Rensselaer Union, Volume 9, Number 25, Rensselaer, Jasper County, 8 March 1877 — Leopold's Addition. [ARTICLE]

Leopold's Addition.

Adjoining the original plat of the town of Rensselaer on the east, is a tract of some seventy acres of as fine land as Jasper county aftbrds. This bodv is owned by Mr. A. Leopold, one of tlie most enterprising, far seeing and prosperous citizens of the town, who has just completed the survey and platting of the tract into blocks, lots, streets and alleys. Most of the vacant lota in the original plat of, and older additions to, Rensselaer have been held by the owners at prices beyond the reach of mechanics and men who support their families by small jobs and day’s labor. It is to afford this class of people an opportunity to procure homes of their own, and at the same time to realize a profit for himself, that Mr. Leopold has placed his pioperty on the market in its present shape. It will be seen by referring to the advertising columns of this paper that Mr. Th'”»a s Boroughs is agent for the sale of 246 of these lots. We are informed by both Mr. Boroughs and Mr. Leopold that the prices, which n f course are graded upon a basis of location, have been made with a full consideration of the present condition of finances and business, and are barely enough to give a reasonable margin over the actual cost of the tract and pay expenses of surveying, platting and incidentals, while the terms are so liberal as to pljtce a home within the reach of any industrious man or woman. While it is preferred to sell these lots to. those who will build upon and improve them, a portion at least will be disposed of in bulk to persons desiring to make an investment of surplus money where a reasonable profit may be confidently anticipated. Leopold’s Addition covers many choice sites for dwellings, and at no distant day, will, no doubt, be considered the handsomest portion pf Rensselaer. fl-17-3m.