Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-01-29

pprntively few repairs win be- needed.
Houscs substantially and plainly built
cost more than ihmsy houses ut uruumvn'
| tnl design, hut they pay better in tho
oud; outlqys for repairs and painting
Viii exceed the difference Ia the account
for interest Nolghburhoods should ho
compared and their probable future, ua
well as their present responsibility
should Ice considered. " the future can
| br waited for, 10 rs iudicious tu buy ON %
! leading thnroughfure iu preference 10 a
side street The Immediate return may
hp small, hut the prospective advance iu
value iH usually worth much more than
the extra cost II rs well io observe the
effect of new lines for rapid transit,
which. while building mp the suburbs Of
cities. often lower values in The more
crowded dHlrCtH For example, the resi-.
dental streets in Brooklyn, near the
bridge terminus, have been seriously ut-
footed 10y the new elevated railroads,
which have carried thousands of lami.
lies into what five years ago, was the
country.
Insurance should be- ample. and. II the
amount hr nrgc. effected in two or more
companies, only the strongest being sc-
lcctcd. Local concerns. Issuing large
number of policies iu their home dis
trict should hp avoided A single duyas.
tnting IRE. such as visited Chicago aud
Boston, may bankrupt such companies.
Before pnlarging or otherwise altering a
building or In any way changing tho
nature of the Ere risk, II Is advisable 10
obtain the written consent Of the lnsur.
nucc ngont Without this preCuutiOn
the policy may bo worthless iu ease Of
fire. Every insurance policy should be
rcfl by the insurer and the agent will
always explain clause or condition not
clearly understood.
MANAGING REAL ESTATE.
SO much for the purchase aud inur.
nncp of real estate; q word ns 10 its mans
ngemont / cannot do better here than
England woman Of my acquaintance
whose property consists In dwellings
leased 20 foromeu in mills and the bet
ter paid class Of mechanics. When she
has houses 10 let, she not only calls UP
ON the landlords Of the candidates Tor
tenancy, but takes occasion 10 visit those
candidates at home In this way she
day is timed after pay day, aud dila'
tOrincss IN settling is sieruly discour
agad. 1lneA,--ggAnH-- tenant HERS -nlls
a dod, this rcaOurcciul woman found
tk9ugl the charity organization society
d'Nespcrtahle family unable % pay rent,
whom She installed Ia her house for the
winter months When May came, the
stntional Increase. q lease WAS signed on
the ordinary terms, nnd The rent has
ever since been paid punCtuallY. Not
only In repairing her property but In
making Il attractive This woman adopts
a liberal policy, and 10 proves q gnintul
one. Her houses. of wood. are always
neatly painted. the back yurd1 are paved,
aud whenever In the bedroom there was
q chance she has built clothes closet
Experience has shown her who are the
best r0Ofer. plumber. carpenter aud
painter she can hire. she sticks % them.
Charging no more than current rates Of
rent her income last year was ~ per
cent on hcr capital, invested In 1893.
She owes aud means % continue owing,
oue.haf the purchase price Of her prop
erty. She has made II q matter Of cone
science never 90 have less than $500 IN
the principal local savings bank This
with d view 10 contingencies! for houses
might bo vacated Oh her hands during
some wear Of slack work ni the neigh.
boring mills or go unusual outlay might
be- demanded for new roofs drains, or
walls
LARGE MEANS MAKE A DIFFER
ENCB.
or course no wOman If considerable
capital needs 10 supervise property Of
this kind Ia 80 careful a way, Aud yet
what woman or nau for that matter.
Is rich enough ID disregard the lusi
cares Of possession The attempt has
often been made and hna succeeded.
through there boon being no property
left for care The woman who intelli
gently manages her estate soon finds
her task pleasant as weh as Profitable