Savannah morning news. [volume] (Savannah) 1868-1887, 1886-05-26

ordinance passei Apnl 800, lol', on IN, JV tbe
APPLICATION OF the Union SJciety "nu ,r ro
.tnntham Acaoeuv as "a site Cor structure
to he erect cd ly the TWO usttutions Tor euU-
ca.ional purposes The building was com
pirted in December, 1873, M ~ aPpeaIs sm@ no.
The Union society was uu9hle TO pay its snare
OF the cot ot the building am thefeiVre us
posed OF part Of its interest 70 tae INA is tt
AcSdemy. 4 he trdusat ton - iul'y set ioIth
in lie following proceedings OF the Union
Society. OF which, however we nave no re
cord. but which appears In the history OF Tue
Chatham Academy, publlshed IN the NUNS
"Atamerting of the Union Society, held at
the Georgia hotel GU May y, 1913, the follow
ing comlGunicatiou WAS transmitted TO the
I uJ-tees of the Chatham Aca 'emy:
.E sp'gsd. That the society will sell ana
convey TO the Che than Academy all the right,
title, interest. aud property Of this society IN
| the lands and builninEs erected by TINS lnsti-
! tuition and the Chatham Academy, except the
western wing, resereing all the privileges TO
! the sud western wing as they now are Tor
| "Rssoi,ed. That the President and Vice
| President be directed 10 make titles TO the
/ trustees OF he Chatham Academy agreeable 10
/ the io'eSOlng resolution, the Academy agree
| to the same.
"Thc proposal OF the Union Society was
accepted by he Trustees ot the Academy"
The Union Society. there ore. does MOI own
a divided or undivided half of i've lots on
| south Broad street, but one lot ana the
greater pa of another, e., that occupied
! oy the western wing, or Pavilion MOTEL por-
ton.
In 1853 CITY Council granted these lots %
and y and Two lots on Hun street 20 and Il
| Brown Ward. previously held ~ the sohety
ln trust, in fee simple 10 the Union SoclttE,
reserVlng TO itself the right to open the ADA
cent lane at any time.
AS it was desirable to hold the entire prop
erty, including the lane, in fee simple, COM
mittee, OF which Gen. LawtOn was chairman.
y as appointed, at meeting held on Dec 3D.
1890, 10 petition City COunc Tor rec simple
title to the lane. On Fcu. II Council passed
"A n ri lima II
therein granted The petition.
The property is now IN such shape that IL
can be disposed OF as = whole should the so
cetV at any time desire 10 sell. As u matter
for convenient reference append hereto cop
les OF the ordinances referred to.
THE KELLY PROPERTY.
This property is located on the block bound
ed by Whitaker, Barnard, President and
state streets. The rentals are derived from
four wooden tenements. The property 10 IN
creasing rapidly IN value, but the income
from 10 Is very small, owing TO the Inn prove
ments being, possibly, the poorest IN the c'ty
A number OF very handsome buildings have
been erected in the neghborhoOd, maxi 1t
quite business centre, and the sOclety's In
come would be greatly increased If good
stores were erected in the place of the present
structures. In view Of our expectations from
the Holland legacy. the Committee on Town
Property has under consideration the matter
OF improving this property IL has been sug-
gesJed that the properly nj ght be sold at a
good figure and the amount realized from the
sale. with that which we expect to receive
from other sources, used to advantage in the
scheme already referred to looking to the
erection of hotel on the Pavilion hotel site.
These holdings, however are rapidly in
creastng IN value, and It Is my opinion, after
Il very careful consideration OF the subject,
that the society cannot do better than mold
on 10 both properties, ana i'm prove them as
its means VIII permit. Two good stores can
be erected on tine Whitaker street front Of the
Kelly legacy at cost Of about $1,000. THIS
would leave the society. II it secures what
may he reasonably expected from the Holland
legacy, with 10000 in cash. That sum and
The 81 O.009 which could be realized from the
| issue OF bonds Of the society, would pro-
vide an amount sufficient TO erect
frst-class hOie on so much of
the lot nov occupied by the Pavilion hotel
/ building. leaving that structure as an annex.
