The herald and advertiser. (Newnan, Ga.) 1887-1909, November 02, 1888, Image 5

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: HERALD AND ADVERTISER. SUPPLEMENT. PUBLIC SALE OF NICE RESIDENCE LOTS IN THE CITY OF NEWNAN, BY THE WNAN LAND COMPANY, TO TAKE PLACE ON TUESDAY, NOVEMBER 13th, 1888, ■t; On Tuesday, November 13th, 1888, at 10 o’clock a. m., the NEWNAN LAND COMPANY will offer for sale, on the ^remises, 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 minytes’ walk of the Savannah, Griffin and North 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 t 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- ul suburb with the city, and it is easily reached from every lirection. It is approached by four different thoroughfares, ill leading directly from the city, two of which begin at the Mineral Spring, one of Newnan’s most popiilar resorts and :xtend through the entire tract. A number ed within a few yards of the Spring, in one of the best neigh- >orhoods of the city. . . , , , , , Thirty-three acres of the land is original woods, but has leen cleared of all superfluous timber and undergrowth leav- ng an unbroken vista of shade on both sides of all streets unning through this portion of the property. One of the (lain avenues diverges from LaGrange street at a point jus eyond Judge Buchanan’s, and anothei immediately opposite he residence of W. S. Askew. Still another street crosses he Savannah, Griffin and North Alabama Railroad, at the atemection of Depot street^ directly pposite the depot, which will be utilized within the coming ear as a manufacturing site. The complenon ef the Chat- inooga, Rome and Columbus road to C^Uton-which rnsses the Georgia Pacific road at a point only 12 miles be- mwmm rises in the near future, and the tact is wcu i g d ic only available sites in or near the city that c jn be *ec:ur >r this purpose are contiguous to the owne d forth Alabama Railroad, and adjacent to the property owne v the Newnan Land Company. r ., * ft ' 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 month* 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 Savannah, 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 ™ lcs ; to Chattanooga, 164 miles* to Griffin, 36 miles; to Atlanta, 39 miles. The pro- iected extension of the Columbus and Rome Railroad from Greenville to Newnan will reduce the distance from Newnan to Columbus from 96 to 74 niiles. Even now this is the most important railroad point between Atlanta and Montgomeiy. 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 The taxable value of all prop- 25 cents on the $100 for city, erty in the city is $1,600,000. The people are enterprising, intelligent and sociable; the locality as healthy as can he found in the South. Every line of business is represented, and there is not a more prosperous community in the State. Between 14,000 and 16,000 bales 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 capitalized, 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 dnty 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 1,200 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 ^thorough and effective. The school population aggregates about 50a 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 mill, tin shop, manufacturing jeweler. In addition to th * foregoing enterprises, the Newnan Cotton Mills (now in process of erec tion) will be completed and in successful operation by March 1, 1889, and will furnish employment to one hundred hands. 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 R. W. FREEMAN, Sec’y and Treas., Newnan, Georgia.