Los Angeles herald., 1906-11-25
NEW TOWNSHIP
MAKES FORTUNES
NAMES OF LUCKY INVESTORS
AT SEARCHLIGHT
Senator Carter, Harry Quinn, Carl
Leonardt and DR.. Homer A. Hansen
Among the Fortunate Pur-
chasers of Property

1t was estimated by close observers
that Los Angelans have been enriched
through the mines and real estate of
Nevada during the past year to the ex-
tent of more than $5,OOOOOO
While Goldfield has done it's share
in adding to the bank rolls of local in
vestors, Searchlight has also done Tro-
jan work in this direction through the
increases in the value of real estate in
the original townsite and the mining
property of the camp. In fact Search
light contains more Los Angeles money
tnan any other in Nevada, and the list
of those who are interested numbers
over 1000, 900 of whom are the owners
of business or residence property while
the remainder have mining interests.
Senator H. E. Carter of Los Angeles
is probably most heavily interested in
Searchlight, and his holdings include
a large interest in the Searchlight Min
ing and Milling company, in addition to
business and residence property in
the Arizona and Grand Central
tracts worth fully $4,000. Senator Car
ter's aggregate holdings are computed
at 100000, and associated with him in
great many of his enterprises are
Herman Liehtenberger and George 1.
Meyers, who have acquired great
wealth through the rapid advances in
the camp without failure"
Fortunate Local Investors
Other Los Angelans who have profited
heavily through business ventures and
investments are Harry Quinn, formerly
of the Times staff; W. w. Hurt. now
the largest owner in the New York and
Searchlight mine, comprising nearly
twenty rich claims; A. B. Day, a heavy
holder in the Nevada Searchlight mine
and also business real estate of the city
of Searchlight; Fred Ullman of Santa
Monica, a large real e; late owner, and
DR.. Homer 40 Hansen, than whom no
man has done more for the advance of
the interests of the district. DR.. Han
sens profits for 2two years work are
said to exceed $500, ,O00
G. r. Buckler who is conducting one
of the largest stores in Searchlight.
formerly lived here, and when he en-
tered the new field a year ago last
January he was barely able to put in
a $2500 stock of merchandise. Today he
carries a $4,000 stock, and the sales of
his store were said to have been 1922, 500
in September.
Contractor a Winner
Carl Leonardt, the we'll known Los
Angeles contractor, has Searcfflight in
terests that figure up nearly a quarter
Of million dollars and include ma
Jority interest in the Santa Fe mine
control of the electric light plant and a
big interest in the Saturn mine, which
adjoins the Quartette. Mr.. Leonardt's
faith in the camp is shown by the fact
that he now owns over fifteen lots in
the original townsite.
Another fortunate investor in the real
estate of Searchlight is H, H. Miller
the well known grocer of Whittier. who
less than year ago bought twenty-five
feet on the corner of Hobson and Rose
streets, adjoining the Kennedy hotel
for $500, Mr.. Miller can easily sell this
piece of property, it is stated, for $4,000
but is holding for $4,000.
Still another instance of the luck
of some Los Angeles investors is illus
trated by the success that has met the
investments of T. S. Brockenbrow. 212:
South Vermont avenue. who is prom
inent here in Masonic circles. He
bought a lot ON Hobson street ter
weeks ago for $1,000 and is receiving q
ground rental of 800 a month from {
small movable lunch stand The tenant
built his own improvements and pay.
his own taxes. Mr.. Brockenbrow's in.
come from this investment is $24O {
year. or nearly Is per cent per annum
He owns another lot near the Search
light hotel and has just concluded ar
rangements with a Searchlight mer
chant to lease the ground as it stands
for $50 a month, the lessor to erect hi
own improvements, which will reVer
to Mr.. Brockenbrow at the end of tn,
lease.