The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-06-17
PORTLAND CITY HOMESTEAD.

The land IN this enterprise lies adj Joining the
city, and is only from ten 10 fifteen minutes
walk from the Court House, and a less distance
than that from one OF the best public schools
In the city. II is divided into
ONE THOUSAND AND TwENTY-FoUR LOIS,
Fifty by one hundred feet in size, with streets
sixty feet wide. Two hundred OF these lois
will be reserved for those who desire To inn
prove and build this Summer and Fall These
lots Will be sold on the same liberal terms
that are offered in the Homestead proper.
PRICE
All lots viii be sold for $1,000 each. PAYABLE
In insiallments of $500 per month, or the small
sum OF los cents per day. No interest will be
charged, and good and sufficient Bond for
Deed viii be given upon the payment OF the
hrst install lment OF 500, and Warranty Deed
upon receipt OF last installment, both without
expense 10 purchaser.
TO PURCHASERS.
Those rot finding u convenient 10 make their
payments when due. Will be granted twenty
days grace in which 10 make such payments,
as % is desirable that all shall have every pos
sible opportunity tr keep up their payments.
Those desiring 70 make full payment az the
time the Bond is Issued, viii be entitled TO 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 es-
tate Investments. this enterprise offers far
more Inducements to 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
who live in rented houses pay more every year
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 SlO0lNo. Also, remember that In
Chicago some Of the best business lots were
ffaru liz fold
is the remark made by old residents OF Port
land that once they could have bought lots for
slO0 that $4,000 would not buy now. Il Is not
wise 10 "despise the day OF small things.T
A wARNING.
Do not take the advice or 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 will 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 to sue
coed in a thriving community like this surely
thslr ths,ilr talk ABOUT accomplishing wondrous re-
suits elsewhere would seem % amount TO moth
ing more than the silliest air-castle building
II they were In the Garden Of Eden, surrounded
by all the luNuries OF that famous land, with
angels 10 do their bidding, and the aromatic
breezes from Araby the blesi to fan their ach-
ing brows, still they would be the same rest
less, d!scontented, unhappy, dyspeptic, hypO-
chondriacal, incOrrigible creatures that they
now are. Nothing can be done with such indi-
Nlunsai,- 4helr disease Is chronic, their cases
are hopeless, and the best that can be done is
70 shed the sympathetic tear over them, and
abandon them 10 their mOurnful fate, as being
beyond the reach OF human skill.
APPRECIATION or VALUES.
BY reference 70 the "Oregos ian" OF February
jth, IL will be found that city property has ad-
Vanced twenty-five per cent during the past
year. As there has been no excitement, the
rise Is wholly attributable 70 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 Is the best and safest, as all VINO in
vest are Interested in making the whole prop
erty more valuable. To illustrate: suppose A
ioiaing; gets the benefitOf AS improvement,
while A is not injured thereby. This philosO-
ply will apply TO the entire property.
We have donated a lot 10 each OF the princi-
pal churches for church purposes.
IN addition 10 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 soldi or, In any event, not
later than the
2Sth Of February. 1851.
At the Mechanics Pavilion, commencing at 10
O'Clock A. NJ. public notice OF which will be
given By publication In two prfnclpal Journals
decided upon by "A majority OF the purchasers
In the Homestead Parties interested may ap-
point proxies 70 act for them II they desire 10
DO 50. Parties who do not attend al the time
will be bound by the plan settled upon by the
majority Of those who do so attend.
II is suggested by the purchasers that diTIs-
ion might be made by placing the number OF