The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1890-12-04
Two Hundred Dollars for the First Bust.
oess Lot at Calhoun Falls.

On Friday last the first business lot on
Savannah Street, in the town of Calhoun
Falls, was sold for 5000 by the Western
Carolina Land and Improvement Com
pany at their Office. The purchaser pre-.
ferring to select his lot SO as to enable him
to build at an early day, unwilling to
wait until the lot could be assigned to
him under the announcement of $3.50 for
one lot and one share of stock, which, on
the monthly payments of 10 per cent. per
month, would require ten months before
the lot could be assigned to the purchaser.
In order to encourage rapid building the
Company has reserved an equal number
of lots to the number offered with one
share of stock, so that all who contemplate
building may be enabled to select their
lots at once. Several subscriptions for
lots and stock have since been received at
the Company's office, and 1t is confidently
expected that in the course Of thirty days
the one Thousand lots, with one share OF
stock for $3.50, for lot and share of
stock, will be subscribed for. The Com.
pany proposes to apply sales to improve.
&c., and in every way aid the rapid build
ing of modern and progressive city.
It is true that some people are slow to
realize what the future has in store for all
who may invest in this, the first enter
prise Of that character in our portion OF
the State, but the very near future will
prove the magnitude OF the enterprise, the
possibilities Of location where all the
features combined for the building of q
large and prosperous city are so highly
favorable, and where the combined efforts
for the accomplishment of the highest re-
suits possible will play such prominent
part in the building of the town. Turn In
what direction we may, and we ind i'm
provements and developments, new life,
new efforts, new conditions and new en-
terprises springing up all over the South.
Localities heretofore unknown and with
out prominence, are springing into ex-
istence as if by magic, and very often the
most pretentious are attracting very little
or no attention at first when in their in
cipiency, but when Developments begin to
take place, and property in ready de-
mand at much higher figures than the
original offering, it is then only, when
these would-be investors begin to under
stand the real movements are willing to
take hold freely at advanced figures. 10
illustrate: In some of the new towns in
the South, when first started, some eight
months ago, business lots that were
Ouereu at S0UO per lou QlO uot SOIL as leau
lily then as they do now at $1,50O and
$1,000 per lot, and why is the taking at
such advanced figures more freely? Sim.
ply because the evidences of development
and the earnestness of the promoters in
carrying out all their plans became appa.
rent, in consequence of which investors
would rush to select choice properties.
That property will advance rapidly at
Calhoun Falls, there is no doubt, because
the natural advantages are not to be e9-
celled anywhere In the entire South, the
Railroad facilities exceptional, the agri::
cultural lands the finest in the South, and
lastly the combined effort to utilize all
these advantages cannot fail in the build
ing of more prosperous and much larger
commercial and industrial center than the
most sanguine can even contemplate to-
day.
The Company is now ready to receive
subscriptions on the first plan offered, and
to sell to parties who contemplate build
ing and grow up with the town. Mr.. O.
Geisberg, the Manager, aud Col. J. D..
Maxwell, the Secretary and Treasurer,
will be found at the Company's Office
ready to give all information desired re-.
garding the enterprise.