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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 15, 1911)
2' THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, JANUARY IS, 1911. Hi ARE LEADERS IN III Since New Year More Than $200,000 Has Been Invest- , ed in Lots and Small Busi ness Parcels. v East side business property has shown greater activity during ths past few days than, that in any other section of the city. High class residence prop erty on the other side of the river is also more active than the same class of holdings in any other district Trans fere filed for record since the first of " ths year show that considerably" mora . than 200,000 has been Invested in ex pensive east side residences and, in small business parcels. v i a Hochfleld and associates have sold to F. Abraham the SO foot lot at the southeast corner of East Oak street and Union avenue for I U,00,.. , E.' J. Daly, representing an eastern Oregon investor, has purchased from the . .Kingsley sisters a 60 foot lot. located on the east side of Union avenue, 60 feet south of Bornside street The con sideration Involved was $20,000.' An Improved quarter block at the .southeast corner of Kast Harrison and i East Tenth streets was sold last week tor 18000. The-purchaser is F. Costl and associates and the seller Frank Bruger. " -v '' ' One of the highest priced residences In tne addition known as new Irvlngton was purchased last week by E. J. Pernot ' from Jonas M, Berry. The property is located on East Twenty-first street be tween Knott and Brass and sold for 18300. w i.-". . ' V;.?.i. . ? r,: Thomas D. Long has sold to a local Investor a handsome new residence oc cupying a 60 foot lot at the northwest corner, of East Sixteenth and Waaoo streets' for $lt,60O. .-.cr. A fractional lot improved with a small two story cottage located on East Mad! . son street near V East Twenty-sixth street was last week purchased by E. M. Tooker from, George a Pelgram for $4000. ' ' - Recent arrivals in Portland have caused considerable activity . among brokers dealing in new dwelling houses . erected . in Rose City Park, Bossmere and numerous small additions between Jrvington- and the eastern boundary of the city. Speculative builders operating . In this section of the city report an un- . vsual demand for new homes ranging in value from IJ500 to MSO0. During the past 90 days over 0 of this class' of properties have been taken over by pur chasers buying homes. An immense amount of durable build ings is contemplated for the central business and near-in residence district of East Portland, for the next 12 months. . Plans for eight new brick apartment houses all to be erected west of East Twentieth street are In the hands of local architects. Further east and within two blocks ot the east Morrison street earllne property owners"ar preparing to put up aulto.a number of , small apart ment houses and stove buildings. ? At the northwest corner of East Thir- ' ty-ninth and , Belmont streets, A, B. Knutson is beginning the erection of a three story brick building 10x100 feet which it is estimated will cost between $20,000 and $26,000. The first floor wilt be fitted up with stores and the up per stories will be arranged in three .and four room living suites. Dr. Frank Wood took out a permit last Friday for a two story frame resi dence which he, is preparing to build on Hawthorne avenue between East Thirty sixth and East Thirty-seventh streets at a cost of $6400. n - Henry Hector closed a deal last week for two lots at ths southwest corner of Kast Market and East Tenth streets. , The property is Improved with frame buildings and was purchased from Hen ry Lemline for $7000. : 4 Medford Mem to Los Angeles. ' 2 " CP! DtapetA to The JoerniD Medford, Or,, Jan. 14. Seventy-five Medford business men will take part in the Junket to Los Angeles that will leave here next Thursday. Three Pull man cars have been reserved for the , party who will be gone about $0 days. ms mm KENTON QAre the properties that the Cooperative Realty Com pany is handling in the manufacturing district of KENTON. tj How often have you heard the remark, "Yes, he is a wealthy man he started on a small salary, but he - made his fortune in real estate"? How often have , you told a friend, "A few.yearsago I could have bought that lot for a few hundred dollars; today it is worth Cof Operative Realty Co. Jv r itrX'' pi " ' ji. L ' ' lvi-;-fAl ----- XirJ . .v1 ::c;:.. Keiuouu ut ai. t. wiioox, Chapin & Herlow Report Sales of Nearly $50,000 In Out side Property. 