Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-10-14
TIMELY REAL ESTATE TALK
Union Pacific Deal the Principal Event Of
Last Weeks Business.
NEW HEADQUARTERS SITE PURCHASED
Dimensions of BundinE Not Yet Given
Out, hut Another BiE structure
IL Sure 60 he Erected By
the Company.

The Union Pacific was the central figure
n last weeks history Of the commercial
progress Of Omaha. General Manager
fMohler formally announced that the man,
)moth new headquarters building OF the COM
pany will be erected ut the northeast corner
of Fifteenth and Dodge streets, and II was
officially given out that the McKeen motor
mrs will be manufactured in Omaha by
the Union Pacific company
After several months work on the part
of its real estate agents the company has
secured a tract Of 142 feet on Fifteenth
street and 1893 feet on Dodge street, and
will erect its new building there. probably
next summer. Some criticism is made on
the choice of a site, but to this Mr. Mohler
replies by pointing 70 the postoffice, one
block away, as the one building in Omaha
which will never be moved. How many
stories high the building will be has not
been determined. Plans had been drawn
for structure 1872 feet square, but with
the site a different size the plans will have
TO be worked over entirely.
To make room for the headquarters the
Kennard building OF three stories, tho
Brown building Of three stories. the Willis
block Of three stories and the Ish dwelling
MUSE OF one slOEy must pe TCtuONco. II
will now devolve upon the Labor Temple
association TO look abut for some one to
build 1t home. or for some one who al
ready has a good building to lease. The
association has started building fund, but
as yet 1t is not very large. A lease which
the association holds on the building will
expire next March, and by that time an
other must be found
Years ago some of Omahas pioneer land
marks stood on the lots recently bought
I by the Union Pacific. The old government.
corrall occupied part of the ground. On
one OF the lots was located the first school
In Omaha. 1T was a private institution,
known as the Beals school, and taught By
Prof. Beals. who afterwards became princi-
pal OF the Omaha High school.
w. II. Thomas is one Of the men who
get lunches and act on them. Mr.. Thomas
had a bunch that the Union Pacific was
negotiating for the northeast corner of
Fifteenth and Dodge streets, so he went
. quietly to Frank Kennard and secured
an option on his building. on the very cor
ner, at a figure Of $4,000. When Mr.. Ken
nard solved the situation he offered Mr..
Thomas $1OO to release the option. Mr..
Thomas would not release 1t, for he
wanted to see the Union Pacific fulfill its
promises by erecting a headquarters build
ing. By refusing the 500 he got some-
thing near $1,000 from the Union Pacific
Mr.. Thomas might have made 5000. but
he says he Is not in the holdup business
The Real Estate exchange promises to
become active in an agitation to compel
the street railway company to extend Its
'>tnburhan iinaQ and hniIH
The matter was talked over at the regular
meeting last Wednesday and some very
caustic things were said about the COM
pany. committee. consisting OF c. F
Harrison, Byron r. Hastings. J. H. Du-
mont, II. Il. Wyman and w. II. Thomas
was appointed TO investigate and report
next Wednesday. The investigation will
lead the members OF the committee into a
study of remedial legislation. They will
also consider the advisability of the mu
nicpal building of lines from the circum
ference to the center of the city to bring
trafic from the interurban, in case tn,
Omaha Street Railway company refuses t
allow the use Of its lines under REASONABLE,
conditions.
Property south of Leavenworth stree
and for three or four blocks on eithe
side of Twenty-fourth street is becoming
more desirable than It was a few year
ago, now that street car line dow
Twenty-fourth street is an assured fact
There is a lot of good property In tn
neighborhood. but It has not been WORT
as much as it should be, owing to the dis
lance from car line and paved streets
Now Twenty-fourth street is being pave,
and the laying of track is proceeding a
a rate which promises the completion o
the line by the time Of cold weather.
Talking on the subject of abstracts he
fore the Real Estate exchange last Wednes
day, w. H. Thomas, who was recorder 81
years In an Iowa county, said that in tina
county the recorder examines the abstract
4 and certifies them when the plat is made
s\.thereby leaving it unnecessary TO take a
Abstract back Of the plat Mr.. Thoma
9aid there is no reason why such a syster
cannot be used here. N. p. Dodge wer
Mr.. Thomas one better and recommends
the Torrens system. used in Illinois, h
which the purchaser needs the abstract onl
IN the one transaction in order to insur
him q clear title TO mis- property.
Among the new buildings which hay
Just been begun is that OF Sinner Chas
Mt the northwest corner OF Nineteenth an
11hihcS SNittNSs
Among the Omaha realty men there al
a number who deal in western Nebrask
lands, well In city houses and lot
Every week they are sending out prospe
tive settlers from Omaha. who have con
from Iowa. Illinois and many of them fro
eastern Nebraska. The railroads hay
thousands of inquiries from many STATE
from people who want to get farms in tn
state OF plenty. Just as an instance of n
westward movement, the Union Pacific la
Tuesday took seventy-fve people to Sidne
forty to Lodge Pole, thirty-fve to ogalall
twenty-five To Julesburg aud a number
other Nebraska towns The Burlington r
ports a big movement of settlers to Il
North Platte valley.
w. Farnam Smith reports the followir
recent sales: To Robinson & Wolf, Il
investment, four cottages at Thirty-fr
and Seward: TO Harry Gorss. for inves
ment. lot and store buildings at Invent
a,a n afr