Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-05-30

HOMES FOE THE 1oILERs.


The Adjourned Meeting Held Last Evening
Reports OF Progress In Arranging Plans
for Furnishing Lots aud Houses on
Monthly Payments - Another Meeting
Next Friday.
The readers of the GLOBE have been kept
fully advised of the proceedings ct the meet
ings heretofore held by owners of real es-
tate in this city, and those who are DESTROYS
to build, the object being to devise some
plan by which those DESTROYS of building
co uld obtain lots on long time at low rate
of interest, similar to the well-known Long
worth plan, 80 successfully carried out by
the Cincinnati millionaire. A third meeting
was held last evening at the chamber of
commerce, which was largely attended by
those who feel deep interest in this mat
ter. The meeting was held pursuant to adj
iournment, with Hon. @. S. Bryant. in the
chair.
The first business in order was the report
of the committee appointed at the first
meeting to confer with the real estate own
ers of st. Paul having lots to dispose of.
Col. A. r. Kiefer, chairman of the COM
mittee, reported that he had issued printed
circular, Ia copy of which he submitted), to
some forty-five real estate owners in the
city, and he had received reply from only
few of them, owing to the short time given
the committee. These replies he submitted
to the meeting and were as follows:
E. Rice, Jr., on behalf of Mrs. Anna III.
Rice, offers 36 lots, as follows: In e. Rice's
first addition, lots at $500; in second addi-
ton, at $3.50; and in his third addition, at
1926; each at per cent. interest on per-
manent lease, with the privilege of purchase
at any time.
Mr.. Mayall will lease every alternate lot
belonging to the Mayall family on 100 year
leases at an appraised valuation every five
years.
Replies were received from number of
other owners, stating that the project was a
new one and required more time to consider
the matter.
Col. Kiefer moved that the report be re-
committed to the committee, in order that
some plan be perfected and better under
standing be had with lot owners. He had
no doubt that within fifteen days fully 1000
lots would be offered to those desirous of
building, on the Longworth plan.
Mr.. Bryant said be had no doubt that all
would place them at reasonable rates.
He wanted all lot owners put upon their
good behavior, and to realize that only by
placing their lots at reasonable prices could
they expect to dispose of them. j. w. Nc
Clung said that the plans were in crude
shape. Something more should be done to-
wards obtaining a perfect title before the
Building associations could CO. cooperate in the
a reasonable security for their money before
loaning it, Leaving this branch of the sub
ject, he said there we're some expenses at
tending these meetings and he therefore
moved that all those interested pay % cents
each to defray the same, and that d. D. Mer-
rill be elected treasurer, which motion pre-
vailed.
A number of those who expressed desire
and willingness to build on the plan pro-
posed came forward and enrolled their
names, swelling the list TO nearly 100.
Quite lengthy debate ensued as to the
proper plan to pursue to make the project
success, which ended in sending the whole
matter to the committee with instructions to
furnish well defined plan to submit to lot
owners and report the same to the next
meeting.
Col. Kiefer said there were number of
persons among his acquaintance who had
means enough to build comfortable house,
but who could not do so if they were obliged
to pay for their lot in advance.
MIR. Merrill said the first thing was to
find out what lots could be obtained, and on
what terms, and then all could make their
calculations.
MIR. McClung said one of the objections
raised was that all the lots offered were too
far out. He wanted some of the property
owners in the central portion of the city to
take hold.
On motion, Albert Scheffer, D. D. Merrill
and j. w. McClung were added to the COM
mittee heretofore appointed to confer with
lot owners, and also to receive the names of
those who are willing to build.
The balance of the committee are as fol-
lows:
Col. a. r. Kiefer, chairman.
First ward, John Dowlan, j. p. Allen.
Second ward, w. p. Murray, John Wag-
ner.
Third ward. G. S. Bryant, J. w. McClung.
Fourth ward, John Grace, Thos. Pren6er-
CAST.
Fifth Ward, Albert Schefer, D. d. Merrill.
Sixth ward, VIM. Bircher, w. A. Somers.
After some further general talk the meet
ing adjourned until Friday evening next at 8
o'clock at the same place.