1 Chapin & Herlow report transactions sines January 1, in suburban residence lots, building tracts at Biverweod and acreage involving a total Investment of nearly $50,000. ... "Since the opening of the pew year we notice a marked Improvement in the local realty market" said W. H. Chapin, senior member of the firm. "Inquiry for I ail classes or properly is at least dou ble what it was' in November or De cember. Not only are inquiries for In vestments mora numerous, but buyers are more anxious to close deals than has been the case for several months past" The . following are among the sales ' negotiated by this firm during the first half of Janjiary: Judge Robert O. Morrow of the state circuit oourt purchased a two acre tract aV River wood, the Corbett tract located near Rivera, on the Willamette river. Judge Morrow paid $8000 for the prop erty!, which It Is understood he will Im prove with a handsome residence. A two acre tract at Qlenmorrle was sold to Dr. M. Q. MoCorkle for $4000. Dr. McCorkle acquired the property as a sits tor a sew heme. In 4he same tree a two acre rest dene site was purchased .by Lillian B. Clark and Nellie C. Cos- of Clinton. Iowa, tor $4000. , This property wll be held as an investment "Several tracts of acreage la the Vi cinity of Bstaoada were sold at prices ranging from $126 to $160 an acre. Charles A. Jacques took 40 acres, pay ing $(000 for It, to George Sterling; A. M. Scbults bought - 40 acres from A. Crawford for $6600; A. O. Anderson pur chased a $0 acre traot from S. E. Woos ter for $2500. Pauline Devenpeck bought 15 acres located near Sheridan, in the Highlands ot Yamhill county, paying $2500 tor the 'land. . e - ' 3. H. Duk L. M. Btone and C S. Hlggina, the last named being a resident of Lake Forest, 111., purchased small tracts of acreage at Grovel and Acres, near North Plains on the United Rail ways line, at the rate of $260 an aore. Walnut Club to Meet. ' (Special Dispatch to The JoernU.) . McMlnnville, Or, Jan. 14.-The Tam hlll County Walnut club will hold an In teresting meeting at the city hall at McMlnnville on the evening of January 16. Two experienced walnut growers will address the members and much business will be transacted. -. ? FIND DIAND GOOD ICE YEAR BEGAN AIND loyd's Industrial AddStibii unaer constxnctloa at East Twenty-firat I ik f r HS. 1 j " N r O . f ."At 1 ! 'r';"5 ; I -v:-- V f-;- 2 A ' : 1 fc i - J I Residences' ot w. NKverett TO DEAL IN BONDS J.P. Wilbur, formerly of Union, Or., where he was engaged in the banking and woolen manufacturing business, has removed to Portland and will engage in real estate bonds and securities. He has opened offices at 170 Fifth street under the firm name of the Pacific Coast Trust company. Reoognlslng that Portland offers a better opportunity for eafe'and conserv ative Investments than any other city in the Paoifio northwest Mr. Wilbur has retired from the manufacturing bus iness in eastern Oregon and will here after devote his entire attention to his Portland offloe. Although heavily in terested in eastern Oregon. 'Mr. Wilbur plans to invest considerable money in Portland. He recently . purchased a enth street In Irvlngton, which he will occupy as a home. CALUMET HOTEL DEAL i FINALLY FALLS DOWN Negotiations for the sale of the Ham ilton property, the 60x100 foot lot and three story brick building on the 'west GIVES ui BANKING r thousands"? The same opportunities which existed - then are here now. t q If you will spenfl only a few dollars each month and invest it in a lot in this great district, you will be lay ing a foundation for your own future, ; - Fill in the coupon below and mail it to us tpday and we will mail- you literature descriptive of KENTON NATIONAL ADDITION. and Brazee -streets. ; and Miss Isabella Ball on Laurelhurst avenue In Laurelburst side of Seventh street and 60 feet north ot Morrison, which have been under way for several days, failed of consum mation on account of the figure de manded by the lessees for immediate possession. Mrs. L. H. Hamilton, own er of the lot, confirmed the report that she had been offered $176,000. for the lot, but the offer was conditional upon Immediate possession being given. The tenants held out for $30,000 as the price of their leases, which Mrs. Hamilton refused to pay, ? It is understood that a $0 day option was given on the property last week at IMs.ooo, ana it is tnougnt mat me bolder of the option will take it before the expiration of the time limit Woman Prosecutor Acquits Woman. Seattle, Jan. 14. Mia Ida Anderson, the first woman in King county to face a Jury