Los Angeles daily herald. [volume] (Los Angeles [Calif.]) 1873-1876, 1874-03-10
The Mil improvements.

|
Water is the all important question
| in Southern California. Let there be
water and everything in the vegetable
line springs up and grows with a
growth unparalleled in other locali-
ties. Orange trees spring up with mar
vellous rapidity, and the spot becomes
q little paradise under the manipula-
ton of industry, wherever water can
be had
The hill lands have been delayed in
their sale simply because the arrange
ments for water were insufficient. The
time given for their sale has conse-
uuently been extended for two months.
A large reservoir, capable of contain
| ing untold hundreds of thousands of
| gallons of water, is now being con-
structed. An engine and pump Is now
on its way hither, which Will raise
| $4,000 gallons of water per hour into
| the reservoir, more than is now con-
sumed by the entire city of Los An
geles.
All lots must be sold previous to
April 18th, for upon that date those
that are left will be disposed of at pub
lie auction, by the popular auctioneer,
Noyes. They will be sold on the in
stailment plan, at his rooms in the
Temple Block, on Spring street; the
first installment payable on day of
sale.
Fifteen thousand feet of pipe are now
being laid in the streets, 5000 feet of
which are already in the ground, and
a million gallon reservoir is now being
made to supply the lots with water.
The City Surveyor has been ordered
to define the grades and lines of Olive,
| Charity and Bunker Hill avenues,
from Hill to Hope; Second street and
Temple street from Hill to Hope. This
will bring these lands within easy
reach of the business part of the city.
The distance to the Court House is less
than it is to the Turner's Hall.
Mr.. Beaudry being the owner by
perfect and indisputable title, offers
the following scheme, believing that
it supplies a felt want.
His various tracts have been sur
veyed, and plated in lots of conven-
lent size for residences, upwards Of
two hundred in number, and the maps,
together with abstracts of title, are
kept for public inspection at his office,
opposite the Pico House.
Any person desiring to purchase can
inspect the land, select his lot or lots,
and acquire the same, if not previously
taken up by another, upon the follow
ting terms, purchasers not being re-
sricted to single lot:
The purchaser or his successor to pay
the fixed price of the lands selected by
him, in equal monthly installments.
as follows On lots valued at $500 and
upwards, but not to exceed $500, SIS
per month; on those valued at $500
ard less than $500, $40 per month.
Payments in gold or currency, and no
interest demanded. For cash in hand
reduction of fifteen per cent. will be
made.
The purchaser to have immediate
possession upon payment OF the first
installment and OH execution and de-
livery of contract.
The right of the purchasers may be
assignable by him, and his assigns to
succeed to all his privileges and liabil-
tiles; standing in all respects towards
the vendor as an original obligOr.
Purchasers shall not be restricted to
the payment of the installments as
above shown, but may make pay
ments in advance, and on such pay
ments he will allow one per cent. per
month, from the date of payment until
said payment would become due.
Upon selection of lot or lots by
purchaser, and payment of the first in
stallment with five dollars in U. S.
gold coin, as expenses on the docu-
ment, Mr.. Beaudry, with the pur-
chaser, will execute and acknowledge
a sealed agreement, embodying the
above conditions; and, upon full pay
ment, according thereto, the under
signed will execute and deliver to the
purchaser, or his lawful representa-
tives, on demand, a good and sufficient
and absolute deed of conveyance of the
distracted lands, in form of warranty
against grantor, the grantee paying
the cost of such deed.
The location is very desirable. All
that has heretofore been lacking is
water, and that want is now fulfilled.
Anywhere else, in as desirable location,
lots readily command from $500 to
$1,000, and even higher rates. This
property is put at the astonishing low
price of from $500 to $4OO. But this is
not all. This may be paid in currency
and q reduction of fifteen per cent.
will he made for cash in hand