Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-05-02
DIVIDENDS ARE DERIVED

First-From the sale of lots, the en-
tire proceeds, less the small running
expenses of the Land Office, going 20
stockholders.
Second-Building of houses.
Third--Transporta revenues.
Fourth-Hotel and amusement pri1
ileges. etc, etc.
The difference between the cost of
the land, the cost of buildings, ete.,
and the price at which the same are
sold, after expenses are paid. goes 10
the payment Of Dividends. The land
owned by the Company cost the stoc-i-
holders / cent per square foot, ANA It
now sells for an average of II GENTS
PER SQUARE FOOT.
AS a seaside resort Petit Manan is
designed to be an Improvement on Bar
Harbor, Where land which was sold IN
1872 for so per acre, has recently be- u
sold for SPIT 900 PER ACRE.
It's advantages over Bar HaTbor are
many. From no point in the most
thckly settled part of Bar Earbor en-
a view of the Atlantic Ocean be CO.
tanned Bar Harbor has TO So e
anchorage for yachts and the water is
too cold for bathing. Petit Manan, on
the other hand. is directly ON II n
OCEAN while its bays ana coVes
afford safe harbor for craft, and it has
a bathing pool ten acres in extent, OF
naturally warmed sea water; The Only
one on the Atlantic Coast.
A deer park in area nearly as larse
as Central Park, New York, stocked
with several hundred deer, Norway
grouse. hares, and partridges. is an
other feature of Petit Manan, enjoyed
by no other seaside property and IL
sures its popularity in autumn as WI
as in summer. AS summer resort
Petit Manan for the first time vii
OPEN IN JUNE of this year. Ovet
sixteen miles of roads are completed
affording unexcelled drives over a
country with an elevation Of nearly
two hundred feet above the sea level, a
continuous view of the ocean, groves OF
spruce, pine. birch, maple and noun
tain ash; bays, coves and stretches Of
verdure and rock formations, which in
magnitude and uniqueness of shape
are unexcelled anywhere on the Maine
Coast. Petit Manan's first season vii
open with upward of sixty buildings
constructed, including hotel and CLUB
house. The Company constructs house IS
at slight advance over cost and will
sell lots with houses at from $1,000 up
ward to any price desired, and viii
send on application sketches of cot
tages ranging in price from $500 tc
5000. putting up the lower priced
houses ready for occupancy in from
sixty to ninety days.
The stock of the PETIT MANAN
LAND & INDUSTRIAL COMPANY is
a SAFE, GOOD-PAYING INVEST
MENT, it's value will be greatly
enhanced during the approaching sum-
mer and each succeeding season. as
this ideal resort develops and expands
Enormous profits have been realized
through the purchase of real estate at
almost every seaside resort. but at Nc
place have they been greater than
along the Maine Coast, notably at BA Il
HARBOR PETIT MANAN is getting
the overflow from Names great resort
Stock bought now will carry the june
Dividend, but application should be
made at once. Maps. prospectus
sketches of cottages, and full informa-
ton can be obtained either in person Oh
by letter at SIS CHURCH ST, BEL
FAST. MAINE, or 4ol JOHN
HANCOCK BUILDING, Boston. Mass
oproSan6ow2,N4w