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the improvement and preservation of Mount Auburn, cannot be less than
three hundred thousand dollars, and probably is nearer four. A new
Proprietor then obtains not only the land which he purchases, but also
acquires an undivided three-thousandth part of all the property of the
Corporation. This property includes the unsold land, the iron fence,
and other securities of the place, the stone structures and works of art,
the roads, paths, and excavations, the artificial water works, the treasury
surplus, and the permanent fund for the future preservation of the whole
Cemetery. The value of this property at its cost is more than $100 to
every Proprietor, and reduces his actual land, as it would be if independent
of the rest of the Cemetery, to less than $50 per lot. It is not
difficult to foresee that the value and price of land in Mount Auburn
must rise hereafter with a rapidity proportionate to its improvement and
scarcity.

In Behalf of the Trustees,
JACOB BIGELOW, President.