The morning news. [volume] (Savannah, Ga.) 1887-1900, 1899-08-02
AUGUSTUS AUCTION SALES.
SUBURBAN AND WEST END RAIL
WAY PROPERTY SOLD.


Hands and Owners-s., T. & 1. Rail-
way Bought the Suburban and
west End for So, 2JO-DiSpensary
Property Bought in by Present
Tenant for s3.27J-Other Realty
ana Personally Under the Hammer.
The August sales before the court house
took place yesterday morning. There
were number of pieces of properly to
be disposed of that had more than a pri-
vate interest in their ownership and In
consequence, besides those who came with
purely speculative intent, there were a
number who came to watch the direction
OF The wind.
The Suburban and West End Railway
was sold upon foreclosure proceedings in
sututed by the trustee for the bondhold
ers. Mr.. w. F. McCauley TO the Savannah.
Thunderbot and Isle of Hope Railway.
The road was bought in by Mr. D. C.
Barrow for the railway company after
sharp bidding, for s. $50. The property
known as the odd city dispensary" was
bought in by the present occupant, Mr..
James Grogan, for 1925. Besides these
sales, of more general interest, there were
a number Of other pieces of property that
were put on the market and found more
or less ready purchasers.
The dispensary properly was sold by
City Marshal John Power, at the request
OF the members of DeKaib Lodge of Odd
Fellows. A majority of the shares of the
company controlling the Metropol tan Hall
Is owned by The ledge. The dispensary
properly fronts on Whitaker street. at the
southeast corner of State. and the hail
owned in large part by the lodge adjoins
it on the south. The lodge had contemplate
el buying The property and so increasing
the size Of the hall, by building upon its
new holdings, that 1t would be suitable
for larger gatherings than can be accom-
mojate1 at present. For this reason the
lodge members had asked that The proper
ty BE- rut upon the market which Marshal
Power agreed to do, fixing upon it an up
set price Of $4,000 below which il could not
be sold. The lodge held a meeting Monday
night at which he question was to have
come no for consideration, but on account
of the failure of quorum, nothing could
be done. No action was taken by the lodge
and In consequence when the property
was put up II had no representative on
hand to make a bid in its behalf This
failure of action, considering the price
which the dispensory property brought. the
lodge VIII probably have reason to regret.
The bidding was started off by Mr. G..
w Owens, who offered the upset price
of 5000 for the lot and building. Mr.. p.
J. O'Connor, representing Mr.. Grogan,
raised this offer S25 and the bidding con-
tinued a this rate between Mr.. Owens
and Mr.. Conner until the property was
finally knocked down to the latter for
$5275. While this is considered a fair
price for the property 1t is certainly not
exorbtant and it is equally certain that
Mr. Grogan has made good Investment.
He is the present occupant and conducts
there a cleaning and dyeing establish
ment
There was some sharp bidding for the
Suburban and West End Railway, which
was finally bought in by Mr.. Barrow. 1t
had been currently understood that Presi-
dent Parsons of the Savannah, Thunder
bolt and Isle of Hope Railway had bought
in a majority of the bonds of the COM
pany some time ago and that the sale was
virtually in his interest Mr. T. r. You
mans Of the firm of Youmans & Dem
mond, conducted the sale. making his
initial appearance at the court house sales
in his new limo of business.
The bidding was started by Mr..
John L. Archer, who offered $500.
After that the contest for the property
was between MIR. Barrow and a represen-
iative Of the Isaac Joseph Iron Company.
between whom the bidding was fast and
furious Mr. Barrow made his bids for the
Savannah, Thunderbolt and Isle of Hope,
and the deed to the property will be made
out to that company.
The Suburban and West End will be OPP
Grated by he Savannah, Thunderbolt and
Isle of Hope as part of lis system When
asked about the matter General Manager
Lotion SAID that he was NOT prepared to
make a definite statement for the com
pany in regard 10 the matter, other than
that the road viii be operated by electric
itv. that il viii be put in good condition
and that the schedule will be all or more
than The volume of business viii warrant
II is the intention of the company, Mr.
Lotion said, 10 endeavor TO please the
patrons of the road within all demands
tFat reason win approve or excuse and
its desire to succeed in this effort. How
ever. plans have not been matured and
time alone Will demonstrate what is to
be done
Considerable interest attached to the
sale of the property of the estate of the
late Gustave Fox, which was offered by
the administrator through Mr. l. D. La
Roche. The property consisted in large
parts Of stocks and bonds and some OF
these sold for prices that We're as surpris-
ingly large almost as some others were
disappointiugly small. For the stock of the
National Bank of Savannah and the Sa-
vannah Brewing Company there was live
| ~ competition and good prices, several
points above those quoted on the streets,
I were obtained
There were e,even shares of the stock
| Of tho National Bank and these were
/ knocked down at last 10 Mr. ]. J. Dale
/ for Sl39.50 per share. The fortyfve
shares of the stock OF the Savannah Brew
4 ing Company were SOLD to MIR. G. w. Ow-
! ems for $l05.50 per share A 500 bond Of
/ the issue OF the Savannah Volunteer
| Guards. secured by mortgage on their
| club house and armory, was knocked down
90 Mr. John L. Archer for SIS Ninety
/ eight shares of the Electric Supply and
/ Construction Company went to john
/ Grimm at the uniform price and rate of
! ] cent. a share. Mr.. Owens got five
! shares Of Savannah Cotton Mills stock at
! cents each. . share of the stock of
| the Chatham Brewing Company was pre-
! sented to MIR. Grimm FOR a consideration
| OF 10 cents and he also got a share of