The Sunday Oregonian., July 12, 1908, SECTION THREE, Page 11, Image 35

THE SUNDAY OHEGOXIAX. PORTLAND. JULY 12, 19Q3.
11
U II II II
I
i n ii
STUDY THIS DIAGRAM VERY CAREFULLY buy your Homesite
There are many points of interest in it that are not often called, to your atten- . WHERE THE AR ROW. POINTS
tion. The dot and dash line bounds the great restricted district or .roruana, an
of which is on the East Side. Within this line, not a home can he built to cost
less than $1500. This means a splendidly built up section from Grand avenue
Tf irr.l,l00 TTVTVR PARK". Thfl
solid black line indicates the present car line toiatB3tiaiBaoEacBaOatEaBRBaDi:BaoBliBaOBao:HB
HYJJxj AKil, requiring 3U minutes, xne dasn q
line -which the railway company is .under
X PARK 10 minutes, making the trip U
X
UNION DEPmtfSA
li-iiil.il 3 1
it ii ii ir ILL1
liU8 S'-TgTREET Cf ))))
lPlWli .
Bate.
W -SCM :
line shows the route of the new -Sandy Road
line which the railway company is .under
contract to build this Summer. This will
reduce the running time to HYDE
"PA"RTC 10 rmrmfps. makincr thfi trit
i X in 20 minutes. HYDE PARK is
being highly improved, is the H
highest point on the peninsula U
sa and nome sites xnere mav ue v
X purchased at . very low
A -prices NOW, and upon
1 i . i i ft
exceptionally
easy terms. It would
be a srjlendid
idea for vou to
learn about our
special pre-opening
proposi-
t i n Tl
'All trM 1 "
n 'i v
have
is to
mail the cou
p o n to
The great Restricted Residence
portion of Portland
See It Today
0 .
. $&k rmz. rs
r cs ssr
y . x
THERfS ONLY 0
J mm 1 1 inn it 1 1 ii iiiii lllllill" vj
TAKE HYDE
CAR AT5ANE
YAHHJLLSfS
THE JAC0BS-STINE CQ 148 5 STREET
1 1 i mf 1 1
No 3
,ELLE InUrest S
CREST Taxes Q
.AWeek
" 3 f .a
- JMs-..
t3 ci,r- . Q
L 5 s .s :
I 1 .SS : '
I z S 29 :
I - -s ai- I
I t- t
I - r, bH T.
m
30 MINUTES
TO HYDE PARK
'. ki c K
Oy,, r.&
1 S "i
PLAN FOR CIVIC LECTURE
JOHX M'VICAR TO EXPLAIX HIS
METHOD.
Realty Board Invites Reformer to
Describe Workings of City Gov-
eminent by Committee.
Jnhn SIcVicar, - secretary of the
American League of Municipalities, an
organization that has been in existence
for several years and which holds ses
sions every year for the purpose of
eonrparing notes on the government of
American cities and suggest reforms,
may soon lecture in Portland. He is
iiead of the public works department
or his home city, Des Moines, Iowa, a
city that has been conducting its af
fairs under a reform plan for some
time.
Mr. McVicar is father of the new
foim of local government, which,
nmong other features, provides that a
board of about half a dozen business
men in cities adopting the system shall
be appointed without regard to their
political affiliations and shall have en
tire charge of municipal Improvements
and maintenance of streets, etc.
The author of this form of govern
ment is now in California filling en
gagements to lecture on invitation
from several towns. Henry W. Fries,
president, and James O. Rountree, sec
retary of the Portland Realty Board,
are in correspondence with Mr. Mc
Vicar with a view of having him come
to this city and deliver . his lecture on
the sublet? of municipal government
and improvements. In case he can
arrange a date to come here, it is pro
posed to have a public meeting under
the auspices of the board and other
organizations interested in having
changes made in Portland's charter,
particularly those sections relating to
making new streets and keeping them
in good condition.
It was at the suggestion of the
Realty Board that R. H. Thomson, City
Kngineer of Seattle, delivered a lecture
on good streets a few weeks ago. the
good effects of which were recognized
at once in realty circles. It is now
proposed to keep up .the interest in
these matters by hearing what Mr: Mc
Vicar has to suggest. His pkan has
been adopted by the cities of Ga.lveston
and San Antonio, Texas; Des Moines,
Iowa, and several other places in the
country.
The Realty Board is to enlist the
co-operation of the municipal affairs
committee of the Chamber of Commerce
and the various push clubs of the city
to secure the date for the lecture,
which is reported to be received with
much interest in cities of the East. If
a favorable reply is received by the
board due notice of the date of the
lecture and place of its delivery will
be given to the public.
INCOME CARRIES PAYMESTS
How Portland Values Started TTp-
ward Few Years Ago.
In 1902. Charles E. Fields and John
P. Sharkey were associated in some
realty deals. They had during that
year $5000 for which they had no im
mediate use, and looked about for a
suitable investment. Finally a. plan
was hit upon to advertise for a piece
of improved realty on which a payment
of s.'rtoo should be made, the balance
to be carried at a certain rate of in
terest. Their idea was to find-a piece
where the income from the buildings
would take care of the interest on the
back payments, insurance and repairs,
the realty men figuring that advance
in valuation of the property would
bring them a good return on the deal.
