10 TnE SODAT OREGOZVIAX, PORTLAND,' OCTOBER 15. 1911. v TODAY IS THE DAY PL A CIS Located directly in the center of such hih class additions as Irvington, Alameda Park, Iicaumont and Laurelhurst, is 40 ac res of land formerly known as the "IJuckman Tract," Imt now platted as "Hollyrood." The location of the property itself is an,ab solute guarantee of its future high position among Portland residence districts. Great care has been observed in platting "Holly rood," 'the smallest lot being 50x100 feet and some lots 50x150 feet. "Hollyrood" is close to the center of the business district and is in the center of the best residence district of Portland. Hun dreds of fine homes have been completed for two miles bc3'ond "Hollyrood" and building activity is seen on ever hand. The next few months will record even greater activity than in the past. "Hollyrood" Is not a suburb it is a part of the residence district of the city. . 75o ut au nomei ruur in. js. Portland during 1910 were Hilton the ease. s. Jjt BeauAiont v Park. .Irvmaton- ffiT V Lots$2000 - jjdfV Irvfrifcton car line Jy W i - ASp Lcelnursitsypvvi52T " I fC ST J-A i-'N-VP i , I AWr' Loti-$1800 . VJ-T Lst. car! line I t 2 Z. I orjr 1 . . f LI 4 H0LLYK0OD 55 : f y st.car l I J.M.TIPTON C? 1 t 7 " "7 7 " " Three carlines, the Broadway car on the west, the Rose City Park car on the south and the new Beaumont car on the east, serve "Hollyrood," ; and the proposed extension of the Broadway ear to the intersection of Beaumont and Siskiyou streets has been planned and this will serve the addition one and one-half blocks from the north boundary. . " Now for a Comparison of Prices Lots in Irv ington, on the west of "Hollyrood," are from $2000 to $4000 per lot; in Alameda Park, on the north, from $1500 to $3500 per lot; Beaumont, . on the east, from $1000 to $3000 per lot, and in Laurelhurst, on the south, from $1500 to $3500 - per lot. Now the comparison. A full-size lot in "Hollyrood," $850 to $1000 each. No higher. Think of it. A lot in this tract, bounded by 33d street on the west, Siski you street on the north, 37th street on the east and Brazee street on the south, for $850. And full-size lots, 50x100 feet and 50x150 feet each. Study the location map above and see for your self the comparison of prices. You know the value of a dollar. "A dollar saved is a dollar earned." Why pay $1500 to $3000 for a lot adjoining "Hollyrood," when you can buy a "Hollyrood" lot for $850 to $1000? STUDY THE MAP To sec "HOLLYROOD" is to appreciate it. Do not procrastinate. Terms, 10 per cent cash, 2 per' cent per month, 6 per cent on deferred payments, 5 per cent discount for cash or building. Building restric tions. Phone Marshall 2745, and have us call for you in our automobile, or take a Rose City Park car and get off at Tli irty-se vent h street, where our automobiles will meet vou and take you to "Hollyrood." See the improvements going in, grading, cement side walks, water, sewer, gas, etc Office on the addition, at Thirty-sixth and Knott streets. ACT NOW. DON'T DELAY. J. H. TIPTON CO., Inc., Owners 1108;10 Spalding Bun?a and Wasbinon streets DEAL IS PUSHED Improvements in Beaumont to Be Done November 1. OVER $500,000 EXPENDED Vrw Rewldrnre IMstrVt Attract IlomcbullaVra Snrnl Dwell ings An Started Irv tnctoa Makes SleNady Growth. The contract for the paving of street! In UngnonL amounting to $310. 00, will fr Untitled by November 1. The rontract (or tola work waa lrt laat April. The Improveroente In this tract In rludad tha moving of mora than ljCOOO ruble yards of material aoma of tha ruta bain 40 feet deep, la sidewalks and curbs mora than eight miles were laid. Tha atreete ara moetly parked In thla addition. Sewer war laid la all tha streete at a coat of nearly 1100. . Tha arwrra ransa In alia from 10 to I lD-ha, and all tha lota hava lat er ala- Water malna rartue from I to 1! tnrhea Bltullthlc pavement were laid on all tha e tree la. Prorlsion waa mid In flatting- tha tract for a four-foot atrip In tha rear of each lot and In thla atrip all telephone, electric light and other potea will be placed, ao that tha trvcta wltl not be dlartgured with polaa. 