Arizona republican., 1906-01-28
REAL ESTATE
 MOVES AGAIN
Deal in Adams and First
 St. Property
John Noble Intends to Erect a Larger Building Than is Now in PhOe- nix.

For some time past there has been known to quite a number of people more or less of the details of a real estate transaction that has been in process Of consummation through the agency of H. I. Latham & CO, of greater magnitude than any former property. transfer in this city, except in the instance of the Fleming block wherein the values were in the build | ing even more than in the realty Though it has not yet been made pub 1 lie, a representative of The Republican was given reason yesterday 10 suspect that the deal had gone through. In quiry was made at the office of Mir. Latham, but he was not in the city. | However. his associate, MT. Garrett 1 Hulst, admitted the correctness of the report.
 ] The property concerned is the quar- ter block fronting on the northwest i corner of Adams and First streets. be- i ing 100 feet on Adams street and 137 1-2 on First street. or clear to the alley in the rear of Goldberg's store. | It includes the building now occupied | by the English Kitchen and other ten ants. a one-stOry structure that will eventually be torn down though will | De available for use yet for several months to come. The buyer of this en- tire quarter block is John Noble. of | Winslow, one of the large sheep own CTS of northern Arizona. who spends his winters here and who already owns other valuable Phoenix realty. His investment is not to be a mere holding of unproductive business property, but he proposes to erect a magnificent business block, which will be further mentioned hereafter. The property was bought of three different l owners. Messrs. Quinn S Atkinson own ed the first hundred feet fronting on Adams, extending back to the alley. Mrs. Cora Freeze owned the next twenty-five feet, or half lot, and Joe Holland owned the last twenty-five feet. or second half lot. It was inn possible to learn the purchase price of any one of the parcels or Of the aggregate. though it has been reported that the total consideration for the
 three properties was approximately $30.0O0.
 Rumor has it also that MT. Noble
 has acquired the Vantilburg block across the street to the west. or inn
 mediately opposite The Republican of flee, but if this transaction has been
 completed the fact could not be veri-
 fled yesterday.
 The importance of this sale to Phoe- lll& litS rather more III Nildt tt lO De
 done with it than in the fact that a
 sale has been made. though that alone
 is a good stimulus to business gener-
 ally. The building that MT. Noble pro- poses to erect is not only going to be
 perhaps the largest one in the town,
 but it is going to be modern in every
 particular It will be steam heated,
 wired and piped for all conveniences,
 equipped with elevators. and in every
 detail the very latest devices and best
 materials will be employed. If possi-
 ble to do so, it will be just a little
 ahead of any other construction, so
 that ten years hence it can be said
 that the structure is thoroughly mod
 ern and up to date. The building will
 have a basement and at least two, and
 very likely three, stories. and will be designed as large as the lot, so it can
 readily be conceived that 1t will be no toy house The number of the stories will depend upon later negotiations. It
 is understood that the Masons and
 some other orders have been figu"ing
 with MT. Noble or his representatives
 concerning the desirability of euuip-
 ping the third story for fratern al pur-
 poses. It appears that all plans of this
 sort are up in the air yet. but are
 being seriously considered. The Mari
 copa- -Hassayampa club is also deliber- , ating upon the advisability of securing quarters there, as the joint club pro-
 poses acquiring a permanent home
 somewhere at an early day.
 The first floor will be utilized for l commercial purposes, store rooms and the like. No definite plans have been l made for the first floor yet, as various of the Washington street merchants
 are considering the matter of new
 quarters in the Noble block. It is quite probable, if certain of the larger
 ones that have the matter in mind
 conclude negotiations, the store rooms will be made to suit their special
 needs and convenience. The second ? floor will most likely be devoted tc 5 some extent to offices, though that is
 also undetermined. There are only
 two completed facts in the transac- . ton so far. One is that MT. Noble has
 bought the property, and the other is
 that he will build a fine building upor
 it of either pressed brick or stone af- : ter the general plans described above ! and that as soon as the Preliminaries . can be arranged. which, of course, vii ! be some motths yet. It is known how q ever, that Messrs. Creighton & Willard | have been employed to provide prelim- j. mary plans as a basis of late, opera T tiOns to be remodeled as neg citations . shall develop.
 : Concerning MT. Noble. he is a very |; quiet and unassuming man, who ha! ! made his money in Arizona, absorbing ee it from the natural wealth of grazing '- resources in the north, and that he 1, proposes to devote it to the further k upbuiiding and prosperity of the land