The Oregon daily journal. (Portland, Or.) 1902-1972, April 26, 1908, Image 50

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The Oregon daily journal., April 26, 1908, Page 50, Image 50

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Newspaper Page TextTHE ..mnAV: 10UKNAL. PORTLAND. SUNDAY MORNING, APRIL 0 . U. :v'. Vn I ew OIL y'J'. iJ'.LC- mi WWiM WORDS What Happened in ; New York WILL BE. RL PLATED AT THL JUNCTION ; - OF THE. RIVLRS " iN NLAR HJTURL M : .7 VA. i Walnut Park Only 33S Arrontroot,With k Cement SIdcwilKJ and Curb. -x . . ., - - .... BrooMyn Novx Called PorUand'i "Busi , ness Center ,. 1908 T WALNUT PAIS tl A CRITERION Ik ; .-, T r - Is the Center of the Peninsula AND WILL DL THL N ;r nrTH avlnul : DISTRICT OF THL PACIFIC: jyiLTROPOLIS Jf v 4 if U The rapid stndes pi mc: mJ HrM past five years towards- he; v.. Peninsula is only the b&;.&;-: giriiiii:'ot;tlie;mMt nesse onmeraiiCcudSu . mJmNlJllJ' RAPi&GROfTH J Theyea ; a new era; in Portland s history, arid the Peninsula will be the scene of as tounding activities. 6 Watch, Greater Portland Grow; Between the ' Rivers 'v - V.K A.tnV In 17IS WU th moat fw-elnf man of hl Uai old rood rBUJ prop'r n w Tort City for $. to purcbM 10 lot l the uburb at tho Bowary. Bla f rtenda lauched at him for tvlnf up hla In com for nonproductive lota. All IM - tiTC.ii hiiTlnr. , niaetnr all hi. Mrnlnra In what then Bin worthlMB oaUtdo property. In .few yeara ne became wealthy. Moral: Aa-tor-a belra hold to4ay the worWi re- iFIVB DAYSORn JO SECURE UOTS AT PRESENT UOVV PR.CES A f AR-SECING MAN AY . i.vi. m.1 ' 9kM aane thlaa win repeated ta puroaaee ef toaA eetweem the itrera. Thle more than beautiful tableland, hevln irradual slope toward both rlvera, abeye all poeefbl flooda, thereby making- It the wort perfect aatturei 1U fof otty tok the world. : Reader, this In formation la publlahed at bo email ex penae, to stir you tnto thought and then action. Kever again aay yod had no' chance or opportunity of becoming wealthy." Now la the Uma to follow Aator-a lead, for ae eerum a of gravitation certain will Portland be the New Xork of the Paclftc be bulged like New Tork of the Atlantic bewem tbe rtren. Upon thle battle ground will be aucceeafully fought the building of the metropolis f Uil Pa dfle. The portrait over New Tork City that ef John Jacob Aetor. the other ta all modeetyr that otW. M. KlIHaga worth. viewing the future Portland. Portland mutt and i com polled to ue I room eieewoereuj, ' ; " ;nnn HnHfA OD NONf rent. aoul-lnaplting eoenery--rWerB, . . la Ulnr. dotted ' Trill maifniow" . with beautiful home. 0.000 feet of ce ment etdewalka and corba nA)l treeta are narked; also, It-foot aileya. thebVwing to a'll lnelde lota the con- venlenoe of comer. , Building reatrlcttoVl of ?ur'-. 'l? lenguage "an tell ypu of the bMttji of waLai Park. It ha no equal, hence noVSval. In th City of PorUend To p7ore this bold augment take any 1 Mr enina- north. It will land you in Wl pVrTt iVSThtn of gTouad . befeea th . T..? notice carefully Wla Park'a lc'" on the map. nn no yourwi lly or prospective wife or hueband a klndneee by at once aecurlhg a home laatlng y aavance pruna Bememfeer thle fact. oyportanlty i Sow wtaWaaf a yoa. for .never before in your 1 1 1 a wmu - $21 a front foot th beat and th moat mlnutVrld. tV to J2 ter. th easier aaok day ftwlaf;,ftl mfi?& fft I. that tb .niWtk.P?.1- ttt n ?a7lf earth! Theyar I he real Uadara ta developli.il the United State. They hav purchaeed-.0O acre of land and have atirted In with their cuatpmary Amertcan puah and vigors to build th uJge-t pacing plant la th world. No on' that know them QueaUona their aucc. .. ''''' Watch Portland Become the Pacific Metrop- olis : GLNLRAL OHICL : Walnut Park , . Main 4557 suburban orncL 325 Chamber pi Commerce ' " - -- ef- " 'agMB-fM ' MRBtaTA PIONEERS IN DEVELOPING - ; PROPERTY ON PENINSULA t. in Vrannia L IfcKenna and gLH. Van Houten purchaaed from th, Elec tric Land company 115 acre of land, which they platted , and named Porta mouth. The difficulty which confronted the peninaula at that time waa th lack of water facllltiea' No water could be .obtained jnearer than the, level of th river. 