Democratic Northwest. [volume] (Napoleon, Ohio) 1869-1894, 1892-10-27
MADE A SMALL FORTUNE.
HOW TWO SCHOOL TEACHERS
DID 1T.
Two Hundred Dollars Grown to
Twelve Thousand Within Year.

There are two sisters teaching in the
Marion public schools who have reason
to thank the rapid developments of
one of Chicago's manufacturing SUBJ
urbs for small fortune which has
grown from very tiny seed painted
less than a year ago. To representa-
tive of the Chronicle these young
ladies' told the story of their remark
able Investment as follows:
"At the close of our school work q
year ago, we found that we had saved
about $18a each for which we had no
immediate use. We were spending
our vacation in Chicago and stepped
into the Chamber of Commerce build
ing to see Jay Dwiggins & Co. whom
we had long known. They were just
then founding the new town of Griffith
whose fuel-oil-pipe-lines and four great
aiIroadsdncluding complete belt line
encircling Chicago gave great promise
of making this factory center"
We were inclined to make an invest
ment in the new town and consented
to Join them in the purchase of q five
acre block which they wished to subdi-
vide withss0me other tracts and put inn
mediately on the market. Our $500 was
sufficient to make their cash payment
for one-third interest in this five acres
and we expected to meet the deferred
paymentsrfr0m our wages the following
year.
After making this investment we
went farther on our vacation trip and
what was our surprise few weeks later
to receive word that the five acres had
been bought, subdivided and complete
ly sold oVt.> Three parties had taken
the entire block at profit of almost
So, 200, oae-third Of which we learned
was at our disposial."
So far we had not even seen Griffith
but this remarkable quick turn of af-
fairs gave us q great interest in the
new town and we went Immediately to
look it over We found nine miles
southeast of, Chicago limited remark
able railroad junction and but little
more than that. There were perhaps
a dozen houses scattered about In the
oak groves and occupied by railroad
employees. There were no stores, no
streets, no sidewalks, no nothing-ex-
cept a bright future. The surveyors
were lust putting down the lot stakes.
We found our block in the very center
of the town plat with frontage on what
promised to be the best business street.
The lots had been sold out at the ridi-
cously low average Of $130 each.
Il awe remarked that we would rather
II buy than SELL at these figures. This
j quick sale even at a low price had given
4 US the capital with which tobuy. We
immediately selected block IL in the
original town of Griffith and bought
1t with the profit we just made. We
left Griffith saying, "Well, we shall see
what year will bring forth in this
promising place."
awe have Just returned fromGriffitf
after years absence. We found
foxr factories completed and many
more negotiating to come. Houses
are going up on every hand and streets
which had not been cutOut when we
were there year ago, are now linet
with prosperous stores. Our block i
sold at present prices would realize
about $4,000, but we would not take
S25, 5,0Ge, for it. If it were similarly 10
Gated In Marion, it would bring 500,
O00."
1--WE have seen Marion grow up from
o country town into tiourishine
young city by the location of factorie:
and Marion has but three railroads and
has not the great city of Chicago to tie
to-"
ave confidently expect within the
next five years to see Griffith a great
fourishing city and that will be time
enough to realize on our beautiful
block of lots. Since we have bought
our relatives have made further pur'
chases and have made money too. We
certainly believe that Griffith lots
bought at present prices and on very
easy terms at which they can be had
will prove aquick paying investment
Marion (Ind.) Daily Chronicle.
Our stock of children's underwear is com
plete and the prices pleasing.
..aG D.. d j. WILSON.