Evening star., 1902-02-07
Foundry Methodist Congregation Ac-
cepts NE Walsh's Offer.
OFFICE BUILDING 10 OCCUPY SITE
Decision ReachedsLast Evening at
Meeting of Quarterly Conference.
18 PER SQUARE FOOT

The Foundry Methodist Episcopal Church
property, 14th and streets northwest. has
been sold. Mr.. Thomas E. Walsh is the
purchaser and the price paid was 100000
cash. 1t Is understood to be the purpose
OF the purchaser to erect an office building
on the site in the near future.
Inc decision to accept the offer made by
Mr. Walsh some time ago of $1S per square
foot for the property was reached at
meeting of the quarterly conference Of the
church held last evening The Rev. DR.. HI.
R. Naylor, the presiding elder OF the dis
trict, was the chairman of the meeting,
which was prolonged to late hour. The
subject had been before the church authori-
ties for some time.
At meeting of the quarterly conference
held six weeks ago resolution was adopt
ed that the time had come to sell the church
property and move up town.
TWO weeks ago the offer of Mr.. Walsh
was considered at meeting of the quar-
terry conference and 1t was then decided
not to accept It, Since then the trustees
nave had the proposition under further
consideration and finally they reached the
unanimous conclusion that it would be to
the advantage Of the church to accept the
oner, which was the only cash proposition
that had been received.
Ine board OF trustees now consists OF
SIX members. Mr.. R. II. Willett, who died
recently was a trustee. All the members
were present with the exception of Mr.. r.
I. Morsell, who Is confined to his home by
sickness
The personnel Of the board is B. H. stine-
metz. w. e. Chandler, r. T. Morsell, A. NJ
Smith, L. A. Harding and I. o. Ball.
Much Discussion Preceded Result.
After discussion of the subject last
night the decision was reached to recon-
slider the action taken at the meeting two
oEo
the acceptance Of the offer, and by vote
OF 22 to 6 the resolution was adopted, and
the sale of the church property was decided
upon. Owing to the lateness of the hour
no further action was taken.
1t is expected that at the next meeting
some action will be taken looking to the
selection of a new site and the erection of
suitable building.
With 100000 to the credit of the church
1t Is expected that a new edifice can be
balance will be left.
The Foundry Church property has a
frontage of 1853 feet ON G street and 95.3
feet on 14th, and contains 1881 square
church building and parsonage. At the
price agreed upon the actual amount Of
the purchase price to be paid by Mr.. Walsh
Is $203,77S and the net sum received by
the church will be 100000.
New ONCE Building on Site.
AS soon as the title papers can be pre-
pared it is expected that the transfer Of
the property will be made Mr.. Walsh is
man of large means and has already in
vested quite extensively in Washington
real estate. He owns the Oxford Hotel.
near New York avenue and 14th street,
and Is also erecting a. spacious residence
for himself at Massachusetts avenue and
21st street.
Mr.. T. A. Wickershan, Mr.. WaIsh's agent,
told Star reporter this afternoon that
while the plans of Mr.. Walsh in regard to
the Foundry Church property have not
been fully matured, the probability Is that
he will in the near future remove the pres
ent building and begin soon the erection Of
modern ffre-proof office building. Mr..
Wickersham added that the first floor would
probably be planned for use as stores.