Los Angeles herald., 1908-03-29
"OLIVE HEIGHTS" Is
BRANDED AS A FAKE

The city and newspapers of River
side have denounced as fake the
"Olive Heights" subdivision, located in
the hills three and half miles south
west of that city. Mayor Evans ap-
peared before the last council meeting.
calling attention to the fake, and the
council by unanimous vote declared
| that the circular being sent out by the
promoters was misleading.
The following is from the Riverside
Daily Press:
'It has been known for some time
that Riverside's expansive city limits
covered a multitude of sins, including
the notorious Oak Glen tract, and its
contemporary fake subdivisions, Elys-
ian Heights and Olive Heights.
1T has remained for the promoters
of the latter however, to spring on
an unsuspecting and guileless pubic
assertions that the rhetorician would
euphemistically characterize as hyper
bolical--in other words, bald and bare
faced falsehoods, with which to dupe
the land hungry.
For instance, say the promoters OF
Olive Heights: Riverside has popu-
lation of $4,000. With Huntington's S
extensions of trolley lines from Los
| Angeles and surrounding towns, ana
with proposed extensions toward this
property Gin the hills in the southeast
ern part of the cityD lots in this
tract will double in value within
short time. This is your opportunity
to get a choice homesite cheap
This is a part of the alluring pros
pect laid out to the prospective in
vestor in Olive Heights lots, which
can be had at the present time at
prices from $3.50 to $500 each-S5O
down, $40 per month-no interest, no
taxes All this. with 10 per cent or
for all cash within one year.
"These statements are contained in
a circular which, unfortunately for the
promoters, accompanied to town
man who came down from Los Angeles
a day or two ago to look into the op-
portunity of getting rich quick by IN
vestment in lots lin the city of River
side, Call procurable for such reason
able prices He called at the office OF
the Riverside Realty company for in
! formation-and got it. He left without
seeing Olive Heights and without TAX
| ing with him the circular, the most I'M
portant contents of which nave peen
quoted.
''This is the first printed matter pur-
porting to describe these fake subdi-
visions that has fallen into the hands
of Riverside people, and is evidence
of the shrewdness of the promoters in
keeping knowledge of their schemes
away from those who know the sltua-
! ton. The circular in question was
evidently prepared by one G M: -Dunt-
lev 40O-4O1 Currier building, for the
name appears below. This has been
scratched out, and below is the rubber
stamped signature of l.. V. Schenck OF
12S South Broadway, an apparent sue
cessor. One statement made above the
map of the tract is eminently truthful:
1t recites that these lots are high and
siehtIv.' It is a fact that within the
eighty acres comprising the tract the
| elevations vary nearly 200 feet. The
government has never even plotted It's
Soil composition, and the soil map has
it in the rough hill land class.
"The name is evidently inspired by
the fact that part of these lots are IN
! 1O.year-old full-bearing olive trees
Without regard to the logic of the
matter. however, the circular exploits
! Riverside as well known for the pro-
duction of the finest oranges in South
ern California; The prospect OF haV-
ing to cut down a full-bearing Olive
orchard to make way for an orange
! grove probably does not occui " Ile
average sucker.
THE man shows the tract bisected by
driveWays with most seductive names.
The subdivision is bounded by f1oWery
bouleVards bearing the titles or Lilac
street. Lupin street and Columbine ave-
nue.. Iowa avenue extension being the
only plebeian name used, and that due
doubtless to necessity because of the
location on the projection of that ave-
nue. Buyers of inside lots have oppor-
tunity of so choosing homesites as to
be located at the corner of Olive Ridge
road and Violet street.
"The county recorders office shows
many sales of lots in this high Nand
slightly subdivision and when the taxes
are collected next year there will prob
blv be a large block of lots, as in the
case of the Oak Glen tract this year,
90 delinquent. By request of the
owner. the unsold portion of the latter
recently reverted to acreage, the city
council receiving a revised map and on
the advice of the city attorney refusing
10 accept the streets"
Exchange Good Holdings
Thomas C. Bundy e. Co. report an
exchange Of the property owned by D.
M. Shanks at 1222-1226 Arnold street
consisting of a lot 5Sxl5O feet, I'M
| ....,,o1 with two six room Hats and q