The new Northwest. [volume] (Portland, Or.) 1871-1887, 1880-07-08

The land in this enterprise lies djoinlng the
city, and Is only from ten 20 niieen minutes
walk from the Court House, and a less distance
than that from one of the best public schools
In the city. 10 is divided into
ONE THOUSAND And TwENTY-FoUR LOTS,
Fifty by one hundred feet In size, with streets
sixty feet wide.
All lots viii be sold for $1,000 each, payable
in iusiallments OF 500 per month, or the small
sum OF los cents per day. No interest viii be
charged, and good ana sullcient - bonS NJ ,il loI
Deed will be given upon the payment OF the
first installment OF $50, AID Warranty Deed
upon receipt Of last installment, both without
expense 10 purchaser.
TO PUECHAsERs.
Those not finding 60 convenient 10 make their
payments when due, viii be granted twenty
days grace in hich 10 make such payments,
as 10 is desirable that all shall have every pos
sibIe opportunity 10 keep up their payments.
Those desiring TO make iull aymcut at the
time the Bond Is issued, will be entitled 20
reduction OF $1,000 ON each lot, or s5uO ON each
5000 paid i'm. As the
ROAD TO WEALTH
Is tue most certain and rapid through real cs-
tate Investments. this enterprise oilers Tar
more Inducements TO the public than any
other on the coast at this time, as the price ana
uavments are within the reach OF all. Do not
led this chance pass. Buy lot, bullu, ana
f1ate YOURSELF independents Many OF you
who live in rented houses pay more every year
for rent than would purchase "a lot and build
roof over your head. You then would be indie
nHuuHnf OF tAafNlAE laAAltNlA7t aAA'A AAA AAAA
have "a place 20 call "hOinc-"
DoN'r FORGET
That moi 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 Slo0l0O. Also, remember That In
Chicago some OF the best business lots were
once traded for a pair Of old boots. How often
il the remark made by old residents OF Port
land that once they could have bought lots for
sIOO that $4,000 would not buy now II is not
wise 10 "despise the day Of small things"
II Is TRUE,
THAT OF all real estate investments. the home
stead plan is the best and safest, as all who in
vest are interested In making the whole prop
erfv more valuable. To illustrate: suppose 4
builds house on his lot, and Il owns lot ad-
Joining. gets the beneAt OF AS mprOyemcnt,
while A is not injured thereby. This philOeO-
phv will apply 10 the entire property.
I we have donated lot 10 each OF the princi-
nal churches for church purposes.
In addition 20 the above, two lots are set
apart for public schoA 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
/ Homestead (which is Ninth street. 10 the WI
| ter front for their terminus, dep9tS, machine
shops, etc, also the main line OF the oregon
| Railway Company lLimitedl will have is ter
[ minus near by. Thus the greatest railroad
] center on the Pacific Coast lays In close proX-
I Unity 10 these lots. This purchase has caused
I "A rise in all surrounding property OF 100 per
] cent making the lots in this Homestead from
( IS to loo per cent cheaper than any other real
estate In Portland. Inasmuch a this Home
stead was advertised 10 be sold for a stipulated
] price before the recent advance, unpleasant as
Z il is, shall strictly adhere TO our advertised
\ contract with the public 10 sell these lots for
I sl0O each for the next ninety days.
] The two hundred lots that were reserved for
actual settlers are now all sold, and the de-
I 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 q purchase the
most beautiful residence property.
TO PARTIES DESIRING TO PURCHASE
This property is now selling very rapidly
I and those wishing 10 buy will do well 10 call
or send Immediately Tor Tot or lots.
All but the first installmenL must be paid af
the Banking House OF LadJ q Tilton, in the
. city OF Portland.
PERSONS FRoM A DISTANCE
Desiring a lot, may forward $50 10 the
General Manager, and Bond Will be immedi'
I ateiy forwarded
Money may be forwarded by registered let
. ter, money order, or Wells, Fargo & Cos EX'
/ press az my risk.
For further particulars, apply 20
J. VI. RICE, General Manager,
Portland. oregon,
Orto HAIGHT s. MCLAUGHLIN,
50 Morrison street.