The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-03-30
NEW METHODS IN TOWN BUILDING.
Facts About SeattIess New Suburb-The
CO.Operative Plan.

Columbia is new suburban townsite.
plated and designed expressly to meet a
strong popular demand for good homes in
a desirable residence quarter on terms
within reach of persons of small incomes
class that has long been paving in rent
amounts that would soon pay for home
by the Washington Cooperative Home
Company's plan. 1t is located one miie
south Of the city limits, on the line of the
Rainier avenue electric railway, about
midway between Occidental square and
the lake terminus Of the line. Most of the
lots are on high ridge overlooking Lake
Washington. about half mile distant,
and commanding fine view of the city.
The tract is nearer to the city and more
easily reached than many other additions
that are selling at higher prices without
the improvements that are guaranteed at
Columbia.
The Rainier avenue electric railway
traverses the tract diagonaliy for a dis
lance of nearly mile, and no part of the
townsite Is over three blocks from trans
pOrtation. The railway line is. now in
operation from Eleventh and Washington
streets, and is being rapidly completed TO
its city terminus at Washington and West
streets, which will be reached in few
weeks, when frequent cars and good serv-
ice will be assured. At present passengers
for Columbia can take the Yesler avenue
or James street cable car TO Eleventh
street and there transfer TO Rainier avenue
line. Arrangements will be made for
single scent fare from Occidental square
for both lines until the electric line is
completed. Persons wishing to visit
Columbia TOWNSHIP will be furnished free
passes over both car lines by applying to
Boman L. Rochester, Occidental block.
THE COOPERATIVE PLAN.
The washington Cooperative Home
Company's plan of selling its lots and
building homes as outlined in its prospec-
tus is certainly novel. and the company i'm
vites the closest investigation by business
men and fInanciers, feeling sure that such
Investigators will find ! the proposition
broad, generous and honest, and based on
sound business principles, and that its
promises are of such character that they
can better afford to keep them 10 the letter
than 10 fail TO do in Q single instance.
In its prospectus the company SAYS: We
submit our plan confident that il Will win
approval, because we intend TO merit it;
because we propose TO give substantial
bencIlt for every dollar we receive We
want q thrifty class of citizens for Column
bia. We can win them by making Column
bia attractive 10 them, and by giving them
more than they can get elsewhere for tho
money, and on such easy terms that it
will be easier to buy good homes in Col
umbia than TO pay rent elsewhere.
To be as exlicit as is possible in limited
space We offer lots and homes in Columbia
III the following manner:
One thousand lots 30xl10 feet will be
sold at q uniform price of $500 each pay
able $40 cash and 81 a week for 30 weeks
without interest.
Every third lot (500 in alb will be re-
served for the houses the company will
build. These lots will be numbered from
one to 500, and the houses will be built in
the order in which the lots arc numbered.
Each purchaser of house may select any
one of the 500 lots not already sold, there
by determining for himself when his
! house shall be built as well as its location.
| There will be absolutely no lottery feature.
| no drawing or other element of chance.
Each buyer will get only what he desires
and at the time that viii best suit him.
| On $500 lot the company Will build q
house TO cost 500, giving the buyer his
choice OF designs, or will build to suit pur-
! chaser. \ house OF greater cost may be
had if the buyer will pay the difference in
| cash; or two lots and q house costing
! 81, 400 may be taken by doubling the cash
| and weekly payments. Ten dollars cash
will be required on each $i,o0o house and
| lot and 80 weekly payments thereafter as
/ follows: One dollar per week until the
| house is completed and ready for occu-
| pancy, and 50 per week thereafter. The
! period OF $40 weeks is based upon low
| rate of interest. and equitabiy adjusted TO
/ average the cost on strictly cooperative
| prineiplec. costing the man who gets the
! nrst house the most, and the man who
waits the longest the least. To illustrate
we will show the actual cost TO each OF
several buyers who may desire 10 have
| their houses at different periods:
| Frs: Aonss, dslirered faamodia:dy-
Cash ...... .--.-,..-.......---..-S 10 %
/ sic payments. 1,55o ~