The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-07-18
Nv. Johnson, F. Johnson, W.
H. Afford, F. Sillory and
Other indianapolis Capt.
salists buy Large Estate.
SEVENTY THOUSAND
DOLLARS WAS PAID
City Has Agreed Not to Run
Streets and Alleys Through
Addition, One of Handsom-
est in Indiana.

The deal for the homestead of the
tate Mrs. Caroline M. Reeves has been
consummated and the property passes
into the hands of indianapolis capital
lists, who will plot 1t and make it one
of the most fashionable residence dis
tricts In eastern Indiana. The pur-
chase price was $4,000 and other con-
siderations.
The transaction was made between
A. ID. Gayle of the First National bank,
representing the heirs of the late Mrs.
Reeves. and Walter and Fletcher John
son, w. II. Afford, Fred Sillory, and
+. G. Gardner, all of Indianapolis. The
Messrs. johnson are real estate. deal
ers at Indianapolis with their office
In room 500 Law building. Mr.. AL
ford formerly resided here and was in
terested in a number Of businesses.
Mr.. Gardner is secretary and treasurer
of the Atkins Saw Works company.
A company will be organized by the
purchasers and the addition improved
and afterwards placed on sale. Work
on plotting off the addition and get
ting II In shape for inspection will be
commenced within a few days. w. II.
Afford and two or three others In the
company will move their families here.
The home offices OF the company will
be located In the residence of the late
Mrs. Reeves.
viii BE No Streets
The city will not demand that
'Reeveston Pace" be intersected with
streets and alleys. The purchasers
were informed by City Engineer Fred
Charles that whatever was done which
would tend to make the city more
attractive and beautiful would meet
with the approval of the administra-
ton. The boulevards and drives in
the addition will be winding and ir-
regular and located in such manner
as to make them both convenient and
attractive.
Building sites will front on these
drives. There will be lots consisting
of an acre or more and others Of small
located to suit the depressions and
small raises in the addition. Some
restrictions will be placed on the kind
and style of buildings which may be
built. Just what these restrictions
will be has not as yet been deter.
mined.
Lots will be sold for reasonable
prices. the purchasers say. Some will
be less than a thousand dollars while
the more select will be over this fig
ure. The engineering party which
will determine on the size of the lots
and the locations of the prospective
homes will begin work soon.
As regards the sewage, water and
possibly central heating system,
nothing as yet has been worked out
In detail Both water and sewage will
be provided. The company will also
investigate the possibilities of GEN.
tral heating system for the homes in
the addition. Another matter under
consideration pertains to central gar
age Of large proportions, making no
necessity for outhouses of any char
acter.
Gipe of Indianapolis arrived Tuesday
and will commence his work at once.
He has made inspection of the prop
erty and declares 1t is one Of the most
beautiful estates, he has ever seen.
He refused to be connected with the
were run through the estate.