The Birmingham age-herald., 1903-07-16
REALTY COMPANY
 WANTS ID SETTLE
Mayor Orennen Makes Report on Park Property Matter
TITLE HAS BEEN DISPUTED
MT. Fulenwider Makes a Proposition to the City Which Mayor Thinks Is a Fair One-Will Probab-
 ly Reach Agreement.

One of the most important measures considered by the city council at its regu- lar meeting last night was the proposition from President A L. Fulenwider of the Birmingham Realty company regarding the parks along Highland avenue. The titles to these parks have been in dispute for a number of years, both the city and the realty company claiming them. Mayor Drennen and Alderman Wheeler have had a number of consultations with Pres ident Fulenwider recently to see if some basis of agreement could not be arrived at regarding the ownership of them.
 The result of those conferences was the presentation to the council last night of a proposition from the realty company by which the city will obtain complete possession of the property. The proposi- tion was read and referred to joint committee composed of the park, finan- cial and judiciary committees of the board. with instructions to report on it at the next meeting of the council.
 The Proposition.
 The proposition is as follows, and was submitted by the mayor and Alderman Wheeler as being, in their judgment, very fair basis of settlement:
 Hon. w. M. Drennen, Mayor of Bir-
 mingham.
 Dear Sir-Referring to our several in- terviews in regard to certain plots of land on the Southside about which some question has been made as to the rights of the public therein, in order to settle all questions which have or may here after arise in respect to the parts of these several pieces of land which 1t is claimed have been dedicated to the public as parks, I beg to submit to you the fol- lowing proposition:
 ''The Birmingham Realty company will execute an option in due form to con vey to the city the whole of block SS9 and the whole of block S95 and all of the plot of land lying between Chestnut and Grant streets and Highland avenue; the several pieces of land to be held and maintained by the city as public parks, the city on its part agreeing to pay $491. .54 in cash on the execution of the option-this amount to be repaid to the city by this company on account of the improvement assessment in dispute on block S07-and to pay the further sum of $11,946.35; being the exact amount paid by this company for the Improvements of the streets and sidewalks abutting on this property, in equal installments of one two three and four years, with in- terest at per cent per annum. and upon the payment of the last of said install- ments this company will cause to be conveyed to the city the said property.
 ''The city on It's part is to agree to im- prove and maintain these plots of ground as parks and at its own cost to grade and improve the streets surrounding the same which have not been heretofore improved.
 T think this proposition Is fair and liberal The necessity for these parks must be apparent to you. and the price at which the land is proposed to be sold to the city really does not cover any more than the value of the property. the title to which is manifestly in this company but the Birmingham Realty company desires in dealing with the city to pur- sue the same liberal policy which if has endeavored to pursue in the past. Yours truly. A. l., FULENWIDER.
 President"