When in the coarse of our subsequent chapters, we treat of the probable expenses of sea voyage, inland journey, prices of land, and expenses of living in the United States, the capability of parties emigrating, and the expediency of such a course, must form subjects for their own consideration. It is our endeavour,
instalments of 4s. per share, acquired and divided amongst the members landed property to the value of £40,000—nay, more, it appears that, taking all the branches through England together, they have, within one year, received such subscriptions to the amount of £150,000!!—(Vide report at the Birmingham meeting, November, 1850.)
Looking at these plain facts, and recollecting the great and peculiar facility now afforded in Ireland for the purchase of land under the Incumbered Estates Act, with a title as strong and as indefeasible as the united power of the Sovereign and the Legislature can confer, is it not time, high time, for Irishmen to shake off their lethargy, and emulate the good example which their fellow-subjects have shown them. Such opportunities as the present period offers cannot, within any conceivable period of time, be again presented. The soil of Ireland is rapidly changing hands; and it behoves the people speedily to avail themselves of the facile means now presented by the present Society to obtain as large a portion of the land as their legitimate means will enable them to secure. By the second section of the Joint-stock Company's Act, 7 and 8 Victoria, c. 110, all Societies established, in pursuance of the 6 and 7 Wm. IV, cap. 32, are expressly exempted from the operation of that Act; so that no liability whatever, of any description, attaches to any Shareholder in this Society beyond the payment of the amount of his subscription, according to the rules of the Society.
OBJECTS AND MEANS OF THE SOCIETY
1st. By weekly or monthly subscriptions, not exceeding 20s per month, nor £150 for each share, to raise a fund which shall enable every member to purchase or receive an allotment of Land with Freehold title, equivalent in value to the amount of his share, and sufficient to qualify him for the Electoral Franchise.
2nd. From time to time, according as a sufficient fund is accumulated, the Directors to purchase Lands in the name of the Trustees, and with the aid of proper surveyors to divide such Lands into suitable lots of equal value.
3rd. By ballot to distribute the lots amongst the members whose names shall be drawn at each allotment, taking from each member a mortgage to the Trustees, to secure the payment of the balance of his share, by the weekly or monthly subscriptions before mentioned.
4th. To register each member who obtains a freehold, on
