Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1889-10-22
WEDNESDAY & THURSDAY,
October 23d and 24th,
ON THE PREM S E s.

HERE is SOMETHING NEW IN WHICH
il Il to invest your money that will bring you
heavy returns. 1t is not something new to
be invited to invest in lots of a new town. but
it is emphatically new thing-a refreshing
event'-to be asked TO buy property where the
surroundings are SO favorable to the quick
growth of town-the sudden springing up OF
a city in a 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 capital of $780, 0o, COM
posed of such well-known men as James Il.
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 q goo acres of the best sugar and
Oregon yellow pine skirting both banks OF the
Klamath river for twenty four miles. 1t is esti-
mated that there are over 1000, 0000 C0 feet OF
lumber on the banks of the river. Several
other owners own as much more. Klamath
City is ct 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 to market.
The company is NOW BUILDING A SAWMILL
of capacity of 5000 feet per ten hours, en-
ploying $50 men, with a monthly payroll OF
Sl5 900. Other companies will employ as many
more. Within a radius of few miles there
are fully 900 men engaged in placer and other
mining, doing well. The washiugs show that
while two men have taken out as much as s25,-
900 in single season, the most valuable dirt
has not been washed. Here are 1,500 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 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 two year.old? 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.
Purchasers OF lots desiring tc build can do so
at once, as he company have all the materials
at hand and will erect buildings to suit, giving
liberal ter ms of payment.
16- Remember the date of the Auc-
ton Sale, on the premises, October 23d
and oath.
There is no triling about this matter. The
company are carrying out their plans as they
started in to do and 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, for we can as
sure them it is no place for either blind men or
drones. Only wide awake, active men will
keep up with the town.
For further particulars, catalogues, etc., ap-
ply to
D. j. WHEELER & CO.,
The Real Estate Auctioneers, No. IL
Montgomery street, s. f.
o1o,12, 1517.19,22