The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-25
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
Miles of the City.
Tho Following Liberal Proposition IL
offered by tho companyi

4 oIItfto ny tnt COfnDNnNs
TnK JASPER LAND COMPANY nppo,cs 10 ell
sou town lots In aud around the city OF Insl er.
81 the rate Of 500 per lot business iota 30 b. nos
les than n feet front and n-dcntc lots not loas
than 70 feet front And Agnes IN sci aside 10 ref
cent OF the money rccclycd from th' ale ~ lots
above mentioned which shall be- dcpallieI with
the Alabama National lant ~ trustee the samc 70
be- invested by said trustee nnder the direction N
the Hard 81 plrccton Of aid Conf any. In manu-.
iactudug Industries of other industrial impuvo.
insnb 10 n located In o. adliccnt 10 the clb u
Jasper
The Jasper Land Company pgorrcs 10 glve "
each purchaser Of a lot o. lots a ocriincais o. paid
up capital stock In somc Of THO manufacturing
establishments 70 built equal 10 one half oi tha
money paid To the Company by sald purchaser.
Tho Company further agrees that upon the full
payment Of 500 ivr each lot sulscg bed for Ger.
uaoato OF other instrument showing that the hold.
~ thereof IL cntltled tos ccftinoate 81 stock ss
above slaod 10 the amount Of ga shall be Issued
which ccHhsio shall be received At par 10 part
psy1cnt iuf any other 10, purchased by the holder
thereof fron the Company alter the allotment
herein provided ior aud until May I. isss
The Company further proposes that The particu.
lar oi or lots 10 bs taken BY the several parties ~
tpcctivsly subscribing therslof. shall be deter
mined 80 follow. ,owlt The numbers Of all lots
surveyed laid out and plated. except each third
lot which s hereby r-enrd BY the Company.
shall be- written OF priuted upon cards and placed
In Dor OF other receptacle. a COMMITTEES Of sub
sribou shall b, appointed whose duty q will 10 10
call ali the names Of the subscribers and the num-
Der of loia ~ each subscribed, and shall canrs 10
BE- drawn 81 the oanis above mentioned one card
Zoe each and every lot subscribed. and the number
or nunbcn 20 dawn shall 10 taken and oansld.
crrd - the number Of lot or lots purchased or coz.
trscted Tor BY him. her or them respectively; aid
division 70 take place not later than NAY I, ISIS
The stock Of industrial or manufacturing oompa-
mics " Which each purchaser Of lot or lots IL en-
titled. shall be Distributed In the same manner ~
the lots 81 the Company At some period within Two
yean from May l. IssS or Immediately upon CON.
rlcion Of all Industries bullt with the 70 ret cent
40 reserved 10 above sct forth.
Tue Company proposes 70 IN esch lot cor lhe
sam q uoo. Of which sls shall be paid IN cash.
~ on the 18th day Of April issA and 50 on tho
ilt dag Of November. issc. with Interest from May
g. isss The deferred payments 10 be made 10 NE
Alabama National bank. BirmlnEhan. Ala
Bat u 4 Stipulated BY sali compsny that ne
failure o. any subscriber 10 meet Any payment COZ.
inc,sd 10 bc made ~ him, al the time stipulated.
shall forfeit 10 the Company any and all raymeue
previously made By such subscribtf aud any and
oil right 10 any fiock of lot
Tbess lots arr taken imparilaliy from al the
property 81 the Company. and Include many ns-f
the business ocnter u Tho t0wu which are nou
worth from $40 10 $40 zach
There IL reason 70 believe thai without The 20
clai efforts 10 be made 10 develop the advantages q
~ location. the growth Of the town would soou
double thn.s values
with the favorable influence q two railroads
Goth large sioctholden IN the companyl IN a.szs
the Company In 10 efforts 10 build up the iowa
a rnpid Erowth may reasonably bsexpecied
Any one Of the lots ofersd In this sale could b
told now 70 home people for the price asked: bat
~ the company dcsirr 10 rell slaue nunhef Toe
the purpose u producing fund 10 establish manu-
isrories, etc. n has incorporated, s stated an linz
partial proportion Of their mort valuable pfofsrv,
40 that each suhssribes VII have an equal orper
tunlly 70 rei Cor hh money q iot worth nov more
than Zen tines The amount paid