The herald and advertiser. (Newnan, Ga.) 1887-1909, October 26, 1888, Image 6

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IN THE CITY OF N E W NAN, BY THE COMPANY TO TAKE PLACE TUESDAY, NOVEMBER 13th, 1888. =•- - • ' ' ..gasU222S: >:‘ uy ; i.et. ■ uid t I , my .ion, on- Tl • ■ J. L- B. t: i. On Tuesday, November 13th, 1888, at 10 o’clock a. m., the NEWNAN LAND COMPANY will offer for sale, on the premises, at public outcry, FIFTY CHOICE RESIDENCE LOTS in the City of Newnan. The property comprises fifty acres, lying in the southwestern portion of the city, the remo test lot being not farther than one-half mile from the Court House, and the entire plat being within three minutes’ walk of the Savannah, Griffin and .Noftfir Alabama depot, whose line of railway parallels the entire "northern frontage. This property has never been on the market before, and by reason of the fact that former owners have been unwilling to parcel it out to individual purchasers has not, until lately, been ac cessible. Three broad avenues, recently laid out and improv ed by the Newnan Land Company, now connect this-delight ful suburb with the city, and it is easily reached from every direction. It is approached by four different thoroughfares; all leading directly from the city, two of which begin at the Mineral Spring, one of Newnan’s most popular resorts, and extend through the entire tract. A number of lots are situa ted within a few yards of the Spring, in one of the best neigh borhoods of the city. Thirty-three acres of the land is original woods, but has been cleared of all superfluous timber arid undergrowth, leav ing an unbroken vista of shade on both sides of all streets running through this portion of the property. One of the main avenues diverges from LaGrange street at a point just beyond Judge Buchanan’s, and another immediately opposite the residence of W. S. Askew. Still another street crosses the Savannah, Griffin and North Alabama Railroad, at the intersection of Depot street. The Land Company has reserved five acres, directly opposite the depot, which will be utilized within the coming year as a manufacturing site. The completion of the Chat tanooga, Rome and Columbus road to Carrollton—which crosses the Georgia Pacific road at a point only 12 miles be yond—brings Newnan nearer to the coal and iron fields of Alabama than Atlanta. These facilities, which have not been enjoyed heretofore to so great advantage, will undoubt edly result in the establishment of new manufacturing enter prises in the near future, and the fact is well recognized that the only available sites in or near the city.that can be secured for this purpose are contiguous to the Savannah, Griffin and North Alabama Railroad, and adjacent to the property owned by the Newnan Land Company. The situation is high and dry, and has a natural drainage far more effective than any artificial system. The water can not be excelled. The lots have been carefully surveyed, and laid off with a view to suburban comfort and convenience. There is not an undesirable location in the entire plat. This is no speculative enterprise, gotten up for the pur pose of booming the town or the Company’s property. The object of the Company is to assist in providing Homes for the large number of newcomers who. have sought, and are seeking, locations in the community. Indeed, the scarcity and high value of more centrally located property has rendered this movement necessary, and it is mainly in the interest of the town that the plan has been inaugurated. With this purpose in view, therefore, very liberal terms will be offered to those desiring homes in our midst—locations as eligible as can be had in the city, and at less than half the price charged for res idence lots nearer the centre of business. As a further evidence of the honesty of the policy adopted by the Company, none of this property will be offered at pri vate sale. The lots will be sold only at public outcry, and no speculative bidding will be encouraged. It is designed that all shall have a fair and equal showing. TERMS OF SALE will be as follows: One-third cash, one-third in twelve months, and one-third in two years, with interest on deferred payments at 8 per cent, per annum from date of purchase. The titles are perfect. NEWNAN Is the county-seat of Coweta county, Ga., and contains a pop ulation of 3,500, exclusive of the suburbs. The town is situ ated at the junction of two leading lines of railway—the At lanta and West Point and the Savanna'll, Griffin and North Alabama—one being the main highway to New Orleans from the East and North, the other being the new line recently opened from Chattanooga to the southern seaboard. The distance to New Orleans is 457 miles; to Chattanooga, 164 miles; to Griffin, 36 miles; to Atlanta, 39 miles. The pro jected extension uf the Columbus-and Rome Railroad from Greenville to Newnan will reduce the distance from Newnan to Columbus from 96 to 74 miles. Even now this is the most important railroad point between Atlanta and Montgomery. The rate of taxation, both city and county, has . averaged less than 30 cents on the $100 (each) for several years past, the present rate being 25 cents on the $100 for county, and 25 cents on the $100 for city. The taxable value of all prop erty in the city is $1,600,000. The people are enterprising, intelligent and sociable**the locality as healthy as can be found in the South. Eve^yYine of business is represented, and there is not a more prosperous community in the State. Between 14,000 and 16,000 bafes of cotton are received annually, and three large brick warehouses are required to store and handle it. Liberal cotton buyers, representing both foreign and domestic markets, are located here each season. Two National Banks, amply capitated, furnish all the capital needed in the business community^ A handsome Opera House, three stories high, with a seating ca pacity of seven hundred, does duty as a town hall and theatre. Most of the leading theatrical troupes visit us during the^fall and winter season. A Public Library, comprising over "i^ 200 volumes, is one of the popular institutions of the town. A mineral spring, whose curative properties have been thorough ly tested and found beneficial in hundreds of instances, is lo cated within a stone’s throw of the Public Square. Four de nominations are represented in the community—Methodist, Baptist, Presbyterian, and Episcopalian—and seven churches furnish ample accommodations for church-going people. - The educational facilities are first-class, including the modern gra ded system of Public Schools, and the Walker High School. Both institutions are efficiently managed and the system of instruction is thorough and effective. The school population aggregates about 500. The various manufacturing enterprises that contribute to the life and permanent prosperity of the town may be classed as follows: Wood works, foundry and machine shops, fur niture factory, carriage factory, wagon factory, cigar factory, guano factory, tannery and harness factory, two whiskey dis tilleries, monumental marble works, cotton seed oil /uy 1 |in shop, manufacturing jeweler. In addition to the foreYrJtg enterprises, the Newnan Cotton Mills (now in process ortSsb- tion) will be completed and in successful operation by Maxell 1, 1889, and will furnish employment to one hundred Between two hundred and fifty and three hundred skilled me chanics of all classes find constant and remunerative employ ment here now. For further information apply to ^ T ; R. W. FREEMAN, JSec’y and Treas., Newnan, Geqrgia.