The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1912-02-15
SOUTHERKS FARM
SOUGHT FOR SITES
Board of Trade is Leading a
Movement to Acquire
the Property.

the Properly.
A meeting of the full membership
of the board of trade and all other
citizens of clarksburg who desire to
attend will be held within few days
in the assembly room OF the Waldo
hotel for the purpose of taking steps
to purchase the George W. Southern
farm near the new fair grounds for
factory sites, on which there is now.
an: option.
R B. Wilson, L. S. Hornorr and
Charles B. Alexander as committee
to report on the advisibality of pur-
chasing the farm has made the follow
ing report to the board
Your committe beg to submit the
Southern farm for a purchase for
factory sites:
ESTIMATE OF COST.
Cost of farm as per contract,
$4,000, less commission
net price ................$ 1920, 900
Cost of reservations. ...... 1850
Cost of grading streets and
alleys Observation-Disclosures. 5000
Cost of building railroad or
switch Observation-Disclosures. 1880
Total cost .........y...! 1856, 900
To explain more fully just what
we mean by reservations, farm is.
owned by G. W. Southern, with. deed
recorded making the property over to
his boys at death. Prior to this deed
were six other deeds conveying about
two acres each to six boys, four OF
which are willing to sell for $13,50O,
or they are willing to allow thetS
tracts to be used in the subdivision
of the farm, and take the same
amount of ground after the streets
and alleys are laid out, but in this
case they would receive from $4,000
to $4,000, for what you can buy if
taken with the farm for $4,000.
Understand that 14O acres OF this farm
is not under lease and the gas and oil
rights to go with the property.
The terms of sale are $4,000, cash
in hand, and the balance of the pur-
chase money in six equal notes, one,
two, three, four, five and six years,
made payable on Of before, with in
terest at six per cent per annum, Sc
cured by vendors lien on the prop
erty. The Southerns have agreed
that as the lots are sold, the cash
and notes are to be put up
in escrow for the sale of lot or lots.
and they will release on that basis,
provided the cash payments are not
less than one-fourth down.
You will note that this gives you
forty acres of the best laying land in
the vicinity of Clarksburg for factory
sites, and owing to the fact that the
street car line is to be completed by.
the way of Clarksburg Industrial, on
the east side of Elk creek, forming
a loop line to connect by the way of
this farm to the fair grounds, will
be an inducement to those who might
want factory sites within the limit Of
five cent street car iare, and 1t is
the only available piece of property
that this committee can suggest with
in close proximity to the street car
line and water.
This committee has looked over
other properties and find this tract
the most available, and in fact the
only one in around Clarksburg
that could be dse1 for the purpose of
sites for factories, and as this option.
expires Saturday February II, it is
very important that some action is
taken quickly, for the reason the
Southern people state that il this
option expires their price will be.
$4,000.
II the property is purchased there
is no doubt but what property owners
adjoining the Southern farm will
give some free sites in addition to
what we might have to give on the
Southern farm, for example Fuccy
and stonewall Park people.