Los Angeles herald., 1908-05-03
BEAUMONT INVESTORS
FROM EVERY QUARTER
BUY LOTS AND FRUIT LAND
IN RICH DISTRICT
Business Activity Exceeds Supply Fa-
cilities--New Planning Mill to Be
Erected-Approach of Rail-
road Raises Values

Homeseekers from ten states visited
Beaumont this week on excursions and
made investments in lots and fruit
lands reported to aggregate $4,000.
Record making transactions in city
lots was the feature of Thursdays ex-
cursions, the total reaching seventy
one lots for $3100. Walter Scott of I'M
perial secured sixteen lots in block 16O
for $400 and c. ]. Claussen, Jane e.
Tuthill, A. Norman and G. d. Kemper
each purchased an entire city block In
the Industrial section south of the de-
pot Mrs. Ettie Wood took lots l to 6,
block 139, for 5000 and Mrs. Lille b.
Smith, secured a frontage of 1856 feet
on Third street, comprising six lots
56x140. Many of the buyers are already
preparing to make permanent improve
ments and several will build cottages
to rent, as there is not now vacant
house in Beaumont.
Building activity has passed a point
where present facilities will not suffice,
with the result that Sumner & Thomp-
son, contractors, have purchased and
shipped from Los Angeles complete
machinery for a planning mill, to be
erected on Fifth and Orange streets.
L. w. Blinn Lumber company's branch
at Beaumont has issued a statement
showing a greater volume of business
for the past three months than the
total for ten years previous. over
twenty buildings are now going up.
An index of transactions for April
in Beaumont property is provided by
the statement of the Beaumont Land
and Water company, showing a total
business of $14,929.40, making the ag-
gregate since September IA, $206,45S.
One thousand persons from nearly
of
daily stereopticon lectures on Beau
mont during April and the company re-
ports a steady flow of inquiries from
announcements in the classified col
umns of The Herald and other Los An
geles papers. Many of the buyers have
come direct to Beaumont from distant
points in reply to Herald advertising
and there is every indication OF an in
tense interest in Beaumont lands
throughout the United States.
Louisiana Capitalists Invest
Two Louisiana capitalists, c. D.
Kemper and S. w. Guyther. have ac-
ouired fruit lands and city property
aggregating over $4,000, and both are
now on the ground negotiating for the
establishment of a large commercial
enterprise. Kemper, who has bought
residence and moved his family to
beaumont, has subscribed for $4,000
worth of stock in the Beaumont bank
and is said to have in mind the devei-
oprnent there of an industrial center, he
believing that Beaumont's strategic
position on the main line of the Harrl-
man system, in close proximity to Los
Angeles, Riverside, Redlands and San
Bernardino, cities representing three
fourths of the population of Southern
California, guarantees the building OF
Beaumont into an important town.
Already the heavy buying of Kemper
and Guyther has been reflected in the
price levels and the upward
is also being augmented Dy
the speculation as to where the pro-
posed electric line will have its ter
ninals and tracks. Some unconfirmed
rumors are afloat that insiders are tax
ing in biz; blocks of property to hold
for the advance another railroad would
force, and it is known that one trans
action of $4,000 in acreage was recent
v completed with a Los Angeles capi-
talist, who is noted for his shrewdness
In foreseeing the trend of developments
In this section.