The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-09-09
PORTLAND CITY HOMESTEAD.

The land IN this enterprise lies adjoining the
CITY. and is only from ten 10 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 TwESTY-FoUE LOIS,
Fifty by one hundred feet in size, with streets
sixty feet wide.
PRICE.
All lots will be sold for $1,000 each. payable
IN insiallments Of $500 per month, or the small
sum of TO- cents per day. No interest will be
charged, and "A good and sufficient Bond for
Deed will be given upon the payment OF the
first insfallment OF $500, and a Warranty Deed
upon receipt OF last installment, both without
expense 20 purchaser.
To PURCHASERS.
Those not finding % convenient 10 make their
payments when due. will be granted twenty
DAYS grace In which To make such payments
as 10 Is desirable that all shall have every pos
slble opportunity 10 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
more Inducements To 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 a lot, build, and
make yourself independent Many OF you
who live In rented houses pay more every year
for rent than would purchase lot ana build a
roof over your head. You then would be indie
pendent OF eNactlng 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 bee
bought tor $4,000. Also, remember that i'm
Chicago some Of the best business lots were
once traded for a pair Of old boots How often
Is the remark made by old residents Of Port
land that once they could have bought lots for
slOO that s25,O1O would not buy now. IL is not
wise to "despise the day OF small things"
IT Is TRUE,
that OF all real estate investments the home
stead plan il 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 y owns "A lot adj
jOiaing; B gets the benefit OF AS improvement,
while is not injured thereby. This philosO-
ply will apply 10 the entire property.
We have donated lot tOeach OF the princi-
pal churches for church purposes.
In addition to tine above, two lots are set
apart tor public school purposes.
RAILROAD PURCHASE.
The Overland, Oregon and California and
the Western Railroad Companies have pur-
chased all the lands from the east line OF the
ter front for their terminus, depots, machine
shops, etc; also the main line OF the Oregon
Railway Company tLimitedl will have It's ter
minus near by. Thus the greatest railroad
center on the Pacific Coast lays IN close pr0x-
unity to these lois. This purchase has caused
rise In all surrounding property Of 100 per
cent, making the lots in this Homestead from
75 TO loo per cent cheaper than any other real
estate In Portland. InaSmuch this Home
stead was advertised 10 be sold for a stipulated
price before the recent advance, unpleasant as
10 Is. we shall strictly adhere to our advertise
contract with the public 10 sell these lots for
500 each for the next ninety days.
The two hundred lots that were reserved for
actual settlers are nov all sold, aud the de-
mand 20 select lots being 20 greet. we have
been compelled % place more lots on the
market from which the public may select for
the next ninety days. This affords an opp1r-
tuuity for persons so desiring T. purchase the
most beautiful residence property.
TO PARTIES DESIRING To PURCHASE.
This property is now selling very rapidly,
and those wishing 20 buy viii do well 10 cali
or send Immediately for a lot or lots.
All but the nfst installmcut must be paid at
the Banking House OF Ladd q Tilton, In Tie
city Of Portland.
PERSONS PROM 4 DISTANCE
Desiring a lot. may forward $500 70 the
General Manager, and a Bond viii be immedi-
ately forwarded.
Money may be forwarded by registered let
ter, money order, or Wells, Fargo & Co.'S EN-
press, al my risk.
For further particulars, apply 20
J. " RICE, General Manager,
Portland. Oregon,
OR TO HAIGHr & MCLAUGHLIN,
50 Morrison street
GerTfHeafe-