The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-07-22
PORTLAND CITY HOMESTEAD.

The land in this enterpr'sa lies adioiuingtue
city, and is only from ten % fifteen minutes
than that from one OF the best public schools
In the city. 10 is divided into
ONE THOUSAND And TwENT5-FoUE lois,
Finy by one hundred feet in size, with streets
sixty feet wide.
PRICE.
All lots viii be sold for $1,000 each, payable
in iustallmeuts Of $500 per month, or the~mall
sum OF d. cents per day. No Interest VIII be
Deed viii be given upon the payment OF the
first installmcut OF 500, and % Warranty Deed
upon receipt OF last install lInehlt ouih WiihoGl
expense 10 purchaser.
TO PURCHASES.
Those not nudingit convenient 20 make their
payments when due, VIII be granted twenty
days grace in which 90 make such payments,
as 10 is de- Ifshie that ala shall have every pos
slble opportunity TO keep mp their payments.
Those desiring 90 make lull pas mcut 40 the
time the Bond is issued, viii De entitled To- "a
reduction of $1,000 on each Tot, or 500 on each
5000 paid in. A. the
ROAD To WEALTH
is the most certain and rapid through real cs-
tate Investments. this enterprise offers Jar
more inducements 20 the public than any
other on the coast at this time, as the price and
payments are within the reach OF an. DO not
let this chance pass. Buy lot, build, and
make yourself Independents Many OF Won
who live ia rented houses pay more every year
for rent than would purchase lot and build "a
roof over your head. You then would be indie
NNnfAHlN Hl fAslfNAAlH lallNAl'HNAer ana Il ELAlA
have place to call "home."
DoN'r FORGET
That not many Yeas ago some ofthe best lots
i'm san Francisco were sold FOR am ounce OF
gold dust, and that now they could not be
bought for $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
SOD that 81 N0 would not buy now. no is not
wise 20 "despise the day OF small things"
IT Is TRUE.
that OF all real estate fnveSfr rIanfe the home
stead plan IS the best and safest, as all VINO In-
vest are interested Ia making the whole prop
eriy more valuable. To illustrate: suppose A
builds q house on his lot. and b owns = lot adj
Joining; b gets the benefit OF AS Improvement
while A is not injured thereby. This philoFo-
phy viii apply 10 the entire property.
We have donated lot % each OF the princi-
pal churches for church purposes.
In addition 20 the 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 ali the lands from the east line OF the
Homestead (which is Ninth street, 20 the wa
Ter front for their terminus, deppts, machine
shops, etc; also the main line Of the OREGON
Railway Company LimitedI viii have lfs ter
minus near by lhus the greatest railroad
center ON the Pacific Coast LAYS iu close pr0X-
unity 20 these lois. This purchase has caused
90 rise IN an surrounding property OF lul per
cent, making the lots in this Homestead from
- 10 lOu per cent cheaper than any other real
estate in Portland. Iuasmuch as this Home
stead was advertised 20 be sold Tor "a stipulated
price before the recent advance, unpleasant as
% is, we shall strictly adhere to our advertised
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 now all sold, and Tie de-
mand 70 select lots being SO 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 oppor-
tunlty for persons So desiring o. 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 We'll 10 call
or send Immediately Tor "a Tot or lots.
All but the first instalimcnt must Pc prlt no
the Banking House OF L8dd & IlltOn5 Jan the
city OF Portland.
PERSONS PROM A DISTANCE
Desiring a lot. may forward $500 90 the
General Manager, and "a Bond viii be immedl-
ately forwarded.
Money may be forwarded by registered let
ter, money order, or Wells, Fargo a Cos EX-
press, at my risk
For further particulars, apply 70
J. n RICE General Manager,
Portland, oregon,
or to HAIGHr & MCIAUGdLlN,
- Morrison street.