The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-04-30

rue and Madison-seattle Invest-
nents More Profitable Than
4Asse of Any other Americas city
neafflc's business future and expansion
~ subjects to which l.. G.. Smith a
| vealthy capitalist Of Syracuse. ". Y. IL
Il present giving much attention. Mr.
nth Is the largest Individual owner OF
0oaffIe real estate In the United States
sH Of which he has acquired through his
eopnt, ]. w. elise. within the past two
var. Accompanied by Judge William
Nottingham. a wealthy lawyer of Syra-
<uee who IL also interested heavily in
SEATTLE properties. he arrived in the city
Iste Saturday night.
Ibe visit Of the two capitalists IL for
~ purpose OF arranging for the improve
msnt Of some of their business property
hare, the full details OF which will not be
completed for several days yet. Before
their return home. however. II Is not at
I'll improbable that the announcement
= ether large deals in city property here
vii be made. Yesterday they spent a
sood portion Of the time In consultation
With Mr.. elise, and today II is expected
heir plans will be so far matured that
some additional facts may be made pub
Nc.
OF all the Eastern capitalists who are
interested In Seattle property none are
there more enthusiastic than Mr.. Smith.
VINO, AZ he says, can only speak OF his
Investments as he finds them.
II am GLAD to again be able to visit
seattle" he said at the Rainier-Grand
yesterday. Since ! was here In October
last ] can see a great change. In fact,
every time come l can note an improve
ment
Faith In Seattle Gr0wing.
II am here In the interests OF my prop
erty holdings, rs also II Judge Noting
ham. II was the Judge who first got
~ 70 buy property here. He was very
enthusiastic about Seattle. and on his
recommendation I invested. i have never
besn sorry for It, but. on the contrary.
think have shown my faith by increas-
Ing my holdings every year. My broker
b also interested hero, and Is now
eaIsd IN Improving some Of his south end
Il have been In consultation with MIR.
elise, who II my agent. a good portion OF
the day. but | have as yet not perfected
my plans. Before ] return home l may
b IN position TO speak more definitely.
have. however. authorized Mr.. elise to
90 ahead with the construction OF a build
Ing on my property at the corner Of First
avenue south and Jackson street. There
IN my Intention to erect four-story
brick and stone building, 0xili II will
nciRhborhood OF S50u0.
ION al my other property am arrang-
ing to spend a considerable amount OF
money IN improvements. Property here
n worthy OF modern improvements, and
oil mine will have them.
The only other matter we have dis
GUESSED yet concerns some 100 lots I own
IN squirrels addition to the city of Seattle.
These have instructed Mr.. elise to put
on the market that they may be improved
This will BE- done NJ once He rs also in
structed TO begin work on the new build
Ing ! speak OF at once, and should think
y ought TO be completed within ninety
days. hut, as ! said, l may know more
before leave for home.
stands High In the East.
There IN one thing that can he truth
fully said. The people OF Seattle do not
appreciate how this city is viewed In the
East. There probably never was city
that has been more thoroughly advertised
and the attention OF monied men IL being
Drawn TINS way. J never knew or heard
OF city that was so universally talked
OF From the porter on the train 10 the
tourist and capitalist. everyb body knows OF
seattle and has a good word for H.
Il have been surprised In my Seattle In
vestmcnts. They have proven much bet
ter than ! had anticipated. When ! first
began to acquire holdings here | was not
-.
] had to rely on what was told me /
had confidence then. however, IN Seattle.
and Invested. l could say many good
things about this city. but they are ali
included IN the statement that my invest
tnents here ar" the best l have or ever
had In any state In the Union
II can't see any reason why Seattle
should not he the most important city on
the Pacific coast Its prospects are GER
tainiy very bright | am Informed since
my arrival that Il Is almost an mpoSsi.
hlu's 10 get residence here This Is a
good Indication. There is everything here
70 build up and maintain a great city. n
Ia no, as though ono thing had 10 be de-
PENDED upon. There Is your Klandlke and
tape Nome business, transpactne trade
tina, In the near future IL deatiued TO ~,
a mammoth thing In itself and next an
Interior country ricb In agriculture. tim.
hcF and minerals. I know Of no city tbst
can point H. more resources
There Is no boom In Seattle. n IL N
steady growth In fact, there t. no beo,1
m any city IN The United states All arr
progressive. brought about BY good times
lhef arc. in other words. ia = healthy
business condiiian I viii be herr several
days yet attending 30 matters connected
VITA my property. ana then will return
home"
s1dae Netttashs@'s Views
JndKe Nottingham ike Mr. Smith ia
mere 10 tmpfuVe several 81 his bsisin.s.s
tSvssrstee on First avenue Ito Vas an
earlier investor In SEATTLE real estate. ana
= A. th0renNhiy impressed With It's worth
As X AR. smith
A. 80 ! have pct hal an opportunity
- e"anR.sir my plans" he said In an IN.
terView. ''Air. elise Is handing nay pror-
eFsf, ard heeare "a away I may NOV,
more aHsnssriF what l am Salng 10 30
haNe sfNea essierw totRS. however. for the
NeteI ~ton q Etx-siary hytsk and
St"ae hsaiiinE en my iot az the southwest
eeFney ~ First avenue ena sprins street
~ WI have fFontagr Of sixty fett On
- aNengs aud ATTEND hack ~ rs-t 10
iN~t rtFvei We oahnat h-sstn wofk how.
ever. unin ue cstv has 80 ahlish~i ths
f~se 90 Iost stgeei. just as sooa a.
xss>:s-s-s's-s- s-,sssSs*xs.a:ss.-.s.
] fRANklS.
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