Nathaniel Rogers of Boston their treasurer, and
Colonel Beamsley Glasier their agent, and levied a tax of one hundred
dollars on each member of the company to defray the expenses of
management. The conditions of the grants required the grantees to
settle one-fourth part of their lands in one year in the proportion of
four Protestant[75] persons for every 1,000 acres, one-fourth part in
the same proportion in two years, one-fourth in three years and the
remainder in four years, all lands remaining unsettled to revert to
the Crown.

[75] This word was designed to exclude the Acadians as settlers.

An immediate attempt was made by Col. Glasier, Capt. Falconer and the
more energetic of their associates to procure settlers and improve the
lands, but the task was a gigantic one and settlers of a desirable
class by no means easy to obtain. The difficulties the Company had to
encounter will appear in the references that will presently be made to
some very interesting letters and documents that have been preserved
respecting the settlement of the townships.

As early as the 27th of January, 1765, the plans of the Canada Company
had so far developed that Captain Falconer sent one Richard Barlow as
storekeeper to the River St. John, where the company's headquarters
was about to be established under the supervision of Colonel Glasier.
Barlow was promised a lease of 200 acres at a nominal rent, and at
once removed with his family to the scene of operations. There were
frequent business transactions in the course of the next six years
between Simonds & White and the agents of the Canada Company, who
figure in their accounts as "Beamsley Glasier & Co.". In the years
1765 and 1766, for example, Mr. Rogers, the treasurer of the Canada
Company, paid Hazen & Jarvis L146 for certain goods supplied by
Simonds & White at the River St. John.

The value of the lands on the River St. John had not escaped the
notice of the keen-eyed pioneers at Portland Point, and in the first
business letter extant James Simonds writes to Wm. Hazen, "the lands
are very valuable if they may be had." Again on the 16th December,
1764, he writes, "I have been trying and have a great prospect of
getting one or two Rights [or shares] for each of us concerned in our
company, and to have my choice in the townships of this River, the
land and title as good as any in America." Hazen & Jarvis manifested
much interest in the matter and soon afterwards obtained a fo