The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1904-09-24
PROVE FAITH
IN PARK SITE
Leading Oakland Real Estate
Dealers Offer $3.50 an
Acre for Any Land as Near
DENY DALTON'S CHARGES
Prominent Clergyman In
dOrses Improvement Pro-
ject in Letter to Mayor
Oakland office San Francisco Cal

Oakland Office san FRANCISCO Call,
1916 Broadway, Sept. %.
To show their absolute faith in the
worth of the Sather tract, for park
purposes, as specified in the ordinance
calling the bond election, and their
utter disbelief Of Assessor Dalton's
statement that the tract is worth only
from rs cents to $3.50 per acre, instead
of the amount the city is asked to pay,
the Oakland Real Estate Association
has made a formal offer to pay five
times S150 per acre for land situated the
same distance as the Central Park
tract from the City Hall.
A certified check for $4,000 was
placed in the hands of Sol Kahn to-
day as a guarantee of the associa-
tons good faith and it's ability to carry
out it's proposal. The association is
composed of the prominent real estate
dealers of the city. Their formal offer
is as follows:
OAKLAND, Cal, September %. 1904.
To Henry Dalton, Henry Rogers, A. d. Pryal
proposed TO be purchased by the city for a
park to be known as Central Park is worth
but 75 cents to $3.50 per acre.
For every acre OF land that you will bring
to us within the same distance that the CEN
ter Of this tract is from the City Hail We
will pay you five times your maximum ap-
praisement, viz: the sum of $3.50. We make
no further conditions other than the title
shall be perfect The land may be in gulch
top Of a HILL on a steep hillside covered
with underbrush, barren, or in a marsh. 1t
may be suitable for park residence sites
or any other purpose and living stream
running through il would not be objection
able
Herewith we have placed in Mr.. Sol Kahn's
hands a certified check for $4,000. and we
hereby authorize Mr.. Sol Kahn as our agent,
to enter into agreements to purchase from you
each and every acre that you may offer him
hasa "a . Ions tn
S100, 600, and he is further authorized to en-
ploy the aforesaid check in making deposits
TO bind such agreements. Yours truly.
OAKLAND REAL ESTATE ASSN,
F. J. Woodward. President; George w Aus
tin. Secretary. n. b Belden.
REALTY BOND AND FINANCE COMPANY,
by Henry Buffers. President; 5. NJ. Dodge
& Son; Holcomb, Breed s. Bancroft, Inc,
Tor Bros. g. Co, j. s. Meyers, George b.
NJ. Gray F. Yandercook E. J. Stewart
liam J. Laymance, Secretary.
The Rev. ]. B. NcNally, pastor of ST.
Patricks Church, has sent a letter to
Mayor Warren Olney, indorsing the
bond project as whole. Excerpts
from the communication follow:
1 believe the bonds will carry 1t would be
pity if they fail. 1t is impossible that there
could be property so near the heart Of our
city as the Central Park cite not worth $1,000
an acre. OF course we will have to pay an
additional Sc every $1,000 annually, at least
in the beginning. but it is a good investment.
This is the place for our park A thousand
dollars does not seem exorbitant. A
lower price would invite suspicion that there
was something wrong somewhere.
/ myself am pleased and fully satisfied
shall vote for every one OF the bonds without
exception. / cannot think of Oakland going
backward. Let US overlook seeming defects
and reach out for the substance. We cannot
fail to be convinced when read the re-
ports of best citizens. and reports, too.
of acknowledged experts, all in absolute favor
and recommendation, with hardly a difference
Of opinion. l am very anxious TO have our
city open up and expand.
/ want to plenty Of employment for the
workers. Dare to do the big thing and do
Il so that you cannot fail. 1 wish to let my
fellow-citizens know that 1 join in chorus
with you, Mr. Mayor, and all jealous citi-
zens. Ny motto is Go ahead on Tuesday
and vote for all the bonds"
The pro-bond meeting which was to
have been held at the City Hall Park
tonight had to be abandoned owing to
the storm, but at a meeting of the
Progress Federation it was resolved
that rain or shine the meeting will be
held tomorrow night. A special band
will be in attendance and everything
done to make the affair a success.