How to download and display a text file using HTML5/Javascript?

Is there anyway to download a text file and display its contents using HTML5/JavaScript? I'd prefer to save it to a memory location, but saving it to a temporary file would be a second option.

-- Updated --

As per the statement below. Here's what I've got so far using AngularJS acquiring a file from an Atmos ObjectStore. It's not clear to me how to present the file contents.

var app = angular.module('MyTutorialApp',[]);

app.controller("MainController", function($scope, $http) {

    console.log("starting download");
    $scope.downloadedFile = null;

    var config = {headers:  {
        'Accept': '*/*'
    }};

    $http.get('https://some_path/theFile.txt?uid=myUUID&expires=1396648771&signature=mySignature', config)
        .success(function(data) {
            $scope.downloadedFile = data;
            console.info(data);
            console.log("finished download");
        });
});

You can do that with HTML5 + Javascript! I've made this example:

HTML code:

<input id="myFile" type="file" value="Select a text file" />
<br />
<h3>Results:</h3>
<div id="myContents"></div>

Javascript code:

$("#myFile").on("change", function(e) {
    var reader = new FileReader();
    reader.onload = function(e) {
        $("#myContents").html(this.result.replace(/\n/g, "<br />"));
    };
    reader.readAsText(e.target.files[0]);
});

EDIT:

You've edited your question, and now I see you want to take the TXT file from your server. Well, I don't use Angular.JS, but in jQuery, it would be something like:

HTML:

<div id="myServerContents"></div>

Javascript/jQuery:

$.ajax({
    url: "myFile.txt",
    data: {},
    async: false,
    success: function (response) {
        $("#myServerContents").html(response.replace(/\n/g, "<br />"));
    },
    dataType: "text/plain"
});