2012.040

Purchase

Purchase

Museum Purchase.

1860 - 1870

Date(s) Created: 1860, 1870 Date(s): 1860-1870

Poor

Notes: Archives 2012.040.0007 ==== Text of newsclipping mounted at lower center: NOTICE TO PROPERTY OWNERS (Coster Estate) along the old line ditch. The Hoboken Land and Improvement Company are now prepared to sell the Gore pieces along the line of the old line ditch from Newark to Sixth street, on the following conditions and at the following prices, viz.: Front on Willow street between Second and Third streets : Where less than 25 feet deep at $1.50 per superficial § square foot area ; Where more than 25 feet and less than 50 feet deep at $1.25 per superficial square foot area ; Where more than 50 feet deep as $1.00 per superficial square foot area ; Rears of lots fronting on Clinton street between Third and Fourth streets : Where less than 10 feet deep at 40c. per superficial square foot area; Where more than 10 feet and less than 25 feet deep at 60c. per superficial foot area; Where more than 25 feet and less than 50 feet deep at 75c. per superficial square foot area; Where more than 50 feet deep at $1 per superficial square foot area. Front on west side of Clinton street from Fifth to Sixth streets: Where less than 25 feet at $1.25 per superficial square foot area; Where more than 20 feet and less than 50 feet deep at $1 per superficial square foot area; Where more than 50 feet deep at 75c. per superficial square foot area ; Corner lots in all cases 50 per cent. more. N. B.—In all cases the adjoining property owners j must arrange with each other to purchase these gore pieces commencing from the point or narrow end of the gore and taking all the lots from that end of the block as far as any sales are made. TERMS Where the purchase amounts to less than $100 — Cash. Where the purchase amounts to less than $200, one-half cash, balance in two years. Where the purchase amounts to more than $200 and less than $400, third cash and balance in two years. Where the purchase amounts to over $400, 25 per cent. cash and balance in four years. All sums unpaid to bear 7 per cent. interest, payable semi-annually. This to remain open until the 1st of May next, after which date the company will not be bound thereby. fe25-10d [ink] 1870 [printed] W. W. SHIPPEN, President ==== ==== Status: OK Status By: dw Status Date: 2012-09-19