The Providence news. (Providence [R.I.]) 1891-1906, 1892-05-25
NEWS OF REAL ESTATE.
A Tract Of Mt. Pleasant Property
Sold at a Mortgagee's Sale.
OAKLAND BEACH ASSOCIATION
sells Considerable Property-An interest
ing Case In Chicago Between
New York Real Estate Men-Auction
-Notes-Transactions.

Bank S2,OOO square rect OF ianu sieuhoeu on
Carleton. Beaufort and Roanoake streets
at a mortgagee's sale. On the property is
house and barn. The house is somewhat
out of repair but when built cost $500.
The property brought 5000 IL was
mortgaged for 81 900 by part OF the d. A:
Taft. Jr. estate and there was about 500
OF accrued interest. The bank had claim
of 81 200 against the property and pur-
chased it as means or collecting the
debt. Besides the amount paid for the
property it is subject to further payment
of liens, taxes, etc, amounting TO about
At Oakland Beach.
Recent purchasers of property at Oak
land Beach from the Oakland Beach AS
sociation. William w. Rickard, agent,
are as follows: Frank hiannon' East East
rows. Danielsonville, Conn. two lots;
Henry +. Kenyon, Providence, one lot;
Addie 4. Kenyon. Providence, one lot;
George l.. Gaiser, Suspension Bridge, y.
Y. two lots; James r; McCurdy, East
dorf, Buffalo. one lot; +. II. Hahn, Buff
falo. one lot; Isabella Il. Bohnert, Buffalo.
one lot; Charles l.. Trask, Providence,
one lot.
An Interesting Case.
An interesting case is before the Chi
cago courts. The Real Estate and Build
ing Journal gives the story as follows:
A certain Capt. Streeter claims the
ownership of tract of land 600 feet along
the lake shore, and 45O feet deep: Prop
erty ia that vicinity is worth $500 foot
would Id be e. worth 100000. He has
given an undivided half interest in
the property TO his lawyers for
their services. Capt. Streeter's tenure
is peculiar He has no deed from the
government, and his title is simply that
- md ia
nine-tenths of the law: the remaining
tenth is ably supplied by the lawyers in
the case IL the doctrine of riparian
rights can be overthrown the captain will
be monarch Of all he surveys, subject only
to interference from the general govern
ment. The policy of the government,
however, Is to encourage settlement and
to protect vested rights. 1t is extremely
unlikely, then, that the government will
molest the squatter sovereign OF Superior
street.
Rival Institutions.
The seceders from the New York Real
Estate Exchange opened business at the
New York Real Esta salesroom on this
day Of last week.
It is evident that bitter war is to be
waged between the two rival institutions
There is already talk among the members
Of the Auction Exchange of starting op-
position TO the general real estate feature
of the old Exchange. and making 1T
fight all along the line.
The officers of the new association are:
President, James l. Wells; vice -presi-
dent, Jere johnson, Jr.; secretary. James
McQuillen, and treasurer. William NJ.
Ryan. Among the members are A. IL.
Muller & Son, Smyth g. Ryan, John r.
b. Smyth, William II. Blackwell d Co,
Blsecker e. Sons, l.. ii. Ludlow 81 Co.,
& Co., Bryan l.. Kennedy, William l..
Kennedy and Sinclair Never.
Sold ut Auction.
The estate at 102 Broadway was sold at |
auction yesterday uy George IL. Burn
ham to Mrs II. A. Denison for $1,000 |
The property consists OF a two and a |
half story house and 800 feet of land.
William w. Rickard sold 10000 feet of |
unimproved property on the corner OF
Brook street and Armstrong avenue |
yesterday at auction for 3714 cents per |
foot. The price is generally considered
as being good.
-Four Hundred I'm One Day.
Wood, Harmon e. CO., few weeks ago
purchased a large tract of land at Scran-
ton, Pa IL was formally put on sale on
May o. Over 5000 people visited the
the place was sold, over 400 in number
Boston Herald.
The Market.
The real estate market continues active
and there are plenty OF purchasers for
good property. Suburban property Is
booming and there is good deal of sell
ing In shore property.
= 49, Notes.
The real estate business I'm Chicago is
rather dull, but is picking up. Their is
much doing I'm the building of apartment
houses and hotels.
The Boston real estate market which
has been dull during the long storm now
promises to improve.
The statement is made that new fac
tory which is TO cost slo0. .ooo is about to
he built by Tiffany q CO., the well-known
jewellers, in Newark, n. Y.
Isaac L.. Gof sold at auction Saturday
last eleven lots on the plot bounded by
Potter's avenue, Gravel and Seabury
streets. The prices varied from $500 to
Sl,2lo. About 5000 was. received for
them. As the auction took place i'm
pouring rain il was decided TO postpone
the sale of the other lots in the plat until
to-day. This is the plat where the first To
finish house costing not less than ST. 200
will have IL furnished free of cost.
The yellow signs at Mr.. Goff's Office
are attracting much attention. The fam
ing yellow seems TO rival the sun in color.
As Mr.. Goff has desirable property TO sell
IL Is bulletined on these yellow signs, and
one can scarcely fail to observe them as
he passes along the street.
Is TO erect machine shop on the corner
OF Aliens avenue and Henderson street.
The estimated cost is 5000.
On the 23d the Central Real Estate Com
pany filed an intention to build n three
story brick business block at 2G6 Broad
street. This building has been formerly
described In the News.
Intentions to Build.
rhe following notices OF intention 20
build were received at the CITY Engineers
office during the week ending May 20,
1892:
Mrs. j. G. Field, Chestnut street:
Thomas Grimes, Valley street; Lenix
Ranscourt Manhattan street; William a.
Millard, Bellevue avenue; Mrs. Ellen Il.
Holland. corner Broad and Public streets:
Helen II. X. Roth. corner Williams and
Wells streets; John McCarron and wife,
Newark street: Charles Spencer and wife,
Atlantic avenue; William II. Miller, Col.
fax street; Henry G.. Russell, Thayer
Elbe, Broad street; Is. +. Lynch, Atwell's
avenue; Patrick J. Layden, Potter's ave-
nue.: Bernard Doyle, North Main street;
nnoaofl III.