It is known to some that an effort has been recently made to purchase this desirable property for the use of the public, with a fair prospect of its accomplishment. The estate consists of four hundred acres, the one-half of which is in a high state of cultivation, with orchards, vine-yards, and ornamental shrubbery, suitably arranged, while that remaining portion is still a native forest with its rolling lands, gurgling springs, laulated rocks and water-falls, interspersed with clusters of ever-greens, all contributing to designate this locality as one of unsurpassed beauty and loveliness, for both the admirers of nature, and for those seeking a retreat from the hum of business, or from the dust and heat of the city in summer. The entire grounds are surrounded with a flourishing hedge of Osage orange, portions of which have matured sufficiently to form a secure enclosure, severed only in one place by a turnpike leading through the improved lands to the picturesque scenery of the overhanging rocks and deep gorges at the falls of the Little Miami river at Clifton. The western boundary is skirted by the iron track of the railway and a rapidly growing rural village, recently receiving a new impetus from the erection of the costly and elegant buildings of Antioch College.
It is proposed to buy the property by dividing the purchase consideration into 100 shares of one thousand dollars each. Already quite a number of the wealthy and influential in the city have become subscribers to the stock; but as many are not apprised of the opportunity that is now offered, this public notice is given that those who feel interested in the matter may hold it under advisment, as the proposition to sell the place n this form will be withdrawn in a few days, and the beautiful domain of the Springs be converted, perhaps, into a use altogether foreign from the present intention.
As to the value of the property, it may not be amiss to state a few facts not generally known abroad, but for the truth of which the undersigned holds himself responsible. The general growth and prosperity of the country, and the enhanced value of real estate under the influence of railroads ,within the last ten years, is a matter of public notoriety; and certain localities have been immensely benefited, among which this may claim a prominence second to none. But, without entering into details I proceed to affirm that thirty acres of the four hundred acre tract, on the line of the Little Miami railroad, can be disposed of for as many thousand dollars as there are acres, and that portions of this quantity can now find purchasers at from two to five thousand dollars per acre. Again, there are on the premises inexhaustible quarries of building stone that can now be marketed at fifty cents per perch in the bed, and bluff rock of unsurpassed quality , for mining purposes; either of which resources, if sought to be converted into money , would alone pay for the entire estate. Already the city is supplied, from this place, with the latter article, in the amount from fifteen to twenty thousand dollars annually. I will add that the above thirty acres and the mineral wealth do not include the Yellow Spring or any improvements whatever; so, that if the Company should so determine, they can reduce the first cost, or reimburse themselves in the original purchase-money and still retain over 800 acres with all its varied adornments by nature and its superadded embellishment by art. Feeling myself a local as well as a general in the proper appropriation and development of the above named property, and firmly assured, from unmistakable data, of its great desirableness and intrinsic value, I have, unsolicited, made the present communication, and shall devote a short period to enlist contributors to the stock, and if there is (as I perceive) a due appreciation of the object in view, the work will be speedily accomplished, and the pleasant grounds again thrown open to their former patrons, and the old and familar manes of Pompey's Pillar, Lovers' Lane, the Blue Hole or Cerulean Lake, will become household words of significant meaning to countless numbers who shall resort hither in all time to come, either for pleasure, health, or recreation.
Those wishing to confer upon the subject will find me for a few days at the Burnet House. and further references may be had by applying to Messers. Strader, Stetson, Greenwood, Goodmans, Springer, Coleman, N.W. Thomas, P. Wilson, Buchanan, South---e, Carneal and many other stockholders.
William Mills, Yellow Springs, March 9th, 1853
citation....The Cincinnati Daily Enquirer Mar. 10, 1853 Proquest HIstorical Newspapers: The Cincinnati Enquirere (1841-1922) pg. 2