/ to BE- improved or removed a. future events
! might warrant. An elegant modern hotel.
/ which would bring handsome rental, might
| be erected upon this or q similar plan. How
/ ever, these matters will doubtless receive, as
/ they deserve, the careful consideration of
| those 10 whom will be lntrusted the manage
| ent OF your a1airs in the future. Ia all we
| DO we should always see that our income Us
| not ieopardized. aB upon that depends the
funds necessary for the support of the orphans
! under our care.
| The leases on all your city property expire
| this year.
SPRINGFIELD LOTS.
The Springfield property is IN good shape
| except the lot rented tn the late Gen. Joseph
| finnegan. the ground rent on which has not
been paid for years. The matter has been
placed in the hands of our attorneys, with IN
| struct'ons to take such acton as may be neces
sary TO re-enter the property.
UNGRANTED LANDS.
In my last report I referred briefly to the
society's residuary interest in the ungran'ed
| lands in Chatham county. and the steps taken
by the Com missiOners of Ungranted Lands to
| have the matter put 10 shape. The commission
engaged Mr. Isaac Beceett to examine the
| colonial records with view to locating such
| lands The Chatham Academy, which Is also
| interested in these lands. accepted proposI-
| ton TO pay a specified sum to Mr.. Beckett,
| and the latter agreed to act also for this
| society, provided 1t furnished him with trans
| portation to and from Atlanta, both societies
| to allow him 10 per cent. of the value OF all
lands recovered. Mr.. Rogers, the General
| superintendent of the Central railroad. with
this liberaliiy which that corporation
has always extended To this
society, agreed to furnish such transporta-
tioA free TO Mr.. Beckett. a considerable
! tract of land, part OF that originally owned
| by Bethesda college, has already been fOuni.
| IL is not, however, ungranted land. but the
property OF the two societies un er the act Of
| Is y authorizing the sale OF the property OF
| Bethesda college and divl ion Of the pro-
ceeds. 1t appears that the tract referred To
was not sold. The title therefore remains IA
| the STATE and the property is still subject to
sale There are thousands of acres Of I'M
! granted lands IN this county BY the ar
| rangement made with Mr.. Beckett, and the
| surveys Nnscu are now helnE m buc unuer the
| direction of the County Commissioners, there
| il q better prospect than there has ever been
OF the society realizing before many wears a
handsome sum from its share in such lands.
OTHER PROPERTY.
The brick tenement, l54 South Broad street
is under rent. but quite a large sum has been
paid out for expenses.
The Tpperary plantation, in which We
own half interest, appears TO be unstable
! Ihave offered our interest in il for 81 600, but
have not been able to find a purchaser.
The Iowa land tlG0 acres) is practically
WORTHLESS, A party who was written 10 viii
a view OF selling il, replied that IL was on tho
side of q hill. and it was not possible to find d
| purchaser.
OUR OFFICERS AND FRIENDS
MIR. Chaplin, the superintendent, and his
| wife. the matrOn. have, rs usual, bsen atten-
| tive to their duties. regret 10 say that thu
health of the latter has not ueen good. but ii
| is not owing 20 any climatic Influences.
| The sunday echOol b. still conducted by our
| kind friend. Mrs. Ferguson, aud her estma-
| bic daughters, ass sted by Mr.. Lee, the
teacher. and several neghbOrs.
/ Mcsars. Lawtpn n Cunningham. attorneys,
! and Drs. Duncan, Mcfarland. DupOu. and
| Cold!ng have, as usual, been ready TO give
their services gratuitOusly. I am giad o. be
able to state. however, that while we have
had q larger amount OF business than usual
for our able lawyers we have had few, II any,
Cah3 TO make on our KIND physicians.
! In concluding this report beg leave to re-
/ turn TO Won the trust which You eight wears
/ eon0det In NV plra l anpatfed Tho