The south-western. [volume] (Shreveport, La.) 1852-1870, 1870-11-02
FIRST CLASS IMPROVED AND UNIM-
proved City Property by Auction.
II. III. ROsSON, AuctiOneer.

= WILL sell the highest bidder, in front of c. h.
IL Burnsides Jewelry Store, Texas street, on Mon
day, January 2, 1871, at ~ o'clock NJ promptly, on
that day. parts of Lot IS and u.s. in block So with front
of73S feet on Texas street by depth of 9A 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. FL has width of "a feet so inches by depth of 81
feet 5 inches Store No 10, "a feet ~ inches, with
same depth; Store No. II, "a feet 81 inches, with
same 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 requirng) to pay rental of from
Seven TO Eight Thousand Dollars per year. l: is only
necessary to view this property to at acknowledge
it to be the leading property of this growing city and
at the time. will sell (the situated immedi
atey in the of these stores) Two Lots of
Ground, the same commencing at the terminus of
the buildings above described and running to alley
the adjoining the buildings has front on Spring
street of 90 feet ~ inches with depth of 73S feet
The purchaser of the Lot will oay have to build front
and side wall to have of the best business stands
in this city, and the next Lot adoins the last mentioned
Lot with front and depth similar; besides front
alley. By sharing the partition wall of the first de-
scrbed Lot another excellent business stand 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 wo-thlrds
per cent the investment, with the advantage of the
property increasingly value the city grows Shreve
port for it's number of inhabitants EXPORTS in amount,
than any other city 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 installments; 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 on the property, and in addition the pur-
chaser will be required to keep the property insured
and deposit the policy with the vendor until the first
credit instalment 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 c. W. Lewis, Notary
Public.
The Auctioneer will take pleasure in showing the
property, or answering any communication relative
thereto.
P. II. ROSSON,
Real Estate and Stock Auctioneer,
Cotton Factor and Commercial Broker,
No. ~ Levee, corner Of Milan street,
Sc IS 1td&wtds. Shreveport, La.