The Providence news. (Providence [R.I.]) 1891-1906, 1892-07-15
Another Extension to Blackstone Park Is
Projected-Map of the Proposed Ex-
tension-A Three Days Auction Sale
improvements to Westminster Theatre

The Central Real Ertate Company was
organized Dec 31st, 1890 IL has PAID
from its earnings since starting per
cent. per annum in quarterly dividends,
Notwithstanding the unusual expense to
which 1t has been put in the procuring
of incidentals necessary to the formation
of a company and in that several or the
estates purchased were not properly I'M
proved to pay fair income on the invest
ment and on those new buildings are
now being erected.
The income Of the company will be In
creased about $4,000 this fall from the
rentals Of new buildings now under pro-
cess of construction. This increase OF In
come will tend to increase the surplus
earnings.
The company will not sell stock at less
than 1021s and 1t expects to increase the
price next October.
Following are the directors of the com
pany: Hon. John w. Davis, Lewis w.
Anthony, James l.. Rothwell, Boston;
Edward ID. Bassett, William II. Hall,
Benjamin Tripp Olney T. Inman, George
Ii. Slade and Col. Henry B. Hidden.
Three Days Auction Sale.
-Auctioncer- William H. Herriek- will
close out n number Of house lots on the
West Training Ground plat between
High and Cranston streets, fronting on
Messer, Wendell, Wood, Hudson and
Willow streets and Chaplin avenue, at
public auction, on July Is, 10 and 20. In
addition to these lots strip OF land one
loot wide between the north line OF vii
low street and the north side OF the estate
of West Training Ground plat, contain
ing 97s $40 square feet, will be sold. The
lots will be sold separately and the sale
Is by order of Thomas Greene, receiver OF
the Franklin Institution Of Savings.
This will be al excellent opportunity to
obtain real estate in a rapidly growing
neighborhood. The plat OF the land may
be seen at Mr.. Herrick's Office.
Arnold Farm Plat Notes.
Charles S. Tanner has recently pur-
chased three lots on Albert Avenue.
Ira Whittier has begun q house on AL
bert avenue.
The foundation Is being dug for house
on Albert avenue for George w. Davis.
L. Morton Wilcox Is soon to being a
house on Albert avenue.
the corner of Albert and Pawtuxet
avenues.
George S. Ladd has begun house on
Arnold avenue.
William j. Crossley has begun house
on Arnold avenue.
Preparations are being made to. curb
Albert avenue aud work will be begun
right away.
1t is q fact not generally known that
Albert avenue is named for Albert
Arnold, who was minister to Greece at
one time.
Gen eral Improvements on the East Sido
The layout OF the 200-foot Butler avenue
boulevard In the near future and the pros
poets of other improvements to Black
stone Park is causing general feeling of
interest and inquiry TOR resident property,
and IL is believed that the outlay will be
profitable one to the city.
A pafifiOu rpCautlv sent in fo tho Citv
council bearing the signatures of many
prominent citizens. residents of the west
and east sides, including the Governor,
Chief Justice, bank officials, eto, for the
extension of Blackstone Park to irving
avenue as shown In accompanying map
has been placed in the hands OF special
committees; which has large maps drawn
by the city engineer. The committee has
given prompt attention to the matter.
Prices for the land have been secured,
which they deem eminently satisfactory.
The addition of four or five acres gives
the park an outlet or boundary on grad
ed street whereby access can be gained to
the shore drive which IL is proposed to
layout and grade To Pawtncket The
committee appointed in the interest OF
this movement will report to either branch
of the City Council so on.
improvements ON the Westminster Thea
tire.
The Westminster Theatre Is to be en-
tirely renovated and remodeled. The
seating capacity Is TO be increased TO