The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-23
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
MilesAof the City.
Tho Following Liberal Proposition Is
offered by the Companyi

TIIR JASPER LAND COMPANY proposes TO sell
aOO town loh In aud around the city Of Jaspcr.
81 the nate oi 500 per lot; business lots TO he not
lee than ~ ieet front and residence lots not Les.
than 20 feet front And agrees 10 set aside ~ rcr
cent Of the money received from ths sale 81 lots
above mentioned which shall be deposited with
the Alsbama National bank a. tusice the ano 10
10 invested by aid trustee under the direction ~
tho BOARD Of Directors Of Sald Company. In manu-.
faclurius industries OF other Industrial improve.
mens to be located In OF adjacent 10 the city Of
Jasper
Tho Jasper Land Company pSopo-Os to .Ivo v,
each purchaser Of lot or lot. orrtin.ais ~ PAID
UP capital stock ~ somc Que Of The manuiac TURING
establishments - built equal 10 Que half ~ thu
money paid 10 The Company by sald purchaser
The Company further agrees that upon the full
payment Of 800 for each lot subscribed for a Ger.
tiacntc OF other Instrument showing that the hold
a. thereof Il entitled 30 certificate of stock 40
sbo,e stated " the amount % "a shall be i.uesl'
which certificate shall be received II par 10 pArl
payment Tor any other lot purchased By the holder
thcreci irom the Company alter tho allotment
herein provided Cor aud uulIl May I, ISsa
Tho Company inrther proposes that the PARTON,
lar lot or lots tote takcn b. the several parties ~
sIcctlvcly subscribing therefor. shall 30 deter
mined A. follows. toNit The numbers % all lot.
NNNNNN'Ni taNu NNA hNN liAliNlf tAtNlN NAIn tllIl
loo which IL hereby rrscrycd by tho Company
shall be written OF prlniei upon caris and placed
IN box or other rcccpiAcic. a committee Of sub
scrihcr~ shall b. appointed who's duty II will b. "a
call all the names Of the Subscribers aud tho nun
ber oi lots by each snls,ribcd. and shall CAUSE 10
10 drawn Of the card ahovc mentioned one card
foT each aud every loi subscribed. aud the number
90 numbers 20 drawn shall be taken and oOusld
end NJ the nuinbcr 81 lot OF lot, purchased OF con
trscled for By him. hef or them respectively. said
division 10 take place not later than Nay 1. isSs
The stock % Industrial or manufacturing coInps.
mics 10 which each purchaser Of lot 90 lots Il en-
titled. shall be distributed IN the same manner a,
the lots Of The Company At ,oine Period within twu
yeau from May 1, issN or Immediately upon com
ploiion 81 All indusrOs built with the 70 lcf cont
30 reserved ~ Aboye ~ forth.
Tho Company ppposcs N scli each 10, Cor the
sum Of 500. Of which ~ shall be paid IN cash
slS ou The 18th day Of april issA and 90 on tho
lat day Of November, isSS with Interest from May
1, lssS Tho deferred payments 70 10 made 10 The
Alabama National hank. birmingham, Ala
But n d alpuisied by aid Company that the
failure Of any subscriber 10 meet any payment con.
tracicd " bs made By him. al tho time stipulated
shall forfeit 10 the Company any and All payment,
previously made tg such subscriber aud AM and
all right 70 any stock of lot
These lou are .iaksn imTauiaily trUn all the
property u the Company and include many nsnf
The burinc. CENTER NJ the town which arc now
worth from $40 10 sshe each.
ThcV is rsscp iob elleV that without the spo.
clal Efforts 10 hs made 70 develop the advantages ci
is lec.tlon. the growth o. the town would soou
double these values
with the isyorshie influence oi two railroad,
Goth isrHe siockhoider In the company 10 Asis,
the Company IN ~ qfcrn 10 build mp the tow.
= rapid srovth may rtAsoasbly b. srpectcd.
Any QUO Of the lots offered IN this sale could be
.oid now 70 hopf people Tor the price sskcd. bu,
a. the company d<slrs 70 ell aiAus number fof
the purpose Of ptotucinf fund 10 esiabllsh mann.
isriore. ETC.. u hAs Incorporated . stated an I'm.
partial rroror,iosef thslr most valuable property.
90 that eaoh sal--tibrf viii have en- equal oppcr.
,unity 70 &c, Tor IN money 10, worth nov more
,han ten 'imss The sn'ount paid.
r.,f,,thsr f,f,fls allan s,lt. M .,nsy N