The San Francisco call., 1906-10-08
RrsoLrr1oN ApoPTEp.
Following is the resolution adopte'
by the association:

Following is the resolution adopted
by the association:
Resolved. BY the Oakland Real Es-
tate Association, That the Mayor ana
10 not take radical measures in the
extension of the fire limits at this time
as. in the judgment Of this association,
such action would inhlct injury TO our
city by retardtng the extension OF It's
business area
The members of the association have
also adopted resolutions indorsing the
policy Of demanding that all railways
in Oakland install connecting tracks
and interchange freight cars as a con-
diuon OF the granting OF franchises or
equivalent rights.
by the association;
Resolved, That the Oakland Real Es-
tate Association heartily commends and
fu5orses the policy OF requiring all rail-
tracks and 10 interchange freight cars
rs condition Of the granting OF any
franchise or equivalent rights.
It Is obvious that manufacturing and
sobbing property served by all rail-
roads viii be much more valuable than
property served by one railroad. and
change arrangement as is in force be-
tween the railroads entering Stockton
and Los Angeles. as wen as IN
other large cities or the Onnltso
land as a necessary condition for sue
cessfui manufacturing and 5oboing'
change al points remote from Oak
land fosters monopoly and prevents
free action Of commerce. tending to de-
prec.ate real estate values ana pre-
Resolved That the City Council OF
oakland. th> Town Trustees Of Berke-
lev. Aloueda and EmeTyville and the
Board o. Supervisors OF Alameda Coun-
~ be ard they are hereby requested 70
inquire into the reasons why the rall-
raads discriminate against Oakland in
favor of Los Angeles in such arrange
-ye1ts
wIthia the last week there has beer
organized IN this city a combine Of
leading real estate dealers and capital
fists. che purpose OF which is to hands
real estate deals toe large for any one
dealer or SRA 20 undertake. The or
~an.zo-fon has been capitalized a
ssoo000, and $4,000 Of the capital stocl
has already been subscribed.
The officers, directors and members o.
the new corporations are: President
George ". Austin; vice president, H. A
stent; secretary. Mark S. Armstrong
treasurer. E. y. Walter: II. G. williams
a. T. Baumgartner. G. c. Smith. Ben Q
johnson +. =. Graham and F. B. Cook
IN discussing the objects Of the organ
tzattoa President Austin said today:
TIE purpose OF the combine is large
~ 20 i-6uce outside capital to come t
oakland for investment and to offe
rhe best Inducements for such capital
There are plenty OF smaller invest
f-erts looking this way. and our rea
estate e--es a-e wei able to take car
~ fheu,. D-t thcre are also large IN
-estcrs. r,ea who want 10 invest half
million or more and they would nat
urallv prefer 70 deal with big. sub
stantiai corporation We have got TO
Kether board % directors represent
ing the best elements in the city. A
are well known Oaklanders with tn
exception Of the vice president Z.
Ste~t who was first interested in Oak
1n~r a fe-v months ago and who ha
-~ore v4~v heavy Investments here II
is = --ziIiioaaire mine owner and ha
Inverted heavily during the past two o
three vea-s in Los Angeles He de
cla-es that this part OF the state
the best that he sees at this time. tn
Oakland combine is already entertain
irg some very heavy real estate opera
ti9rs and VIII doubtless be usefI
ractor 81 future development
MANY PERMITS ISSUED.
one hundred and sixty-one buildin
r4~rlits were issued last week
Bund.ng Inspector Towle, the tot
.-at-e OF the improvements represente
by these permits being s1e5,O75. Tv
permits were issued for the erection
stores and fats combined. one for
store. eleven for two-story fats. s.
for tSvo-story dwellings. forty-sevt
for oae-seory dwellings. twenty-one Il
stcrcrocrns. warehouses, etc, and Sc
erty Ter alterations and repairs.
One of the largest real estate dea
oc the last week has been reported
r II. Macdonald & Co. this being Il
seIe Of the lot and building at Il
northwest corner OF Eleventh and Fa
fea streets FOR O. s. Orrick 10 g.
Davis The price paid for the proper
was $4,000. The same firm has ju
eiosed deal by which a lot on q
rorth side % Twelfth street, betwe'
Ice and Jackson, viii be transferr'
Joseph Wolbfrom 10 an Eastei
ceYitalssf The price agreed upon Z
ts property IS $4,000.
C-al estate dealers OF Alamed
rkeley and other suburban comm
tscs report an active market durii
.e frsf week OF October, althoua
tacre was n marked lull IN bCildiI
operations. owing to the shutting dow
u the Alameda County planning mil
which rendered contractors and bull
ers unable TO secure material for bull
mrs in course Of construction.
Notice las been served on the occ
ranfs Of business locations in the Pla
ter block. at the junction OF Telegral
venue and Broadway, that they mu
aacate the premises by the middle
l,sver1her. as the work Of erecting I
l!rst National Bank building viii