The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-05-27
PORTLAND CITY HOMESTEAD.

The land In this enterprise lies adjoining the
city, and Is only from ten % fifteen minutes
walk rom the Court House. and a less distance
than that from one OF the best public schools
in the city. Il is divided into
ONE THOUSAND AND TwE,sry-TOUR lois,
Finy by one hundred feet in size, with streets
sixty feet wide. Two hundred Of these lots
will be reserved for those who desire TO inn
lots viii be sold on the same liberal terms
that are offered in the Homestead proper.
PRICE.
All lots will be sold for $4,000 each. payable
In insialiments OF $500 per month, or the email
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
hrst install lment OF 500, and Warranty Deed
upon receipt OF last installmeut, both without
expense 10 purchaser.
To PURCHASERS.
Those u finding il convenient 10 make their
payments when due, will be granted twenty
days grace lu which To make such payments, ,
as 10 j. desirable that all shall have every pos
si6lc opportunity tr Keep up their payments.
Those desiring 10 make full payment at the
time the Bond is issued, will be entitled 10
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 investments, this enterprise offers far
more inducements 20 the public than any
other on the coast al this time ,as the price and
payments are within the reach OF all. Do not
let this chance pass. Buy lot, build, and
make yourself Independents Many or YOU
who live In rented houses pay more every year
for rent than would purchase a lot and build
roof over your head. You then would be inde-
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 $4,000. 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 OF Port
land that once they could have bought lots FOR
sl0O that s21.00O would not buy now. Il Is not
wise 70 "dcspise the day Of small things"
wARNISG.
Do not take tie 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 viii tell you not 10 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 10 sue
ceed in a thriving community like this, surely
their talk about accomplishing wondrous re-
suits elsewhere would seem 10 amount 10 moth
ing more than the silliest air-castle building.
II they were in the Garden of Eden, surrounded
by all the luXuries 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, Disseminated, unhappy, dyspeptic, hypo-
chOndriacal, incOrrigible creatures that they
now are. Nothing can be done with such indl-
yiduals. 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 aOregO. IAN OF February
9Th. II will be found that city property has ad-
vanced twenty-five per cent during the past
year. rs there has been no excitement, the
rise is wholly attributable 10 the increasing
Immigration and the growing confidence in
spired by our numerous railroad enterprises,
and the development OF our many natural re-
sources. that have hitherto slumbered for want
OF energetic men 10 develop them.
IT Is TRUE,
That Of all real estate investments The home
stead plan T. the best and safest, all who in
vest are interested in making the whole prop
erty more valuable. To illustrate: suppose A
Joining; 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 lot to 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. mol
later than the
2sth Of February, ISsl,
At the Mechanics Pavilion, commencing at 10
O'Clock a. n, public notice Of which VIII De
given by publication in two principal Journals
decided upon by "a majority OF the purchasers
Z IN the Homestead. Parties interested may ap-
3 point proxies 10 act for them II they desire 70
do So Parties who do not attend al the tlme
OF the division, either in person or by PROXY
viii be bound by the plan settled upon oy the
majority Of those who do so attend.
II is suggested by the purchasers that diyis-
ion might be made by placing the NUMBER OF