The times. [volume] (Richmond, Va.) 1890-1903, 1902-09-14
eleven STORES
ON MAIN STREET
Allan Lot to Be Changed Into a
Business Block.
FOUR APARTMENT HOUSES
Charter Granted the Richmond Realty
and Development Company.
Wealthy MenAre Behind
the Scheme.

The large plot of Main Street property
recently purchased from the Masonic
Temple Association and the Second Bap-
fist Church by the Richmond Realty and
Development Company, will in short
while be improved by the erection OF
eleven handsome stores, all facing Main
Street, and four modern three-story flats
facing Fifth Street
Plans are now in the hands of the arch1-
tects for these buildings. and as soon as
the specifications are ready bids Will be
asked for and the work started up
The Richmond Realty and Development
Company is a newly organized concern,
with a charter granted but yesterday in
the Law and Equity Court. This charter
provides for capital of from 100000 to
S2Oo,OoO, but the men In the organization
have unlimited means at their disposal
They do not intend to confine themselves
to this one investment, but, as the char
ter provides further, they expect to reach
out and make many similar improvements
and to help build up the city.
HANDSOME STORES
The eleven stores will be of pressed
brick front two stories, with the second
floor shaped for an office building to con-
tain fifty Office rooms. a large hallway
will run through the entire second floor,
making it most convenient for the public
dtlu slIiUSe VINO may OCCUPY Ide OlliCCS.
The entire block will be furnished with
electric lights. steam heat and elevators,
and will have large main entrance on
Main Street
The fiat houses on Fifth Street will be
up-to-date and will have the same light
ing conveniences that will be attached
to the stores and Offices, and will, in adj
dition, have a janitor. All the convent
ences will go with the rental. These
..z1x H.
with granite trimmings.
Already the agents, Messrs. ]. Thomp-
son Brown and Company, through whom
the deal was consummated, have ar
ranged for the occupancy Of some of the
office rooms by an architect dentist,
and a photographers studio. The corner
store will be occupied by druggist.
Mr.. ]. Thompson Brown said yester-
day that no time would be lost In push
ing the work
THE OFFICERS OF THE co.
The officers of the company are: Presi-
dent, Leon L. Strause. Richmond: Vice
President Herman Myer. Savannah;
Secretary. and Treasurer, ]. D. Ledly
Richmond.
The Board Of Directors are, the presi-
dent, vice-pres!dent and secretary and
Messrs. Sligo Myers, of Savannah, and
O. j. Sands, of Richmond Mr.. Roscoe
Z. Nelson, or Richmond, is COUNSEL anu
legal adviser.
The Messrs. Myer of Savannah, are
we'll known here where they have many
relatives and friends. Mr.. Herman
Mver is Mayor of Savannah, and
both he and his brother. are very
wealthy. The other members of the COM
pany are residents Of Richmond, and are
well known and progressive business
men.
The property now occupied by the Sec
ond Baptist Church may not be changed
for two or three years, as the church,
under the contract Of sale. retains pos
session Of the property until the new
house of worship&on Franklin Street has
been erected.
WILL NOT BUILD NOW.
The idea of the erection Of sky
scraping office building al Ninth and
Main Streets by the Mutual Assurance
Society of Virginia has been abandoned
for the present. owing. it is said. to the
high price of material and the scarcity
of labor.