The Providence news. (Providence [R.I.]) 1891-1906, 1892-06-24
NEWS OF REAL ESTATE.
The VIM. w. Rickard Company Be-
gins Business.
n HAS CAPITAL OF 100000.
AGAirs a Oakland Reach and ON tho Cam
bridge Park Plat-The Firm OF Buck
Brothers-A Big Tenement House
Other Realty News.

Having obtained charter at the Janu-
sry session of the General Assembly the
firm Of William w. kickard g. Co. now
does business under the name Of the VIII
liam w. Rickard Company. The company
does q real estate and mortgage business
the same as formerly and has the object
ia view of bringing real estate into the
hands of mechanics and laboring men ut
fair prices aud assisting them in building
homes
The capital of the company is 500, 900
and is divided into 900 shares OF 800
each. VIM. w. Rlckard is president and
treasurer and Asa Lyman Is secretary
. nual meeting which will be held in the
second week Of January, 1898.
The company takes loans on improved
property and property in process OF con-
struction. Money is loaned To parties
contemplating building this season.
Oakland Beach and Cam bridge Park.
The State encampment of the RHODE
ISLAND militia. which is TO be held at
Oakland Beach, will be on the Wilcox
land Beach Association. The hotel, which
has been entirely renovated, will open
July /. and during the summer the asso-
citation expects to do a big business.
The Cambridge Park plat has not yet
been placed on the market, but it will be
the plat, nevertheless.
The Firm Of Buck Brothers.
The firm Of Buck Brothers has been in
existence but little over "A year. During
that period 1t has succeeded very we'll
The hrm conducts real estate and mort
gage brokerage and Is a real estate agency
"A great deal Of western and southern
coal and iron land is handled in conjunc-
tion with local property. Estates are
cared for and rents and other claims are
collected. The firm differs from others
In as much as it buys and sells property
dividual charging brokerage only. The
success Of the firm is something remark
able when the time it has been in busi-
ness Is remembered.
He Is Rhode Islands Vice President.
Col. Isaac l.. Goff has recently received
n Communication from NJ. M. Kline OF
Nashville, Tenn secretary of the Ma
tional Real Estate Association, notifying
him Of his election as vice president for
RRoDE ISLAND OF the association.
With the communication came neatly
bound book containing the proceedings
of the first annual meeting of the National
Real Estate Association which was held
in Nashville, Feb. IL, Is and 10.
A Big Tenement House.
Estimates arc being made to convert
the big boarding house on Manton avenue,
corner Of Julian street, into thirty five
tenement house with four stores on the
street floor. Architects have completed
the plans aud bids are being received for
the Job. The building win be put in
thorough order, inside and out. The
tenements will he so separated that each
- H. H., .I col fad fr>y. hA
Others. Each tenement will have modern
improvements. It cost $4,000 to erect
the building, which has been used as q
boarding house.
In Olneyvillc.
The Union Manufacturing Company's
property Is selling rapidly at fair prices.
Employees OF the former owners OF the
property are given the preference in buy
Ing aud TO a great extent they have been
the purchasers, although others have
bought.
Electric Motive Power.
The passage of the resolution allowing
the Union Railroad Company to operate
its cars by electricity on the Pawtucket
route will enhance the value OF real es-
tate all along the route. Especially be-
cause the cars to be used are To be smaller
than those nsed on the Broad street
route. they make less noise and are more
desirable. Rapid transit is more probable,
however, to increase the value Of subur-
ban real estate than that in the city
limits.
An Action Sale Tomorrow.
To-mo rrow at noon Isaac l.. Golf will
sell st public auction number of lots on
Potter's avenue, Grand and Seabury
streets. The one who completes the irst
house viii get over s4o0 worth Of furni-
The Market
Some Of the broke rs report slightly
better trade since the middle OF June.
There have been no large transactions,
but liveiier trade than during the first
psrt OF the month. A. L. Anderson sod
recently piece OF property on Cranston
street Just above Dodge
It contained Q. 500 feet of land on which
was an old house. The property was sold
for improvement, and brought $500,
which IN considered very fair price.
This shows that good sales are not con-
fined to any one part Of the city.
The whist Club Notes.