51nra April about ISO men hava been employed In Beaumont Addition In mak!nc tha lmprovementa. It la f x (ected that thla aubdtvlaton will ba. roma one of the ni beautiful real denra addltlotta on tha Eaat 8lda. It la planned to plant irraaa aeed la all tha unorcupl'd lota and atreet rrk Inics. Two ehade tree, and a d"e cbolca roaa buahea ara to ba placed In tna parklnr of each lot- That portion of tha addition on the lower levela baa been aold off and aoma buyera hava started on tha erection of new homes. Oradlna- haa been etarted on tha branch railway to the canter or Beaumont Addition, which will run from tha Hoaa City Tark Railway on Sandy boulevard on Kut Forty-third treat. A alnaie track will ba laid to tha upper portion of Beaumont ao that very lot will ba within a few block of a atreetcar Una. Plan hava bean drawn for a lire- tory. alarht-rnorn realdenca for E. J. Mautx, with full cement baaement. to ba elected In Irvfnitton on Eaat Twen-ty-aecond atreet. between Knott and Bruee etreats. Tha coat will ba be t ween lso and 17000. Tha new real denca will be 11x4 fret with a nine foot porch. Thla porch will hava a concrete floor, one end of which will tend over tha top of th garace, IttlO feat In alia, and which will n-te- d to and ba on a level with tha atreet. Rxcavatlon haa been atarted on the foundation of thla bulldlnar. A beautiful hlUatda realdenca la to ba bollt on tha Alameda driveway In Ala meda Park for A. Flower, who recently came from tha Eaat. It will ba 62x47 teat In all. and contain alx rooma. It will coat IJSOO. A two-atory. nine-room resldenc wl'.l ba built at tha corner of Eaat Six teenth awl Hrvljata atreeta. In tha south Eaat Side, for J. Manaaaa. It will ba !xll feet. It will coat about 14000. It will ba tha flrat realdenca to be built In thla nelshborhood. Irvlnirron Home Sold. Th attractive new resldonc of J. Byd McNalr on Eaat Twentieth atreet. between Thompaon and Braxea atreet, la Irvlnrton. waa anld laat week to W. M. Umbdenatock. of the Umbdeaatock at Lareon Company, for HS00. The dwejllna; contain nln rooma The aale waa negotiated by John P. Wea- ton. of the Cmbdenatock Laraon Com- pany. W. T. Gardner Boys Acreage. Trowbrtda-a A Stnphena aold to "W T. Gardner laat week three Improved flvet-acre tracts In Clackamaa County, the consideration being- 17500. Mr. Gardner 1 (uperintendent of the Boys' and Girls' Aid Society. Thla firm also sold a modem alKht-room houoa on Eaat Flandera streets to A. Tate, of 1-ea Molnea, Ia for 14300. SINGLE TAX TOPIC A. L Veazie Warns Realty Men Against U'Ren Measure. ADVOCATES' MOTIVES SEEN Vltinrat Aim Would Bo to Ocmf la rate Into Pnblto Treafrary Entire Site Value of Land Opposi tion 1 Very Strong-. In discussing the TTRen alngrle tax measure before the Portland Realty Roard last Monday. Attorney A. L. Veaxle declared that the slngie tax ad vocates had openly avowed that It was th.lr clan to aire to Oregon the Henry Oeora-e, Jr, system, call In r for conns- ration Into the publlo treasury me entire gTound rent or alte value of land. In the course of hi address It waa ad mitted by some of tha slnarle tax ad herents nreaent. when-he put the laaue squarely before them, that the ultimate aim would be to eliminate private ownerahls altogether, ao that all land could revert back to the Government. "Thla movement proviaes ror tne adoption of the fundamental principles of the Henry George theory, but the slngle-tsxers don't like to have this faot mentioned In connection with their present proposal," aald Mr. Veasle. "By confiscating the entire ground rent into the publlo treasury, there would be left to the. owner of unimproved Drooerty nothing but the nominal title. all the benefit going to the publlo. The method of accomplishing thla end. as advocated by Mr. George. Is precisely the plan now being pushed In Oregon. It