ll nature of the risk is immediately ascertained.

The intention is to work and prove the Patent by collective instead of
individual aid as less hazardous at first end more advantageous in the
result for the Inventor, as well as others, by having the interest of
several engaged in aiding one common object--the development of a
Great Plan. The failure is not feared, yet as perfect success might, by
possibility, not ensue, it is necessary to provide for that result,
and the parties concerned make it a condition that no return of
the subscribed money shall be required, if the Patents shall by any
unforeseen circumstances not be capable of being worked at all; against
which, the first application of the money subscribed, that of securing
the Patents, affords a reasonable security, as no one without solid
grounds would think of such an expenditure.

It is perfectly needless to state that no risk or responsibility of any
kind can arise beyond the payment of the sum to be subscribed under any
circumstances whatever.

As soon as the Patents shall be perfected and proved it is contemplated,
so far as may be found practicable, to further the great object in view
a Company shall be formed but respecting which it is unnecessary to
state further details, than that a preference will be given to all those
persons who now subscribe, and to whom shares shall be appropriated
according to the larger amount (being three times the sum to be paid by
each person) contemplated to be returned as soon as the success of the
Invention shall have been established, at their option, or the money
paid, whereby the Subscriber will have the means of either withdrawing
with a large pecuniary benefit, or by continuing his interest in the
concern lay the foundation for participating in the immense benefit
which must follow the success of the plan.

It is not pretended to conceal that the project is a speculation--all
parties believe that perfect success, and thence incalculable advantage
of every kind, will follow to every individual joining in this great
undertaking; but the Gentlemen engaged in it wish that no concealment
of the consequences, perfect success, or possible failure, should in the
slightest degree be inferred. They believe this will prove the germ of a
mighty work, and in that belief call for the operation of others with no
visionary object, but a legitimate one before them, to attain that point
where perfect success will be secured from