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VI.  THE CANADA COMPANY.

The Canada Company was incorporated by royal charter and Act of Parliament in 1826.  The following are extracts from the prospectus of the Company:—­

“The Canada Company have lands for sale in almost every part of the province of Upper Canada, on terms which cannot fail to be highly advantageous to the emigrant, as from the Company requiring only one-fifth of the purchase-money to be paid in cash, and allowing the remainder to be divided into five annual payments, bearing interest, the settler, if industrious, is enabled to pay the balance from the produce of the land.

“The lands of the Canada Company are of three descriptions, viz.—­

Scattered reserves: 
Blocks or tracts of land, of from 1,000 to 40,000 acres each;
The Huron tract, containing upwards of 1,000,000 acres.

“Scattered reserves.  The scattered crown reserves are lots of land of from 100 to 200 acres each, distributed through nearly every township in the province, and partaking of the soil, climate, &c., of each particular township.  These lands are especially desirable for persons who may have friends settled in their neighbourhood, and can be obtained at prices varying from 8 shillings 9 pence to 25 shillings currency an acre.

“Blocks of Land. The blocks or tracts lie entirely in that part of the province situated to the westward of the head of Lake Ontario, and contain lands which, for soil, climate, and powers of production, are equal, and perhaps superior, to any on the continent of America.  These are worthy the attention of communities of emigrants, who from country, relationship, religion, or any other bond, wish to settle together.

“The largest block of this kind in the Company’s possession is the township of Guelph, containing upwards of 40,000 acres, of which the greater part has been already sold, and, in the space of a few years only, a town has been established, containing churches, schools, stores, taverns, and mills, and where there are mechanics of every kind, and a society of a highly respectable description.

“The Huron Territory.  This is a tract of the finest land in America, through which the Canada Company have cut two roads of upwards of 100 miles in extent, of the best description of which a new country admits.

The population there is rapidly on the increase.

“The town of Goderich, at the mouth of the river Maitland, on Lake Huron, is very flourishing, and contains several excellent stores, or merchants’ shops, in which any article usually required by a settler is to be obtained on reasonable terms.  There is a good school established, which is well attended; a Church of England and a Presbyterian clergyman are appointed there; and as the churches in Upper Canada are now principally supported by the voluntary subscriptions of their respective congregations, an inference may