The times. [volume] (Richmond, Va.) 1890-1903, 1898-10-20
The Property Secured Extends dag
onaIIy Between These Streets.
ABOUT A QUARTER OF A MILLION
This is approximately the sum said "a
Have Been NEUTRALITY-SUSPICIOUS.
for Other Property in Progress.
The Transactions Hoped To
be Connected with the
New Depot.

property have been made in a certain
portion OF the lower part Of the city. ag-
gregating, according 20 the best obtain
able information, close TO a quarter OF
million dollars.
In addition. IL is reliably stated. nego-
tlations are in progress looking to tho
purchase OF number OF other pieces
Of property.
The object OF these extensive transac-
tlons In real estate can only be surmlsed.
but the hope is entertained and expressed
that II Is I'm some way associated with
the erection OF new depot on lower
Main street, the prospect OF which has
been looming up before the people ot
Richmond for some time.
MADE THROUGH AGENTS.
The purchases above alluded 10 have
been made through agents. and In no
case has the name Of any corporation ap-
peared, The little deeds in some in
stances have been made out 10 A. r.
Smith. and in others 60 AR. Clayton.
the latter of New York city.
SO far as can Dee learned the prices paid
In every instance have been highly salts
factory 20 the owners, and much greater
property been sold for its assessed value.
Several OF the owners OF the property
just sold were seen yesterday evening.
and all disclalmed any knowledge OF the
purpose for which IL was brought but
each one stated that II was his belief
that Messrs. Clayton and smith were
acquiring IL FOR some corporation, and
would. when their mission was COM
peted, transfer the same I'm a block
The property which has either been
purchased or for which negotiations are
In progress extends dlag0nally from
point just east OF Fifteenth and Cary
streets, across Main and Franklin
streets, ending trihe 10 the westward
OF the Chesapeake and Ohio depot at
Seventeenth and Broad streets.
At the starting point pieces OF property
nave been purchased from Nos. lol2 70
1872 east Cary street They extend along
cary street for distance OF 80 feet, and
run back ln depth l30 feet. A portion
OF this property Is owned by Mr.. 7. \.
Jacob the well-known Thirteenth-street
dealer I'm hides. some OF IL by Mrs NJ. II.
Chalkley. and the rest Is occupied by
Mr. r. T. Mayo. tobacco manufactures.
and is a portion Of an estate.
ON MAIN STREET
on the south side OF Main street Il Ia
said that negotiations are IN progress
for the requirement OF several stores.
and will probably be completed within
the next few days.
on the north side OF Main. II was
stated. although the assertion could not
be positively verified that two buildings
have been purchased Immediately below
the ST. Charles Hotel. and adjoining that
building which, II has been heretofore
asserted. has been acquired for some pur-
pose supposed TO be Identical with that
for which the present purchase OF pro-
perty Is being made.
Continuing the route indicated above.
II IS stated that the small building, No.
1903 east Franklin street. on the south
side OF that thoroughfare. has been Sc
cured. although the deeds have not yet
been made
Dlagonally across the street at No. 1872
Is the saddlery establishment OF Mr. JOS
eph c. Dickerson This has been pur-
chased through Messrs. Chewing q
Rose the deeds drawn. and the purchase
money paid over 10 Mr. Dickerson. The
property is transferred 10 A. F. Smith.
Mr.. Dickerson stated yesterday after
noon that he know no one In the transac-
ton except Messrs. Chewing 4 kose
and Mr.. A. F. Smith. though he had his
own Ideas rs 10 the ultimate owners or
the property When he was asked wleth-
ar he would be compelled n move shortly.
he replied that his understanding wlf
that the property would not be needed
by its purchasers FOR an least twelve
months.
Another piece Of property which has
been brought is No. 1914 east Franklin,
iust next 20 Mr. Dickerson's. This was
sold az auction by Messrs. Chewing 4
Rose late yesterday afternoon for the
purpose OF clearing the TITLE 70 tho same.
THE WATT ESTATE.
50 far as can be ascertained the ncgo-
tiations incident 10 securing the property
mentioned have proceeded smoothly and
without a hitch except In one Instance.
that OF the watt estate az Nos 1915 20
1920 east Franklin streets. upon which
stands the extensive plant OF the Watt
Plow Company.
For this property the sum OF N5.0o was
offered and declined. II Is understood
that the owners are not anxious 10 sell.
but would do 80 II large amount was Of
fered
II Is understood 20 be the intention OF
the parties making these purchases 10
continue securing property further north
ward and In a linc extending westward
through and around the northern portion
OF the city.
A number OF real estate agents were
talked with on the subject yesterday az
tern0on. but those familiar with the FUR
poses of the purchasers declined 70 make
any statement
one or them. a member OF a Arm which
has been active IN the purchase of real
estate. said that he had heen AZ work on
this matter FOR two years. but that nego-
tiations had not vet progressed 20 that
point when II would be advisable 10 make
them public.