Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-01-22

visit 20 the show by the Real Estate ex-
change members, has been accepted. 1t is
arranged that the exchange men shall at
tend the show in body after their regular
weekly luncheon.
Among the real estate transfers Of the
week were: A house at Thirty second street
near Hanscom park to Florence B. Near
thur; a house in Kountze place from Mrs.
ID. Stllman TO George w. Cogdon; two lots
from Herbert X. Dunn TO Charles Horn at
Davenport and Fifty-second streets; five
acres Of land from the South Omaha Com
mission company to Nicholas f. Kriebs.
The c. c. George Realty company nego-
tiated the foregoing deals.
George NJ. DerlIe, general manager OF
the Parlln-Orendorf q Martin Implement
company intends building an unique resi-
dence Of the Craftsman style at 5133 Daven-
port street. l. II. Arey is to build the first
house In the new Happy Hollow circle at
Fifty-second and Cass streets. II. H. Nc
Duff Is to erect a house on Thirty-sixth
street near Mason street.
All the signatures but one have been
affixed to the petition for the new pave
ment on Tenth street. The prospect is
that in the repaving OF this street a new
thOroughfare adequate for all the traffic
will be opened to the Union depot. Ninth
street is also to be repaved. being in
cluded in the $4,000 worth Of paving to
be done in Omaha this year.
By the action OF the city council last
week $1,000 Of the $1,000 appropriated for
general grading purposes has been appor-
toned for the work. Nine thousand four
hundred dollars will be used to pay one
half the cost of grading South Sixteenth
street from Spring avenue to the city
limits. 1900 will be used to pay one-third
of the cost OF grading Cass street and
500 for the grading OF an alley in the
Tenth ward.
What promises to result in the erection
OF a splendid club building was the pro-
ject brought up by a meeting OF several
dozen university men at the Commercial
club Saturday. All the alumni living in
the city and numbering several thousand
men intend forming a university club and
building or leasing commodious quarters
in the near future.
1t is not known just how soon steps will
be taken for the actual establishment Of
the club home, but the plan is to get at
least temporary home at once and to
prepare for the construction Of building
as soon as such an undertaking can be ac-
complished.
All the leases involved in the erection of
new building by the woodmen Of the
World have been signed up and work on
the location will be undertaken soon. 1t
is expected the contractor will begin tear
ing down the building at Fourteenth and
Farnam streets for the woodmen project
by February l. The Rock Island railroad
which occupies quarters there now, will
be removed TO the quarters now occupied
by the Albert Calm store across the street
The lease of the two top floors OF the
new building to the Commercial club was
arranged without hitch, though 1t was
not formally completed for several days
after the agreement
It was announced last week that the Ne,
braska Clothing company is planning ex.
tenslve remodelllng OF its store at FIJI.
teenth and Farnam streets. The entrance.
way probably will be changed and the in,
terror decorations and fixtures are to b,
improved.
About the latest important subject o.
discussion among real estate men OF thu
city is the movement for and against
change in the Nebraska mortgage laws
Almost unanimously the realty men agre,
that the present mortgage law regulating
the payment Of taxes on mortgaged prop
erty Is unjust and is causing money to b.
taken out OF the state, but few oppos
all the solutions presented thus far 70 tn
difficulty. The plan 70 have the value o
mortgages taken for one tax and the DIFF
ference between that and the value Of tn
property taken for another, thus elm
mating a complete double tax. is declare
20 be impracuoable by certain experts
They say such a law would not stick
A business change Of uncommon interes
and extent occurred during the last wee
In the purchase by Sunderland Bros OF IN
c. b. Ravens a Co. building material busi
ness
The Hnvens mPany handled large quan
titles OF face brick, sand cement and con
strucuon spe cialties and the acquisition q
their business has added greatly to IN
importance OF the Sunderland concern.
EpEAH PAl 00M MONANE