Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-01-02

Tie National Tube Company, which
proposes making further improvements
to their plant at Benwood, has SO far
failed to secure the necessary property
at Boggs' run for the enlargement OF
the plant The company, as has been
stated in the Register. purchased sew
eral pieces OF land north of the plant,
but other property owners, evidently
realizing good thing is in sight for
them, refuse to sell unless they receive
an exorbitant price.
Yesterday the Register was informed
by reliable persons that the main trou-
Bile was with John Lubic, a saloon
keeper, of North Benwood. Mr.. Lubic
owns two pieces of property on which
are two buildings, one of them his sa-
loon. The latter is fair brick build
ing but is not furnished very extrav-
agantly. For these two lots, it is said,
the Tube Company have offered Mr..
Lubic $4,000, but $4,000 is the figure
the gentleman is holding out for. He
claims his property is worth that much,
but has little to say on the subject, ex-
cept to few confidential friends This
figure is beyond reason said a well
known business man of Benwood," and !.
you can rest assured that the company
will not pay it. Besides, there is plenty
of other land in the same block, and it
can be used, with the result that Lubic
will loose the opportunity to sell and
realize fair figure on his investment"
Continuing further the same gentleman
stated that a Wheeling bank has a
claim of something like $4,000 against
the property.
A Register reporter called on Mr..
Lubic at his place of business yester-
day afternoon, but could not induce
him to place a figure on his property.
He would not deny asking $4,000, and
stated that Mr.. Hearne had called to
see him on two occasions, but he was
away. "Other people have given OPP
tons on their property, he said, "but
I will only name my price to members
of the company" When asked if he
had been offered $4,000 by the con-
Germ he would not admit it's being
fact, but his actions indicated that the
report was true.
Another property owner, who is hold
ing out for more money, is James JEFF
ferson. The company has made him
proposition of $4,000, but $1,000 is his
price. His lot is 80x3OO feet and has
dwelling house on it. The Register
man did not see the owner of the prop
erty, but in a conversation with his
brother was informed that he advised
him to accept $4,000. This amount, so
far, has been refused, and as the COM
pany is firm, the deal, as in Lubic's
case, will not go through.
Another important matter which de-
veloped yesterday is very likely to cut
figure in the real estate deals. That
Is the fact that the land assessor has
commenced REVEALING all this property
on which options have already been
given. This official stated that the
land would be valued according to its
owners estimate, and should the COM
pany not purchase the property there
will be quite number paying very
stiff taxes when the sheriff of Marshall
county makes his collections. There is
no doubt but what large number of !
property owners are confident that the
tube company will purchase the entire
block of territory, and are of the opin-
ion that all they have to do is to place
a figure on their land and the price
will be paid. There will be many dis
appointments if all concerned pursue
this course.
Yesterday the Board of County Com
missioners held meeting and appoint
ed committee of three of the members
to meet with the Chamber of Commerce
of this city, when that meeting is held.
The county court of Marshall county
will also be invited to attend, and all
others who are interested in the i'm
being made.
The National Tube Company will
build the proposed addition provided
they can purchase the property wanted
at reasonable figure, and it is now in
order for everybody to work to that
end, and not let Wheeling loose this
plant, which will cost an enormous
sum.