The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-08-05

The land iu this enterprise lies al Joining the
city, and is only from ten to fifteen minutes
walk from the Court House.ar a less distance
than that from one OF the best public schools
ia the city. Il is divided into
ONE THOUSAND And TwENIY-F0UR LOTS,
Fidy by one hundred feet ia size, with streets
sixty feet wide.
All lots viii be sold for $1,000 each. payable
tn insiallmeuls Oi $500 per month, or tine small
sum ol lt-r cents per day. 80 interest viii be
charged. and % good aud sufficient Bond FOR
Deed VIII De given upon the payment of the
first install lmeut OF -5l1 ana Warranty Deed
upon rer-ip % OF last ustailiueut, both without
expense 70 purchaser.
40 PURCHASERS.
Those not finding 30 convenient 10 make their
payments when due. Will he granted twenty
iays grace in VIA ch % make such payments,
as DO is desirable that All shall have every u0s-
sibie opportunity 20 acep up their payments.
Those desiring 90 make luIl p1yme 40 the
time the Bond is issued viii DE entitled 90 "a
reduction OF 5000 ON each lot, or Siul on each
s5LtJ paid In As fhe
ROAD To WEALTH
l. the most certain aud rapid through real es-
tate investments. this enterprise oilers far
more Inducements 20 the public than any
other on the coast az this time. rs the price and
payments are within the reach OF ail. 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 q lot and build
roof over your head. You lnen Wuuld be indie
pendent OF eXactiug landlords, and I'm truth
have place 10 call "home."
D0N'r FORGET
That not many years ago some OF the best lois
n san Francisco were sold for AN ounce OF
gold dust, and that now they could not DE
bought Tor slt0NoO. Also, remember that i'm
Chicago some of the best business lots were
is the remark made by old residents Of Port
land that once they could have bought lots FOR
elUu that - lu,u would not buy now. To is not
wise 10 "despise the day OF small things"
IT Is TRUE,
that OF all real estate Investments the home
stead plan is the best and safest, as an VINO in
vest are interesad In making the whole prop
erty more valuable. To illustrate: suppose
builds house on his lot, and B owns "a lot ad-
jOiHing; b gets the benefit OF AS improvement,
while is not Injured thereby. This philoso-
phv will applv 10 the entire uronerfv
We have donated "a lot 20 each OF the princi-
pal churches for church purposes.
I'm addition 60 tine above, two lots are set
apart for public school purposes.
RAILROAD PURCHASE.
The Overland, Oregon and California and
the Western Railroad Companies have pur-
chased an the lands from the east line of the
Homestead (which is Ninth street 20 the wa
Ter front for their terminus. dep1ts. machine
shops etc, also the main line of the oregon
Railway company Limited viii have IL ter
minus near BY Thus the greatest railroad
center ON the Pacific Coast lays in close prox-
unity 20 these lois. This purchase has caused
"a rise iu all surrounding property OF 100 per
cent, making the lots m this Homestead from
9j 10 100 per cent cheaper than any other real
estate in Portland. lnasmuch a. This Home
stead was advertised 20 be sold for a stipulated
price before the recent advance, unpleasant as
70 is we snail strictly adhere 20 our advertised
contract with the public % sell these lots for
sllO each for the next ninety days.
The two hundred lots that were reserved for
actual settlers are now ali sold. aud the de-
mand 90 select lots being so greet. We have
been compelled 20 place more lots on the
market from which the public may select for
the next ninety days. This affords am opp1r-
fuuify foT persons So desiring o. purchase the
most beautiful residence property.
To PARTIES DESIRING TO PURCHASE.
This property Is now selling very rapidly
ami those wishing 20 buy will do we'll 10 call
OF send Immediately Tor a lot or lots
All but the ilrSt iu>tallmeut must he paid af
the Banking House OF Ladd & Tilton in the
city oil Portland.
PERSONS FROM A DISTANCE
Desiring a lot, may forward $50 10 the
General Manager, and Bond viii be immedI-
ately forwarded.
Money may be forwarded by registered let
ter, money order, or Wells, Fargo G Co.'S Ex-
press, ut my risk.
For further particulars apply TO
J. NJ RICE, General Manager,
Portland. Oregon.
or TO HAIGHr & MCLAUGHLIN,
52 Morrison street.