Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1890-08-13
IT'S COMING SURELY!
Mr.. E. T. Weber, Denver Capitalist,
Gathers in Two Choice Corners
in Santa Fe.
$3.50 900 Deal in Business Property-Two
Handsome Buildings Going up
Good Times in Sight.

Mr.. E. 7. Weber, Denver capitalists
who has been quietly watching affairs in
Santa Fe for some weeks, yesterday made
a purchase of inside real estate here that
will, to say the least, be considered sig
nifcant of what the near future has in
store for the capital city.
His first purchase was the Perea prop
erty, now occupied by Geo. Draughan, W.
B. Slaughter and others at the southwest
corner of the plaza, having a frontage OF
tifty-iour feet on the plaza and eighty-nine
feet on San Francisco street. For this
property Mr.. Weber paid $4,000, and
the transaction was brought about through
the energetic
EFFORTS OF MR.. JOHN D. ALLAN.
AS it is the first and largest sale OF in
side realty that has taken place here for
years Mr.. Allan is Justly proud of his part
in the transaction.
The second property gathered in by Mr..
Weber comprises the Lamy block at the
southeast corner of the plaza, Billy Bur
tons old stand, and having frontage Of
sixty-one feet on the plaza and ninety
feet on San Francisco street.
This sale was made through the agency
of Messrs. Geo. W. Knaebel and Johr
Gray who also are feeling pretty jolly ovel
the turn that has come to local real estat,
interests through the investments OF Mr.
Weber, Mr.. Jay 7. Adams and othel
Colorado capitalists.
THE BUYER TALKS.
Mr.. Weber was called upon by New
MEXICAN scribe to-day and Intercepted
with reference TO the objects for which h,
had purchased this realty. He state,
that Just as soon as the final papers il
these transactions could be passed, h'
would have Denver architect on tn,
ground who would draft the plans for TIVE
of the handsomest business structures il
New Mexico. At the Draughon corner
he explained, will be erected three-stor,
brick building with all modern improve
ments such IS elevator, electric light
and, if it is possible for money and muscle
to develop it, artesian water. 'Ill pu
down a we'll on the premises as soon al
the adobes can be got out of the way,
said the gentleman, "for eelreasonabl,
certain that
| ARTESIAN WATER CAN BE HAD
almost anywhere about Santa Fe, bu
should I fail to develop an artesian flow {
Dean force pump will be put in and tina
will do the business, l guess. | antici
pate, however, no difficulty in finding
artesian water"
| With reference to the Lamy corner Mr.
Weber states that four story building
will be reared here, and, if the offer he has
made for the Carter property, intervening
is accepted, he will plan to have the new
structure occupy all the east side frontage
on the plaza adjoining Mr.. Catron's new
block. This structure may be
A HOTEL AND OPERA HOUSE,
or it may be used for mercantile pur
poses, as to that Mr.. Weber is not nov
prepared to say. In a word, it will de
pend on the demands OF the city after tn
season Of new life now setting in shal
have somewhat crystalized. These build
ings will be frst-class, and will requir,
an outlay of something like 1925, 200
1--WE shall lose no time in pushing Oh
enterprises here" remarked Mr.. Web
Der. He said also that no syndicate wal
back of him in these deals; that he wal
simply investing his own money because
he had canvassed the situation and Wal
satisfied that here could be made anC
would be made beautiful and prosper
| Ous CITY.