The south-western. [volume] (Shreveport, La.) 1852-1870, 1870-10-26
FIRST CLASS IMPROVED AND UNIM.
proved City Property by Auction.
II. III. ROsSON, Auctioneer.

r WILL sell to the highest bidder, in front of c. II.
4 Burnsdes Jewelry Store, Texas street, on Mon
day, January 2, ST. at ~ O'Clock M, promptly
that day, parts of Lot l6 and 49, in block So with front
of73& feet Texas street by depth of 91& feet and
improvements; the improvements consists of three
Three-story Stores entirely new; the same built of
hard burnt brick and of tasteful architecture Store
No 81 has width of "a feet go inches by depth of 81
feet 81 inches; Store No. 10, "a feet ~ inches with
same depth; Store No. II, "a feet 81 inches, with
depth, the latter situated at the of Texas
and Spring streets, the under rental of over
$4,000 annually and taken readlly-could have been
made (by simply<requiring) to pay rental of from
Seven to Eight Thousand Dollars per year. 1t is only
necessary view this property to at acknowledge
it to be the leading property of this growing city and
at the time will sell (the same situated immed
ately in the rear of these stores) Two Lots of
Ground, the commencing at the terminus of
the buildings above described and running to alley
the one adjoining the buildings has front on Spring
street of 90 feet h inches with depth of 73s feet
The purchaser of the Lot will only have to build front
and side wall to have of the best business stands
in this city, and the next Lot adons the last mentioned
Lot with front and depth similar besides front
equang the depth alley, the cornering the
alley By sharing the partition wall of the first de-
scribed Lot another excellent business stand can be
made by building front and side walls, all of which
can be done with small outlay of capital.
New Orleans capitalists could make it their interest
to visit Shreveport and view this property 1t could
be made, if proper Judgment were exercised to pay
annuity of from fifteen to sixteen and two thirds
per cent the investment with the advantage of the
property increasing in value the city grows Shreve
more than any other city or town in America, and per-
haps the world.
Terms of Sale:
So much of the purchase money, or the assumption
OF mortgages to the amount of about SIS, 900, with
what cost may be incident to this sale the first pay
ment, that to be paid arranged at once the balance
in two equal annual instalments; first due December
81 1871 and the other due December 81 1872, to
bear eight per cent per annum interest from day of
sale till paid, with mortgage importing confession of
judgment en- the property and IN addition the pur
chaser will be required keep the property insured
and deposit the policy with the vendor until the first
credit instament is paid; the clause of five per cent
attorneys fee to be placed in title Acts of sale and
Internal Revenue stamps at expense of the purchaser
the former to be passed before G. W. Lewis, Notary
Public.
The Auctioneer will take pleasure in showing the
property, or answering any communication relative
thereto.
P. Fl. ROSSON,
Real Estate and Stock Auctioneer,
Cotton Factor and Commercial Broker,
No. 12 Levee, corner of Milan street,
% ltd&wtds. Shreveport, La.