Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-04-08
BIG DEAL IN REALTY
Tract Purchased South of
Bethesda Park.
PROTECTOR RS PL A N
A HALF MILLION OF DOLLARS TO
BE EXPENDED.
Houses to Be Erected on Wide Streets,
With Sewer and Water
Facilities.
PLAN

A deal has just been closed for the pur-
chase of 1S6 acres of land on the west side
of the Rockville road just south of Be
thesda Park, Md The property was owned
by a syndicate, of which Adds B. Browne
was the representative, and the sale was
made by j. Hite Miller real estate broker.
to w. Russell Graham, the representative
in this city of the purchasers. The latter,
who are out of town capitalists. intend to
organize the Maryland Land and Improve
ment Company of Montgomery county, Nd.
to which corpora ton the property will be
transferred and through which the pro-
posed plan of improvements will be car
ried out. The price paid for the lS6 acres
was S62,CO0.
According to the plans of the purchasers
a subdivision VIII be made of this land and
houses will be erected for sale. 1t is an
nounced that there will be no lots avail
able for speculative purposes. and In the
event individuals desire to buy lots they
can only do 1t under the stipulation that
they will at once improve their hold dngs
by the erection of houses which VIII cor
respond with those that are to be put up
by the company.
Intention Of Company.
It is the intention of the company 10 be-
gin the erection of houses during the pres
efll SetSDi- bNl oH4.lS ~ liit idNA AaidA lAiNio
has been delay in acquiring the title to the
land there will only be ten houses erected
this year instead of twenty-five. as was
the first plan. In addition to the money
which will be expended in the erection of
houses the company proposes to provide
the subdivision with all the facilities which
are found in connection with homes IN The
city
TIE streets are to be macadamizcd and a
sewer and water system is to he installed
Trees are to be planted along the streets
which are TO be of unusual width. namely,
1GU feet from building lire TO building line.
parking of fifty feet in length VIII be
set apart ON each side Of the street and
then will come the sidewalks laid in con-
crete. There are to be no lots less than
125 feet front and on these lots will be-
erected houses of suitable suburban design
which viii contain eight rooms and which
will he sold from $500 up.
1t is claimed by the projectors of this en-
terprse that they intend to have a subur-
ban settlement which will be fully equipped
in every respect. and to bring this about
they assert their Willingness and their in
tention to expend half a million dollars to
carry out this enterprise. Among the feat
ures of the place will be school building
which will be erected by the owners of the
property and turned over to the Maryland
authorities with the only condition that the
necessary teachers be supplied. ~
Ohio and Virginia Capitalists.
There has been no announcement made
of those who are interested In this enter
prise but ii is said they capitalists
from Ohio and Virginia. The former were
represented in the purchase of the property
by Mr. j. Waldo Taylor. AS the property
has frontage of nearly a mile the
Rockville pike, along which runs the cleo
trio road. the houses that will be erected
will be within convenient distance of this
line of communication with the city. The
Il hut
there will also be one or two that will be
opened up parallel with the turnpike road.