The Washington times., 1909-02-27
OWNERS TO BUILD
SHADYSIDE HOMES
Stockholders in Washington
Maryland Company Have
Unique Plan.

Details OF a unique realty investment
have Just come to light IN an announce
ment made today that the tract of
twenty-five acres, lying at the entrance
to Takoma Park, which was taken over
last November by corporation known
as the Washington Maryland Company,
is held for thirty stockholders. living
outside Of the District. who intend to
build on the property within a short
time.
The first move will be made Monday.
when ground will be broken for four
houses, which are 10 be erected by
stockholders in the corporal ton. Work
viii be started on other houses short
" All the building operations are to
10 conducted under the supervision Of
one firm of architects, and it Is be
AeNe0 that, within year, practically
every stakeholder Will own property in
the tract.
Real Purpose Yelled.
When the subdivision. which is
known as "Shadyside," was taken over
by the corporation last fall, little was
known of the promoters back of the
deal. Following the purchase. grading
was commenced, the tract was blocked
of, streets laid out, water ana gas
mains put down and other improve
mentS made.
The opinion was generally held that
the property would be put CT the mar
DOuncement was made.
The stockholders, ii now develops, are
persons living IN Frederick, Middle
Town, and Meyersville, Nd, and
WaynesbOrO, Pa. The president OF the
corporation, which is capitalized at
$4,000, Is S NJ Widdup, with offices
now in Washington, who viii be among
the first to build on the property. The
architects, who have been employed by
the corporation. are Matthew @. Lepley
and Albert 3. Nichols, and the con
of Nrr han~~ IA A.
ed contracts sOr the first buildings 10
Hill.
The houses, which will be begun the
first Of the week, are for S. NJ. WiddLp,
Mrs Joseph NJ. B. Widdup. and Charles
w. Shafer, Of MlddletOwn, Nd. The
Widdup houses VIII be erected on
Georgia avenue, and the Shafer nome
on Aspen street. It is understood that
fifth house will be started the week
following on Georgia avenue
Mr.. Widdup's House.
Mr.. Widdup's house will be Holland
mission design, and will cost approx
mately $500 It will be "pebble-dashed"
and framed. with pedinents over two
towers in front and 4 brick driveway
at the side. Eight rooms, ia addition 10
a reception hall, den, kitchen, and bath,
VIII be contained IN II, and the lot on
which it will stand Will have . frontage
OF forty feet.
The two residences to be put up by
Mrs. Widdup viii cost in the neighbor-
hood Of $500 each, Deing square and
compact in style, having a frontage OF
thirty-four feet Tn features of these
buildings will be that each room is TO
be provided with a fireplace. Practi-
Cslly the same general design will be
followed by Mr., Shafer, who will spend
approximately $3.50 on his house.
While It is the intention Of the stock
holders TO build homes on the property
for their own use, in a number OF cases
additional houses Will be put for in
6ividual investment purposes. This Will
be the case with the Widdup and Sha-er
, buildings. Il is the intention Of both
Mr.. Widdup and MIR. Shafer, however,
10 erect two $4,000 residences before
summer which they will occupy Plans
are already being drawn for them.
That the section VIII eventually be
one OF the prettiest suburban tracts IN
Washington is assured No stoCkhOldeI
viii be allowed TO build houses unit
plans for the same have been approved
BY Architects Lepley & Nichols.
L was stated today that when a mum
her Of the dwellings have been com
pIeted steps viii probably be taken b7
The stockholders 70 erect a large auC
modern apartment house, on the tract
as an investment. Tor the present
none OF the lots contained In the TWEEN
fv-tvyo acres is offered for sale and tn,
improvements are being carried Tor
ward by outside capital entirely.