82 ROYAL SOCIETY OF CANADA 



It was first organized in 1831, or early in 1832, wag incorporated by 

 Eoyal Charter in 1834, and in November, 1835, purchased from the 

 Government 589,000 acres of land, at three shillings per acre. This tracL 

 w^as located in York County, of which it occupied much of the northern 

 part, with limits shown on a later map (map Xo. 16). The grant inclosed 

 Cardigan and some other grants, and some lands purchased from the 

 Cunards were added to it on the southwest Miramichi, on w4iich Camp- 

 bell settlement wasi built. They proceeded with great energy to build 

 8 road from the Boyal Road near Cardigan through to the Miramichi, 

 and where it crossed the Nashwaalc they laid out the village of Stanley, 

 and at its junction with the Miramichi they laid out another village of 

 Campbell, while along its course, in the vicinity of Tay and Cleuristic, 

 they built log houses and cleared lands for expected settlers, all of 

 ■which operations were most expensive. They circulated large amounts 

 of printed circulars, etc., and attracted some siettlers, the first of whom, 

 some Isle of Skye crofters, became greatly dissatisfied, and abandoned 

 their lands, which are still unoccupied and growing up to forest. But 

 later the company was more successful, and towards the end of this 

 period and in the next they founded, partly by the introduction of 

 immigrants and partly by the sale of lands to natives of the province, 

 Stanley, Cross Creeh, Giants' Glen, Greenhill, Scotch Glen, Williams- 

 hurg. Maple Grove, Bloom field Ridge, Fredericshiirg , Stone Settlement, 

 Curleyhurg, Ward and Camphell Settlements, Bed Boch, Limekiln (or 

 English Settlement), and others in the parish of Stanley, and also 

 Dorn Bidge, Jones' Forks, New Zealand, Upper, Middle and Lower 

 Haynesville, Springfield, Millville, Ilowland Bidge, Blaney Bidge, 

 Temperance Vale, Camphell Settlement and others in Douglas, Bright 

 and Queensbury. The company's operations, however, w^ere not profit- 

 able, partly because of the great expense and small returns from the 

 introduction of immigrants (their profits were to accrue from the sale 

 of lands to the settlers after they had become able to pay), partly 

 because much of their lands proved unfit for settlement, but chiefly 

 because of the gradual reduction in price of lands sold to settlers by 

 the province, which ultim.ately sold the best lands to settlers not only 

 at a price below the original price paid by the company for theirs, 

 but even granted them practically free (under the Labour Act). 

 Accordingly, in 1872, steps were taken towards the voluntary winding 

 up of their affairs, a process not yet completed. Over two-thirds of 

 their lands have been sold cither for settlement or for lumbering pur- 

 poses having being largely bought, for the latter purpose, by Alexander 

 Gibson, founder of Marysville. The present resident commissioner, 



