The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-02-26
/. R|EA|LE!5T'|'.A||I'T'|..E||:.A||I.N'|.D:|
NEN'||'S!I..0||.F| B ] \
Begins 10 Lo,oc'k;. as II = 1feat
Building Boom IS On.
553s Hand.
CONTRACTORS ARE .H U; I LING

81 CONTRACTORS ARE HUSTLllNNl(Gj
,rhe Real Estate Loan Deposit Com
! pany, Of which Mr., D. r. Crercy, t11',
I'M Tic specal representative has starred
Il something OF a boom In the western sec :
tion OF the city. This company has az /
ready put Park Place OH e boom having
within the past sixty days sold Two nun
dred and fifty lotsin that loca ltty' IW yen
,ynye houses have already been SOW
tracted for in Tint section, and VIII DO
@h,ilt this spring. All. or nearly al, Q ne
purchasers of the lots were home-Duy ers'
and the probability Is that many more
r,,ilding contracts will be made before
Il the March winds cease to blow.
ss The West End Realty Company nus ~
thought ten acres Of land adjoining tne
PARK place and near to Reservoir fFark,
Il l., 'nronoses with the opening of spring
~ s,ibdivide the same and sell itroff IN
n lnts on easy terms to hone-nuilders
$%G since November 1st the Lee Annex.
y Realty Company has sold mo less thtln
n three hundred and fifty lots, and on TINS
property forty or fifty houses VIII 50 up
lin the early spring.
Cont ractors report demands for plans
nd specifications, and without going INTO
u details lit is sufficient to say mat mate
rial has been ontracted for 70 pu w u, ny
less than tive hundred houses in Rich
mond and its Immediate suburbs this
& spring. * Indeed. there will 3,be something
IS doing soon in the building line.
( Last Years Record.
1t,,ry II, fch.
smond In the good year 1905, and there
g w,l1 have to he 1nudh to beat tho record
$of 1905 The books of tho commissioner
or revenue show the following figures to Tor
the year that has passed:
I'D buildings begun and completed In loos,3
500; value, 147o,05l.
IL Buildings begun III 1903 ana collPlclsu
IN 1901 IS excess Of value over values l'' for
1909, S13S, $50. [s5 n n K; i, &. tss
n Buildings begun in 1904 aid not com
splcted 81; value as @ February y 5l iF1'
L $Sac, 800. " =.
Additions to buildings during 1901, ~:
value. $65, $50. Bl ;3 . !. \, !.
&3;5 r owever, 1t begins to look as II last
n years record maybe set back q peg pr
H tWo5Fl " iJ3l NJ I. ". \, tlg
s9s% several architects y have finland the
h mans for a number OF. Very attractive
ana handsome homes, to be located on
Monument Avenue, just west OF the Lee Leg
Monument. From n very /. rclnbl q source
& lis learned that at least eight houses
$#wll he built there this spring. One OF
tho handsomests@of the homes u TO- pc
;s2 erected will have n lot fronting seventy
feet. and Internationally, be differ
IL ent&from any holnesin this city.
One Of the leading contractors Of the
city stated yesterday that his frm had
1.-THE contracts for about $4,000 worth Of
tsf rjD nj hr
work would be started as soon as the
weather opened.
8 Messrs. j. A.. Connolly aud Company
sold on Friday for Mrs. Ida Lynch the
81 property now occupied by Professor Kahn,
Il No 9o4 West Grace Street. sl
New Business Locating.
NIessrs. J. Thompson Brown snd Com
# pnny have located the De Leon Cigar
Company dncorporlted) In the spacious
four-story warehouse No. 10 South Four
9teenth Street, near Main Street, which
has just been arranged specially for their
purpose. Tho lower floor will be occupied
BY the Office and clerical force, and the
( upper floor for the manipulation OF varl-
IL Gus grades OF tobacco and the manufac-
4 turing Of cigars. Tho DE Leon Cigar Com
pany was incorporated last week and
duly chartered, With the following OIL
4 GERS: Il
l., L. straNse, president, Richmond; A.
IL. Mullen. Vice president and general
manager, Petersburg, Va: Philip E.
3 strause, secretary and treasurer, Rich
mond.
"a The company will begin work with
about forty hands, and expect to have
their goods on the market by April LIST.
Mr.. Strause, the president has long been
Identified With the tobacco trade OF tho
g State. Mr.. Mullen, the general manager,
IS has had long and successful experience
" in the manufacturing of cigars, and To-
4 Gated here to take special charge. and
4 Mr.. Philip Strause is n well known gem
Il tleman Of much executive ability and
3$,With well selected corps Of statesmen
and employees, and the high grade goods
they intend to put out at conservative
pr!ces.4is expected to soon place the COM
I. Tnny in che front rank In thoir line. 4
An attractlce Monroe Park dwelling Will
n be sold by public auction Wednesday, af-
& sternoon Marcn lst, ut 5 p NJ, by j.
\ Thompson Brown and Company. being
y NO. % Laurel Street, near Franklin Street,
Z and Immediately fronting Monroe Park,
It's rare that this character of property
can be had ut any price, owing to the
very limited desirable residential front
age OF Monroe Park, and the sale will
e doubtless be we'll attended.
Approaching the many opportunities 70,
4 s'i's9 pipiiNapiN INVESTMENT OF cOmDina-
q ton Of small savings IN Richmond real
4 estate. a number OF young business men
= of this city have organized the Richmond
Land and Improvement Corporation 3
2f The officers for the first year are. ]. G.
Z l3osher. president; T.. j. Payne vice-pres.
ident; g. GaGnrner, secretary, and n. S
i Wright, treasurer. The above with c, H.
liarman comprise the board of directors
Is4sJ Thompson Brown and Company have
Just sold to this corporation for its firs
development four houses and quite 4
large tract Of land in Bacon, First an,
Orange Streets, aggregating about $40,
q 20,
TINS new firm will buy and sell rea
estate on their own account rather thar
for commission. handling mainly ,hei,