The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1908-12-28
D|SREPUTABLE DIVES
FAST DISAPPEARING
Burt J. Fitzgerald, Big Chicago Land
Dealer, Spends Day in Town Look
ing After His Interests Hints at
Another Factory Which May En-
ploy Several Hundred Men.

Burt J. Fitzgerald of Chicago, presi-
dent OF the Gary Investment company.
was in Gary yesterday in the interest
of several real estate deals Of import
ance. Mr. Fitzgerald reports that prop
erty south of the Wabash tracks has
been given a decided boost through re-
cent sales and the decision of several
of the property owners to build
The latest sale to be reported rs that
of seventy-five feet fronting on Broad
way, near Twentieth street. The price,
which is said to be very satisfactory,
and the parties to whom 1t has been
sold. will not be divulged by the in
vestment company owing to the fact
that all OF the cash has not been paid
over to the owners, although the pur-
chasers have been placed under con-
tract and have paid part of the money
down.
Besides this sale and many others
pending. several of the Broadway cor
ners are to be improved Immediately
with fine brick structures. Mr.. Fitz-
gerald said yesterday that he and John
Powers and Chicago were planning to
erect several buildings at once. Mr.
Fitzgerald will build a two-story brick
structure on the corner of Eighteenth
and Broadway. and Mr.. Powers will
build similar buildings on the corners
of Fifteen, Seventeenth and Nineteenth
and Broadway. These buildings will
do much toward improving the prop
erty in this end of the city which fol-
some time past has seen nothing but
frame buildings and shacks.
Disappearing Dives Improve Property
In regard to the closing UP of the
disreputable saloons in the south end
of the city. Mr.. Fitzgerald thought Il
was the best thing that could possibly
have happened for that property. These
saloons have been allowed to come int
the city and have dominated this terri
tory until the price of property ha.
almost remained stagnant Desirable
persons would not build in the vicinity
Of these places, except on Broadwa.
and the saloon question was getting
very serious.
Now. however, when the ban of tn,
remonstrance law is lifted from Gar.
and the saloons again apply for II
ceases. that class Of men will be barred
ana they hope to keep this section 0
the city as cIean or cleaner than an,
other. Both Mr.. Fitzgerald and MI
Powers, who are two of the most in
fuential real estate men in Chicago
have the greatest faith in the future o
this part of~the city
Another Factory May Gene.
It may also be possible, according t
the president of the Gary Investmen
company, that another small factor
may be located In the steel city. TIL
plant is now in process of organization
and Mr.. Powers owns a large interes
In the enterprise. The factory manu-
features specialties in the way of smal
machines, etc. 1t is expected that the
will employ about three or four hun
dred men.
The property which they have in vie'
In Gary is located along the Michiga
Central tracks. not very from froI
Broadway. This is the strip of Ian
recently purchased by Mr.. Powers frol
the Gary Investment company and &c
which he has had an offer to sell E
considerable profit. 1t is said. how
ever. that there are several small fac
tories which are considering this locs
ton.