l8oo. A Joint Stock Farmhig Socu^fx. J 79 



III. Ultimgte Return. 



1. Sale of flock, crop, and implements on die 

 Experimental Farm.s, at the conclufion of 21, or 

 of 30 years, or any other period that may be 



fixed on by the Society * - _ £..35,000 



2. Value of 5000 acres of land, the buildings 

 ere£led thereon, and of 1,250,000 larches, fir, 



and other trees, at the conciufion of 30 years 218,000 



3. Principal of the contingent fund, on the 

 fuppofition that the intereil will defray all ex- 



pences of management, &c. - - 10,000 



Total - L. 263,000 



which is about thrice the original capital. According to 

 the calculations of fome experienced nurferymen, the re- 

 turn will be flill greater, and will exceed the produce of 

 the capital laid out, at compound intereft, at 5 per cent. 

 Without pretending to afcertain what muft depend un- 

 on the value of timber, and a variety of other circum- 

 ftances at the moment, it may be fufhcient to remark, 

 that the propofed inllitution muft not only be produc- 

 tive of infinite public benefit, but mult ultimately be a 

 concern fufficiently profitable, to entitle it to the cordial 

 fupport of thofe who are friends to public improvement. 



In addition to the ultimate return, the fubfcribers will, 

 in the interim, enjoy the follo%Ying advantages^ namely : 



1 . The advantage of having an account of the proceed- 

 ings of the Society annually tranfmitted to them ; 



2. The privilege of vifiting the Experimental Farms, 

 either in their own neighbouriiood, or wherever they are 

 eftablifhed by the Society ; 



3. The right of nominating pcrfons, to be inrtru£led 

 at the different agricultural academies propofed to be e- 

 refted at each Experimental Farm ; and, 



4. A divifion of the annual profit that may arife from 

 the Experimental Farms. 



It is alfo intended to keep up fuch a connexion with 

 the Board of Agriculture, and the various focietics 



formed 



* The Experimental Farms might be given up at the end of twenty- 

 fine years, and that part of the property divided. The plantations; pro- 

 fcabij-, had better be retained for nine or tcji years longer. 



