The Birmingham age-herald., 1905-03-25
TERMINAL COMPANY SECURES PROPERTY Understood That More Than 1000 Feet Was Bought BIG OPTION IS REFUSED Plans Are Being Drawn for the New TweIve-story HoteI-Real Estate
 Market Is Active-Big
 Deals On.
BIG OPTION IS REFUSED

It was announced yesterday that the Jobbers Warehouse and Terminal com pany had purchased several weeks ago a lot on the northeast corner of First avenue and Fifteenth street, 200 feet on First avenue by 14O feet on Fifteenth street. The price paid has not been made public.
 This same company is understood to have recently acquired more than 1000 front feet on centrally located property. The prices paid have not been made pub lie, but the recent purchases are said to amount to more than $150,000.
 Several well known men in Birmingham are interested in the purchases and there are all sorts of rumors as to what in- terests are behind this requirement. of property. There is depot talk; talk of d great wholesale section, and talk to the effect that certain railroads expect t. locate freight depots and other facilities for handling business in this section.
 The real estate market in Birmingham is more active than it has been h. many months past. MT. George A. Blinn has just purchased from MT. and Mrs. George C. Whatley a lot on the southside of Second avenue between Eighteenth and Nineteenth streets, fronting % feet on the avenue and paying for the same S25,OO0. or 5000 front foot.
 MT w. J. Dangaix yesterday declined to g.ve for handsome consideration a thirty days option on his property at the cor ner of Fourth avenue and Nineteenth street, 150 front feet by 140 deep, for Sl25,000. Recently a lot, 100 feet front by 140 deep on Fourth avenue and Twen- tieth street was sold for the purpose of erecting the proposed new hotel, the price of the lot being $so,OO0
 Plans for New Hotel.
 Speaking of this hotel, it is said that the plans are now being drawn and that the structure will be something like twelve stories and of the most modern construc- tion. Recently gentlemen connected with the enterprise were in New York and have secured plans of all the most mod ern hotels of New York as well as those of Chicago and other cities. The new hotel will be built on the latest plans and will have all the modern improvements, being of course thoroughly fire proof.
 Several options have been secured in the past two days on central business prop erty. This class of property seems to be in great demand at good prices. Prospec- tive purchasers are in the market for property which can be improved with substantial buildings and rented on good interest basis. There is no boom in the situation and apparently very little outlying or acreage property is changing hands. The activity seems to be in the central or business section of Birmingham and in the best strictly residence sec ton.
 Real Estate Transfers.
 The following are some of the other large real estate transfers filed in the probate court:
 William M. Martin to s. and I. Sangui- netti lots Nos. 2 and 8, in block No. 145, Birmingham; consideration. $6500.
 Mrs. H. D. Hewitt to L. and J. Burger, lot No. IA, in block No. 119, Birmingham; consideration, $30O0
 William M Martin to J. J. George, lots Nos. and z. in block No 145 Birming ham; consideration s3500.
 J. F. B. Jackson to Mrs. Eula B. Oliver, lot No. 10, in block No. IFS, Birmingham; consideration, $1000.
 Ben Meyer to Augusta l.. Poe. part of lot No. 2, in block No. 749, Birmingham; consideration, s1500.
 William F. Wier to w. J. Maxwell a part of lot No. 1, in block No. 5. of J. M. Weir's survey; consideration. $2S5O.