composed entirely of women and to be prosecuted by a woman, was tri umphantly acquitted before Justice Brown yesterday afternoon when tried ah & ohaTsra of tampering with gas niTMa owned by the Seattle Lighting Anderson was So flimsy that Miss Reah wMtAhmA denutv prosecutor, moved tnr ntmnissal of the defendant lmme rilitftlv after the state's witnesses had testif led. The Jury comprised sis: prom inent suffragists. .The county court room was lammed with women, who dls cussed the case so eagerly that Juetloe nrown threatened twice to ciear we courtroom. NATIONAL ADDITION COUPON Co-Operatlye Realty Co. S20 Railway Exchange. . Oentlemen- Please ' mall me litera ture descriptive ot Kenton-Katlonal ad dition, , - - CUSnSAIID: COBNIAI'J ARE UNDISTURBED Realty Board Is Divided on ihe Usefulness.; 6( Sidewalk ; Brokers but Agrees to Stick 1 to Present Collection System Whether "to put the curbstone brokers out of business by setting the city coun ell to pass a $100 annual license fee for real estate dealers, or wnetner io auow the eurbstoners to oontlnus talking real estate on the streets,, thereby. keeping up the interest of prospective Investors. is a Question that is agitating more or less the.couective mind of. the Fort land Realty Board.4?: .. W:-'-M .'J At the regular January meeting of the board, held at the Commercial club, last Tuesday afternoon, a resolution was introduced asking the council to fix this annual itoeniv to pa pam soy every Individual selling real estate. The resolution met the Instant opposition of a majority ot the members ot the board, but; defenders were by no means lacking. Those opposed to it argued no. good would come from attempting to put street comer salesmen out of business. They declared these people an ; important aw not legitimate oner atoro for. the reason that they are al ways talking, real estate and .that manv buyers who otherwise would never have the subject brought to their minds are Induced to Invest by the activity of the curbstoner. It was also declared that me sonente would not accomplish the purpose Intended . for the reason that men could not bo restrained from sell ing their own property and that the curb operators would go out and buy options, which would have the effect of giving them the standing of property owners. . ... .... . . ..... . Drawback of Curb Brokers. Those favoring the measure admitted that curb operators frequently kept the market from lagging, but they said the unreliable element among them did so much harm to the business of the legit. tmaim rea estate operator that It would A Home That Will Satisly You "sssisBSBSi M fmmmmmiimmmmmmmmmmmaimmmmmmmmmmmmmmmKmmmmmmmmmmmmmmmmmmmmmmmmmimmm be better all round If they were got rid of by the license route. .VT After dlsoussing for six months, the law requiring real ; estate brokers : to have a contract of sale with property owners before a commission eoutd be collected In oourt for selling real estate the realty board : at Its meeting last Tuesday afternoon voted "to make no errors to change the law. It was pointed out by a number of speakers that : the . law as It stands frequently works a hardship, but that to go back to the old system where many agents frequently had the same property listed and where a squabble arose over the division of the commission la at least half the sates, made, would be v very much akin to jumping from the frying pan into the fire. i .x-'i -'...; ' Want ZlUlngswortB oa Board.' ' -The board voted unanimously at this meeting, to work for the election ot Its' president, William M. Kllllngsworth, as a member of the board of governors of the1 Commercial club. The election is to be held January 28, and as the reg ular ticket has already been brought out by 'the nominating oomralttee of the Commercial club, Mr. If tilings worth's name will have to go on the insurgent ticket. A oommlttee of : five active members of the realty board . was ap pointed to conduct the campaign ; for V Tho " regular semi-annual 4 dmner" ; f the board will be, riven early in Febru ary. The executive committee was In structed to selecmhe data for holding me ainner ana to maae tne necessary arrangements. The following new members-were elected: C. Runyard, Rand, Read; sY Co.; . J. M.' Hansmair and the Cellar s-Murton Co. Scientists Haveew Cbnrch. ' ' - (SpecUl Otapatch to The JoamaLV Medford, Or., Jan. 14. The Christian Scientists of . this city will hold their opening services in the newly oompleted hvlrch edlfloe on North , Oakdals on Sunday. This Is the first house of wor ship for members of