St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-11-14
McCIung. NcNurran q Co.

M'CLUNG, MMURRAN 81 CO. will sell at
Lsl auction 100 lots in Rice street Villas and
Hagers addition. Nov 90 O'Clock p. m. on the
grounds. Their first sale of rs lots, July Is, 1885,
was based on the prom of railroad station and
iron mill, which have been fulfilled and rs to 100
per cent. has been realized by the purchasers.
We are able to announce that second IRON mill
is in process of erection, which will more than
double the capacity and number of hands en-
ployed, and contracts can be shown for over S10,
QUO of cash capital to be invested in the purchase
of new furnaces, boilers, and 200-horse power,
with new machinery, ETC., to manufacture thirty
tons Of iron per day and employ 200 hands-re
serving power to rent to other manufacturers, and
making the plant worth $4,000. This means 1000
more population Tor Rice Street Villas and q
quadrupling of values, which are now less than
half those of other interurban settlements with
inferior advantages. The advantages OF the Villas
are the iron mills. with spur track costing ,000
nearly two miles of side trackage for other manu-
factories, lumber yards, etc; thoroughtare ike
East Seventh street, ten miles long with stores
business houses and sidewalks already built, and
1000 feet of business property fronting on this
street. besides 1000 on Phalen and Como
avs, another thoroughfare beautiful eleva-
tions, for residences, with shade trees, hourly
trains making these Villas accessible as st.
Anthony hill, close proximity to McCarron lake;
street car tr acks laid nearly to the station and
sidewalks beyond and about twenty houses al
ready built the first year, including two-and-
a-half-story brick for four tenements, rented to
the mill men for nine years. This side-trackage
and this street frontage is destined to be very val
liable. and as great development will occur here
has been realized on East Seventh ST., whose
case is parallel and whose history will here be
peated. We have bought out nearly all the in
terests at this point and own control the largest
part of this acknowledging fully convinced OF
its great future. We sell only a limited number
OF lots to encourage settlement and interest 9TH
ers in making this the most populous and thriving
settlement between the cities. We intend to hold
for improvement and development the bulk of the
property bring in other manufactures and stay
in with our customers, thus guaranteeing splen-
did outcome for their investment, as we did in
McClung McMurran's addition. Belvidere Park,
Stuart's Encouragement, Como Villas, Como
Heights, Lake Park and ST. Anthony Park North.
At least twenty more houses are needed at once
to accommodate the iron mill employe.Ethree
families now occupying single apartment-and
lumbermen. mechanics and capitalists can realize
a splend id percentage by buying these lots at auc-
ton prices and guiding All persons who build
within year have three years to pay, no money
down; ene-fourth cash, one two and three years
to others with per cent. If parties who think OF
buying will call and see us, we will tell them
something more. McClung, McMurran Il Co., cor
ner Fourth and Robert first floor 3lS