The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1901-05-14
REAL ESTATE A

considered a good investment. as is
evidenced by the many purchases that
have been made not only in very re-
cent years, but in the past few months
by those who reside here. Young
men have invested their surplus
means in property because they feel
assured that it will not decrease and
there is no better investment. Older
people, instead of "bucking" the board
of trade, have bought up real estate
which will yield them good percentage
of interest. Rents have always COM
manded good price and buildings have
brought their owner fair money on
the investment.
The best piece of news that has
reached the real estate market in
years is that received a few days ago
by l. D. O'Donnell, local manager for
the Minnesota and Montana Land and
Improvement company from the east
ern headquarters in New York, notify
ing him to raise the price of all their
lots 80 1-3 per cent. The company fur
Their stated in its letter of advice that
it had sold 157 town lots IN Billings
to parties in the east. The lots IN
question are located just north of the
fair grounds. The company did not
state whom the purchasers were. Some
here are of the opinion that the lots
were bought up by the Burlington rail
road, which might be figuring on en-.
larging its yards in the northern part
of the city.
One of the largest sales Of farm
property made for some time was that
of yesterday wherein Haid Bros. SOLD
to VIM. Phelan 800 acres ten miles
west of the city, the consideration
being $500. Mr.. Phelan is one of
the new settlers in this county, hav-
ing come here recently from Michi-
gan with his family.
Among the recent sales Of valley
and are the following reported by l..
D. O'Donnell: The Billings estate to
l.. B. and |. D. Whitney, late Of Lew
istown, this state, a ten-acre tract.
Lodge, two ten-acre tracts at 800 an
acre. This land is cultivated, and
the sale includes the water right also.
Mr.. Foster will remove to his newly
acquired possession ana make it his
future home. He will build a fine resi-
dence. Billings estate to J. A. Banta,
ten acres. Mr.. Banta is another of the
new settlers; the Billings estate 20
Peter Van Houten, 20 acres, and O.
E.. Bleiler Of Canyon Creek ten acres.
Other large sales have been record
ed as follows: The Billings estate to
J. E. Smith, 800 acres; to Claude Lacy,
so acres; to P. w. Waugh, 80 acres;
to ira Stinson, 100 acres; to John
Horne, 100 acres; A. O'Donnell, 100
acresto Ed. Corbett, Of Maiden, 40
acres; t oGus Peterson, 40 acres; to
Harry Rees, 100 acres; to A. D. Hast
ings, 100 acres and to s. H. Hastings,
100 acres.
The real estate agency of T. A.
Bouton reports a few sales in town
property, which he states is holding up
pretty we'll in price. During the week
just past he sold to F. H. Judkins
the improvements on the ranch Of w.
j. Hurlbut in Carbon county. Mr..
Hurlbut has relinquished his filing and
Mr.. Judkins has filed on the land. Mr..
Judkins intends to remove to Car
bon county in the fall and make his
future home on the ranch. In addi-
ton to real estate sales, Mr. BOuton
the sale of $500 head of mixed
yearling sheep from Ed. O'Donnell to
A. j. Meeks of Crook county, Wyo, at
s2.75 per head.
Austin North reports the sale of sew
eral choice residence properties the
past week and has also sold far more
than the usual number of the popular
northside Burlington town lots, both
for cash and on the company's liberal
terms. Mr.. North yesterday sold and
conveyed the former Brown cottage
On North Twenty-sixth street to Mrs.
S. Cochran, who will take
possession at once. This cottage is
.ichly decorated throughout with gilt
ind light color paints and is without
question the best finished in the city.
Auction Sale.