that denomination built In the -Rogue River valley It is built In the bungalow style, orovldes seating room for about S00 people In the main auditorium besides beta able to accommodate many mora in the read- Ing and-rest rooma Capitalize Your Credit In the form of an installment investment In our rapidly ad-, vanclng suburban property. i. v f , PAY 10 PER CENT DOWN AND 2 PER CENT A MONTH $400 to $900 Lot . IN OUR NEW SUBDIYIfjlON , . Wlfcl111 Located on Fulton vcarllne, the Orefon Electric and Fourth street branch of Southern Pacific lines. Fourteen minutes from business center., . . A '10 Discount In Above Prices lor a Few Days You can easily double your money on the contract price of these lots before the Installments are half paid. Let us show you. Ik m REALTY OPERATORS 269 OAK STREET - LEWIS BUILDING W HEN you purchase a lot your home you endeavor to pick out a site that you are. ' satisfied will be ideal for all time; The first thins: you con sider will be what kind of people will my neighbors be? To insure desirable neighbors you look for your home site in a thor oughly restricted locality." The second essential to an ideal home site is a broad, unrestricted and magnificent view of surrounding , country the distant snow capped mountains the nearer foot hillsthe rivers. , The third feature win probably be the topo graphical aspect of the entire district fit which your future home is to be situated. You will want gentle sloping hillside property the streets laid out in contour, conforming with the natural slopes of the land. r IT1HE fourth essential wUT be proximity to the business center J of town, the shopping district and the theatres. Nearness ; to the center of town is a matter of minutes, not of miles. You win figure on locating your homesite as far away from the hustle, and bustle, and dust as possible, yet be within a fifteen minute ride to business; If you 'tan find a piece of ground that s incorporates all of these advantages and Vet is within the reach ; of your pocketbook you are going to snap it up. ; The above brief-f ly outlines your home site in Burlingame. No" bridges to cross. :' Scheduled running-of trains. Running time of from 12 to 15 minutes. Visit the property ;Take tram at Front and Jefferson. Get off at Fulton station ' oc fare. Walk over the property. Talk to any of the salesmen. .They are there to answer questions and to pilot you about, " You will not be urged to buy. Burlingame, . as your future home site, will speak for and sell itself to you. Lots from $700 to $1000. 10 per cent down and 2 per cent per month. The best buy that will ever come to your notice in Portland. An extra special lO.per cent discount to those who buy before of the tract has been sold; Offices in Madison building; 3rd and 1 Madison. Phones, A-4747; Marshall 880. 1 BMIilSHS DISLOCATED Ii Runaway Team Dashes 'Over . Embankment and Jniurejs'' Driver; Team Unhurt , (Special. DtspatA te The Jooraalt - -' ""4Payton, Wash., Jan. 14. Primeval man developed yesterday when Thomas Patrick , received a dislocated hip in a runaway ten miles from a doctor. -Un-' able to bear, the intense pain and know-, ing his hip. was out" of place Patrick resorted to.nature. Rolling -over and over on the rough 'ground where he was lying, he succeeded in righting the dis located member. Ia ter. he was picked np and brought to Dayton, ten miles, for surgical" treatment.' Sss'.? S4.K ;!", ,. Frightened at a projecting rook, the team which Patrick was driving dashed over a bluff and landed In the Touohet river 40 feet below, i Patrick went with the vehicle and was hurled against a Ire.) at the bottom of the precipice He is in a hospital, here and may not re cover. , Neither, the team or the wagon was-damaged. ' . .' p ' - Albanj Butter Ouftmt $75,943. (Special Dlspstah te TatXJoaraall " ' r Albany, Or Jan. 14.As shown bw the annual report .of the secretary, the Albany Creamery association last year manufactured J28.855 pounds of button the total sales amounting to $78,141.00. The directors eleoted for the ensuing year are C. I Shaw, J. H. Scott, J. D. Isam, I. whealdon-' and H. Freerksoa. The following were elected officers i President, C L. Shaw; vice president, J. rR. Soott; secretary. Wayne ; Dawson treasurer, Cv A. Archibald. upon which you intend to build (Co. i520;RalIway-Exchange-BuiIdin8r , Marshall 3248$ A-1374 . . hi in in n i i in i ' ' I', mini i ifc.iiiin'1 HP . I' 'I I ' i i. m H in"' i i i iii ini'iii ii i ii i i i i i .Hi i imm; iii i m i i lii.niii mi . West SideCompaey Si ... K Address . -. , ja.vsp