The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1905-08-06
WATCH THIS BURG
It's to Have a Southwest
Greensboro.
Philadelphia and Norfolk Men will
Build 1t. To Have All the Con-
venienceS of the Modern
City.
Especial to News and Observer

Especial to News and Observer
Greensboro, II. c., August 5.-Mil-
likan and Balm, real estate dealers.
have just closed a big land deal with
a party of Norfolk and Philadelphia
capitalists. These men are going to
develop the property and build "a
Southwest Greensboro. 1t embra ces
land on the West Lee street extern
sion south of the, railroad, and run
ming through the Kelley farm prop
erty two miles and u half from the
city center, south of the fair grounds
and near the Southern Railway shift
ing yards at Pomona. Last night the
board of aldermen approved u Teso
luton of the City Light and Water
Commission to allow the water mains
to be carried to the property at the
expense of the promoters. This deal
has been in embryo some time, but
was not consummated until this
morning.
Besides being delayed in
closing the option by the non-action
of the city board of aldermen con-
corning the water privilege the COM
pany has been awaiting the signing
of a contract by all the parties inter-
ested for the extension of the electric
car line through the property. 1t is
now announced that the Greensboro
Electric Company, which recently in
creased its capital stock from $3.50
600 to half a million dollars. will at
once begin the construction of an eX-
tension from South Elm street at
the railroad crossing, through the
South Greensboro lumber district,
down West Lee street to the new city
connecting with the main line at Fair
Ground Avenue, making a belt line
around the State Normal and Indus
trial College. 1t is not known how
much money has passed hands in this
real estate transaction, but it is said
that the Kelley farm property which
Mr.. j. w. Nicholson purchased two
years ago for $4,000, was taken at
$1S,500. Mr. Nicholson came here
from Halifax county two years ago
when he made this purchase, and
many said he had made a mistake.
Now they are saying he ought to haze
gotten $4,000 for the place.
Mr.. w. r. Land and c. w. Jennings
celebrated their first days opening IF
a joint real estate business by pur-
chasing of Mr.. Isaac Ernhardt, IF
Spencer, a valuable lot of land near
the Spencer depot. paying $4,000 for
it. There is about forty acres in the
plot, and they consider the trade a
fine one.
The business of the Goose Grease
Liniment Company has grown so they
have had to occupy new qaurters in Il
two-story building near the railrOaT
moving yesterday from their up town
Offices
Mr.. Edgar d. Broadhurst. former
superintendent of the city graded
schools here, and Mr. d. p. Stearnes,
practicing attorney of Kinston,
opened a law office in the Garland
building this morning and will prac
tice under the firm name of Broad
hurst & Stearnes.
An Awful Democrat Beat.
There was CONSERVATION in the
camp of the Madison county colony
who hold Federal offices in this city
this morning when the news came that
Madison's big giant and noted athlete
Tom Frisbee had been completely
winded and defeated in a wrestling
match in Asheville last night by lit
tie Jap. For days these gentlemen
had been Dragging on what "our big
Tom" would do for the heather
Chinee, and they backed their roofing
for him with what money they could
get takers for.
They are of course Republicans.
and this morning while being ''guyed'
numerically by those who didn't
come from Madison, it occurred 10
one of the former respondent and hui
inflated Madisonians to get crumb
of comfort and he blurted out: Boys,
Tom Frisbee is one OF the meanest,
rottenest Democrats in Madison coun-
ty. and I'h id glad he's beat
Burglars broke into the general
merchandise store of Charles Dewitt
on Walker Avenue last night and
made a big haul of goods. and no
trace of them has yet been made