The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-27
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
Miles of the City.
Tho Following Liberal Proposition -
offered by the companyi

Tho Following Liberal Proposition -.
offered by the companyi
TmE JASPER LARD COMPANY propose, u scli
soto town lots 10 and around the city Of Jasi CT.
At the rate o. 500 PEE lot business lots 70 b. not
les than y feet front aud nzidcnes lot. not less
than 70 feet mont And agfc~ 10 set aside 20 rer
| cent Of the money rcirycd irDm thu sale ~ lot,
shove mentioned. which shall he deposited with
the Alabama National bank ~ trustee. the ehac ;,
h. invested by said trustee. under the direction ~
the Boatd 81 Director 81 Sild Company. In manu-.
featuring industries OF other industrial improve.
menb " b. located In OF adjacent 10 the clty %
Jasper
Tho Jasper Land Company proposes 20 1--WE b,
earh purchaser 81 lot or lots a certificate of raid
mp capital stock In some one Of tho manufacturing
establishments " built. equal n Quo half Of tho
money paid 10 the Company BY said purchaser.
The Company further agrees that uton the fitll
payment Of 500 foe each lot subscribed for cor.
uhsntc or other instrument showing that tho hold.
q thereof Is cuiiticd 10 certificate Of stock 70
above stated 10 the amount Of So shall be issued
which certificate shall BE- received al par In pail
payment for any other lot purchased By the hoidc,
thereof nom the Company after the allotment
herein provided for and until May 1, lisa
Tho Company further proposes that the partition.
lar lot OF lots To be taken b. The several parties r.
spcctlvely subscribing therefor. shall he deter.
mined a. follows. 10 wit The number Of all lot.
surveyed laid out and plated, except each third
lot which Il hereby reserved b. the Company
shall DO written or printed upon cards and plsosi
In boz or other receptacle. q committee Of sub.
scriben shall he appointed whose duty Il will 10 70
call all tho names Of the subscribers and the mum.
her OF lots BY oach subscribed and shall cause IA
Do drawn Of the cards above mentioned one card
Tor each and every lot subscribed. and the number
or numbeu % drawn shall be taken and consld.
cred a. tho number Of lot OF lots purchased OF con
traosed Tor by him. her or them respectively. aid
division 10 lake place not later than Nay 1, isss.
The stock OF industrial or manufacturing comma.
mics 70 which each purchaser Of lot or ots Il en-.
Titled, shall be distributed IN the sane manner "A
the lob Of the Company. al some period within two
yesn from May :. issN or Immediately upon com.
pletion Of all industre, built with The 70 por cont
20 reserved hs above sct forth.
sum Of tloo, Of which a. shall b paid in oash,
IS on tho 18th day Of April isss. and 90 on the
Ia, dag Of hoyemeer issa with interest from MAY
]. ISIS The deferred payments 10 be made 70 lhs
Alabama National bank. Birmingham, Ala
But u Il stipulated by aid Company that tho
failure Of any subscriber 70 meet any payment con.
iracicd 10 he made BY him at the time stipulated.
shall forfeit TO the Company any and all paymonp
previously made by such subscriber. aud any and
III Ntut 70 any atoch OF lot
Theas lots arr taken impArtiafly from an tha
property Of the Company, and include many near
the business center q Tho town which arr nov
worth from t1i0 10 $40 each.
There IA resson 10 beliove that without the sr,.
cial Efforts 10 be made 70 develop tho Advantages Of
ia location. the growth u tho town would soou
double thess values
With the favorable Influence Of two railroads
Doth large stockholders IN the company 70 assist
the Company In IL eaoru 70 build up the town.
. rarid growth may reasonably be rpoc,ed.
Any one Of the lots offered In this sals could n.
sold nov TO homo people Tor The price asked; but
a. the company desirrs 70 sell q large number Tor
the purpose Of producing fund 10 establlsh mann.
factories. etc. u has incorporated ss stated an i'm.
partial proportion Of their most valuable property,
20 tha, each subscriber viii have en- equal cppor.
tuniy 70 sei TOT hh moneys lot worth now more
than len umcs the amount paid