Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1888-06-14
THE LEADING OBJECT.

Napa9 faAt'N lana Co
SAN Francisco, Sept. !, 1857.
THE LEADING OBJECT.
As will be seen, the leading object of the
syndicate is to secure the subdivision ofthe
land into small holdings, and the announce
ment emphasizes the fact that individuals
Will be strictly limited to the ownership of
single ten or twenty-acre lot.
Inc surveys for town sites and the sub
DIVISION OF the large tracts necessarily CON-
sumo some time, but by the time the rail-
road was completed the following an
nouncement was made;
SECOND ANNOUNCEMENT OF TIE cAP4y Valley
LAND COMPANY - SUBDIVISION OF eoyyxcp
TRAcT-LocATIoN OF THE TOWN OF EsPE-
RAMA
In pursuance of plans heretofore formed and
published under the head of Preliminary An
nouncement of the Capay Velley Land Com
pany," that company has subdivided q tract of
l,519S acres at the mouth of Capay valley into
five, ten and twenty-aere tracts. and also es-
tablished IN the center of these subdivisions a
town site comprising $50 lots, 50xl5O feet. The
acreage lots will be sold at from s25 to $3.50 per
acre, twenty per cent. of the purchase price to
be paid at the time of purchase, when imme
N@N-N fSS1So-ACAA
eighty per cent. to be paid at the end of five
years with seven per cent. per annum, payable
annually in advance. This is the equivalent of
selling the land at the price agreed upon, and
loaning the purchaser eighty per cent of the
purchase money for five years, at seven per
cent. per annum. The town lots in the town of
Esperanza will be sold at auction June Goth, and
excursions from San Francisco Oakland. Sac
ramento, Woodland and other places will run
at rates of fare to be hereafter announced. The
town of Esperauza is located in the mouth of
Capay valley, in the center of a large tract of
very fertile land, which has been divided into
small subdivisions, as above set forth, and occu.
pies gently elevated position above the sur
rounding country. An elegant passenger and
freight depot has just been completed. The
position of Esperanza and the extent and
fertility OF the supporting territory are such
as to warrant the conclusion that it
will soon be the second town in Yofo county: in
fact, its supporting area is more extensive and
more populous than that surrounding wo7d-
land Chico or Red Bluff, and in addition to the
fertile and wellsetted country lying north
ward, eastward and southwark it will be the
chief local emporium of the entire Capav val
ley. II Itoccupies a commanding position at the
mouth of Capay valley, which will give it a
profitable trade in that direction for twentv-six
miles. It is fourteen miles directly west of
Woodland, and in the heart of q populous and
fertile region. The railroad to the west is com
pleted to Rumseys, a distance of twenty-six
miles, and Capay valley. with its picturesque
scenery and unsurpassed fertility, will attract
an early dense settlement
The terms of sale for town lots, either at auc-
ton or at private sale will be 25 per cent of the
purchase at the time of purchase, % PEI cent. in
six months, 25 per cent. in one year and % per
cent. in eighteen months, with per cent per
annum, payable in advance. Five per cent off
the purchase price will be allowed for cash.
The Capay Valley Land Company has yet to
be subdivided over 1900 acres of very fertile
land, distributed at intervals up the valley.
This, like the Bonynge tract surrounding Espe-
rama, will be divided into five, ten and twenty
acre tracts, and hence density of settlement is
practically assured.
Subdivisions of the Bonynge tract are now ON
sale in the Land Department of the Central Pa
eifc Railroad Company, where maps may be
seen.
For further particulars, or for maps and circu-
lars address WILLIAM II. MILLS
Land Agent Central Pacific Railroad Company.
Fourth and Townsend streets, San Francisco.