means the consolidation of all taxes on the land value, when, as Mr. George says, the next step, whtoh is to raise taxation so aa to take the whole rent for common purposes, will be easy and a mere matter of course-' In other .PROGRESS MADE ON ADDITION TO EAST SIDE SCHOOL. word, the legislation the people are now asked to enact Is admittedly the opening wedge, to use the. words of Mr. U'Ren. for accomplishing the total confiscation of land vaiuea Into tha public treasury, and that without a cent of compensation to tha present owners, "Yet It Is argued that, stopping short of complete confiscation, we can gain great benefits by shifting all present taxes to the ground value. They say I that by doubling the taxes on land we j will fotce all owners of vacant lots ' either to sell or build. They could not I sell, because there would ba no more reason for anybody to buy than for them to hold. Everybody cannot build at once, nor can any large proportion of owners, for several reasons. Build ing must keep pace with demand. Over building would be disastrous to own ers and the public, with Its aftermath of empty building and Idle building trades. "If the ground value were reduoed or swept away by the increase of taxa tion, the owner could not secure a loan on the land to put up a house or building, as he now can do. One of the present main Inducements for capi tal to buy land and put up building would be wiped out entirely that Is the anticipated profit from the rise In ground- value. The builder would be compelled to get his money back and hla entire profit out of the building alone. Thl would mean much higher rent. "It is said that the exemption of im provements from taxation would be a great lnduoement, but It 1 a puny consideration beside the other element that enter Into the proposition. It certainly cannot be an advantage to anyone, because It Is offered on equal terms to all competitors. "Taxation ought to prevail In ac cordance with one's ability to pay. The slngle-taxer want to put the heaviest burden on the one least able to pay. He says that the man who owns a pleoe of raw logged-off land ought to pay a much taxes on It while he Is struggling In his poverty to con vert it into a larm as bis rich neigh bor pay who has bought a fine bear ing orchard, all stocked and eouinned. yielding lta thousands a year, with a mansion xor a dwelling." Others declared that the adoption of aingie tax -wouia bring about an In dustrial crisis In Oregon. Among those who objected to the proposal were C K. Henry and William KUllngsworth. C. 8. Jackson spoke In favor of 'the measure. NEW EDIFICE READY Trinity Presbyterian Church Dedication Is Today.' STRUCTURE MOST MODERN .1 I It ----"ill! 1 VCi v. . -rr.-,:X I - t 2-- "- -:.' --v -t- vZ-- ' L - ':- '-- . - . '. ' - t II l Il.mG 1.4 LtH'ATKD Ol BELMONT. 3IE1H EAST FIFTY-SETEXTU STREET. A. WELCH BCTS FIXE HOME Modern Residence Beings $20,000. Other Dwellings Rise. A. Welch has purchased the new res idence and grounds of W. A. Carpen ter, an architect and builder, on the quarter block at East Twenty-fourth and East Lincoln streets, for 120,000. Thls ls the finest home erected In this district this year. It Is a two-story colonial residence with full basement and contains 13 rooms, reception hall ' and Bleeping porch. On the first floor Is the living room. 1Ex2S feet in size, finished In old Ivory enamel and mahogany and ornamented with a massive tile Ore place of artistic design. The recep tion-room is 8x23 feet and is finished in mahogany. Mr. Carpenter erected this residence for hts own use and car ried out his own ideas in Its construc tion. Mr. .Welch will take possession of his new home st once. The new residence of Judge C. U. Gantenbein. which Is being built In this same neighborhood, is nesting completion. It will contain ten room will rank with the finest home in the South East Side. The cost will be about $15,000. A dozen high-class homes are under construction near East Harrison street snd between