180 feet below th surface. The "principal ' stockholder, of th Electrlo Land company were alao th larger 'stockboldera In the Alblna Light & .'Water company. vr McKenna and ' Van Jlouten. In purchasing the Portsmouth Iract. purcnased the right to have all those who bought lots from them fur bished with water by the i-loctrlo Land company at a fixed Prichu I,aci"f the responslblUty on tbe Electrio Land company directly and on JJeht & Water company Indirectly. ...Mm.ni with the Electrlo lAnd company th water mains were laid to t'orisinouiiti ""ffcu .f -r .inner h Una MUb- lini H5llIVWUOie ----- r' - J .m y what aTMiiM fit lAVinff 'the matna for the privilege of tapping h2.iniu,!?'--j-i.l. -nil iinternriae Of :.J"1"" "i""V,"r ,7t.n ii due the credit for the lower peninsula having city water privileges and later Mount Hood water, long before .other parts 'theprlnVof 1890 McKenna placed an advertisement In the dally paper of fering a bonus to any organisation that -would establish a university on the peninsula. ; Through that advertisement lie met Professor Brownson, then presi dent of the . Baptist college located at McMinnvUle, and .through' Professor . Brownson brought Dr. Harper, president of the Chicago university, and Mr. Htone, private secretary to John D. Kockefeller. to inspect hla proposition on the peninsula. Dr. Harper, on be half of the Chicago university, and Mr. tone" on behalf of John D. Rockefeller, .accepted Mr. McKenna's proposition on "ponditlonr that the trustees of tbe Mc Minnvhle college would move that insti tution to th site offered by Mr. Mc Knna and raise in Oregon $100,000 to ward the endowment fund of tl, 000,000 .f which Mr. Rockefeller was to furnish the remainder. . The Baptists of Oregon failed to do 1 he part assigned to them. On the fail ure of the Baptist people, Hon. P. L. Willis asked for an option on the prop osition in behalf of the Methodist Epls conal church. The result of this option whs the establishment , of the Portland university, the history of which Is fa miliar to the people of Portland. Mr. raised for th Portland university was th larreat Bubscribd without condi tion of reversion. Tb grand boulevard ayBtem and Co lumbia Park on th peninsula ar due to Mr. McKenna' untiring effort, building on th peninsula was rected In li at th corner of Portsmouth avenue and Dawson street by Francis I. McKsnna. Th first sawmill construct ed on th peninaula waa erected near th university waterfront by Gorf W. Con on Bite donated by P. l Willi and Francis I. McKenna. Th big mills of the Peninsula Lumber com- nunv wtnwr mviidt t hla site. TM .foruana xov mm A Mount Hood Railroad company was- Incorpo rated In 18. The purpose of th cor poration WaB XO DUllO DOll East Portland from Sellwood along th east side waterfront, around the penin sula and back to Sellwood by way of Mount iaDor; aiso umm Mount Hood. Francis I. McKenna, who was promoter of the plan, waa elected president of the corporation. ' Wis pian nas peon uvu,3u w. . " ,,. O. W. P. company, the O. R. N. com pany and the Mount Hood Railroad company and will be In full operation when said companies get their projected lines completed, thua confirming th K H. Harrlman was skeptical when the proposed building of the railroad to Bt. jonns was piacea oeiorw nun nu refused to enter the field until Mr. Mc- -w. . A .,HMHv.A a hnnit In th ailvn of BO,000 guaranteeing to the Harrl man company a free right of way to St Johns. Mr McKVnna is a shining light of a judicious advertiser. He claims to have Spent more money overuinn ruruinu and Portland real estate than any five other Individuals who ever entered the Portland field. The Journal can cheer fully add that Mr. McKenna's finan cial success proves that it pays to advertise. Story of a War Trophy. From th Clinton Democrat. Bose Garth of Clinton probably made the first corn shelter used In Missouri. Fifty years ago, in 1858, he devised one from water-oak plank and tenpenny nails. ... 