1839] 



FARMERS' REGISTER, 



357 



rive at truth ; and we readily admit that all arilh- 

 metical estimates ol expense and profits, built 

 upon doubtful preniises, (its they must be on a 

 subject so little understood as this,) ouglit to be 

 received with much caution, if not distrust. We 

 would discard all such grounds of estimate, as too 

 uncertain to be ronfided in, and take different 

 steps to reach our conclusion that silU-cuIture in 

 this country will be sufficiently profitable, compared 

 to other crops, to each individual undertaker, and 

 of immense advantage to freneral interests. We 

 base this opinion on llie following sure grounds: 



1st. Silk-culture in Italy and the south of France 

 is generally conducted ignoranlly and badly; and 

 yet, on the whole, is in those origins a highly pro- 

 fitable culture. 2nd. Whatever products and pro- 

 fits are obtained there, might be as well obtained 

 here, with no better management, and if the cli- 

 mates were alike. But our climate is undoubted- 

 ly and greatly better Ibrsilk-culture; and therefore 

 better products may be counted on, from like ma- 

 nagement — and much better from proper manage- 

 ment. 3rd. Even if a single acre of land in mul- 

 berry trees, for feeding silk-worms, should yield 

 but as much profit as the same acre if in corn or 

 other grain, still the change of part of every farm, 

 from ordinary crops to the new product of silk, 

 would serve to increase the profits of all the old 

 diminished cultures, as well as to give the profit 

 on the new. And the general and national bene- 

 fitt from such change would be far greater than 

 the mere sum of the pecuniary gain of all the in- 

 dividual cultivators. 4th. That besides the bene- 

 fit of the change of culture, many thousands of 

 acres of soils too poor for grain-culture would be 

 put under mulberry culture; and other thousands 

 of acres, which, though not poor, are either too 

 hilly, too stony, too calcareous, or otherwise unfit 

 for tillage. 



On these grounds, together with the peculiar 

 fitness of our circumstances, and superiority of our 

 climate, (which we have formerly and fully treat- 

 ed of,) we are content to rest our claim of good and 

 sufficient, though not very excessive profits of 

 silk-culture in this country. Upon these grounds 

 we rest our confidence, and shall direct our own 

 private labors and operations, in silk-cultun-. 

 These relative or comparative grounds cannot 

 well be shaken, even if some of Dr. Perrine's al- 

 lowances should prove to be too liberal, and the 

 ordinary extravagant estimates should be made, 

 as they deserve to be, the subject of universal de- 

 rision and contempt. 



AN ACT TO IIVCORPORATE THE TROPICAL 

 PLANT COMPANY OF FLORIDA. 



Section 1. Be it enacted by the Governor and 

 Legislative Council of the Territory of Florida, 



that Henry Pertine, James Webb, and Charles 

 Howe, and such other persons as shall become 

 owners and holders of stock in said company, be, 

 and they are hereby constituted and made a body 

 corporate, by the title of the "Tropical Plant 

 Company of Florida." 



Sue. 2. Be it further enacted, that the capital 

 stock of the said company shall be fifty thousand 

 dollars, to be divided into one thousand shares oi' 

 fifty dollars each, and in case the trustees shall 

 hereafter find it expedient to increase the said capi- 

 tal, they are hereby aiiihurized to do so from time 

 to time, to any amount not exceeding in the ag- 

 gregate one hundred thousand dollars, and to in- 

 crease the number of shares in proportion to said 

 increase of capital. 



Sec. 3. Be it further enacted, that the com- 

 pany hereby incorporated shall be capable of hold- 

 ing such lands and hereditaments as they may ac- 

 quire from the government of the United States, 

 or from individuals, lor the purpose of carrying 

 into efi'ecl the objects contemplated by this act. 



Sec. 4. Be it further enacted, that the said 

 company and their successors, by their corporate 

 name, shall be capable of sueing and of being 

 sued, pleading and being impleaded, defending 

 and being defended, answering and being an- 

 swered in all courts and judicatures whatsoever 

 and whatsoever, and also of contracting and being 

 contracted with, and of purchasing and selling 

 real or personal properly, when necessary for the 

 efficient prosecution of the business of said com- 

 pany, and shall have a common seal, which the 

 said incorporators may alter, destroy and renew 

 at pleasure. 



Sec. 5. Be it further enacted, lliat books of 

 subscription to the capital stock of said company, 

 shall be opened under the direction of the trus- 

 tees herein after named, or a majority of them, 

 under the superintendence and direction of such 

 person or persons, as they, or a majority of them 

 shall designate and appoint at Tallahassee, Pensa- 

 cola, St. Augustine and Key West, in the terri- 

 tory of Florida, and at Charleston in the state of 

 South Carolina, and at New Orleans in the state 

 of Louisiana, at such times as to them shall seem 

 fit, which books shall be kept open for the space 

 of ten days, or longer, if said trustees shall deem 

 it necessary. 



Sec. 6. Be it further enacted, that six hundred 

 of the shares of said capital stock may be sub- 

 scribed lor and taken in the territory of Florida, 

 two hundred in New Orleans, and two hundred in 

 Charleston ; but if any of said shares shall remain 

 unsubscribed tor at the time of closing said books 

 at the several places herein designated, then and 

 in I hat case, the said trustees may open books of 

 subscription at such other places as they may think 

 pro])er, either in said territory, or elsewhere, and 

 the said remaining shares, unsubscribed ibr as 

 aforesaid, may be subscribed for and taken by any 

 person, whether a previous stockholder in said 

 company or not; it shall be the duty of said trus- 

 tees to require a payment of ten dollars on each 

 share at the time the saine is subscribed Ibr, fifteen 

 dollars in one year after said company shall have 

 been organized, and the remaining twenty-five 

 dollars in two years from its organization ; and if 

 any stockholder in said company, shall fail to make 

 either of the two last mentioned payments, at the 

 limes specified, and for three months thereafter. 



