Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1889-10-19

HERE IS SOMETHING NEW IN WHICH
I'LL to invest your money that will bring you
heavy returns. 1t is not something new" to
be invited to invest in lots of new town. but
il is emphatically a new thing-a refreshing
event'-lo be asked to buy property where the
surroundings are so favorable to the quick
growth of a town-the sudden springing up Of
a city in day-as We find in this case. We
will give you REASONS for the faith that is in
us, and if you think those reasons are not good,
keep your money and some one else will reap
the harvest.
The Klamath River Lumber and Improve
ment Company, with a capital of $500 00r, COM
posed of such well-known men as James (.
Mclaughlin, formerly of Milwaukee, who is
President of the Board; James Steele, Presi-
dent OF the Merchants National Bank of Port
land, who is Secretary and Treasurer, and
William G.. Steele and NJ. B. Rankin, both OF
Portland, own > 900 acres of the best sugar and
Oregon yellow pine skirting both banks of the
klamath river for twenty four miles II is esti-
mated that there are over 15,OOO, 00O,00O feet OF
lumber on the banks of the river. Several
other owners own as much more. Klamath
City is at the junction OF the klamath river
and the California and oregon Railroad. and
the point to which all this huge pile of lumber
must come en- route 10 market.
The company is NOW BUILDING A SAWMILL
of capacity of 5000 feet per ten hours, en-
ploying $50 men, with monthly payroll OF
$4,000. Other companies will employ as many
N ore Within radius OF few miles there
are fully LOCO men engaged in placer and other
mining doing we'll. The washiDgs show that
900 in single season, the most valuable dirt
has not been washed. Here are 500 men,
through whose hands not less than 100000
per month is put into circulation. and all OF
whom will come to the stores and shops of
Klamath City to buy their goods and supplies.
Ninety Thousand dollars per month, over
a million per year, ready to come to q new
town even before the company owning the site
have had time to put up their mills. What will
the town be when it is a two year oid2 There
are number of Improvements to be made by
the company, which cannot be described in an
article of this length, a description of which
will be sent to any one sending us his or her
address. Among them are a hotel and bank
building-parties with ample capital having
agreed to occupy the same when completed.
at once, as the company have all the materials
at hand and will erect buildings to suit, giving
liberal terms of payment.
% Remember the date of the Auc-
ton Sale, ON the premises, October 23d
and Gath.
There is no trifing about this matter. The
company are carrying out their plans as they
started in to do. ana they will make things
hum Those who cannot see from the above
statement of facts that klamath City property
is good buy, would do better to stay at home
and not attend the auction sale, Ior we can as
drones. Only wide-awake, active men viii
keep up with the town.
Fer further particulars, catalogues, ETC., APP
ply to
D. j. WHEELER & CO.,
The Real Estate Auctioneers, No. IL
Montgomery Street, s. T.
olO12,15,1719,22