1.. He used It on his rarm untu ikbi, when Price's men came through there, saw it was a good thing, and took- It down to Jackson's mill, where it waa used to shell the corn which was f round into meal for Confederate aol-lera. The old corn sheller was lost trak of for a number of years by its maker, but afterward he was Informed that It was being preserved at Washington among other curious trophies captured from the south. -., a ",',4 J ,y , ' -: y 'A iV.;:.f':-.;r- :a: 0OU RELALEE r wiorc c : M 0313 I the importance of Maegly Junc tion oii- the Peninsula?. Shrewd . men Mo n6t Judge property from its present appearance. They re member that BR O A DWAY, NEW; YORK, was a wilderness : and that our own WASHING TON and MORRISON streets were a brush thicket ,40 years ago, : so dense that a. jackrabbit' found it difficult to, penetrate. " - - WHO MAKES f THE MOST' MONEY? 'the man who buys unimproved; land or he who plays the waiting game? RICHES, are forced on him who buys wild land! in the PROPER LOCALITY; MAEGLY JUNCTION "IS THE RIGHT SPOT NOW IS THE RIGHT TIME. The ' new Union Depot will 'be right , at the junction adjoining COL-' LEGE PLACE, which will be " the center of Peninsula activities. JUST CONSIDER, with old Twtisnd tn the southeast Van- i, couver 6 the northeast,, the larg- - i-i'--t,: vniintt in tne wona . csi yv.n.uiK r""" . and immense factories to mTddll colleges, elegant residences; etc., to the right an d .left, .and in tn;mi" of a'l MAEGLY JUNCTION, or New Portland, like the JVk ?ead'y to be hatched out by the sun of prosperity, DON T. DELAY, longer or yott will regret it. ; t -l: - J- LOTS 5p3)0 UP Monthly or finarterly. ; TOi St. John's Ctr. get off tt S f't in Vn Honshtoh Avcnne, thcace North to Maegiy Jane lol SATMY YOURSELr If UST nd then cope ani 8C9 THE AGENT ON THS'CROUND or , . 4 SVETLATJD BUILDING FI7TH Q WASHINGTON COBB BRiJS, 150 each for 0 lota In Peninsular -'.Addition, adjoining Swift' new v . townslte; 10 per cant oaab and : - )5 par month. , .,.. SOO each for 10 lots In First Klaetrlo , : Addition; city water in front of . every lot; $20 cash and It per ; ' month. , , 1 4325 ch 'or oxl00 foot Iota In rieia Aaaiuan; in uv cut Grant etreeu; $S0 cash and 110 , . - per month. ...... 1000 to 11250 for '10x100 foot Iota son and Bras street. Th . beat residence property on th . '. ' cast aid of th rlvr. . i 1500100x100 ori th cornr of tlat street Improvement paid for. 285Ofl00100 on ' hf?M fcliwtor : - addition. - , Btt2KAr 100x100 on th oornor of 19ta a''v.- uinnmah atrMti: atraata ' fully Improved and paid) for.. , 3TKO--100100 on th corner of lth roenta paid. 650d New, modern, up-to-daU 7 hous on Broadway, near. Uth Btreet Large, elegant , rooms, furnace, fireplace. c- , ment walk and floor, and fln Ished throughout flrat-olaa In . . . every respect. , , SS500 for 75x100 foot lot with modern """d-room hou and good, barn on .the corner of Vd, "L BroM ' v way. John Irrlngg .Flrat d- , dltlon. j , . O5O0 o 00x100 foot lot with nwdem WO""-room houa on Lovejoy Btreet. : :"vjn th beat realdenc dlatrltt j. on weat Bia. .- , . m-t K KAA for 10x100 foot lot with four -. and up-to-dat. on Johnaon , street, Tn, th best tealdenc dlstrlot Incom . from rent ' ' I1S0 per month, . , Holmes &r.lenelee Headquarters " ( ' V " FOR ,. St.:Johri Real Estate ' "All kinds of property; 7 ' Dwelling houses. ; River frontage $50 a front foot Full blocks on carline close to river for $5,000 toc$9,000., Vacant lots in best part of city. - Houses of all kinds and sizes at reasonable prices.. Property can be had on good terms. - ,,-, " A fine farm, 100 acres, on Es tacada carline ; close to Portland. Thisvis. a snap at $65 an acre. King & gilmore Jersey Street, SV Johns.', ; Lumber Mills, St. Jobns.