The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-22
The Largest Virgin Pine
Forest in North AL
ALBANIA within Four
Miles of the City.
The Following Liberal Proposition 10
offered by the Companyi

Inc FOLLOWING IlpeFal fFoDobltlC' "
offered by the Companyi
TIM JAsPRR LAND COMPANY propose. 10 seil
500 town lots in aud around the city of Jasper
at the rate Of 500 per lot business lots 10 bc not
loo than d feet front aud residence lots not los
ihsn 10 feet trout And agrees 10 set aside 90 per
cent Of the money received from the kAle Of lots
above mentioned. which shall bo deposited with
the Alabama National bank as trustee the same 10
he invested by sald tusicc under the direction %
the Boafd 81 Directors 81 aid Company. In manu-.
featuring industries OF Other industrial improve
menb 70 be located In or adlscvnt 10 the city Of
Jasper
Tho Jaspor land Company proposes 10 ave Il
each purchaser 81 LOT ~ lots ceftiaosie ~ paid
up capital stock IA some one 81 tho manufacturing
establishments 40 built equal 10 QUO half 81 The
money paid 10 the Company by said purchaser.
The Company further agrees that upon the full
payment Of 500 Zoe each LOT subscribed for Get.
tihoaio or other instrument showing that the hold.
CT thereof Il entitled toa certificate 81 stock -
above stated 10 the amount Of 90 shall be issued
which certificate shall 10 received Al par In pafi
payment for any other lot purchased by tho holder
thereof from tho Conrsny after the allotment
herein provided for aud until May I. lisa
Tho Company further propose. that the partiou.
lar lot or lot " he taken by the several pafiie. 70
spcctlvoly subscribing therefor. shall Be deter
mined A. follows, to.wit The numbers Of all lots
surveyed, laid out and plated oxoep, each third
lot which IL hereby reserved BY the Company.
shall BE- written OF printed upon card. aud piacsd
"a bon OF other receptacle. . committee 81 tub.
scrbcn shall be appointed who's duty II will be 70
call ell the name, Of tho Subscribers and the nun
Der Of lot by each subscribed. and shall Gauss 70
be dawn Of the cards above mentioned one card
Tor each and every lot subscribed. and the number
All -. -.
cred 20 the number Of LOT of lots purchased OF oon'
tfaoied for By him, her or them respectively aid
division 10 take place not later than May I. iss&
The stock Of industrial or manufacturing comps
nies 10 rhioh each purchaser Of lot of lots Il Gu
ttied, shall be distributed In the s.fns manner -
The lots Of the Company, Al zone period within two
yesn from May !, isss or Immediately upon CON-
pistlon Of ell industne. buit with the 70 per cont
70 reserved a. above st forth.
The Company proposes TO all each 10, for the
sum Of 500. o. which t7S shall be paid In cash.
"a on tho 18th day Of April. las. and 20 on The
let day Of November. isss with interest from hay
D. lisa The deferred payments 70 be made W the
Alsbsus National bsnt. birmingham, Ala
But n Il stipulated by aid Company that the
failure 81 any subscriber 70 meet any payment
irscled 10 bs made BY him, Al the time stipulated.
shall forfeit 10 The Company any aud all payments
previously made by such subscriber, and any aud
all right 10 any stock lot
1hc,s lots are taken impsrtlally frum all the
property Of the Company. and Include many near
the business center of tho Town which arc now
worth from s2o 10 no each.
Thero Is reason 20 believe that without the sps.
ois efforts 10 be made 10 develop the advantages Of
H. locsion, the growth Of the Town would soon
double ibese values
with the favorable influence a two railroads
"a .l.fIT.