Arizona republican., 1909-02-26

$S1,500. It is likely the other forty went at $200 per acre, judging from it's location, and perhaps more, which would make the total for the days transactions in these big deals, ap- proximately, $90,000, a nice run of business for a winter day in Phoe- nix, Arizona
 The most notable sales, by reason of the interesting of new men or | high commercial standing, were those transacted through the office of the Phoenix Trust company, though the H. l. Latham company made one deal with one of these gentlemen. The other transactions to be men, toned were through the Latham company.
 The deals in which the Phoenix Trust company figured were the sale to Charles R. Sligh of thirty acres, to Leland J. Clark of thirty acres, and to Al. J. Clark of twenty acres, all in section 8, township 2 north, range 3 east, or better described as in block of Orangewood, west of Gen. tral avenue. Whether the prices paid on these three tracts were all the same, was not made known, but it was learned that the eighty acres went at the rate of $500 per acre.
 MT. Sligh is president of the Sligh Furniture company, of Grand Rapids, Mich, a well-known business man of that city Leland J. Clark, a nephew of MT. Sligh, was formerly resident of Grand Rapids, but now calls this county his home NJ. J. Clark is a lumberman of Grand Rap ids, accounted by those who are in a position to know, as in the millionaire | class, and is a relative of L. J. Clark. These three gentlemen are intimately associated and have bought home places close together. It is the pur- i pose of Mir. Sligh and Leland J. Clark to prepare at once for the cree tion of fine country homes on their new holdings the coming fall. MT. Clark came here about a week ago, and will return east in a short time to close up his business affairs, com ing back to Phoenix next fall to re- main permanently. MT. Sligh is also accompanied here by a brother Dr. Sligh.
 The other transaction in which MT. Sligh was the buyer and which marks the highest price ever paid for acre age property in the valley, except, possibly, some very small holding ad- joining the city limits, was the sale of the Arndt tract of twenty acres, one-half of which is planted to orange trees, the selling price being s17,O0O. Mir. Arndt came here from Ohio for his health last winter, and bought this property for s12,000. He has since harvested an orange crop and sold the property at an advance of $5,000, so 1t may be easily seen that he has lost no money dabbling in Arizona orange land.
 The next group of sales closed up invaded the purse of R. P. Davie, general. manager of the Southwestern Sugar and Land company. These sales are less notable only in that MT. Davie has known what this country was for a year or more, and the only wonder was that he did not dip in before. Probably the chief reason was that he was so busy prosecuting the sugar company's plans and in vestments that he didn't have time before to take advantage of any of the good things on his private ac- count. Nobody has been worried about MT. Davie, however, for it has been known all the time that sooner or later he would get into the game. He has made too many successful land investments elsewhere to over look the fine opportunities here.
 MT. Davie bought of the Glendale Land company, through the Phoenix | Trust company, the east half of tho northeast quarter of section 6, town ship north, range east. Of the Southwestern Sugar and Land com pany he also bought the west half of the same quarter, making a full quarter section. For this quarter he paid s15O per acre, or $24.00O. In the immediately adjoining section on the north, section 31, same township and range, he bought of H. l. Latham forty acres at s200 per acre, or sS,- coo, making a total investment of $32, 900 yesterday. This last forty is described as the northeast quarter of the northwest quarter of section 31
 Mir. Davie said last night that he had already let a contract to plant the Latham forty acres to navel oranges, and another for the break ing of the 16O, which he proposes to
 
 to oranges next year.
 It was learned also that Mir. Latin am has sold the adjoining forty acres, one-half to w. S. Goldsworthy and the other half to a gentleman whose name could not be secured last night, all at $20O per acre.
 Another transaction, completing the 3S0 acres that changed hands yester- day, was the sale to Lafayette Myers by the Sugar company of the south half of the northeast quarter of sec tiOn g, in township north, range 2 east. That is just east of Center street and on the east side of Orange wood, as the Davie holdings are on the west side. While the considera- tion was not made known, the land is surely among the choice buys and doubtless brought a good figure.
 MT. Dapie announced last evening that since the Sugar company had offered a portion of its holdings for sale, which has only been a few days, over 500 acres have been practically sold, but the deeds have not passed yet, and he did not care to announce the buyers until the deals are con- cluded. He said he appreciated as well as. anybody that the lands would bring more money later, but the com pany has such a large acreage that