Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1896-04-30
DIvIDEhDSARE DERIVED

First-From the sale of lots, the en-
tire proceeds, less the small running
expenses of the Land Office, going t
stockholders.
Second-Building of houses.
1hird-Transportat revenues.
Fourth--Hotel and amusement priv
ilegeS, etc, etc.
The difference between the cost OF
the land, the cost Of buildings, etc.
and the price at which the same are
sold, after expenses are paid goes to
the payment of Dividends The LAND
owned by the Company cost the stock
holders ! cent per square foot. and il
now sells for an average of IL CENTS
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 $40 per acre, has recently beer
sold for s217, 900 PER ACRE.
It's advantages over Bar Harbor are
many. From no point in the most
thickly settled part of Bar Harbor can
view of the Atlantic Ocean be OBJ
tanned. Bar Harbor has no safe
anchorage for yachts, and the water is
too cold for bathing. Petit Manan. on
the other hand is directly ON THE
OCEAN, while it's bays and coves
afford safe harbor for craft, and it has
u 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 large
as Central Park. New York, stocked
with several hundred deer, Norway
grouse. hares, and cartridges. is an
other feature of Petit Manan, enjoyed
by no other seaside property and in
sures its popularity in autumn as well
as in summer. AS a summer resort
Petit Manan for the first time will
OPEN IN JUNE of this year. Over
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 MananS first season Will
open with upward of sixty buildings
constructed, including hotel and club
house. The Company constructs houses
at a slight advance over cost and will
soCii iotS WITH houses al IIbll HIVVV up
ward to any price desired, and will
send on application sketches of cot
tages ranging in price from $500 to
$S5,O0O, 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
SAFE, GOOD-PAYING INVEST
MENT, its value will be greatly
enhanced during the approaching sum
nler' and each succeeding season, as
TINS ideal resort develops and expands
enormous profits have been realized
through the purchase of real estate at
almost every seaside resort, but at nc
pace nave they been greater than
along the Maine Coast, notably at BAR
HARBOR- PETIT MANAN is gettina
Inc overflow from Names great resort
STOCK bought now will carry the June
DiVidend. but application should he
maze at once. Maps. prospectus
sketches of cottages. and fun informa !.
tion can be obtained either in person =,
py letter at S. CHURCH ST. RET.
FAST. MAINE. or 40l John
HANCOCK BUILDING, Boston. Mass
apr9Seod2w&w4w N''''s