The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-03
The Largest Virgin Pine
Forest in North Al
ALBANIA within Four y
Miles Of the City.
Tho Following Liberal Proposition Is
offered by the Companyi

TItF JAspER LAND COMPANY proposes IN sell
sou town lots In and Arpnnd tho city OF JASPER.
NJ the rate Of tlo0 pcf lot business lots ~ BE- not
leo Than y icct irunt aud ntidenr, lots not les
than ~ feet frunt And arfc-s 10 sci aside 20 ref
cent Of the money fcriyci from III, .ale ri lot,
above mentioned. which ,haile be Deposited with
the Alabama National hank q, trustee the same b.
be invested by said trustee. under the direction II
the nnari oi Dircion ~ add Company. IN manu-.
iArturinE iudu,tfics uf other industrial Improve
incnt ~ b. lornicd IN OF adjacent 10 the vib o.
Jsspcr.
Tho Jaspar Land Company proposes Ia vlve b.
each punhaarf Of los of lot y certificate II paid
up capital sto1k In somc Que oi a. manufacturing
establishments 10 built equal 70 one hall ~ thf
money paid 10 the Company ~ said purchaser.
Tho COMPANY further agrees that upon the full
payment Of s00 for each Dor sui~rfibcd Tor. a Ger
iincaie OF other instrument showing that the hold
90 thereof scntiltd ioa ceftlaraic of sioci a.
above stiiod b. the ampunt " 80. shall b. iaued'
which ccuinrsic shall be- involved At par In part
payment Tor any other lui purchased by the holder
thereof from the Company after tho allotment
herein provided Tor aud until May ~
The Company further proposes that the pariicu
lat lot or lots 10 h. taken b. DC several parties N
spcctvcly subscribing thoncior. shall b. deter
mlucf a. follows, iowlr The numbers ~ al iot'
surveyed. laid out ani plated, except each thinl
lot which IL hereby fr,crcd BY the Company,
shall be- written ~ pfuigi upon earl AMI PLACED
/ ~ boN o. other rccrpinrie q oommiic. ~ sub
srfiicu shall b. appointed whose duty II will 10 ~
call al the names Of the subscribers and the nun
bcf u lot by each subs fibcd, anil shall Gauss 10
b. drawn ~ the carts ni.1te mentioned one card
fof each aud every tot sul.ifihcd ani The numhef
or uumbsrs - dawn ,hali h. taken and consid
crrd NJ the nuhcf n int ar lots purrhasod or ron
iractcd cor by him. hcr o. them fosfsriiVoiY aid
division 10 take place not later than hhy T. iss
/ The stock u industrial or manufacturing eompa'
nlcs ~ which oarh purchaser II lol 0f lott j. On
/ titled shall be distributed In he sauc manner a.
the lot 81 ths Company. NJ some pcrioi within iwo
ytnm from May !. 1855 or Immediately upon rom.
plciion u All industries built with tio 70 Ier oeut
~ nscroi 10 above ~ forth.
The Company pupoto 70 scr each 10, Tor The
sum u 500 Of which ~ thiil b. raif In cash.
tB on the 18Th day II April isS, snd 80 on the
1T day Of November Ives with Interest from Nay
/ T. lisa The deferred payments 10 b. made " the
Alabama National bsnk. birmingham Ala
| But n IL stipulated by aid Company thsi the
failure 81 any subscriber 10 iaeet any payment COO
uacisi 10 ~ made b. bin At The time stipulated.
shall forfeit 10 the Company any ani sll payment
previously made ~ such subscrlb,t aud any aud
eli rsht b. any stock o. lot
Thoss lots are taken impsrtisiiy from all hs
property Of the Company aud include many nsai
| the business center ~ The toWn Nhich arc no"
worth from f2O 10 so each.
There h rvsson 10 believe that without the src
oiai efforts 10 be made 10 develop the advantage Of
10 iooaiion the gfOvth oi the town would sol
/ double thcsa values
Win the favorable innusno, Of two railroads
doth large stockholders M the company 10 asiil
The COMPANY In IL efforts 10 build up The town
. rapid growth may reasonably beetpec'sd
Any one oi the lou oasfsd 10 this sale could b
sold nov N homs people for the price asted. bu
a. the company dsslfss 10 ssli large numbef iol
tho purpose q producing fund 10 establish maui
factories etc. II has incofpofsud, "a stated an I'm
partial proportion Of their most V.lnable property
o. that each subscriber will have an equal oppor
tunity 10 rot tot his monsya loi worth nov NOR
than ten times the amount paid.