The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-06-30
MISUNDERSTANDING
co m e in tn e New
Development.
SALE AND RESALES:
G O 0 D BUSINESS
There Are Some Things of a
Local Character That Is
Worth Thinking About.
Industrial Development
and Local Real Es-
tate Stunts.

Ihere has .een a kind of summer
quietness In the real estate regions
Tor the past week. and yet there has
been some right lively things doing
on the quiet They are very much
on the quiet. l mean some of the big
things that have been doing. To IL
iustrate: I heard on the curb that n
certain deal had been made involving
more than quarter of a million dol
lars counting the swaps and the ex
changes and the trades and all that
ki of thing as they might have been
made going and coming When got
down to the bed rock found that
nothing had really been done. but
not less than three agencies were in
most hopeful condition. hopeful as
10 developments that might turn ont
good commissions for themselves and
maybe II all of the agents got all of
me Emissions coming to them they
may nave good Fourth OF July time.
Big Things Done.
unquestionably the biggest sale Of tha
week was that of the three stores 7y4
20 and rs East Main Street The sale
was made by the estate of Charles
=. Williams. and engineered by tho
III estate concern ot William h.
tH|'hi company, the motive power OF
Mr. Franklin.
Times Dispatch man who called
ON the Pizzini firm for information
vas informed by the head OF the same
.na' ne was not at liberty at this
.,ihe TO divulSe either the name OF
ne purchaser or the details Of the
sue nut volunteered the information
"eeh an eye-sore to this rapidly do
ve'oplns section Of Main Street. would
ne demolished and the property de-
.eioPeu along modern lines as soon as
We present leases on the property ex
Some Inter News
later on the inquisittve man of news
ai'eu tnat me purchasers or the prop
ertS were Gilbert X Pollock. n prori-
nent member OF the CITY Council and
me Kaufman. Broad Street merchant.
VINO knows good thing when he SEES
IT, GILBERT Pollock has somewhat
similar eye. Anyhow. these two
nousht the property on what they con.
sidered a good speculation. and a RICH,
Sou speculation 1t has proven to be.
lor before the sun went down vcsterdav
they had sold one-third OF II for
mighty big profit. What thev propose
10 DO with the balance of 1t remains III
ue seem nut IL is said that they intend
'hat the old eycsores Will fan down
ana who knows but what skyscrancrs
or something like them may set there
IN great shape The one-third that tho
new purchasers sold is said 10 hovs
gone to that good man stump. Who
owns the good hotel adjoining. Pos
s!nlE ne Is hXinS for enlargement All
| richmond is for enlargement. and thar
man stumpt is a Richmond idea kind
of n fellow.
Another Thing All Right.
IN. next biggest sale that l have
heard or was that of the Woodbridpa
property. at the corner Of Seventh and
grace streets. This historical prom
ely was bought by Ralph Levy and
Nicnard Moore. and they bought IL on
speculation. hear thar they paid
$4,000 FOR 1t. and that they propose t,
tear down the old 1911 house thereon
anu oter the property as a twentieth
| century proposition.
/ hear OF number of other Local
deals. but am urged TO hold down as
10 deals and as To details. for polttica
holds all the space now.
10 sum the whole subject I'm. tho
deals in real estate in Richmond for
the past week have been very favor
aoit to the folks who deal therein. but
'heS are Very reticcnt as to details
Forced by circumstances beyond thar
control to move their Offices from Eiey.
enth street, which they had occupied
Gas TO the senior member for forty
three years. the well-known firm Of
y W Bowe & Son have taken offlceg
al Ito North Seventh Street. in a build
ing or their own. which was planned
ana constructed TO meet the reauire-
ments of their large and constantly
growing business. and in doing so thew
did not at all overlook the matter Of
comfort and regard for appearances.
ihey also had very cute eye to bus
mess, in that they recognize the fact
that the rea! estate business is moving
uptown The n ". Bowe concern is
old enough to know a good thing when
II sees 1t. and it knew when TO move
higher M.
j. ID. carneal & Son report several
large sales during the past week. among
thom being the sale OF the properly
100 West Grace Street. at $4,000.
Renting is still very brisk
The Old real estate firm of Mcveirh a
Glinn, which has occupied OFFICES ar No
III; Eas; Main Street since the nrn, ~.
into business in 1899. has moved to tha ratY
offices. No North Eleventh Street Witch
location Is considered the best real estnI.
section in the city. and has always besn
$40
G. S O. Getting Straight
Columbus, o., June 23.-The Chesapo.ka
and Ohio Railway o. Indiana has f!ed am
plica;on with the Ohio State comnissIon
and 900 hrst mortgage 5 per cent twen
ty-year bonds. These securities will ro. tnto