The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-06-10
PORTLAND CITY HOMESTEAD.

The land in this enterprise lies djoiningthe
city, and Is only from ten 10 fifteen minutes
than that from one OF the best public schools
In the city. IL is divided into
ONE THOUSAND AND TwESTY-FoUR LOTS,
Fifty by one hundred feet in size. with streets
sixty feet wide Two hundred Of these lots
VIII be reserved for those who desire To im-
prove and build this Summer and Fall. These
lots VIII be sold on the same liberal terms
that are offered in the Homestead proper.
PRICE.
All lots will be sold for $1,000 each. payable
In installments OF $500 per month, or the smali
sum OF 10 cents per day. No interest will be
charged, and good and sufficient Bond for
Deed Will be given upon the payment Of the
first installment OF $500, and "A Warranty Deed
upon receipt OF last installment, both without
expense 10 purchaser.
To PURCHASERS.
Those not finding IL convenient 10 make their
payments when due, Will be granted twenty
days grace in which TO make such payments
as u is desirable that all shall have every pos
sible opportunity tr keep up their payments.
Those desiring to make full PAYMENT at the
time the Bond Is issued, will be entitled 10
reduction OF 5000 on each lot, or $500 on each
5000 paid In. As the
ROAD To WEALTH
Is the most certain aud rapid through real es-
tate Investments, this enterprise offers far
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. DO not
let this chance pass. Buy a lot, build, and
make yourself Independent Many OF you
who live in rented houses pay more every year
for rent than would purchase lot and build
roof over your head. You then would be indie
pendent OF exacting landlords, and In truth
have place 10 call "hOme."
DON'T FORGET
That not many years ago some OF the best lots
in san Francisco were sold for an ounce OF
gold dust, and that now they could not be
bought for slO0g0O 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 OF Port
land that once they could have bought lots for
slOU that $1,000 would not buy now. II is not
wise 10 "despse the dag OF small things"
A wARSING.
Do not take the advice OF those who croak
against the prosperity OF the city in which they
reside. or cry down an enterprise which has
for its object the development Of the country.
They will tell YOU not TO invest, as some dis
tant locality offers superior inducements, and
that they intend going there as soon as they
get means enough ahead. II such persons
have not energy and Judgment enough 20 sue
ceed IN thriving community like this, surely
their talk about accomplishing wondrOus re-
suits elsewhere would seem 10 amount 70 moth
ing more than the silliest air-castle building
II they were in the Garden OF Eden, surrounded
by all the luNuries OF that famous land, with
angels 10 do their bidding, and the aromatic
breezes from Araby the blest 10 ian their ach-
ing brows, still they would be the same rest
less, d!scontented, unhappy, dyspeptic, hypO-
chondriacal, incouigible creatures that they
now are. Nothing can be done with such indi-
viduals. Their disease Is chronic, their cases
are hopeless, and the best that can be done Is
10 shed the sympathetic tear over them, and
abandon them TO their mOurnful fate, as being
beyond the reach OF human skill
APPRECIATION OF VALUES
BY reference TO the "Oregos ian" Of February
jth, it will be found that city property has adj
vanced twenty-five per cent during the past
year. IS there has been no excitement, the
rise is wholly attributable TO the Increasing
immigration and the growing confidence in
spired by our numerous railroad enterprise
and the development OF our many natural re-
sources, that have hitherto slumbered foI want
OF energetic men 20 develop them.
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 A
builds house on his lot, and owns a lot ad-
Joining: b gets the benentof As imprOvcmc 20,
while A is not injured thereby. This phil1EO-
phy will apply 10 the entire property.
We have donated a lot % each OF the princi-
pal churches for church purposes.
In addition TO the above, two lots are set
apart Tor public school purposes.
DIVISION.
The division OF this property will take place
when the lots are all sold, or, In any event, not
later than the
2Sth Of February, 1851.
At the Mechanics Pavilion, commencing at 10
O'Clock A. NJ, public notice OF which viii De
given by publication in two principal journals
IN the state II will be made In the manner
decided upon by majority OF the purchasers
& the Homestead. Parties interested may ap-
point proxies 10 act for them II they desire 10
do 50. Parties who do not attend at the time
OF the division, either in person or by proxy,
will be bound by the plan settled upon By the
majority OF those who do so attend.
Il is suggested by the purchasers that dlYis-
ion might be made by placing the numoer Of