The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1905-01-31

| LOCK ana ClIy Improvement Compass
is self explanatory and is cheens
eiyen space in these columns:
New York,
editor Daily News, B
Dear Sir; Referring Seditor-
i'll Of Jan. 18TH 1905 49, Octu
pus' | beg to submit the following:
When this company obtaineA its
holdings ir your city, under forecio-
sure sale, the enquiry was made by a
number Of your citizens, whether it
was cur intention to flood the market
with real estate, thus depreciating val
use still further-to which we replied
that such was not our inteation. our
policy being rather to sell slowly and
conservatively ulus giving citizens an
equal chance to dispose of their hold
ings.
We have stricltly adhered to this
regeme with the result that property
in Brunswick is at last beginning to
make some advance and during all
these years -@e have paid OUT tens OF
thousands of dollars in taxes without
realizing any return to say nothing
Of the ioe OF interest on the invest
ment. Your city has certainly been
much more benefited than injured by
The Brunswick Company for It has GER
tainly done much TO aeyelop The place
In the nlatterof the 81 & b. railroad
Company alone our company advanced
the first money to- aaryey same and
abe first rails thato@eis fg4d we're paid
Tor by money loaned by the Brunswick
Co., and it's friends Also in the con
struction OF tie road at least million
collars were advanced by New York
ers interested in the Brunswick Co
In short l can safely say that had it
not been for the Brunswick Co., the
road would never have been under
taken nor carried through.
In regard T. the matter OF the pro
posed purchase Of land on st. Simon
island on which to build a hotel,
would say that we are heartily in fay-
oT Of such an undertaking provided
an appropriate site be chosen, one IN
tact that will not inJure the rest OF
the property which the desired one
ould certainly do cutting Of as it
ould the right Of way to the entire
beach In fact when Neptune Park"
vas laid ont It was the intention that
no building be erected thereon there.
fore your statement that such a site
was offered by us for $500 Is a mis-
take for we In TACT never contemplated
selling Neptune Park" at all. We did
il, fact offer to the hotel people on NOV
IS, 1904, certain plot on the island
for $1,000 and another plot at $3.50 to
which we received no reply, but on
Dec. u, 1904, We were informed that
these gentlemen would call on us and
Lave a talk about the matter, but up
20 this writing we have heard 10th
ing further on the subject
Another instance OF the company's
lberality to , our town was evidenced
by the fact that we granted the A. q
B railroad company the right of way
through our lots to reach point near
The hotel for It's depot. We gold or
agreed to sell the land at assessed
values, not taking into consideration
the damage done to adjacent lots,
any Of which will in consequence al
most become worthless for residence
property. And further part of this
right Of way extends through our most
important lots and they also are doubt
less damaged much for business pur.
poses.
I think il you will give the matter
your just consideration you must ad-
init that the Brunswick Co., is the
only loser while on the other hand
the city Of Brunswick and its people
are decidedly the gamers.
Trusting that you will do the Bruins
wick Co., the justice Of publishing this
letter, thereby showing to all fair
minded people our side Of the ques-
ton, am, Yours Respectfully,
7 he Rrunswick Dock and City I'm
provcment Company
A. C. Kraetzer, secy.