The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1890-07-20
I,nttIug In aIacninery.

a number of worl,inen We're en-
gagged Yesterday inplacing machinery
at the bolt and spike works OF the
Midway Iron Company. The machin-
cry is of very large and heavy pat
tern, and is difficult to handle.
The Baltimore and Ohio Land Com
pany, OF Saicm,
Offer 1900 building lots for $50
each. Weekly payments of $3.50.
! The Baltimore and Ohio Land Com
pany, of Salem, Va, owning 227 acres
of land within half a mile of Salem,
| Va, admirably located for building
lots, have determined to offer 1900
lots for sale at $50 each, including
corner lots, in the following manner:
Lot clubs Of 100 me.nbers each will
be formed. Each member thereof
payir $3.50 per week or Sc per
mo Until $3.50 is paid. Each mem
Der, draw for a. lot at the regular
weeh,y drawing, and one lot will be
drawn every week until 100 lots are
drawn. The two members drawing
the last two lots will get two lots each
instead of one.
The one drawing a lot can at any
time pay up OH his lot and get deed
to it, rs the company own their land
in fee simple; or he can pay one-third
cash, balance in one and two years,
and the company will allow such pur
chaser 10 per cent. discount given on
his purchase.
A purchaser building, within six
months, n house costing not less than
$500. OH his lot, will lave a reduction
of % per cent. on his purchase, max
ing his lot cost $112.J0.
Several clubs will be organized in
this city, so that a member can join
one or more clubs, and draw in each
club weekly by the payment of one
dollar and Cs1.50) fifty cents in each
club. No interest is charged Oh these
payments whatever.
che land has been surveyed, laid
out in streets and the lots numbered.
The laid lies partially in the rear Of
the Roanoke College and half a mile
from the center Of the town. Water
mains run through the land, side
walks are also contemplated, and
pleasant homes, close to business.
could be erected at small cost, either
as a home for the owner or to rent
out, as houses are in great demand in
Salem.
AS safe investment this is beyond
precedent, and enables one of small
means TO secure property constantly
on the increase in value.
Remember. one 10. is drawn by
some one each week. Then you can
pay up on your LOT after YOU have
drawn, by paying cne-third cash.
balance in one and two years, or as a
whole, at any time you may elect
within 10 months from. the time you
Joined the club, and secure the re-
auctions named above. ~
Every member must LAY his weekly
dues before he will be allowed to par
ticipate in any drawing, If absent,
some one will draw for him, provided
his dues are paid.
Do not be misled by any misrepre-
sensations made abou- this land, but
90 to Salem and see it for yourself:
call on Mr.. Ell. G.. Brown, president of
the company, who viii show you over
the property.
The size of these lots are mostly 50x
$50. some few are j0x1:G. The lots are
well situated, and our plan Of dispos-
| ing of them renders /. easy for the
| men Of small means to secure home,
or make a paying investment, by the
expenditure of $3.50 Per week. Salem
is a healthy, busy place. growing rap
I idly and presents more advantages fol-
( investment than any new town in the
State.
Every working man, be his means
\ large or small, can &C into this enter
prise and secure lot that will COLI
tinue to increase in value.
All who wish to secure lots in tie
Baltimore & Ohio Land Company
should call on Messrs. Oscar ID. Derr
s. Co, the authorized SCENTS for Roam
oke City, who vii. fully explain the
manner of conducting the sale, and
can be found at their Office from q.
m. to 10 p. IN.
There is no investment on which
one can realize so handsomely and at
so small cost as to become a nem-
Der of the Baltimore & Ohio Lot
Clubs. unless it is to I've stakeholder
in the Baltimore 81 Ohio Land Com
pany. We cheerfuiiy recommend
! these lots to the public.
/ Respectfully,
OSCAR D. DERR & Co.,
No. 10 First avenue, S. W., Roanoke,
Va.
H. T. MEETzE,
With H. G. Brown, box 269, Salem
! Va.
AGENTS BALTIMORE s. OHIO AND
NORTH SALEM LOT CLUBS.
L. l.. CARTER,
With Dupey s. Taliaierro, Roanoke,
Va.
MANHOOD. STONE & Co..
Lynchourg. Va.
J. B. PARKINSON 81 Co..
Richmond, Va.
w. f. SUMMERS & Co.,
Washington, d. G.
| FoARD, DOWNING, HARDAwAY
Roanoke, Va.
G.. ". KERNAHAN,
Roanoke, Va.
SMITH s. PARNELL,
. Norfolk, Va.
:. J. B. PHARIs & Co.,
Martlnsville, Va.
PRICE & MITCHELL.
Bristol. Tenn.
REUBEN FINNELL,
yyr;tl Neal " Paws Poonn1xe Va