East Twentieth and Eaat Thirtieth streets, which will average 15000 In cost. This Is a comparatively new residence district. BulMirrfr of Simple but Attractive Construction Has Seating- Ca , parity of BOO Pastor Has) Study In Tower. The new Trinity Presbyterian Church, at the southwest corner of Nebraska and Virginia streets, will be dedicated at 2:80 o'clock this after noon. The dedicatory sermorl will be preached by Rev. Thomas H. Walker, D. IX. assisted by Rev. Henry Mar cotte. Donald McKlntie and others. Special music will be rendered. The pastor. Rev. W. J. Spire, came to Portland about 10 months ago from Chicago, 111- where he was religious director for the T. M. C A. Soon after his arrival In Portland, Rev. Spire began to work for a new church and In a short time had enough money avail able to erect a modern house of wor ship. The building is simple but attractive. It has a seating capacity of about 600 people. There is a full concrete base ment where provision has been made for conducting departmental work of the church. One of the features of the church is Its convenient arrangement. The pastor's study Is In the tower. ACREAGE TRACTS IX DEMAND Newcomers to State Acauire Hold ings for Permanent Homes. William Grath, of Newport News, Vs., was among the new arrivals In Oregon last week who purchased prop erty. Intending to make his permanent home in this state. Mr. Grath bought a tract of seven and three-fourths acres near Crowley station for $160 an acre. The land Is cleared and In cul tivation. The sale was closed by A. B. Hall & Co. J. Ll. Robinson, formerly of Kansas City, has bought a six-acre tract south of Oregon City, the consideration being $5000. The tract is improved with good buildings. Mr. Robinson will oc cupy the place' as his permanent home. Combination Building Started. The excavation for' the two-story combination building to be built at the northwest corner of Fourth and Mont gomery streets for Mrs. Mary L. B. Pennisten has been completed by R. I Ringer. The building will be 42 by 92 feet In size and will be of frame construction. The lower floor will be occupied by a store and the upper story will be used as apartments. The build ing will cost $12,000. 'VALUES MAKE BIG GAIN PROPERTT OX EAST SIDE IN CREASES 10O PER CENT. Suburban Home Purchased. Samuel Stuckney, who arrived In Portland recently fr6m Oklahoma City, Okla., has purchased a three-acre tract from Jacob Reichard for $4400. The tract is located one mile east of Mil waukle and is well improved. The sale was negotiated by H. C. Behnke. East Burnslde Street Becomes Im portant Avenue to Rapidly Growing Districts. The transactions In connection with the sale of the Burkhard building, on East Burnslde street, demonstrate the rapid and substantial advance made in East Side property, especially on East Burnslde street. Joseph Burkhard. who erected the building about 15 years ago, at a cost of $45,000, received for the property the sum of $125,000 ac cording to the contract' he made with S. A. Arata. Mr. Arata sold the building to Mr. Williamson for $175,000. The present value of the property, which Is one half blook and a two-story brlak build ing, on a conservative estimate Is $250, 000. It is estimated that It would cost over $100,000 to replace the pres ent building, which has been repaired and remoodeled at a heavy cost. Since Mr. Burkhard oontracted to sell the property for $125,000 it has Increased in value, on a conservative estimate, 100 per cent. At one time the prop erty was held for sale at $65,000 and later at $110,000. The Increase In values of au other properties on East Burnslde street has been In relative proportion. The opening of the extensive Rose City Park district. Laurelhurst and North Mount Tabor, all tributary to East Burnslde street, has made it a great central avenue. TRINITY PRESBYTERIAN CHURCH TO BE DEDICATED TODAY. wL " : -Mm mm-.- tt- - y tit j I i f -s ' -, . . -r- .. , : . y ::.-:.:.;.;.-:. :: ' yX-, - : V- r'?- - " ff 1 - '