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Ecuador Land Company, Limited. Prospectus (1859)[1]

Present Maximum Issue 25,000 Shares of ₤2 Each; Special Issue of 5,662 Shares of ₤2 Each, Being One Share in Respect of Every Ecuador Land Warrant of ₤100. 5,000 Shares Reserved for Ecuador.

Isidor Gerstenberg, 2, Hercules Passage, Chairman.
John Field, 9, Warnford Court.
Richard Davis Heatley, 6, Great Winchester St.
Louis Levinsohn, 7, Finsbury Square.
Siegmund Stiebel, 32, Nicholas Lane.
Isidor Berlin, Amsterdam. […]

The object of this Company is to realise the rights granted by the Government of Ecuador, to the holders of its Land Warrants, by obtaining possession of the lands allotted by that Government in discharge of its obligations, and developing their varied resources for the benefit of the Company.
These lands offer a vast field for enterprise, as well in the cultivation of a rich and fertile soil, yielding in abundance Timber, Tobacco, Maize, Quinine, Cotton, Wheat, Cocoa, Coffee, Vanilla, Panama Straw, India-Rubber, and Cochineal, as in the exploration of the Gold, Silver, Quicksilver, Copper, and Emerald Mines, abounding in those parts.
For this purpose, Emigration, both from the neighbouring countries and from Europe, will be organised, and one task of the Company will be to provide for the proper reception of the immigrants. As the first step to this end, a most convenient spot on the coast (the Pailon) has been selected […] The situation of this land, its fine harbour, capable of holding a fleet of the largest tonnage, its nearness to the gold districts of Barbacoas (in New Granada), to Wimbi, Playa de Oro, and Cachabi (in Ecuador), to the fertile province of Imbabura, and Quito, the capital, on the south, its great and extensive river communication, marks it out as a site for settlement. […] The climate is healthy […] the soil rich and fertile, teeming with almost every tropical product, whilst its valuable and varied timber would at once bring in a large revenue in the adjacent markets. All that seems wanting to make it a flourishing colony, and the centre of a large and increasing trade, is to carry a road into the interior, connecting it with Quito and Ibarra. Then from its short distance from the Capital, compared with Guayaquil, it would become at once the point of embarkation for the extensive trade which is now carried on by way of Guayaquil, between the interior of both Republics, and the lower coast of Chocó and Panamá.

[…] When it is considered, that twenty years ago the site of Melbourne, and that of San Francisco some ten years since were desert lands, and that British Columbia is at present progressing in a like manner, it seems not unreasonable to anticipate that the Pailon will rapidly rise to the position of an important town, having gold fields in its immediate vicinity, equal to those of California and Australia, while a soil of unrivalled fertility ensures abundance of food to any number of immigrants, and must soon furnish a large export to supply the wants of Europe.The attention of German emigrants has been recently directed to South America, and several influential Germans have become Promoters of this Company, with the view of organising emigration on a large scale from Germany to Ecuador, which, from its rising ground, offering every variety of climate, is particularly adapted for European emigrants.

[…] These favourable anticipations having been fully confirmed by the careful examinations of scientific men, the above suggestions have been acted upon, and four and a half millions of acres of the richest lands are now in the possession of the Land Warrant holders. The original documents, minutely describing the various districts, and their minerable and vegetable riches, may be examined at the offices of the Company.

Map of Ecuador[2]

[1] Ecuador Land Company, Limited. Prospectus, in: The National Archives, Kew, Foreign Office, F. O. 25/34.

[2] The National Archives, Kew, Foreign Office, F. O. 25/34, Map of Ecuador, S. 279.

Ecuador Land Company, Limited. Prospectus (1859). In: Themenportal Europäische Geschichte (2008),  URL: http://www.europa.clio-online.de/2008/Article=324.

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