Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1885-01-13
PUT UP TWO WAYS.

According to the requirements Of the
law, each piece of property was put up
first in subdivisions, and then as a
whole. For instance, the Armory-
Grounds were divided into four lots.
The first lot brought a3,l00, second
for 90, 800, third for 3,l00, fourth for
%, ,2OO-total, s12,7OO. Being put up
as whole, they we're knocked off to the
Tredegar Company for $4,000.
These grounds have been for some
years rented by the Tredegar Company
for $500 per annum, subject to a
water-rent of the Richmond and Allie
ghany Company Of 1920 per annum.
The grounds cover 6.67 acres of land.
The Public warehouse grounds and
sheds were next offered. This pro-
perty is bounded by Canal, Byrd,
Seventh, and Eighth streets, and was
long used for the storage of leaf to-
bacco. 1t is enclosed by high stone
wall. At one time-in the early days
of the canal-canal-boats ran into the
warehouse. The property is now un-
occupied except one lot. This square
was first offered in lots, which sold
from s27 to sl20 per foot. The s120
lot is at the southwest corner of Byrd
and Eighth streets, upon which there is
a small building used as restaurant.
A QUESTION.
Several Of the warehouse lots were
knocked out to Colonel r. L. Maury.
and Mr.. Bowe asked " Colonel, will
you sign the agreement" ?" II will"
he replied, "under protest" One of
the bidders said :. Well, that is no
signing at ALL" Mr.. Bowe Colonel,
will have to put up those lots again"
Colonel Maury then said that he was
of opinion that the act did not require
the signing of any such contract; but
that never mind, he would sign the
agreement sign it without protest.
The aggregate of the sales Of the
warehouse square by lots was s22, $50.
Then the property was put up as
whole. The first bid for the square was
s23, 900, and from this bids ran up ra-
pidly. There were two or three parties
who wanted it. One wanted it for in
yestment. One for tobacc0-ware-
house, it is supposed. One, it is sup
posed, for a union depot. To the last,
MIR. John p. Branch, it was knocked
out at $1,000 good price.
1t now looks as if we are on the road
to get union passenger depot.
PENITENTIARY-sPR LOT.
Next the Penitentiary-sprmg lot was
sold; not all, but near three fourths OF
it.
The lot was bought by the State
years and years ago to supply the peni-
tertiary with water, and though the
City Water-W Works are now and will no
doubt forever hereafter be ample for
such purpose, to meet all possible con-
tingencies the spring and some ground
around it were reserved not offered
for sale.
The first lot put up was that at the
SOUTHWEST COTutT VI riaih oiiu oShciooh
streets, thirty-fve feet front, and upon
which stands frame house, occupied
for years by Mr.. Cross, the First As
sistant Superintendent of the Peniten-
tiary. The highest bid for this house
and lot was $4,000, made by Mr.. Char
lie Euker. This property, three fourths
of square, being afterwards offered as
a whole, brought more than had been
offered for it in lots, and was knocked
out to s. w. Venable & Co., of Peters
burg, for $4,000.
They bought it as an investment.
Afterwards the Rope-Walk property
in Richmond, and the Warehouse lot
in Buchanan were put up and sold.
These sales were all made subject to
confirmation by the Circuit Court OF
Richmond.
The total is ss3,565.