Newspapers / The High Point Enterprise … / Oct. 24, 1922, edition 1 / Page 7
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THK UICiH POINT ENTERPRISE; TUESDAY, OCTOBER 21; 1922. ITS AN ENDLESS CLIfvlBFCRTlIE IS 5 iu? - : : : ii... i MS If TO -Leaf lover - ., ... - ' r . . of YdMf ' Good Foitifie' ' ' Is Giro wing It n ii iffl e Jrf ospecl If Ts ti n Jath! Fhe Glory of Tke Upward I Two paths begin at the bottom of the h! of life- One of theln winds about the base through years of routine and drudgery. Now and then it rises over a knoll representing a little higher plane of living made possible by hard earned fJrogress; but its route is slow and difficult and burdened with monotony. The other mounts slowly at first, but rapidly afterwards, into positions where there wards are comfort, freedom from care and affluence Let us glance for a moment at what men say who are in the right path, men who late in life found the fortunate path. Warning words to youth, they are but full of hope and happiness to young men who think, bulletins of progress on the upward path. Here is one from the beautiful city. of Charlotte. Mr. F. C. Abbott, of that city, writes: "We bought a ten-acre tract just two miles from the city on the Providence road for $2,800. A few years later we sold it for $10,000, and about two years later the purchaser sold it for $20, 000, and then the last purchaser has sold off about $60,000 in building lots." Continuing Mr. Abbott writes, "Twenty-two years ago we offered for sale a tract of land 21 miles from the center of Charlotte at $40 per acre. This property is the Myers Park of the vreseni day, retail ing at $6,000 to $10,000 per acre. It is practically as true as a law of nature that as population of a city increases real estate values will grow." Here's a hint from North Carolina's largest city, Winston-Salem. Mr. S. A. Ogburn, of that city, related l 5t week: "In the earlier 'iy of Winston I - purchased S0 acres of fend 8 miles from the courthouse, for lr?a than 91,000. During the pnsMwo jear. 1 have had sold from this tract over ?J9,000 worMi of lols and still Iwc two-thuds of my origi nal purchase left." Tflvld Wrtztlf, of HlctrPoftrt, relates that when rllit hunting was gowl imy where north of (lie Sheraton hold he made wooden bnrrel.s by hand for the shipment north or dried fruit. I pen one oeriision he was offered .'0 aires of land JtifiJ nofJi of (he old Picket I tobacco factory for " of these wooden barrels, or about $l."0 in money. Today (Ii K same laud Hiht known its Slierulon Hill, I'ui-kway, Roland Park, Emery wood and North Main street, would hi iiig in Hi,- ucighhoi hood of one million dollars lor I lie actual laud Itself. Mr. E. . Krec,e, of High Point, says: "hi (he summer of 1010 I purchased about ."(l acres of land fronting the (o-eens-Imh-o road two miles out for $J5 per acre. I sold at u profit (he name year but imagine how' I feel when I ;nn told by thoroughly reliable ical estate men (hat ll is now worth anil selling at from $1,HM to $1,500 per acre." I'oiir yeai-s ajto Mr. T. Unnii Iwiight 110 aires of hind four miles from lli;li I'olnt rr $0,H. Last month he Mold this same tract for ..(MMt. Whole volumes could be filled with illustrations of this' sort. Thousands of them arc open records in the register of deeds office at Greensboro. To travel the upward path to what the world terms success a man must do more than work and save. He must invest and re-invest his surplus savings. 4 per cent and salcly will just about pay your funeral expenses. lit is suid that if Adtuii had sawed wood for a dollar a day and Kve had taken in wasbini; and paid all the eiipi'iises, and if Adam and Kve had lived from the beginnta;; of the world until now, they would liv but a little more Hum a mil lion dollars At the present time. Read what men have said who have reached the heights and received the reward which lie at the end of the upward path: John Jacob Astor wild: "liny on the fringe of the city and Wait." Tlieodore llooscvelt said: "Every person who Invests in well selected real estate in the suburbs r a growing city adopts the surest and safest method of becoming independent for real estate is the busis of all wealth." WW You Pluck It at The , : . 'iff. FT !nrk Of the 140 Acre Small Farm Sub-division. William Jennings 111. van wild: "Heal estate Is the best investment for small savings, the rlw in real estate values than from nil other causes cambined." More litonrv is made from Andrew Carnegie said: vestment si nee rtvillsutiloa." Young woman or young man buy some suburban realty and hold on to it; it is (lie surest in- i wait developments, follow ltUHseli Huge said: "Buylnir lots lu outlying districts, paying a small siim each week jour vacation, and tn the wid other ,xple have made money for you." flcorge Westinghouse sahlt fl ; "Five, thousaml Americans are worth n million each, because they invested their sav Inft iyi nw things,", ... . '' It. H.'Hiirrim'art: ' ''Ii Is the keen-urnlned linm who invests at the start of an enterprise or a real estate development who makes. al the money. The stragglers who coine In later are the men who help him make it." Grover Cleveland said: "No , investment on earth is so safe, so certain to enrich Its owner as undeveloped really. There is no such savings bauk anywhere." The slow, steady growth of suburban farm land, increasing every year in value while yielding an income Jrom its soil, has been the foundation of practically every large fortune in America. Young men young women turn these things over in your min d-THEN ACT. aturday October 2:30 P. M. One to Ten Acre Tracts At Your Price. - the incomparable place to live! the promising place to invest. Easy Terms Ford Car Free and Concert am i Ageete Sale Conducted by Penny Bros. World's Original Twin Auctioneers ft tt t ? S .... .-. ' ' I . '
The High Point Enterprise (High Point, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 24, 1922, edition 1
7
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