Indiana As Seen By Early Travelers a Span Classsearchtermspan Classsear
Indiana As Seen By Early Travelers a Span Classsearchtermspan Classsear
Indiana Historical Commission
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It is proposed that the Society shall in the first instance consist of about a hundred families, exclusively of single members. 2. That the capital to be introduced by every adult male member be not less when arrived in America and at the set- tlement, than 11. 5s. (50 dollars, ) nor more than 900. (4000 dollars. ) 3. That the whole of the property of the Society be divided into shares, and that a share be equal to the smallest sub- scription, viz. 11. 5s. 4. That the less opulent members shall... have the oppor- tunity by their industry of increasing their property in the society in proportion to that of the other members, and that an equitable adjustment of the value of time be made for the whole of the members. 5. That the affairs of the Society be conducted by a rotary committee, or board of management, of all its members in succession, which committee or board of management to be chosen monthly, quarterly, or half yearly. To consist of - - mem- bers. 6. That the capital of the Society, after the purchase of the land, the expense of the first clearing, fencing and building, (This outline of a self-subsistent community was made by the author of the fore- going pages at the suggestion of a friend from New York, where a few gentlemen con- templated the formation of a society of this kind, toward which it was proposed that every one designing to become a member should contribute a plan or certain articles ; since which time, and within a few days, he has been fortunate enough to meet with Mr.
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