The San Francisco call., 1909-09-05
LARGE LOANS MADE ON
SAN FRANCISCO REALTY
Largest Mortgage Recorded
Last Month Secured S85O.OOO

Permits have been issued for two
buildings of considerable cost to be
erected at once IN central neizhbor-
hoods. The plans for structure to
be erected by Ethel Wilson on the
south line or Bush street, 1877 feet
west of Taylor. call for four story brick
apartments. which will cost at least
$50, 900.
James Irvine has secured a permit
TO erect three story brick structure.
to contain offices and lofts. onythe north
line of Market street. 400 feet east
OF Marshall street, at cost of $40 0O0
The Dennan estate company will
build frame stores and apartments on
the southeast corner of Clay and Polk
streets. at a cost of $4,000.
Contracts have been awarded for the
erection OF a two story brick packing
house on the southeast corner of North
Point and Taylor street for the West
ern Feed company. to cost S10.s75.
From advance sheets of Thomas Ma
gee & Sons real estate circular figures
relating TO large loans that were
placed on San Francisco real property
In August are taken as follows:
The largest single mortgage recorded
during the month was bond mortgage
given by the Realty and Rebuilding
company to the First Federal Trust
company for s65o.o0o, on property at
the corner of Fillmore and Eddy. at
Market near Montgomery, Ellis and
Taylor. Van Ness and Ellis and Kearny
near Sacramento.
The Firemans Fund Insurance COM
pany lent to Charles and Gertrude S.
B. Saunders s225.D0o on the southwest
corner Of california and Battery
The San Jose Safe Deposit Bank of
Savings lent to the estate of w w
Young $4,000 on the west side of
kearny street between Post and Sutter,
Isaac Kohn lent to l. L. Borden s75.-
900 on the southwest corner of Green
wieh and Battery streets. 275 by 1874
The Fireman's Fund insurance com
pany lent TO James 7. Kelly $4,000
on the northeast corner of Montgomery
and Sacramento streets. so by so.
forns hs bSe socsg 9eRk ss os $ 'on on cs The
north side of McAllister street between
Hyde and Laskin, s7h by 1919
lent the Adams company $4,000 on two
parcels, one on the northwest side of
Mission street between Fifth and Sixth,
so by $50, and the other. northwest cor
ner of Cough and Fulton streets, 137s
by f371a.
The Hibernia bank released the cor
ner of Brannan and Stanford streets
gomery to the Del Monte milling COM
pany in the amount OF $4,000
The Pacific Mutual Life Insurance
the northeast ASsu corner @ Of dn Montgomery e,ry
and Sacramento streets and the south
east corner of Montgomery and Com
mercial streets in the amounts of $780,
00o
The German bank released the west
side of Powell street, between Ellis and
OFarrell, in the amount of $4,000.
A loan of $550,000 at per cent net
for five years was negotiated last
month on the City of Paris building
corner of Geary and Stockton streets.
The lender is the New York Life in
surance company. Another loan re-
ported by the New York Life insurance
company is one of 100000 to the
Olympic club: These two loans are in
process of closing and no doubt will
be recorded during the month of Sep
tember. The New York Life insurance
company. which recently lent 1900, ,000
on the Monadnock building and $1,20o.-
600 on the Lick building, is continuing
to invest money in large amounts In
good mortgages in San Francisco
When the two pending loans are closed
this company Will have invested $3.50
600 in loans in San Francisco within
the last nine months.
The following shows the total
amounts of actually recorded loans
made by Eastern and local life insur-
ance companies since the fire: Equit-
able Life assurance society, s3.750,000;