The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1890-12-11
An Explanation.

An Explanation.
Numerous friends and acquaintance
are constantly accosting me on the streets
for an explanation of the disposal of lots
and stock in the new town of Calhoun
improvement Company.
Thereby take this method of informing
all who contemplate Investing at Calhoun
Falls that the plan, as offered by the Com.
pany, is the most liberal that could be de-
visod, taking into consideration the many
advantages as they present themselves for
the building of large and prosperous
city. In the first place the site secured is
the most beautiful that could be found
anywhere requiring such large body OF
land in order to carry out all the require
ments of a strictly modern town the sur.
vey in keeping with the most systematic
and modern city in the United States; the
proximity to the river where the finest
water power in the South will be utilized
for the purpose of running thousands of
spindles the Railroad facilities excep-
tional, being on one of the most impor-
tant trunk lines penetrating the South,
and the other from the Atlantic Coast
Port RoyaD to the West. Secondly, CAL
houn Falls is near the centre on the line
from Monroe, N. c., to Atlanta, Ca, in
the heart of the finest agricultural belt in
the South, and where, in the near future,
truck farming will be carried on profta-
bly,.
This Company, in order to stimulate the
growth Of the town, will encourage and
foster every enterprise that can be carried
on profitably. In order to prove success,
the money realized out of the sales Of lots
and stock will be applied towards the i'm
provement of the town-such as the
building of modern and commodious
hotel, knitting mills that va employ
several hundred operatives, the grading
of streets and avenues, and lastly take
stock in such other enterprises as may be
deemed necessary and expedient by the
management for the good of all, and in
any other way to aid the rapid building
Of the town.
The first plan as offered by the Com
pany is as follows: The Company places
one thousand lots and one thousand shares
and mon" assessable. The price for one
lot and one share of stock is fixed at S150,
payable ten per cent on day Of purchase,
amount Is paid, when the lots will be as.
signed to each subscriber by disinterested
parties Subscribers will bear in mind
that part of the lots will be business lots,
and every purchaser has an equal chance
to have assigned to him possibly all bu-
siness lots. Those who are 30 fortunate
will get many times the value of their
original investment. The business lots
are 3Oxl45, and the residence lots 50x180,
running back to 20 foot alleys on all lots.
The principal streets and avenues are
one hundred and eighty feet wide, and
every precaution in the engineering for
modern city has been taken.
The second plan is to make direct sales
to parties out of the number of lots re.
served by the Company, and to be Sc
lected by the purchaser wherever desired,
at the following scaled prices Inside bu-
siness lots, 30xl40 $150; corner business
lots 5000 and $500, according to location !;
inside residence lots, 50X180, Sl00 and
$l5O; corner residence lots $3.50 and 5000,
according to location. The Company will
also make liberal concessions to parties
who, under this announcement, purchase
with view of building. The terms are
easy-one.third cash, balance from six to
twelve months from date of purchase, SO
as to enable men of moderate or small
means to secure business or residence
lot on ground floor figures, and grow up
with the town as developments take
place. The enterprise is young, and,
omparatively speaking, a new undertak-
ing in this portion of the State, really not
yet fully understood by the majority of
the people, but stop and reflect for one
moment to what extent several towns in
our State on one line Of Railroad only,
have grown during the past few years to
become very respectable and thriving bu-
siness centers without their knowledge
and against their will, might say, be.
cause under the old regime OF starting
new town, there were always more to be
found to pull down rather than build up
a community but in this instance the
promoters of the enterprise have the full
object in view to build and develop, to
spend the money realized out of sales of
lots and stock, to locate enterprises and
take stock in all enterprises that will tend
towards the building up of Calhoun Falls.
Remember that every purchaser of one
lot and one share Of stock becomes inter-
ested in Calhoun Falls as q property.
holder and stakeholder in all Of the lots
on hand and unsold, in all the improve.
ments, manufacturing enterprises, and in
fact in the entire town, to the extent of
the number of shares he may hold. The
Company is, and will be, liberal in donat-
ing lots for religious and educational pur.
poses, and aid and encourage every move
ments towards the rapid building of
modern and progressive city.
The Company's Office is now open, and
books for subscription have been open for
several days, and although it has not
been generally known that the Company
is ready for business, quite number of
lots have been sold, and several subscrip-
tions entered. This is rare opportunity
for profitable Investment, as the very near
future will prove.
Very respectfully,
O. GEIsBERG,
Manager Western Carolina Land
and Improvement COMPANY.