A corner of Park and Yamhill was
selected from a number of offers made
and the deal closed up. The valuation
was placed at about $11,000. and the
rentals more than covered, the desired
amount. After holding the property a
few months it was sold for $17,000, and
in about three years thereafter Mr.
Fields made an offer of between $20,000
and $25,000 for it. which was refused,
the owner, who is a non-resident of
the city, replying that he considered
it an investment that could not be
duplicated elsewhere. Said the East
ern Oregon owner of the property: "It
is my belief that Portland real estate
will depreciate only when two things
happen the Columbia and Willamette
run dry.
HEIGHTS TO HAVE BOULEVARD
Xew Streets Being Made to Connect
W ith Vista.
Favorable progress is being made in
the plan for improving Vista boulevard
on Portland Heights. Property owners
in that district of the city are Joining
in the movement with enthusiasm, and
even those who will receive but re
flected benefit in increased value of
their holdings are. making no protest
against the proposed scenic roadway.
For some time D. E. Keasey has had
gangs of graders at work on the terri
tory to the south and east of the old
Heights district, opening up new
streets running around to and beyond
the Seventh-street terraces, these to
form a continuation df the proposed
boulevard. Much work in that direc
tion already has been done, 'with the
result that buyers of beautiful home
sites are becoming more and more in
terested in tliat part of the district.
Mr. Keasey shows concurrence with
the opinions expressed by expert land
scape engineers regarding, the selectiori
of road lines, for the lads from Six
teenth around to the old castle are be
ing threaded with streets following
the contour of the hills, besides provid
ing the lowest per cent grade possible.
He Is also carrying out a uniform plan
of street improvement, and- when a
dwelling is in the way of a projected
street and the owner declines to move
the house. Mr. Keasey buys the nlace
and tears down the' obstruction. His
firm has probably demolished more old
houses on the Heights than all . the
other interests put together.
. The work done by Russell & Blyth
on Willamette Heights is also note
worthy. For months the firm had crews
at work blasting out roadways leading
to localities that were practically in
accessible to teams before the streets
were graded, whereas now a large dis
trict is provided with good drives and
much -desirable property brought into
the market.
Acre
On the Salem Electric Line, Only 30 Minutes' Ride from the Heart of the City.
!Are the hest possible investment within the reach of people of all classes. They
will provide delightful home sites for the man of means or revenue-producing
ground for the man of energy, as the ground is unexcelled for raising vege
tables, fruit, berries or walnuts. The price -we ask is .
HALF THE ACTUAL VALUE
As you will agree with us after examination. Beautiful scenery, shady nooks,
magnificent timber, bubbling springs, sparkling brooks are only a few of the
many attractions offered in this Eden of the Willamette Tallej. Take the cars
at Front and Jefferson streets, get off at Metzger Station) and enjoy a few hours
amidst delightful surroundings. ,
PRICE $200 and UPWARD
PRICE ?200 and up per acre, according to location.
TERMS 10 per cent cash and 3 per cent of the pur
chase price per month.
INTEREST 6 per cent per annum on deferred pay
ments. ON CASH PAYMENTS a discount will be allowed.
Figure it out it only takes a saving of 20c per day and up to purchase one of
'these acres.
For particulars and beautiful descriptive plat call at our Portland office, 226-228
Front street, or at Metzger Station. All cars stop at Metzgex's.
HERMAN METZGER, OWNE
Office Phones, Main 474 A 1374. .Agents and Phone at Station Pacific 2019.
Jnly Permits Mount Vpvardv
Two building permits of $100,000
eacii. issued during last week, while
not coming as surprises, swelled the
month's totals to nearly the half-million
mark; that is to say, in the 10
business days of the present montll
there were 137 permits issued by In
spector Dobson, carrying estimated
cost of construction of $496,950.
The two permits were for frames of
the Rosen-Matt Hotel at Tenth and
Alder, and same for the Y. M. C. A.
building, at Sixth and Taylor. These
amounts are for but a portion of the
final cost of the two buildings.
Dull Market in California.
"A. Ia Craig, formerly connected with
the Portland Gas Company, who left this
city to make his home in the San Joaquin
Valley, California, about a year ago, 1
visiting relatives here. He is accom
panied by Mrs. Craig and their daugh
ter. Mr. Craig soon after arriving in
California opened a real estate office in
Stockton, forming a partnership with J.
A. Coley. He reports real estate busi
ness in that part of the country, and In
fact In California from one end to the
other, as extremely dull at the present
time. His Arm deals principally in acre
age and their latest enterprise Is the
handling of what is to be the greatest
orange grove in this country. The grove
is to cover 175 acres in a locality in the
valley watered by the never-failing St an
ts 1 hub River, and where orange culture
has proved successful in a small way.
IN ALL THE WORLD NO VIEW LIKE THIS
Every lot has magnificent view
Price $400.00 and up
Terms 10 down, $10 per month
Unexcelled car service
Bull Run water
Streets to be graded and paved
Buy now; prices will surely be
advanced
Our agents at the tract all day
Call at our office, Council Crest
no. r.
Sharkey
Company
Phone A 2537 122V2 Sixth Street Phone Main 550