The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-07-29

The land in this enterprise lies adjoining the
ci;y, and is only from ten To niieen minutes
walk from the Court House, and less distance
than that from one OF the best public schools
In the city. II Is divided into
ONE THOUSAND AND TwENTY-FOUR LnTs,
Finy by one hundred feet in size, with street,
sixty feet wide.
PRICE.
All lots will be sold for $1,000 each, payable
in insiallmeuts of $500 per month, or the smalI
sum of los cents per day. No interest will be
charged, and good and sufficient Bond iOi
Deed will be given upon the pay yment OF the
first installment OF s5.0O, and "A Warranty Deed
upon receipt Of last installment, both without
expense 70 purchaser.
TO PURCHASERS.
Those not finding 10 convenient 10 make theil
payments when due. will be granted twenty
days grace in which TO make such payments
as IL is desirable that all shall have every pos
sible opportunity 10 Keep up their payments.
Those desiring To make full payment at the
time the Bond is issued, will be entitled 10 q
reduction OF $1,000 on each lot, or $500 on each
5000 paid In. As the
ROAD TO WEALTH
Is the most certain and rapid through real es
tate investmedts, this enterprise offers faI
more inducements to the public than any
other On the coast at this time, as the price and
payments are within the reach OF all. 10 no.
let this chance pass Buy lot, build, and
make yourself Independent Many Of you
who live in rented houses paysnOre every yeai
for rent than would purchase lot and build q
roof over your head. You then would be indie
pendent OF exacting landlords, and iE truth
have place 10 call "hOme."
DON'T FORGET
That not many yeas ago some OF the best lots
in san Francisco were sold for an ounce ol
gold dust, and that now they could not BE-
bought for $1,000. Also, remember that IN
Chicago some OF the best business lots were
once traded for pair of old boots How often
is the remark made by old residents o! Port.
land that once they could have bought lots toi
sl0Q thAf 81 90 would not buy now. II IS moi
wise ta9NtN Mise the uaW of small things -
IT Is TRUE,
that OF all real estate investments the home
stead plan is the best and safest, as all VINO in
vest are interested in making the whole prop
erty more valuable. To illustrate: Suppose \
builds a house on his lot, and owns a lot ad-
jOiAing; b gets the benefit OF AS Improvement
while A Is not injured thereby. This philOso-
ply will apply 10 the entire property.
We have donated a lot To each Of the primer
pal churches for church purposes.
In addition TO tine above, two lots are SCI
apart for public school purposes.
RAILROAD PURCHASE.
The Overland, Oregon and California and
the Western Railroad Companies have pun
chased all the lands from the east line OF thu
Homestead (Which is Ninth street, 10 the wa
ter front FOR their terminus, depots machine
shops etc; also the main line OF the oregon
Railway Company Limited will have its ter
minus near by Thus the greatest railroad
center on the Pacific Coast lays In close proN-
Unity 10 these lots. This purchase has caused
a rise in all surrounding property Of 100 per
cent, making the lots in this Homestead nom
20 10 lOO per cent cl eaper than any other real
estate in Portland. Iuasmuch As this Home
stead was advertised 10 be sold for a stipulated
price before the recent advance, unpleasant As
Il Is, we shall strictly adhere TO our advertised
contract with the public u sell these lots FOR
slou each tor the next ninety days.
The two hundred lots that were reserved for
actual settlers are now all sold, and the de
mand TO select lots being 80 greet We have
been compelled TO place more lots on the
market from which the public may select Tor
the next ninety days. This affords an oppor-
tunity for persons so desiring T. purchase the
most beautiful residence property.
TO PARTIES DESIRING TO PURCHASE
This property is now selling very rapidly
and those wishing 10 buy will do well 10 call
or send Immediately Tor "A lot or lots.
All but the INST installment must be paid al
the Banking House Of Ladd & TiltOn, In the
city OF Portland.
PERSONS FROM DISTANCE
Desiring a lot. may forward $50 10 the
General Manager, and a Bond will De immedi-
atcly forwarded.
Money may be forwarded by registered let
ter, money order, or Wells, Fargo Cos TX
press, AT my risk.
FOR further particulars, apply to
]. VI RICE, General Manager
Portland. Oregon,
or TO HAIGHr & McLAUGHLIN,
50 Morrison street