Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-06
Peachtree Lease
Made at $4,000
Drug Company Takes Peck Corner
Eight Years-lmportant
Meeting Monday.

tree anu houston streets corners Oh
the Cruickshank Building, formerly
known as the Peck Building. The
floor space is about 1900 square feet.
This entire property was leased
through B. NJ. Grant & Company to
the Cruickshank Cigar Company. The
Cruickshank Cigar Company has now
leased to the James Drug Company
the store at al Peachtree for term
of approximately eight years at
total consideration of about $4,000,
or more than $4,000 a year. The
Cruickshank Company has also dis
posed of its soda water business TO
the drug concern.
The James Drug Company has in
stalled one of the handsomest sets Of
fixtures in tlanta and will do a gem
eral drug, soda water and prescrip-
ton business. When the Cruicloshank
Cigar Company has taken out the
soda fountain they will install one of
the largest and most expensive hui
midors in the South. Mr.. Cruick-
shank states that in this additional
space he will increase his cigar ia
cilities.
B. NJ. Grant G. Company have also
leased for Mr. Cruickshank the en-
tire second floor and most of the third
floor to Veltrie & Harmon, for
term Of about eight years. Thelessees
will conduct a mems tailoring estab'
lishment.
Important Realty Meeting.
meeting of the utmost importance
to real estate men, office building
managers and property owners gem
orally will be held Monday at noon in
the Chamber of Commerce rooms on
the fifth floor OF the Empire Building.
At this time the question Of the pend
ing income tax measure Of the Federal
tariff bill will be thoroughly discussed
and II Is belieevd that a formal pro-
test against some items of the meas
ure will be lodged with United States
Senators A. o. Bacon and Hoke
Smith.
The bill has passed the House and
is now up to the Senate. A provision
which realty men and building man
ayers find obnoxious Is that which
provides that tenants shall withhold
rents from landlords. The bill, II is
contended, represents double taxation.
Fxpenses will be taxed as well as in
come, and corporations doing business
at a loss will be taxed on their losses.
Charles P. Glover has sent out no
tees of the meeting in the name OF
the Atlanta Real Estate Board, and It
is expected that a large number OF
people will be present.
Leases BY Cochran Company.
The Ralph o. Cochran Company has
rented or leased the following places
within the past few days:
For Mrs. A. H. Perkins to K. j.
NTcGaughev. 269 East Hunter Street;
for Mrs A, NJ Campbell to /. NJ
NIfddlebrooks. 29O OrmOnd Street; Tor
Mrs. +. NJ. Holman to d. w. Hilley
al 0gIethorpe Avenue; for l.. II. Eur
line no NJ ". Cole. % Rogers Street.
for DfUin- Morris Company to K. J.
NIeckle. 23S Lake Avenue; for Jacob
tuerbach to J. j. Slappy, 295 Windsor
street. for c. p Murphey to Mrs. NJ.
r SpruiIl. Is Wellington Street; Tor
Mrs. NJ o. Trippe TO Walter Cone ~
Mills Street, for NJ. LeiVerson 70 ).
A. Finch. 324 Houston Street. and for
W. u. Palmer to Mrs. w = Silll'h'
"a Cooper Street
Realty Business Good.
The mast few DAYS in the real estate
market have instilled a great deal OF
confidence in local land dealers POS
pects for good crops, easier money
and general confidence have had their
effect.
A few expressions are typical Of the
prevailing sentiment. ,,
Business is picking up declared
Ralph o Cochran, head OF the hrm
that bears HE name.
I'VE expect an unusually good sum-
rner." asserted Charles P. Glover. mead
Of the Atlanta Real Estate Board ana
the Glover Realty Company.
Thursday we had more inquiries
for propertv than we have had in
long time. People believe crops are
going to be good" was the comment
OF ]. II. Ewing, OF the Smith q Ewing
agency. IA
Milton H Lehman. Of the A. F. Lieo-
man Company ,-
ahead" declared Lowry Porter OF
Porter & Swift.
"The man who's not selling real
estate is not working up to capacity
was the comment OF T. G. Holmes, OF
the Holmes & Luckie Realty Com
pany. we have no cause to COM
plain"
Edwin P. Ansley, Shelby Smith,
Forrest Adair, s. B. thurman b, NJ
Grant. George P. Moore, l. P. Bot
fanfeId Job1 d. Babbage. NJ. c. Kiser.
Harris G. White, William A. Vernoy
and others Joined in the general
chorus.
Considerable interest was manifest
ed Friday in local realty circles over
the purchase by Asa G. Gambler or
tract In Chicago for the erection OF
ten story building at cost OF SouV,-
600. Mr.. Gambler now has holdlngs Ia
Chicago. Washington and New YORK.
as well as IN Atlanta and other cltles
where his soft drink business assumes
The price paid for the p IL by l45
foot parcel was $4,000 or sl,254 4
front foot. about the price tnat WoulI
be paid in Atlanta at Peacntree anu
Currier or Poplar and Luckie. Inc
tract adjoins property already oWheu
bv Mr.. Gambler. which gives MIN
combined frontage Of ia l-S feet-
West Peachtree Houses.
Three new bungalows are PENS
buirt in West Peachtree Park. WhlcI
corresponds to Thirteenth street ana
is lust to the east Of West Peaehlregs
STREET The houses face north ana
are an attractive addition 20 nelgn-
borhood composed Of meclliil -sl@'''
but very artistic dwellings.
Ten years ago West PeacaJree Wa
virtually wilderness with only an
occasional house north of sixth street.
out to-day il is almost soId-E ouil
5--, a1org its entire extent