The Richmond Virginian. (Richmond, Va.) 1910-1920, 1911-03-18
ANOTHER BIC DEAL
IS PUT THROUGH
Property at Second and Broad
Brings 500, 900, is Well
Founded Report
w. WITHERS MILLER Is
SAID TO BE PURCHASER
Fourqurean Co. Denies it
Will Occupy New Store
to Go Up Next to Its
Establishment

Activity in Broad street property
during the past week continues to
engross the attention OF operators In
Richmond realty, who have contend
ed all along tina; property on this
Shcroughfare would come into its own
seener or later.
And IL may be mentioned that the
PURCHASE Of the brick store property
NJ Se4 East Broad street some days
ago by J. b. Elan for $4,000 prac-
ficaiiy started things a-going. Mr.
Elam. who In the senior member OF
The firm of Elan e. Funston, is re-
Earde6 as one OF the safest operators
and investors In the local realty field,
and Ii is undoubtedly a fact, as
member Of the firm of Shea s. keegan,
4 wkro negotiated the deal, pointed out
SATURDAY. that Mr.. Elam's judgment
in acquiring the Broad street property
set other investors to thinking that
they might jump In and do just as
we'll
Sells for $4,000.
According TO a weilfounded report.
4 Broad street deal, second only 10
that at the northwest corner OF sixth
and Broad streets, where the Broad
Street Bank. through Colonel John
Murphy, acquired property for 1884,
500, has been negotiated at the north
east corner OF Second and Broad
streets, This property Is said to have
brought $500 at q private sale with
In the past few days. The property,
consisting Of two three-etory brick
stores, faces ~ feet on Broad and In
GLIDING three small brick stores fac
ing on Second street In the rear, mas
I total depth of 137 feet. w. Withers
Miller, who is reported to have pur-
y chased the property az an investment
with the view perhaps of improving
IL later, would not deny that he was
the purchaser when seen Saturday
morning He referred the man OF
news to members of the real estate
and insurance agency who owned the
property, and IL so happened that the
member who gives out Information to
the press was out of the city ana was
not expected back until later in the
day.
Won't Move Quarters.
For some days II has been reported
that rouraurean- Temple g. Co. had
practically signed up to occupy the
new store at the southwest corner OF
Fifth and Broad streets, which fhil
Harris is going to erect next 10 tnis
company's establishment. This report
however, was denied in emphatic
terms Saturday by the manager or the
COMPANY, VINO EAtu lltdt tS no. fa~~. -
il repeatedly for some time. nut could
imagine -he#it originated
Bids for the new store. which Is to
< be either four or five stories high. with
Offices above the ground moor VIII
be opened at O'Clock saturday al
tarnoon. The structure Will be OF
brick and will cost in the 1eighbor-
\ hood of $4,000. according to plans
drawn by Charles Ii. Fisher, a Rich
Nat long MT.
Harris liz said TO have been offered
d $3.50. 600 for this site, or $4,000 front
faof hut the terms under which he
acquired the property prevented MIN
from selling Mt any price, II appears
Mr., Harris hopes to have the ouiid-
II ing completed within rFe months. IN
fact. the contract terms supuiafe that
the structure be ready Tor occupancy
II the expiration OF that time. Ine
quantity of plate glass to be used In
front and on the Fifth street side of
the store will exceed that in any other
store in Richmond, according TO plans
approved. The building VIII nave a
depth of 100 feet, with stairway IN
the rear opening on Fifth street, lead
ing to offices above the store.
Looking for Lessee.
IA soon as a lessee Ii secured, Ii is
understood that the Broad Street Bank
~will have plans drawn for a" new
store building on the northwest cor
nnr of Sixth and Broad streets. which
il acquired a few DAYS ago. me L.
ID. Kenny Company. which has been
occupying the store on this corner Tor
a number Of years, has secured a lease
on the property now IN course OF
erection at eos East Broad street.
ARRANGEMENTS for possession of new
home having been negotiated through
the firm of J. A. Connolly 81 Co, the
company expects TO get into Its new
quarters not later than July j.
Al the northeast corner OF Sixth
and Broad streets three new stores
will soon 20 up, work OF demolisn-
ing the old structures having already
begun. The first OF these buildings,
that occupying the corner lot. VIII be
built by Mrs Katherine d. Hagan.
who will erect a three-story and cell
lar building fronting on Broad street
and running back as feet in Sixth
street. Adjoining the Hagan prop
erty on Broad street. Mrs. Annie f..
steinbrecher is preparing to erect a
fhrse-story and basement building ex-
tending back to the market place.
Adtofninr this, Charles r. Friend has
awarded q contract for three-story
business building.
Erect Big Building.
big business block Is now IN
course OF construction at the north
east corner OF Broad and Eighth
streets. This building 10 to be four
stories high and will be completed
\ By August 1. The ground floors VIII
bo stores and the upper section VIII
be occupied by the Massey Business
Il College and other offices.
Another corner on Broad street
4 Nhtch Will be improved. is that at
broad and Fourth streets tsoutheast