Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-03
100000 FOR 1856 ACRES.

The Irwin Property, Adjoining MiIlvale,
Secured by an Eastern Syndicate-The
Land VIII Be Improved-Other Trans
misunderstanding Permits and Gossip.
FRIDAY, Dec. 2.
One of the largest deals in acreage prop
erty that has occurred in this vicinity for
quite while was practically closed to-day.
For some time past q party of Eastern cap
italists have been negotiating, through
Messrs. Lamb & Dixon. with Mrs Irwin
for the purchase of that large tract of land
which bounds the borough of Millvale on
the north, containing 1856 acres, but not
until to-day were they successful. Messrs.
Lamb 6 Dixon to-day secured an
option on the property until April l.
1893, which virtually means the sale
of the realty, as this'option was merely OBJ
tanned so that the property could be held
until the intending purchasers complete the
formation ofa land company, which is beng
organized expressly for the purpose OF pur-
chasing this land for speculative purposes,
which will be hut a few days, as Mr. Lamb,
of the firm of Lamb & Dixon, has received
word from the syndicate that its represen-
arrangements for improving the property,
and 60 have the final papers passed. The
consideration will be $2U0000
Current Gossip.
A meeting of the committee appointed to
prepare plan of organization and draft
constitution and bylaws for the contem-
plated Real Estate Exchange was held yes.
terday afternoon at 4 o'clock in the Fidelity
Title and Trust Company building. The fcl-
lowing gentlemen compose the committees:
Samuel W. Black, Chairman; Alexander
Leggate, d. T. Black and Thomas Liggett.
Tho committee expects to complete its work
within a week, and will then call meeting
of the body
1t is rumored that the Wabash and Read
ing Railroads, which, it is said, arc to ex-
tend their lines to Pittsburg, have pur-
chased several pieces of property In the
vicinity of Second avenue and Try streets,
upon which sites they will erect depots.
Building Permits.
The following permits were issued to-day:
Edward Krebbs u two-story brick dwelling,
Fifth avenue, near Neville street; cost, S9O O00
Edward Krebbs,a one-story brick and frame
stable rear Fifth avenue. near Neville
street; cost, $500. John Becker, O one-story
frame stable, Twenty.fiith street, near
Larkins alley: cost, $50. Thomas L. Duff, O
twostory frame dwelling, Winebiddle ave-
nue., near pauphin street; cost, 1915. Plus
Greb q two-story frame dwelling, Fitch
street. near Dauphin street; cost, $3.50.
Reports From the Agents.
W. A. Heron & Sons sold on Liberty
street, near. Seventeenth street, a lot s4xiO0
feet TO spring aileyI with Two small brick
houses thereon, one in front and one in rear,
for 81. 500.
s. III. Coleman & Co. sold for 1. o. McMinn 1
to George Lashley lot on Dauphin street,
Nineteenth ward, 2215xl00 feet for $3.50 cash.
Black & Baird sold two more lots in the d.
H. Barr plan at Homewood, being Nos. 4s
and 49, fronting together so Ieet on SHsque-
hanna street. by 100 in depth to Cassina
alley to e. II. Siedle, for $1,000 cash.
John K. Ewing & Co. sold u lot 20x100 on
James street, Third ward, Allegheny for
Thomas McIlwain to John Murdoch, for
81. $50 cash.
George Schmidt sold for Mrs Annie Born
q lot 24xS0 feet on Forward avenue, to
Richard Davis. for $500 cash.
James W. Drape Co. report the follow
ing sales: A small house and several acres
of ground in O'Hara township for price ap-
proximating $500; residence property In
the Twentieth ward, near Fifth avenue, for
ss, ,s00 an acreage piece of property adj dining
Perrysville avenue. Allegheny, for $4,000; u
lot in Mansfield for $500 cash; collateral in
terests in two properties in McKeesport of
S., ,0c0 and $1,000 and two collateral interests
in Allegheny property Of $500 and $500
resnectfYelY.