Los Angeles daily herald., 1886-04-13
In Monthly Payments Of $40 !
WITHOUT INTEREST.
FIRST PAYMENT $50

The JRMsToN TRACT. which has re.
manned in the possession Of the owner ever
since he entered Il at the land Office. has at
last changed hands. This beautiful proper.
| ty will be Immediately undivided into
buildine lots. The decd will he nIaced with
| F. O. Howes ESQ. the Cashier Of the Los
Auteles National Rank. as trustee. and the
bank will be made A depositorv for the
funds. bv the Southern California Land 90.
No. 26s N. Main street. who become the
managers of this popular enterprise. The
same gentlemen inaugurated and broush,
10 successful result the "Childs Tract
Homestead. They also formed the Colnm
bia Colony Syndicate for the Fowler
Rancho. Those shares, placed in Decem
Der last at $3.50, now command $1,000.
The Urmston Tract forms three hundred
and seventy-eight large lots. -Four Electric
Mssts will be maintained without charge ia
the lot holders for one year. Artificial stone
and plank sidewalks will be constructed ON
every street. six elegant cottages are to be
erected on different portions OF the tract,
All of the improvements, INCLUDING THE
BUILDINGS. will be without charge
10 the subscribers 60 the lots, and
the division of the property made in the
same manner as that OF the ChIlds tract.
which was so eminently satisfactory to all.
The payments being, as in the former case
directly TO the owners OF the land. the price
to subscribers has been placed at the lowest
possible amount. During the sale of this
splendid property there will be ne need to
take outside excursions for building lots
miles away, at hundreds of dollars above
their value.
These lots in the Urmston tract are to be
sold at $40 each, in payments of $50 the
first month and of $40 per month therea fter
withoutfnterest. The division takes
place after the fourth months paymept.
which will be in August next.
The property lies between Adams and
Washington streets, fronting also on Adams,
Hoover and Vermont avenue. and other
broad and beautiful thoroughfares
1t is pleasant walk from the Figueroa
street railroad through Washington street to
tho sract whsot, l. sn.,o,,.,,s.,a ~, 49,,
some mansions; those OF Messrs. Burke,
Mccreery. Karpe, Bowker, Mics, whitne
and others being conspicuous.
AS residence site. this tract has no supe-
rior The water is OF the purest quality
and Mr. Burke, at the corner Of Adams
street, offers il to all corners as a sample OF
one of the good things of the many that
await new residents of that quarter.
The city water will also be piped to these
lots when required nv the occupants Of the
many beautiful homes that win be made
within the next few months Three dis
tinct street railroads i'm a verv sbor,
time will pass the property on Washington
and Adams streets. and on Vermont avenue
Col Howlaod.s electric motor road win
pass on Adams street.
The low price of these desirable building
sites il for the burmese of at once addinO
largely to the improvements of this charm.
ing portion of the city.
The sirst-c,ass staexaIks. the
elegant cotsages, the electric
lights. and the unriyalled locality. will
sell all these lots in very few DAYS. espeei
ally on the long time offered. Yesterday
.,,ho.,, ,na to-, No, 49,. -,...a Al,
/