The Washington herald., 1908-01-30
BUYSSUBURBANLAND
Syndicate Will Improve 43O
Acres Near B. d @. r. r.
FIVE COMPANIES INTERESTED
Pennsylvania, and
Maryland Capitalists Pay ApprOKi-
mateIy 81 100000 for Ground in
Northern Part of District of CO.
lumbia-Otber Real Estate News.

For several months property deals have
been talked about. affecting undivided
land in the northern part of the District,
extending out into Maryland. generally
speaking, along the lire Of the Baltimore
and Ohio Railroad, These deals have
now crystallized into practically one
/ transaction by the Southern Securities
Company which seems TO include FIVE
subsidiary companies. which viii develop
as many parts of the land purchased.
The land is all suburban and does not
compose a continuous tract. being made
up OF several large parcels. which, how.
ever, lie near one another and will lend
themselves 20 single line Of improve
ment, especially with reference TO water
supply. street improvement, and the
building and operation OF trolley line
to serve the territory when II shall have
acquired sufficient population to war
rant it,
Has SI0,OOO,OOO Capital.
The capital stock Of the several COM
panies is announced as approxima tely Sl0,-
600 900. Beside the Southern Securities
~N''if~As1 huiiA AGo lahNA AAttE " tllu
land. are the following companies:
Manor Park Realty Company win con-
troi sixty-fve acres. with frontage
Of nearly one mile on the west side Of
Blair road and about one-half mile on
the east side of that road. The tract
extends from Lamonds station 70 Quack
enbos street and from Blair road 10
Fifth street.
The Federal Realty Company will con-
troll ebout sixty acres. bounded by Fifth
street. Peabody street crossing Eighth
street ana Orlando street. II Is known
as the Orlando Gray tract In addition
10 this the same company will control the
Mary Ellen tract Of a trihe over twelve
acres, and the p " Williamson tract
OF 2-S0 acres. both tracts lying south Of
the Manor Park Realty Company's mold
ings.
The stotts Park Realty Company viii
control eighty-four acres. bounded by
Riggs road. Blair road. and Oglethorp
street This tract Hes in the line Of New
New Hampshire and Kansas avenues
when opened and extended.
VIII Control Fifty-fOur Acres.
The Chlllum Castle Realty Company will
control the main part Of the Christopher
S. o'Hare tract OF hfty-four acres This
is bounded by Shepherd road. Blair road.
and North Capitol street This tract will
be traversed by New Hampshire. Oregon,
and Kansas avenues when opened
The holdings Of the Blue Ridge Realty
Company have not as yet been an
nounoea. the deeds for the property not
having been placed ON record. It is I'M
derstood that the holdings this company
viii control are in the vicinity Of the
others and contiguous 10 them IN part.
The subdivision OF this $50 old acres Of
agricultural land will provide dwelling
places Of a population numbering at least
10000. and IL is said 10 be the purpose
OF the several companies to open the
streets, mark the land off into building
lots, and begin its upbuildlng as fast as
circumstances viii allow.
The several companies mentioned are
made up Of Washington, Pennsylvania.
and Maryland capitalists. who have
bought the land for approximately 81 600
90, with the expectation of realizing large
profits by WAY Of its future development
John Fl. Fisher. Of Washington, is pres
ident Of the Southern Securities and De-
velopment Company and Of the Manor
Park Realty Company Dr. F. II. Loef-
fer Of Millersburg, Pa is president Of
the Federal Realty Company; +. 81. Berk-
ley. Of Myersdale Pa. is president OF the
StOtts Park Realty Company. and the CnH-
lum Castle Realty Company, and Or. II.
E Smith, Of Frederick, Nd. is president
Of the Blue Ridge Realty Company.
Buys Home for $4,000.
Harry Wardman has sold through y. L.
SansbuTy 10 L. 2. Rosseau, the property
at 1916 Iowa avenue, for 5000. Mr.. Ros-
seau Will occupy the premises as his
home
Kate A. Flagg has purchased the four
story English basement house at 2015 Co
lumbia road. The property was sold at
auction by c. G. Sloan & Co for SIo.500.
Mrs Brown has purchased. through the /
SimpsOn-Sullivan Company. the property /
at First and streets northwest for
1880 1t is the purpose Of the purchaser
to erect a hotel on the lot. which fronts
5469 feet on street and So feet on First
street
Stone & Fairfax have sold 10 local in /
vestOrs the twO-story dwelling al 30 F /
street and the twO-story and cellar brick 1
dwelling at 10 Glrard street northwest |
William COnradis sold through this firm 1
the two-story brick apartment at 70S Thir- /
teenth street northeast. which brings 800 /
rental per annum. The purchaser paid /
$3.50 for the property