58 APPENDIX. 



future meetings. The direction of these technical and com- 

 mercial works was thereon given over entirely to Mr. Eitter. 

 In the onset the Society determined upon carrying on the 

 following operations : — 



1. The economical farming of the forest purchased from 



the town of Freiburg. 



2. The water supply for the town. 



3. The building of a dam and sluice on the river Saane, 



and the utilization of the water power to be thereby 

 produced. 



4. The erection of a saw-mill, and of a large workshop for 



the same, with a branch railway to connect it with the 

 Freiburg Trunk Railway Line. 

 For the development of these works the Company's capital was 

 required to be 2,000,000 francs (£80,000), composed of— 

 1,000 promoters' shares of 500 francs each =r 500,000 francs. 

 3,000 preferential shares at 500 „ =1,500,000 „ 



2,000,000 



These shares were taken and allotted with the understanding 

 that during the four building years (1870-73) the shares of both 

 classes should bear interest at the rate of 6 per cent, and the 

 probable profits should be so applied that 75 per cent, of these 

 should go towards a reserve fund, and about 25 per cent, of the same 

 should go for the declaration of dividends on both classes of shares. 



Attached to the original or parent Company, Mr. Bitter brought 

 about the formation of branch Companies for the development of 

 fish culture, of gathering ice, and of irrigation, called the " Societe 

 de Pisciculture, Griaciers et Irrigation," which had also its centre 

 in the town of Freiburg, and which branch Company determined 

 on the carrying out the following projects : — 



1. The erection of an establishment for fish culture, and 



therewith the stocking of the waters of the canton for 

 the distance of " 60 hours" — say 90 miles around. 



2. The building of several ice-houses for the commercial 



development of ice from the river Saane. 



3. The irrigation and the manuring of the lands on both 



the high elevations of the neighbouring places, called 

 Perolles and Neigles, by means of the waste waters and 

 the sewage of the town. 



4. The erection of a bathing establishment, of a bleaching 



and washing establishment, of a swimming school in 

 summer and of skating in winter ; besides the adoption 

 of the so-called " Lake of Perolles" and of its approaches 

 and banks for the formation of pleasure grounds for the 

 public. 



