Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1886-05-07

for the whole block. But ana afraid i
is too far out. Business will spread
along Spring to the junction, then g.
west on to Fort, to Hill, to the south
part OF Olive, and on Sixth to Pearl. l
hardly think the College block will ever
| be the pivotal center Of business.
MR.. l.. O. GOODWIN,
OF the Los Angeles Savings Bank, said
~ am prejudiced and could not give
| fair opiuion. NV views are mixed. In
some repects Il would be good thing,
in others il would not be good. l think
the uiyotal center of business may
eventually 90 out that far. With pop
ulation of loo, 900 in the city the center
would reach there. A few years ago
Main and Commercial streets was the
| center of business. Now First and
Spring is the center and the pivot is still
going south"
MR.. J. v. wAcHrEL
Said: s.The plaza is the center of the
city. Business will hereafter go north.
erly. towards the depot. OF course, il
the city hall goes out to Sixth street it
will tend to draw business that way"
MR.. 1. W. HELLMAN
Said: 81 think the proposition to swap
fair enough one. The college property
is easily worth 100000. The frontage
ON Fort street is worth SIS foot, that
on Hill is worth $50. As to the moving
Of the city Offices there it is too far of,
for a few years at least. | am afraid it
is too far from the center
MR.. JAMES B. LANKERsHIM
Said: alt is a good idea. The center
OF the city is not the place for the City
Hall San Francisco, San Jose, Sacra-
mento--nearly all the cities in the coun-
try-have the city offices away from the
center. The college property is large
one. 1t is the best place. 1t is not
new idea to put 1t out there. Other
cities have tried it, and they do not find
1t inconvenient. As to their relative
value. the st. Vincent's property is
worth the most. 1t is worth 500, 600.
The City Hall property is not worth
more than 5000 foot"
MR.. M. o. JONES
Said: "Ncl am opposed to II. The
business center is here. If the City
Hall is built as proposed, 1t viii keep it
here. 1t would he good idea to build
1t on the Plaza. A good building would
enhance the value Of property there.
We have property there and think the
City Hall there would be benefit by
filling up the break there.
COUNCILMAN HoLBRooK
Said: II am not in favor of it. 1t is too
far away. The trade is fair enough as
to values"
MAJOR J. X. ToBRRMAN
Said: at is too far out. The city lot is
worth the most. There is a good deal
to say. | will see you again.
nR EARL B. MILLAK
Said: 81 have not given the matter
much thought. am firm believer in
the future Of Los Angeles and back
my opinion. L would give 81 GOO per
foot for any Spring street property rom
Temple to Second so far as / have the
money. Business will spread out on
other streets out as far as Sixth. In i've
years time there will be 100000 people
in this city. There went last year from
the North to Florida lao, 900 people to
spend the winter. Nearly all they ate
had to be carried from the North. Hay
for their horses had to be carried there.
The cable roads on Temple and Second
and the proposed electric roads on First
and Second will tend to hold the center
near these streets.
MR.. PRANK M'coY
said: "As to the value of the property.
lots can be bought near the college block
for $50 foot. The st. Vincent's block
Is worth $50. 900 plus the value Of the
buildings. The property. buildings and
all is worth 500, 600. In two years the
south half can be sold for $50, 900 with
no improvements on it. Seventh street
goes through the city from east to west.
1t will be a business street"
MAJOR GEO. n. BoNEBRAKE
Said: 1.-THE City Hall should be in the
center of business. Business men are
the people who need to use 1t. | have
very positive views on the subject and l
am opposed to moving the hall so far
out as Sixth street. am talking of the
present time. In twenty years bus
mess may stretch out there. but now it
is too far. The police and other Offices
should be near the center Of the city.
The City Hall property is worth $780,
600. The college property is probably
worth as much"
THE PRESIDENT OF THE BOARD OF TRADE,
Major Stern, said; 81. is not advisable.
1t is too far. / am speaking of the next
ten years. East Los Angeles has pop.
ulation OF seven or eight thousand now.
The center OF business is north OF Sec
ond street. We must take in the whole.
sale business interest. 1t is not fair to
take Second street as the center now. 1t
is the extreme southern limit of business
to-day, The center is at Temple Block.
For the next ten years it will be
between Court street aud First. 1t will
spread on to Fort. The city will make
more money by holding the present
property than by the exchange. 1t will
appreciate more than property on Sixth
street"
COUNCILMAN FRANKENFIELD
Said: Gas to the value of the two
properties, cannot give my opinion. l
might be on q committee to make APP
praisement. do not think it too far
away. Yes, the City Hall should be in
the center Of business. That center
will be ut Sixth street in eight years.
The College property will be the pivotal
point before that time. By that time
Los Angeles will have population of
100. coo. am in favor OF the exchange
II 1t can be arranged on an equitable
basis. The City Hall property Is worth
$1,000 per foot. The change would be
good for the future"
MR.. RICHARD CARNEY
Said: "It is the best thing that can be
done. No, Mr.. Reporter, you know as
well as any Of us that fifteen years ago
the center OF San Francisco was about
the corner Of Washington and
Montgomery streets. Now the Pal
ace is the dividing line between
the wholesale and retail sections Of the
city. The Baldwin is the center OF the
retail trade. The city hall is surrounded
with business. That lie three miles from
where the center was fifteen years ago.
At that time the city had $50, 900 inhab-
itants. 1t has doubled since then. 1t
is only three-quarters Of a mile from the
postoffice to st. Vincents College.
When our population is doubled the
present figure business will be south Of
NSt Nfncents college,.
MR.. A. W. POTTS
Coming up, said; "Yes, sir; in five
years your population will be rs. 900. and
then St. vincents College will be in the
very center Of population. l am in
favor of the exchange"
HON. A. NJ. STEPHENS
Was the last seen. He said: Take it
to Santa Monica at once. 1t is too far
away. 1t will be for many years to
come. The county and city Offices
should be close together. 1t will
not do to put the city hall so
far out that II will take half an
hour to go there and as much to
return to other Offices 1t is great
waste Of time. The best thing to do is
to repurohase from the county part of
the Court House lot. 1t is 400x300 feet.
There ia plenty Of room. Grade the hill
down and put the county buildings on
the Fort street corner and those of the
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