The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-31
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
Miles of the City.
Tho Following Liberal Proposition II
offered by the Companyi

Tho Following Liberal Proposition N
offered by the Company
Tug JasPER LAND COMPANY propose. 10 ell
400 town lots In and around the city Of hsPer
Al the rate OF 500 per lot bushes. lots 90 be no,
les than . ieoi trent and residence lots not less
than 10 feet front And sgrces 10 set aside 70 ref
cent Of the money received from tha sale Of lots
above mentioned which shall be Deposited With
the Al.bama National baut |. trustee, the sane -
DO invested by said trustee. under the direction ~
the Board Of Directors Of said Company, In manu-
fscturing industries OF other Industrial Improve
rncnb 70 be located In OF adjaoCnt 10 tho ciu Of
Jasper
The Jasper Land Company proposes 10 rive ',
each purchaser Of lot or lots ceriasais Of paid
up "a pial siock In some one oi Tire manufacturing
establishments 10 built equal 10 Quo hall ~ the
money paid 10 the Company BY said purchaser
Ths Company further agrees that upon the full
payment Of 500 for each 10, subscribed ior Ger
llacale or other instrument showing that the hold
er thereof Il eutitled toa certificate Of stock -
above stated 10 the amount oi 30 shall be issue'l
which certificate shall he received NJ par 10 part
payment for any other LOT purchased BY the holder
Thereof from the Company after the allotment
herein provided for and until May I, tsso
The Company further proposes tina. the Tsrtiou
lar lot or lots 10 bc taken BY s several parties ~
tpcctlvely subscribing therefor. shall b. deter
mined A follows. iowir The numbers Of all lot
surveyed laid out aud plated. except each third
| iO, which Is herby reserved by the Company
shall bo written o. prluisd upon cards aud place
/ 10 a bot OF othof receptacle q COMMITTEES Of sub
.crben shall he appel nied whose duty II will bs d
call all the names Of the Subscribers aud the mum
Der Of lob by each subscribed, and shall Gauss y
be dawn u the cards above mentioned one carl
/ for each aud every lot subs fibed and the numbeI
/ Or number. 70 drawn shall be taken and consid
cred ~ tho number Of lot OF lots purchased OF oon
trscted for by him. her or thsm respectively aid
division 10 take place not later than May !, lsas
The stock Of industrial or manufacturing oonpa
mia. 10 which each purehner u . lot OF lots j. en-
tiued shall be distributed IN tho same manner a
the lots Of the Company. Of Soms period within lW'
yesn from Nay 1, isss OF Immediately upon CON
plston Of all industries built with The 70 pof cent
90 reserved a. above 81 forth.
The Company propose 70 seli each 10, Tor IN
sum Of uoo Of which 81 shall b. paid In cash
t7S on III. 18th day Of April isss. aud 90 on tb'
lat day Of November. isss with Interest from Ma
.. i9a The deferred payments - " made 70 ih'
AlAbams National bant. Birmingham, Ala
hut Il IL stipulated BY said Company thst III
failure Of any subscriber 70 meet any payment oou
tr.oted 10 be made By hln al the time stipulated
shall forfeit 10 the Company any and ill payment
previously made By such subscriber aud any an
oil right 10 any stock OF lot
Thess lots are taken impsHially from all III
property Of the Company and include many nsa
the btpines. center Of the town which are no'
worth from tl0 N 80 each.
There IL reason 70 believe that Without The 'p'
elAi Efforts 10 he made 70 develop the advantages
Ia location. the growth Of the town would 100
double these values
With the favorable influence Of two railroad
Goth large stockholders In the company 10 ash
the Company 10 IL efforts 10 build up The 'ovn
rapid growth may reasonably be expected
Any one Of the lots offered In this sale could
sold nov 10 home people for the price sstsd' b.
"a the company dssires 10 yell sl.rs number u
the purpose Of producing fund 10 osiablish man
tsciotss etc. II has incorporated. I. stated an In
Partial proportion Of their most valuable ptoper
20 that each subscriber will have an equal oppo
tunity 10 get Tor biz money LOT worth nov mo-
than ten times the sm0uni paid