A VERY EARLY AND IMPORTANT EFFORT TO ATTRACT AND ENCOURAGE THE SETTLEMENT OF OREGON
The American Society for Encouraging a Settlement of the Oregon Territory.
Document Signed, by the president and secretary of the Society, two pages, oblong quarto, , with the paper and wax seal of the Society. The document is headed Oregon Settlement Stock, and bears the number 56. Fine condition.
“Be it known that______ is the proprietor of _______ shares in the capital stock of the American Society for Encouraging a Settlement of the Oregon Territory, incorporated…1831: said shares are subject to no assessment, but are entitled to one hundred and sixty acres of good farming land, agreeable to…one hundred dollars, together with six per cent interest per ann. from the first day of May…1832, at the option of the proprietor, the same being secured to be paid by the special covenants…from the common property and revenue of the settlement. One half of this capital stock is made payable in five years; the other half in ten years…. The proprietor is to make choice in which of the two ways, and at what place, he will receive payment, and give notice thereof in writing…. If the proprietor neglects to give such notice, the choice shall be optional with the Society….”