The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-06-24
PORTLAND CITY HOMESTEAD.

The land in this enterprise lies adjoining the
city, aud Is only from ten 10 fifteen minutes
than that from one of the best puOlic schools
In the city. IL is divided into
ONE THOUSAND AND TwENTY-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 20 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 insialiments Of $500 per month, or the small
sum of To- cents per day. No interest will be
charged, aid good and sufficient Bond for
hrst install lment Of $500, and q Warranty Deed
upon receipt Of last iustallmeut both without
expense 70 purchaser.
To PURCHASERS.
Those not finding il convenient TO make their
payments when due, viii be granted twenty
days grace in which 10 make such payments,
AS 10 u desirable that all shall have every pos
sible opportunity tr keep up their payments
Those desiring 10 make full payment 40 the
time the Bond is issued, will be entitled 90 a
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 cs-
tate Investments, this enterprise offers far
more inducements 10 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 lot. build, and
make yourself independent. Many OF YOU
VINO live in rented houses pay more every year
for rent than would purchase "a lot and build "a
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 sl00nOh Also, remember that In
Chicago some OF the best business lots were
once Traded Tor a pair of old hUufg How often
is the remark made by old residents OF Port
land that once they could have bought lots for
slt0 that $1,000 would not buy now. 10 is not
wise 10 "despise the day OF small things"
a wARSISG.
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
Tor It's object the development OF the country.
They viii tell YOU not TO invest, as some dis
iaut locality oilers 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 % sue
ceed In thriving community like this, surely
their talk about accomplishing wOndrOus re-
suits elsewhere would seem 20 amount 70 moth
ing more than the silliest air-castle building.
II they were In the Garden Of Eden, surrounded
by all the iuNuries OF that famous land, with
angels to do their bidding, and the aromatic
breczes from Araby the blest 20 fan their ach-
ing brows, still they would be the same rest
less, Disseminated, unhappy, dyspepiic, hypo-
chondriacal, incoTigible creatures that they
now are. Nothing can be done with such indi-
fAAAttl>- Auelr disease D. curnulcs iutlE case.
are hopeless, and the best that can be done is
10 shed the ympathetic tear over them, and
abandon them 10 their mOurniul fate as being
beyond the reach Of human skill.
APPRECIATION or VALUES.
By reference to the "Oreg0. .iau" OF February
OH. 10 viii be found that city property has adj
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
rpiTed 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 an real estate investments the home
Stead plan rs the best and safest, as all VINO in
vest are interested In making the whole prop
efty more valuable. To illustrate: suppose A
builds house on his lot, and owns a lot ad-
lnlhlngi gets the benefit OF As Improvement,
while a T. not injured thereby. This philoso-
phy VIII apply % the entire property.
Me nave donated "A lot 10 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
Wnen the lots are all sold, or, in any event, not
later than the
2sth of February. 1851.
Al the Mechanics Pavilion, commencing at 10
O'Clock A. NJ, public notice Of which viii be
gwen by publication In two principal journals
IN the state. IL Will be made in the manner
decided upon by majority OF the purchasers
in the Homestead. Parties interested may ap-
point proxies 10 act for them IL they desire TO
do 50 Parties who do not attend al 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.
II Is suggested by the purchasers that divis-
ion might be made by placing the number OF