The morning news. [volume] (Savannah, Ga.) 1887-1900, 1900-04-17
REALTY AT BRISK PRICES.
FIRST SPRING SALE SHOWED LIVE
LY DEMAND FOR LOTS.


Mr.. John l.. Archer's Sale at the
Meadows Developed Spirited Bid
dinS-A Number of Lots Sold at
Prices tier Than Expected lite
Lowest Price Per Lot $40 aud the
Highest $3.50 - Mr.. c. A. Gibbes
Bought a Whole BfOck-R umored
Will Open and Pave Henry street
to the Catholic Cemetery.
If the opening spring sale of lots can
be taken as an indication, the real estate
agents are in for big season. The first
sale was by Mr.. John L. Archer at the
Meadows yesterday afternoon. While the
attendance was not large the bidding was
very lively, and the lots went at higher
prices than was anticipated Mr.. Archer
has developed surprisingly as an auc-
tioneer since his opening sale less than a
year ago. and displayed abilities in this
line which was hardly expected, even by
those most interested. He seemed to have
the crowd with him all the time.
The lois were those of the Meadows
tract on each side of Albert street, the
first east of the Waters road. This popu-
lar little settlement seems to have found
great favor of late, due partly probably
to the fact that being just outside of the
city limits the residents enjoy all the bene-
fits of city residence without having city
taxes to pay. The rumor that the County
Commissioners intend to open Henry
street to the Catholic cemetery and to
pave it with gravel may account for the
eagernesS of the buyers. The handsome
improvements already made there by lot
owners doubtless explains the rest.
Mr.. Archer announced that his terms
were So cash, and s. a month with in
terest at the rate of per cent. These
very reasonable terms were also an in
ducement to the buyers, and account in
some part for the readiness with which
bids were made. 1t was stated at the
opening of the sale that Mr.. Charles A.
Gibbes had bought at private sale the
ten lots adjoining his handsome residence
nounced his intention of converting the
lots into private park This, of course,
tended to enhance the value of adjoining
property. The lots are 80 by 116 feet except
the corner lots which are Sc by 116 feet.
The first sale made was that of four
lots, being the remaining lots on the north
side of Henry street, east, of Albert
street, to Mrs. Johanna Roman widow of
the late John 7. Roman, at $3.50 each. 1t
was stated that Mrs. Roman intends to
build Immediately The lots are imme-
diately adjoining the property of Mr..
Joseph Cops.
Crossing Albert street, Mr. Archer sold
three lots on the north side of Henry
street to Mr. Lambert Germany at $3.50
each The two adjoining lots were sold to
Mrs. A X. Porter at $455 each. The next
two lots were sold to Mrs j. P. Gayou,
at $40 each, and were shortly afterwards
resold for the benefit of the purchaser for
$425 each, to Mr.. George H. Waring.
Mr. Archer then crossed to the south
side of Henry street. where there was
some very lively bidding for the two lots
at the southeast corner of Henry and AL
bert streets, a lady and a gentleman be-
ing the competitors, the result being that
the lots were knocked down to the latter
at $3.50 each. The third lot on the south
side was sold to D. Even McCuen, at $3.50,
and the next two adjoining to Mrs. j. p.
Gayou at $50 each. The next lot on this
side was sold to Mr.. o. Mara at $40. This
was the last sale on Henry street, Mr..
Archer announced that the investment
company was willing to keep the remain
ing lots there at the prices fixed by the
sales
The auctioneer then crossed over to
Duffy street, where the second lot from
the corner of Albert street on the south
west side, was sold to Mr.. r. j. Davant
for $lS5. Mr. Davant bought the corner lot
at $3.50, and two adjoining lots at S495 and
$iS5. Mr.. c. A. Branch bought lots 142 and
143 on the same side at $435 each.
on the north side of Duffy street three
lois were sold to NJ. E. Trapani at S40C
each. Lot 104, across Albert street, was
sold to L. B. Greer for $780, The adj
joining lot was sold TO r. w. Adams for
S405. Capt. ]. D. Boyle purchased two
lots at the southwest corner of Duffy and
Albert streets for $425 each. Mr.. F. S.
Lathrop purchased lots 1876 and 1877, adjoin-
ing Mr.. Horace Rivers residence, on Duff
fy street. "a $615 each. Mr. r. S. Clag-
horn purchased lots 124 and 125, adjoining
his own residence, on Duffy street, al $605
each. This concluded the sale.
Notwithstanding the reasonable terms
offered, those interested had good reason
to be satisfied with the results of the
sales, the prices being even better than
had been expected. This section of the
city has built up very rapidly within the
last year a number of new and hand
some residences having been erected. All
the indications point to The Meadows as
one of the most popular suburbs of the
city.