The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-09-23

that such methods should find no Endorsement
in a progressive city. Why should a law be
passed that must inevitably drive capital to
seek investment in other cities? Should such
law go into effect it would be the indorse-
ment of the out-of-date shanties which disgrace
our business streets and an advertisement to
the world OF our Indifference to any material
prosperity. Capital would be diverted to other
cities where no such restrictions hamper its
employment.
George G. Ludington, manager of the
auction department OF Easton Eldridge q
Co., was particularly emphatic. Said he:
l am in favor of letting a capitalist carry
out his inclination to the fullest extent so far
as height is concerned but would have more
strict specifications of construction Tor tall
buildings. I wonder who it is who is afraid
San Francisco IS going to have too many tall
buildings. Rather than pass such a law, l
would for one be in favor of giving bonus TO
the public-spirited citizens who would put US
on a par with the leading big cities in this
respect.
F. D. Marsh of Durham & Marsh said ::
Nine-tenths OF the people received the an
nouncement that The CALL was going to put
up fifteen-story building with feeling of in
tense pride, and the same personal interest
has been taken in the erection of all our nota-
bic business blocks. | am satisfied real estate
agents cannot imagine the backset the passage
of the proposition would give their business,
or anticipate the detriment it would do the
city.
George L. Center said:
can remember when was boy that Glas-
gov, Scotland, had buildings eighteen stories
high which must have risen $50 feet from the
streets. This was forty years ago. Many other
European cities have tall buildings. In the
light of European ideas of architecture alone
the proposed ordinance is ridiculous.
V. D. Duboce of the City department Of
Easton, Eldridge d Co.. said:
If we could only find man who would put
up building a story or two higher than any
in Chicago or New York it would be benefit
to this City. 1t would give US such an adver-
tisement as we have never had, and give silur-
ianism such a backset that it would never re-
yive. People here pooh-poohed at the building
OF the Palace Hotel, and there is a "back- num-
Der set' who viii stand in the way of any en-
terpTise they can not lead or which marks an
innovation.
Thomas Mcmahon, the country land
dealer, commented on the proposed Emita-
ton as follows:
The Board of Supervisors could be engaged
in better business Such tinkering with prop
erty rights is all wrong. 1t would be viola
ton OF man S property rights to say just how
nigh he shall build his structure. Competition
between capitalists should not be stopped,
because that is the touchstone of architectural
Improvement Let us be in error on the side of
too little regulation, if at all. The greatest
Ue6u LOT IRE regulations is III the erection OF
public buildings. In order to render business
structures the most desirable selfinterest
prompts the owners to provide every modern
Improvement The Supervisors will set their
foot IN 1t for once II they pass this measure.
Other agents emphatically opposed to the
proposed ordinance, who could not take
time to discuss the matter were Frank J.
Sullivan, LIE Roy q. Harvey and Charles
G. Fisher.
REVIEW OF THE RECORDS.
There were sixty-eight real estate loans.
made during the week ending Saturday,
September y, amounting to $227 ,175, as
against $159,356 for the week prior. The
principal amounts loaned were the follow
ing: BY the Hibernia Savings and Loan
Society at 81 per cent, $4,000 to Guiseppi
Cappuro for one year on irregular-shaped
lot in 50-vara block los on the south line
of Green street, 1900 east of Montgom-
cry; $4,000 to J. c. and Lulu V. Bothin for
one year on property 81 :6X112:6 on the
west line of Pierce street, 100 feet south of
McAllister; S15,0 to William Hardiman
for one year ON property 49, :6x92:1, at the
southwest corner of Beale and Folsom
streets; $4,000 to Adelaide G. and Clarence
+. Townsend for one year on property 30X
120 on the north line OF McAllister street,
1876 east of Polk.
Other large loans were: By Jerome Lin
coin, trustee of the estate of A. c. Whit
comb, $500 to Isaac Harris, for five years
at 81 per cent, on property 60x109 g, at the
northwest corner of Grove and Van Ness
avenue; by the Pacific Hebrew Orphan
Asylum and Home Society, $1,000 to S. P.
BIumenberg, for one year at per cent, Cd
property 20x55, on the west line of Davis
street, u south of Clay, and property on
the west line OF Tenth avenue, 255:9 south
of street, south 236, west 40, etc. by the
German Savings and Loan Society, $500 to
Catherine and j. G. Classen, for one year
at per cent, on property 2S:9x6S:9
at the northeast corner of Powell
and Francisco streets, and property
"a :4x127 81 on the north line OF Pacific
avenue, 1877 IS east of Octavia street; by w.
+. Goad and A. W. Foster, trustees of
Anna A. and Hazel G. Montgomery, $4,000,
to S. c. and Mary NJ. benson for one year
at ~ per cent on property 36X100 at the
northwest corner of Jackson and Broder-
lex streets; by the City and County of San
Francisco (RObinson bequest fund), $10,
600, to W. B. and Mary NJ. Bradbury for
ten years at 81 per cent on S7:6x31 % at the
northwest corner of California and Polk
streets, and by the California Title Insur-
ance and Trust Company, $135, 900, to ia
cob Schlosser for one year at 81 per cent
on property 81 :6x137 IS on the west line of
Taylor street. 100 south of Suffer.
The releases from mortgages recorded
during the same time numbered nifty, and
represented $3.50, 349, while those granted
the prior week amounted to $1S0,528. The
most important were the following: By the
Hibernia Savings and Loan Society, $4,000
on the property of F. H. and D.. H. Wul-
zen, on the north corner of Second and
Minna streets. 60x74; by the Eureka Loan
Association, $4,000, on the property of
J. C. and L. V. Bothin, on the west line of
Pierce street, 100 south of McAllister,
37:6x112:6; by the Hibernia Savings and
Loan Society. $50, 600 on the property of
Isaac Harris, at the northwest corner of
Grove aDd Van Ness avenue, 60x109:9; by
the Occidental Loan Association $4,000 on
the property of NJ. Friedman on the west
line of Hyde, 1916 south of Bush, 25xS7 IS;
by Adolph and Henry Cailleand to S. 2.
Blumenberg, $32, 900 on his property on the
south line of Hayes, 140 west Of Webster,
and $4,000 on his property on the north
line of Pine street, 1871 west of Kearny,
west 24:10, north 81, east 8, etc, by the
San Francisco Savings Union $4,000 on
lands of St. Luke's Hospital on the east
line OF the old San Jose road; by Henry
Root $4,000 on the property of William
Hinkel at the northeast corner Of Clayton
and Frederick, north 20, east 1868,
south $50, ETC., and the Hibernia Savings
and Loan Society $3.50, 900 to Joseph Rosen-
thai on nrODerfv 50Y165 On tho soutbe OF