The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-20
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
Miles of the City.
The Following Liberal Proposition 10
offered by the Company,

THE JAsrER LAND COMPANY pruposcs 10 eel
1900 town lots In aud around the city 81 Jasper
NJ the nate Of SEQ per lot business lots 20 bc no
les than - feet front md residence lots not les
than 70 feet front And agrees TO sci aside ~ PEI
cent Of the money received from the salc ~ lot,
above mentioned, which shAll b. deposited with
the Alabama National hank a. trustee the ame 4
be- invested by said trustee. under the direction o.
the Board Of Directors oi sald Company, In manu-
featuring industries OF other industrial improve
mont " be located In OF adjacent 10 the city Of
Jasper
Tho Jasper Land Company proposes TO give q
each purchaser Of lot OF lots certificate of raid
up capital siock la sone one Of the mAnuiac TURNS
establishments - built, equal 10 Que half ~ the
money paid to the Company by aid purchaser
Tho Company further agrees that upon the full
payment Of 500 for each lot subscribed ior. Ger
linoatc OF other instrument showing that the hold
ca Thereof 4 entitled toa certificate ri stock q,
above stated IN the amount Of So shall he issued
which certificate shall h. received y, par in par
payment for any other lot purchased by the holder
ihercof rum the Company alter the allotment
herein provided for and until May I, lssa
The Company further proposes that the rarileti.
lsr lot OF lot 10 b. taken by the several parties ~
tpccllycly subscribing therefor shall be deter.
mined a. follows, to.wit The number Of al lot.
surveyed, laid out and plated. except cach third
LOT, whlch Il hereby reserved by tho Company
shall be written or pdnicd upon cards aud PLACED
In bon or othcf receptacle a committee Of abb.
scrbcn shall h. appointed whose duty Il viii bo %
call al the names Of the subscribers aud the mum
Der Of lots by each subscribed. and shall cause 70
he dnwn Of the cards above mentioned ono card
for each and every lot subscribed. aud the number
90 numbers 20 dmwn shall io taken aud oonsld
cred a. the number Of lot or lots pufuhaGd OF con
traoied for BY him. her or them respectively aid
division ~ take place not later Than May I, fks.
The stock Of Industrial OF manufacturing comIa.
niles 10 which each purchaser Of lot OF lots l. cn.
titled, shall b. distributed IN the same manner o,
tho lots 81 the Company, Al some period within Two
yean from May !, iSss, or Immediately upon CON.
pleilon Of ali industries built with the 70 pof cent
70 n.ered ~ above 81 forth.
The Company proposes 10 scll each 10, iof the
sum % tioo. 81 which 81 shall b. paid 10 cash.
s25 on the 18TH day Of April. lsss aud so on the
II day Of November. issS. with interest from May
1. iva The deferred payments 10 he made 70 the
Alabama National bank. birmingham. Ala
But II Il stipulated by ,ald Company that the
isiluw u any subscriber N meet any payment con.
lracicd 10 bc made by him, al the time stipulated.
shall forfeit to the Company any and All payment.
pfcyi0usly made ny such subscriber aud any aud
All right 10 any stock OF lot
These lots sro taken impaulally from all tho
property u the Company. aud lgpludo many neal
the business center ~ The town which arc nov
worth ffom iIO 10 40 each.
There Il reason io believe that without the spe.
cla efforts 10 10 made N develop the advantages 81
~ locailon. the growth Of the Town would soon
double these values
with the favorable influence Of two railroad.
Doth large siockholdcn In the company Ia sslsi
tho Company In ~ cnHn N bald up the town.
a rapid grU~th may reasonably be expected.
Any one ~ the iois onsred In this sale could he
sold now 70 home people fof the price askrd. bat
a. The company dcairs 10 soll AlaEe number fof
the purpose II producing fund TO establish mann.
iaoinric. ETC.. u has incorporated ~ stated an I'm
Partial proportion II their most valuable properly.
80 that each subscriber viii have an equal oppor.
tuniiy ~ ret for his money n LOT worth nov more
Than ten times the amount paid.
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