The Birmingham age-herald., 1905-09-10
FIFTEEN STORY BUILDING IS ID
 BE BUILT HERE New Structure Will Occupy Present Site of Linn
 Building PROPERTY BROUGHT
 NEARLY S175,000 Burnett Cigar Company Sold Its Lease On the uround Floor and Base- ment of the Present
 Building.

Birmingham Is to have another sky scraper' office building.
 It will be fifteen stories high, and will be erected on the Linn building site' o6 feet by 100 feet, on the northeast corner of First avenue and Twentieth street, diagonally across from the Woodward building.
 The skyscraper will represent an ex- penditure of s500,00o
 Of this amount s173,500 will be paid for the Linn building. which will be torn down, and for the site upon which the new structure will be erected. The bal ance will be invested in the new sky scraper.
 The capital is to be furnished by Phil adelphia investors.
 Men Behind the Deal.
 The project originated with Brown Brothers and company, the Birmingham real estate firm that negotiated for the construction of the Woodward building, the First National Bank building, the Jef- ferson hotel and the real estate end of the new union passenger station. Asso- ciated with Brown Brothers and com pany in the deal is Otto Marx, the banker and broker.
 Brown Brothers and company handled the real estate feature of the negotiations, namely, the purchase of the Linn build ing site, and Otto Marks secured the money required to put the plans through.
 Both Otto Marks and Wilson Brown, the head of Brown Bros. &. Co.,, declined yesterday to discuss the matter or to dis close in any way what they had done. Like the congressman who was caught with the goods on,' they were dumb. silent, speeches., mute and not saying a word.''
 Met With Difficulties. The deal was accomplished with many and various difficulties, all of which were overcome by the resourcefulness of the men who engineered the project. The fact that the Lynn building, which will be displaced by the skyscraper, is well oc- cupied and that the ground floor and base ment corner are leased to the R. D. Bur nett Cigar company for number Of years, complicated the situation. Aftei | a great deal of negotiation, the Burnett l company sold It's lease to Brown Bros and Marks.
 The terms of the sale have not been IIldue puDllC by elIneT NIT. DIOWu MI Marks or MT. Burnett, but 1t is generally | understood what the terms are. What Burnett Gets. 1 The R. D. Burnett Tobacco company | pays a rental of $625 month for its pres | ent quarters in the Lynn building. Its lease runs for four years more. The Bur I cit company agrees to release it's lease January 1, 1906 Under its contract with | Brown Bros & Co and Otto Marks, the Burnett company will be paid a good round sum of money cash down and will l be given a ten years lease on portion ol | the ground floor and basement of the Lew building. The rental to be paid Ds | the Burnett company for the first five l years of it's new lease will be about one half wha' is paid now, or approximately $500 a month. For the next five years the Burnett company will pay a higher rental. The contract stipulates that the Burnett company's new lease will begr l October 1, 1906-one year and twenty days from today.
 Building to Be Beauty.
 The new skyscraper will, therefore, bs ready for occupancy October 1, 1906. Il will top every building now in Birming ham, and in style and finish will be ar architectural ornament to the city, sur passing all other office buildings in many respects. Especial attention will be giver | to the fittings, equipment and furnishings | the artistic as well as the serviceabl, quality being kept constantly In mind | Work on the building will begin prompti, on January 1.
 l The property is 100 feet on Twentieth street by fifty-six feet on First avenue and the Lynn building, which occupies f now, is a three-story brick.