Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-04-07
The way they BuiId cities in ths west.

The Way they Build Cities in the West--
A Pike's Peak SwIndIe Exposed.
Emigants to the far West, especially TO the
Pixies Peak region, seem to be beset by psck Of
shsrpers and it is fortunate II they escape their de-
signs. Those who may be disposed to speculate in
town lots will learn an in instructive lesson from
the following exposure of Pixies Peak sWindls
which has just been made by the West, paper pub
lished a. st. Joseph, Mo. That paper says
Messrs. Lykens s Boyd, real estate agents, 81.
Joseph, have placed in cur hands the following
respOndence for pubiestion. The reliability and
we'll Known business qualifications and character Of
this opular firm have doubtless superinduced the
application t them for aid in the transactions pro-
posed. Let tvery body read the documents and re-
member hat both doc Rent5 are in the same handS
writing, and are both mailed at Iowa Point X. T.,
Marcl ., 1859, of which place Reed is a citizen.
[LETTER NO I
Iowa PoNT, K T., March g, 1859.
Mr. LYKEEs-Sir: l suppose you are s,il gsbbling
up some Of The money ating round st. Joseph, las
MeGsrty says aad If so, l have Job for you to
work on Last fall ] went down to the gold Dig
gings and whilst there helped to organize the Aura>
ria City Company, being member myself One hum
dred of US took section Of land and laid of the
above named city. We divided it into GOO shares
spprop1isting 200 Of them to the city, and had re-
m2ining 400 TOR the company, or four 10 the man
Eacn one was COUpelttOlO 10 nave mousse QUILL the
first of next July. at once hired man, who went
out with us and remained TO build my house, which
suppose will be completed in time. then returned
home during the wiRter; and now If you can gobble
me up 8 man who will purchase my interest Of me
(say 81, 900 per share will give you the round sum
Of 81 900 for your ingenuity.
Auraris has now, according the most reliable ac-
coCnts, about three hundred buildings, which have
gone up in the last pr months and about eight hun
dred inhabitants and If things 60 ss they are now
she will be city of one thousand inhabitants in
eight months time from now. Let me hear from you
pretty soon for this is one Of the most plausible
speculstions now out, l shall expect you to soon
find purchaser. In the meantime you will re-
ceive letter pretending TO Be from Pixies Peak,
which viii no doubt assist you in the trade
J. W. REED.
P.S-The shares have not yet been issued, but
will guarantee that ali will Be right, or the money
refunded.
LETTER no.
AURARIA CRY, January 25, 1859,
Msssrs BoYD s. LYKExs-Sirs: Having received
your address from miner here, who also recon-
mended me to you, | wish to know what DR.. !. W.
Reeds of Iowa Point interest in this city could be
Obtained for. Since he left, this place and Den
yer City have united, and be may think his chance
is poor one, and would probably sell on good
terms.
When you ask him his price, ask how much he
will take for the chance Of his four shares if you
find they can be had for 81 900 or 81 500 per share,
write to me Immediately at kOrt Kesrney, as 1 ex
pect to be at that place by the time. He may take
great deal less, but the above is the limit
Yours, &C., J. w. ToDD.
Inclosed in this was slip Of paper containing
the folIosing:
This will do very we'll to exhibit to those who may
wish to purchase. j. W. r.