The Providence news. (Providence [R.I.]) 1891-1906, 1892-03-09
NEWS OF REAL ESTATE.
The Boston Store Land Company's
Bill of Incorporation.
THE lNTERLAKEN MILLS SALE.
Real Estate Notes-Increasing Activity I'm
Real Estate Circles Tenement Houses
I'm Transactions N Real
Estate and Intentions to Build.

A bill was introduced in State Senate,
on Feb. 18th. petitioning for the incor-
poration of the Boston Store Land Com
pany. After having been duly referred to
the committee on corporations it was re-
ported back and continued until the next
session of the General Assembly. The
bills reads as follows:
SECTION l. Walter Calender, John Nc
Auslan and John Il. Troup, their success
sors. associates and assigns, are hereby
crea ed a corporation for the purpose OF
acquiring, holding, improving and con-
veyng real estate and for the transaction
of any business connected Herewith or
Incidental thereto, by the name of the
Boston Store Land Company" with the
powers and privileges and subject to all
the duties and liabilities set forth in
Chapter l52 in the Public Statues, and In
any acts in amendment thereof or addi-
tion thereto.
SECT. q The capital stock of said cor
poration, divided into shares OF 500 each.
shall be in a sum not exceeding sJOO,OOO TO
be fixed from time to time by vote OF the
corporation.
SEC. 3. The stock or shares of every stock
holder shall be pledged and liable TO the
corporation for all debts and demands
from such stockholders to the corpora
tion and whether over due or due at a day
future and whether arising from Install
in shares may be sold for the payment Of
such debts in such manner as the bylaws
of the corporation shall prescribe. and in
case the proceeds of such sale shall be in
sufficient TO discharge such debts or de-
mands and incidental expenses the corpo-
ration may have it's action against the
debtors for the balance due.
SEC. 4. Said corporation shall have
place of business in the city of Provi-
dence.
SEC. s. This act shall take effect on its
passage.
The petitioners are Walter Calender
John McAuslan and John +. Troup.
The Sale of the Interiaken Mills.
BY far the most important transaction
In real estate during the year in this city
or vicinity was the sale of the Interlaken
mills at Arkwright TO the Winterbottom
Book Cloth Company, limited, of Eng
land. The price has not been made public,
but it is understood TO be large one,
although not in excess OF the real value.
BY this purchase the Winterbottom Book
Cloth Company controls the entire out
put of book cloth in the world, the concern
having ten factories located in England
Germany, France and America. The In
terlaken Mills were capitalized at $1,000
and employed about 225 hands. Negotia-
tions have been going ON for a considerable
length of time between the Winterbottom
Company and the Interlaken Mills Com
pany, but the final transfer was made
March l.
Although during the winter the activity
in real estate circles was much greater
than usual for the season, yet IL is daily
increasing and spring bids fair TO be "A
most active time The list of intentions
to build is weekly getting longer and
everything points to most prosperous
time for the builder, contractor, architect
and real estate man.
Building operations are not confined to
Providence alone, but the activity is great
in all parts of the State. IL is reported
that two large tenement blocks will be
erected at Portsmouth for the accommo-
dation of the operatives of the Worcester
Steel Company, who are 60 remove their
works from Worcester TO Portsmouth and
locate them on the coal mine estate, which
is owned by the company.
Transactions In Real Estate.
The following are the transactions in
real estate for the week ending March 5 4:
Mortgagee of Jeremiah sullivan and
wife sold to Michael Holland and wife
estate on Barney street for 5000.
Mortgage OF j. w. Whaley sold to j.
A. Whaley leasehold estate on Mill street
for 5000.
a. ID. Palmer sold to w. H. Gale estate
on Pine and Page streets for 500.
Richmond Land Co. sold to Catherine
foleW loc on valley street Tor $40.
Also sold to G. L. and A. Il. Hewitt lot
on River street for $40
j. l.. Cannon sold to Bridget Murray
two lots on Potter's avenue for $40
Leon Bromsky sold 20 Mary Shulsky
estate On Webster street for $780,
II. G.. Mackinney sold TO Joseph Bani-
gan five lots on Waterman and Douglas
streets for 81 900.
f. Il. Rand and wife sold to c. III. Blake
one-half lot on Atlantic street for 500.
W. X. Randall sold to Hakan Landin
aud wife estate on Briggs street for 500.
Intentions to Build.
The following notices of intention TO
build have been received at the city engi-
neer's Office during the week ending
March 4, 1892: j. j. Hoey, Linwood
avenue; John Mahady, Cargill street.
Mary Il. and Winfred Degnan. Bernon
street; :. w. Gammons, Vermont avenue;
Samuel Pyke, Angel street; Mrs. Gather
inc O'Donnell, corner Thurbers avenue
and Blundell street; William Frazer and
wife, corner Manton avenue and Pelham
street; George A. Youlden, Eddy street;
Joseph McGeochegen, Atwell's avenue;
j. +. Oats High street; Mrs. Matilda
Mason, Kenyon street; II. NJ. Kenyon
estate, Summer street.; Michael Hanley,
Lisbon street.