Kimball enterprise. (Kimball, Brule County, Dakota [S.D.]) 188?-1883, 1883-07-20
sUMMERING MILLIONAIREs.

Homes at Newport of Some of the
NEUTRALITY-SUSPICIOUS. Living-A
Gentleman Who Pays $45OO
Week for His Eight Weeks Vaca.
ton.
A correspondent Of the Boston Jour
nal tells Of the luxury and wealth at
Newport, where millionaires spend the
summer months:
1t roughly estimated that at least one
halfofthe real estate in Newport is,owned
by summer residents, who pay taxes on
property varying in assessed value from
$40, 600 to $4O2, 900, upon which latter sum
Mrs. William Ganmel pays, while Mr..
George Peabody Wetmore contributes to
the general support of the town with
taxes on S201 ,000.ofland. The cottages"
which these millionaire residents occupy
are in reality mansions and fit for a
Prince. The most striking are those of
Mr.. Jacob Astor, who is occupying
"Beaulieu,' once owned by Bareda, the
Peruvian Minister, and for which Mr..
Astor paid over 100000; Mr.. George
Peabody Wetmore. whose chateau-sur-
mer," built of granite, has cost him a
fabulous sum, the magnifcently carved
staircase imported from Italy having
cost no less than $40, 900; Mr. Robert Goe-
let, whose beautiful house, commanding
magnificent sea view, is erected on a
lot for which he paid the widow of Colt,
of revolver fame, level 500, 900; Mr..
Pierre Lorillard, who is taxed Cor $751;
600, whose latest real estate purchase
here was the famous Lawrence Staigg
lot, which was in the court for
vsv ND rVhs at1
that time increased in value
eleven times what it was worth when
the Boston artist bought it; Mrs. Gard
ner Brewer of Boston, whose estate is
valued at $l33 900. This is most
charming place. and is very appropriate
ly named "Finisterre," being at the end
of Bellevue avenue, and also of tLo is
land of Rhode Island. Here it was that
in 1877 Mrs. Brewer, assisted by her
very popular and charming daughter,
gave delightful fete for the benefit Of
the Old South church. Mrs. and Miss
Brewer are enthusiastic collectors of
rare plants, and spare no expense to se-
cure the very latest additions known to
the world Of horticulture or Horticulture.
Then there is Thomas F. Cushing of
Boston, whose charming house behind
the rustic fence is the scene of many q
brilliant entertainment during the sum-
mer. Miss Catherine L. Wolfe of New
York is fairly astonishing the natives by
the palatial dimensions and gederal
she is having erected on Ochre Point
and the finishing touches Of which will
soon be put on. The land itself cost
$1s2, 900, the house being built upon the
site of the William Beach Lawrence
homestead, which Miss Wolfe would
not sell to have moved off because it
would necessitate the cutting down of
one comparatively insignificant tree.
Miss Wolfe is now in Europe purchas-
ing furniture, carpets, rugs, bric-a-brac,
ETC., for the house. 1t is believed that
when the building is entirely completed
and furnished very big hole will have
oeen knocked IN half million dollars.
Thousands upon thousands Of dollars
are being expended upon the grounds,
terraces are charmingly arranged, beau
iful flower gardens and so on. The la
est addition to our wealthy cottage own
srs is Mr.. T. J. Montgomery of Boston,
who planked down $S5 600 cash for Gem
eral Robert B. Potter's beautiful place.
The Rocks Kiss is situated at the south
end of the Island, commanding q mag
ni6cent view Of the Atlantic Ocean,.
There are many more of these million
aire residents. Their summer houses
are built regardless of expense; in fact
they give no heed to money matters
where comfort is to be had. Some of
these have to pay pretty dearly for their
seaside outing. Take Pierre Lorillard
for instance. His estate is taxed for
1884, 900. Interest money, taxes, insur-
ance and repairs cannot be reckoned at
fraction less than 10 per cent. Mr.,
Lorillard is never here more than eight
part fhis property, which is only taxed
at two-thirds its value, would equal
about $50, 900, and this sum divided by
eight would bring his rent per week at
about $4500! From there figures it will
readily be seen that owning cottage in
Newport for summer occupancy is an ex-
pensive luxury, and one in which the
ordinary run Of mortals cannot indulge.