The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-07-15

The land I'm this enterprise lies ad Joining the
walk from 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 TwESTY-FoUR lots,
Fifty by one hundred feet in size, with streets
sixty feet wide.
All lots will be sold for $1,000 each, payable
in insiallmeuts OF $500 per month, or the small
sum OF los cents per day; NO interest viii De
Deed will be given upon the payment OF the
first installment Of $500, and Warranty Deed
upon receipt OF last insiallmenti both without
expense 70 purchaser.
TO PURCHASERS.
Those not finding Il convenient TO make their
payments when due, will be granted twenty
as IL is desirable that all shall have every pos
sible opportunity TO keep up their payments.
Those desiring to make full payment at the
time the Bond is Issued Will be entitled 10 a
reduction OF 5000 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
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
who 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 100000. Also, remember that i'm
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 $1,000 would not buy now. II Is not
wise 10 "despise the day Of small things"
IT Is TRUE,
that OF all real estate Investments the home
stead plan r. 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 B owns lot ad-
Joining; B gets the benefit OF AS Improvement,
while A Is not injured thereby. This philOsO-
ply will apply TO 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.
RAILROAD PURCHASE
The Overland, oregon and California and
the Western Railroad Companies have phr-
chased all the lands from the east line OF the
Homestead (Which is Ninth street, 20 the wa
ter front for their terminus, depots, machine
shops, etc; alse the main line Of the Oregon
Railway Company lLimited) will have its ter
minus near by. Thus the greatest railroad
center on the Pacific Coast lays in close prox-
unity 20 these lots. This purchase has caused
rise In all surrounding property OF 100 per
cent, making the lots In this Homestead from
IS 10 100 per cent cheaper than any other real
estate in Portland. Inasmuch as this Home
stead was advertised TO be sold for a stipulated
price before the recent advance, unpleasant as
II is, we shall strictly adhere TO our advertised
contract with the public % sell these lots for
Sl00 each for 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 20 place more lots on the
MARKET from which the public may select for
the next ninety days This affords an OppOr-
tunity for persons 50 desiring % purchase the
most beautiful residence property.
TO PARTIES DESIRING To PURCHASE
This property is now selling very rapidly
and those wishing TO buy VIII do we'll 10 cali
OF send Immediately for a lot or lots.
All but the first installment must be paid az
the Banking House OF Ladd & TiltOn, In the
city Of Portland.
PERSONS FROM A DISTANCE
Desiring a lot, may forward $50 70 the
General Manager, and Bond Will be immedi-
ately forwarded.
Money may be forwarded by registered let
ter, money order, or Wells, Fargo Cos Ex-
press, al my risk.
For further particulars, apply 10
J. VI. RICE, General Manager,
Portland. Oregon,
Or 10 HAIGHT & MCLAUGHLIN,
81 Morrison street.