Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1886-04-08
LOTS 500 EACH /!
In Monthly Payments Of $40 !
WITHOUT INTEREST.
FIRST PAYMENT $50

The URMsT0N TRACT, which has re-
NAMED In the possession of the owner ever
since he entered It at the land offlce. has at
last changed hands. This beautiful proper
ty will be Immediately subd ivided into
building lots. The deed will be placed with
F. G. Howes, ESQ.,. the Cashier of the Los
Angeles National Bank. as trustee. and the
bank will be made depository for the
funds, by the Southern California Land Co.,
No. 263 N. Main street, who become the
managers of this popular enterprise. The
same gentlemen inaugurated and brought
10 successful result the "Childs Tract
Homestead" They also formed the Column
bia Colony Syndicate for the Fow Ter
Rancho. Those shares. placed in Deem
Der last at $3.50. now command 5000.
The Urmston Tract forms three hundred
and eighty-seven large lots Four Electric
Masts viii be maintained without charge to
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. IscLUDISG THE
BUILDINGS. will be without charge
TO the subscribers 60 the loss, and
the division of the properly 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 500 each, in payments of $50 the
fret month and of $40 per month therea fter
without Interest. The division takes
place after the fourth months payment,
which win 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
the tract. which is surrounded by hand
some mansions; those OF Messrs. Burke,
Mccreery. Hunt and others being conspicu-
Gus.
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 it 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 by the occupants OF the
many beautiful homes that will be made
within the next few months. Three dis
tfnct street railroads in very short
time will pass the property on Washington
aud Adams streets. and on Vermont avenue.
70, uo,,Isna,. a,aot,,o 100. s ,.,n
mass on Adams s,rsat
The low prizes of these desirable building
s,,a. IL "a, .ha - - =. onea .sa,n.
,a,ss,v 70 the ,mnrovamants q, this sbsrm.
ing portion of the city.
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al al .h.so ,o.s q, - A.. ..,
auv On tho long time ossrsa y.s,araa
.,,bo,oh the ,r.., 49, No, va, n,aoaa an ,no
vta, ,h,r,v ,n,o oeo :,