Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1890-05-25
BUILDING AND REALTY.
Huge Deals in Fort Worth Real Estate
Last Week,
The Refrigerator Secured-A Cotton Mill.
Working for a Brewery - The Iron
Rolling Mill Notes of Progress.

The past week has been one Of unpre-
cedent activity in real estate in Fort
Worth. The aggregate sales exceed
81 900 900, and prices asked and paid
for property have been reasonable, in
fact in some cases very low. There will
be no dull season in realty in Fort Worth
in the year 1890, for projects are on foot
and maturing which fix the values of
real property and which will cause
continued activity. For the five months
OF this year the sales of real estate in
Fort Worth have exceeded $40 900, 900,
a larger aggregate of sales than ever be-
fore recorded in any Texas city. The
property sold has been both city and
suburban transactions, being distributed
over the entire city.
A COTTON MILL.
A strong concern has made PROPOSE
ton to Fort Worth to erect a large cot
ton mill on the line of the Texas and Pa
cifc east of the city, and E. E. Fosdick
and S. NJ. Furmsn have taken hold OF
the matter, and will push it. The con-
Germ making the proposition is well
known and of high standing, now man
aging mill which last year declared
dividend of u per cent. The subscrip-
ton list fully sets forth the terms pro-
posed to Fort Worth, and reads:
We, the undersigned, for the consider
atoms and benefits hereinafter specified,
subscribe and bind ourselves to take and
pay for, according to the terms set forth
below, as many lots, or parcels of land,
as we have set opposite our names, the
total amount to be paid for each lot be-
ing (Sl00) one hundred dollars, the size
of the lots TO be 40 by 100 feet, to an
alley.
The lots, or parcels of land, shall be
out of the P. Anderson survey, situated
about two miles east of the city limits of
Fort Worth, Texas, and the considers
lions and terms are as follows:
The Cotton Mill company agrees to build
and equip with modern and approved new
machinery, @ two-story, metal roof,
brick or stone building, size not less than
forty by $50 feet, TO be used for the man
ufacturs of cotton fabrics and knit
goods. And they further agree to give
a good bond that they will employ not
less than (l00l one hundred operatives
the whole of the first year after the
Ilhub IS Teauy lot operation.
We, on the other hand, agree and
bind ourselves to pay to the trustees,
named below as follows: S25 cash on
each lot subscribed for within forty days
of date of our subscriptions. The second
payment shall be $50 per lot, due and
payable when the walls of the cotton
mill building are up and roof on. The
third and last payment of $50 per lot
shall be due and payable,
when the machinery is in the
building ready to start in operation.
The lots and blocks shall be numbered
and drawn for to determine the owner
ship of each particular lot.
The trustees TO act for the subscribers
shall pay over the amount realized from
sale Of lots as follows:
The first and second payments may be
paid over to cotton mill committee when
the main building, 40x250 feet, is COM
pleted.
The third Qastj payment shall be paid
TO cotton mill committee when the ma
chinery is set up ready for business.
The trustees Sre William Harrison, ].
c. Mccarthy, H. C. Burlington, K. NJ.
EanZaIdt and E. W. Taylor.
The Cotton mill company are to COM
mence work within thirty days after the
bonus required, $50, 900, has been Sc
cured to them.
THE REFRIGERATOR SECURED.
AS was published few days ago, the
cattlemen Of Texas made proposition
to Fort Worth to erect SIOO, 900 refrig-
orator and lease it to them for a term of
years. Yesterday the chamber of COM
meroe accepted the proposition, and the
viii be built. The catge-
men IS company will operate a plant at
Victoria, at Columbus and at Fort
Worth, together with cooling house
at Galveston. The refrigerator here
which is TO be built near the Union
stockyards at once, will be run to nn
one-taird OF the contract with, strong |
English syndicgte. The benefits to ac7.
crne to Fort Worth by the closing of this |
deal are manifest.
BREWERY.
Messrs. J. ]. Roche, H. W. TsllaIt
and T. j. Hurley, committee OF the
chamber of commerce which has ipshand
the proposition of J. j. Cannon 80
erect within the corporate limits ore
Fort. Worth a brewery to cost from |
Sl255ooo to $500 900. has gone 20 work 20
secure the $50 200 bonus required and4s |
asfew hours yesterday afternoon had Sc
cured $500 of the amount The capac- |