Emigrants wishing to communicate with the Company should address the secretary, John Perry Esq., St. Helen’s-place, Bishopsgate-street, London, or the Company’s agents at outports.
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VII. THE BRITISH AMERICAN LAND COMPANY.
The British American Land Company state, in their prospectus, that they have purchased from the British Government “nearly 1,000,000 of acres in the counties of Shefford, Stanstead, and Sherbrooke,” in what are termed “the Eastern Townships of Lower Canada.” These townships comprise “a tract of country, lying inland, on the south side of the St. Lawrence, between 45 degrees and 46-1/2 degrees north latitude, and 71 degrees and 73 degrees west longitude. This tract, containing between five and six millions of acres, is divided into eight counties, and these again are subdivided into about one hundred townships. These townships enjoy an important advantage in their geographical position. On the one side, they are of easy access from Montreal, Quebec, and Three Rivers, the shipping ports and great markets of the Canadas; on the other, from New York up the Hudson River and through Lake Champlain, as well as from Boston and other parts on the seaboard of the Atlantic. By their compact and contiguous position, facility of intercourse and mutual support are ensured throughout the whole, as well as a general participation in all local improvements.”
The terms on which the Company propose to dispose of these lands “vary according to the situation, quality, and advantages which the different lots may possess; but in the first instance they will generally range from 4 shillings to 10 shillings currency per acre, and in all cases a deposit of part of the purchase-money will be required, viz.:—On the higher priced lots one-fifth; on the lower priced lots one-fourth.
“The terms of payment for the balance will be six annual instalments, bearing the legal interest of the province from the date of sale; but should purchasers prefer anticipating the payments, they will have the option at any time of doing so.