and provincial securities, was very considerable; the harvest excellent, both in / 2 quantity and quality, and prices of produce high ; the emigration also was larger than it had been for many years. The Canada Company benefited greatly by this state of affairs in every branch of their transactions, as shewn by the accounts of 1854. During the past year, however, many circumstances have occurred which have tended to check the continuance of the great prosperity which marked its predecessor. The state of monetary affairs in England partially suspended the carrying out of the numerous works commenced in the Province, and stopped the progress of those about to be undertaken. The remittances to Canada in 1855 were consequently, as may well be conceived, limited in amount ; and the scarcity of money in Europe has produced its corresponding- effect in Canada, where a very high rate of interest can readily be obtained on good security. The lumbt trade has also suffered much in the past year through the embarrassments in Europe • and the emigration in 1855 amounted to only 21,274 persons, whilst in 1854 the numbers were 53,153. In this position of affairs the Report of the transactions of the Company in 1855 may be considered as extremely satisfactory. In disposing of the Company's lands the policy hitherto pursued has been neither to force the sale thereof nor to withhold them from market, but to abide the result of the progress of the Province, and thus to obtain tlie advantage of the rapid increase of wealth which was T 3 sure to arise from the opening up ot" the country by the various public works, and by the extension of settlement from the spreading of the increased population. The sale of the public lands, which have been disposed of at very low prices, has naturally contributed to the extended cultivation of the Province, aad has thus brought some parts of the Company's lands more within the centre of settlement. It may be fully expected that the rapid progress the Province is making in commerce, wealth, and population, combined with the great facilities afforded through the leasing system, (which experience has shewn to be admirably adapted to promote the convenience of settlers,) will afford the Company, with careful and judicious management, every advantage they can reason- ably expect in the disposal of their remaining lands. This has been well shewn in the price obtained during the past year, which averages 435. 9d. an acre, being an excess of 21s. per acre over the valuation of 1854, or an advance of nearly 100 per cent. The Directors have to report that the necessary steps have been taken for obtaining the Act of Parliament authorised at the last General Courts which has been brought in, and is now in progress through the House of Commons. Mabcuant Singer & Co., Print2rs, Iiignini-Court, Fcnchurch-Strect.