The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-06-19
GOOD PRICES PAID
FOR CITY REALTY
Property Went For It's Full
Value.
SALE YIELDED s48. 1870
CITY HALL CORNER TO BE SOLD
MONDAY.

The sale Of city property at auction
yesterday raised the grand total OF the
values of the pieces sold to S4S, $50. The
sales for the first day amounted to S42,-
I4O; those Of yesterday to $3.50. The
city hall corner was not sold yester-
day, and Will not be offered again till
10 o'clock next Monday morning, when
a number of other residence sites viii
also be offered.
The start-Ofr was slow Yesterday
morning, and there was not the same
interest nor as large d crowd as on
the previous day. The sale did not be
gin till 1880. At the opening AIouzo
T. Hyde asked that in the interest of
J. A. Cunningham the sale of the city
han corner be deferred for one week.
Mr.. Cunningham was compelled to
leave the city on business yesterday,
but wished TO be on hand when the
corner was sold. The request was
granted, and the statement was made
| that the property would not be sold
TIL Monday morning next.
The first piece offered was the lot on
the corner Of Hillsdale avenue and
State street, fifty feet wide by 1886
feet deep. 1t went for 81 900 to G. r.
Holland. who bid in the lot just next
/ TO IT and Of the same size the previous
| day for $3.50 The attention of the
crowd was then taken north on State
streetsto lots Il, L and 13 adjoining the
square set apart by the state for the
governors mansion. These lots were
fifty feet wide and 1875 feet deep, with
an alley in the rear Lots II and -
were bought by the Houston Real Es-
tate Investment company for 81, 140 and
Sl,OIJ- Lot 13 toathe south went to G.
( +. Holland for s. ,075. Lot IA on the
corner of HiIIsdaIe avenue and State.
with width Of Sic feet and the same
/ depth as the others, sold for S1,36O to
I 9. T. Holland This completed the sale
for the day, the five pieces sold netting
S5,65e.
At the meeting of the city council
blast evening two Of the sales made On
the first day of the auction were turned
/ down One of these was the 10X10 rod
lot on the corner of Tenth and H, that
was bid in for $3.50 by L. L. Goddard;
the other was the hfty-fOOt lot on State
street that was knocked off TO q. Z.
Holland for $3.50. All the other sales
we're confirmed by the council. The
deduction of the price of the two lots
whose sale was rejected cuts the total
proceeds down to S47 $50.
Commissioner Westerfeld said he
was reasonably well satisfied with the
prices received for the property sold.
The prevailing opinion of the real es-
tate men Of the city comedies with that
of Mr.. WesterfieId as to values. The
sentiment was that the property as a
rule went for all it was worth, and
( that it would be impossible to dispose
Of some Of it at private sale at the
prices paid the city. Some pieces are
considered cheap.
A little fun is likely to grow out Of
the belllgerency Of Colonel >. 3. Mil
ner. who claims a title TO the 1Ox10 rod
lot on the corner of Tenth and H, that
was bid in by L. L. Goddard on the
first day of the sale. and whose sale
the council turned down last evening.
At the meeting of the council last even
ing City Attorney Stephens was in
stTucted to take immediate steps TO
eject Colonel Miner from the property.
1t was decided to offer this piece for
we'll as the lot on State street, the bid
on which was rejected.