The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-09-02
PORTLAND CITY R0MESTEAJ.

The land in this enterprise lies adjoininE the
city. and Is only from Ten 20 iifeln minutes
than that from one OF the best puoiic sch Yul,
in the city. II b. divided inlo
oNE THoUsAND AND rwENrY-FoUR LOTS.
Fiuy by one hundred feet in size, with str ct.
sixty feet wide.
PRICE
All lots will be sold tor $1,000 each. paval..
in luztallments OF $500 per month. .ur Tie s..I.i'
sum of i6 cents per day. No Interest Wi. t..
charged and q good and sufficient Bond .1.
Deed VIII be given upon the pas mcnt of the
first insfallmcnt Of S5Ou. and Warrant y Deed
upon receipt OF last tnstallmenI, both without
expense 10 purchaser.
TO PURCHASERS.
Those not finding 90 convenient 20 make their
payments when due Will De granted twenty
days grace In VIII ch 20 make such pas menfs,
as DO il desirable that all shall have every pos
siblc opportunity 20 Eeep mp their payments
Those desiring Co make iull payment at ihe
time the Bond is issued, viii be- entitled Co q
reduction OF $1,000 ON each lot, or s. 90 on each
s51pJ paid IN. As the
ROAD TO WEALTH
Ts the most certain and rapid through real es-
tate Investments, this enterprise offers Ear
more inducements 90 the public than any
other ON The coast at this time, as the price and
payments are thin the reach Of all. DO uof
let this chance pass. Buy "a Tot. build, and
make yourself Independent. Many OF YOU
who live i'm rented houses pay more every year
for rent than would purchase % lot and build "a
roof over your head. You then would Doe indie
pendent of exactlng landlords, and In truth
have place 90 call "hOme."
Don't FORGET
That not many years ago some oftbe best lots
in san Francisco We're sold for an ounce of
gold dust, and that now they could not he
bought for SlOON0U. Also, remember that in
Nulctso some OF tne nc.t business lois We're
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
sI0u that S3',001 would not buy now. 10 is not
Ia |HaaTH HIa fN HI| nall
IT Is TRUE,
that OF all real estate Investments the home
stead plan is the best and safest. as all VINO i'm
vest are interested in making the whole prop
erty more valuable. To illustrate: suppose 4
builds "a house on his lot, and b owns lot adj
loIaing: 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 princi-
pal churches Tor church purposes.
In addition TO the above, two lots are set
apart Tor public school purposes.
RAILROAD PURCHASE
The Overland, Oregon and California and
the Western Railroad Companies have pur-
chased all the lands from the east line of tne
Homestead (which is Ninth street, 10 the Wa
Ter font for their terminus. depBfs. machine
shops. etc; also the main line OF the Uresou
Railway Company lLimitedl viii have It's ter
minus near by. Thus the greatest railroad
center on the Pacific Coast lays in close prnX-
unity 20 these lots. This purchase has caused
a rise in all surrounding property OF 100 per
cent, making the lots In this Homestead from
- TO loo per cent cheaper than any other real
estate IN Portland. Inasmuch as this Home
stead was advertised 10 De sold for "a stipulated
price before the recent advance, unpleasant a,
10 is. we shall strictly adhere 20 our advertised
contract with the public 10 sell these lots for
Sltu each tor the next ninety days.
The two hundred lots that were reserved for
actual settlers are now all sold. and the de-
mand 10 select lots being SO greet we have
been compelled % place more lots on the
marEef from which the public may select Tor
the next ninety days. This affords am oppor-
tunity for persons so desiring ts purchase. the
most beautiful residence property
To PAKrGEs DESIRING To PURCHASE.
This property Is now selling very rapitIlv.
and those wishing 20 buy will 90 well % cali
or send Immediately Tor lot or lots
All bat the first lu,tallment mu-I be ulif M
the Banking House Of Ladd a Tilt0n, ia the
city OF Portland.
PERSONS FROM A DISTANCE
Desiring a lot, may forward $500 10 the
General Manager, and Bond viii be immedi-
ately 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
J. NJ RICE, General Manager,
Portland. oregon,
Or to HAIGHr & MCLAUGHLIN.
81 Morrison street.