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.

Peachtree Street, being the Peach
tree and Houston Streets corners Of
the Cruickshank Building, formerly
known as the Peck Building. The
floor space is about 1900 square feet
This entire property was leased
some tine ago from the Peck estate
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 141 Peachtree for a term
of approximately eight years at
total consideration of about $4,000
or more than $4,000 year. The
Crulckshank 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 gen.
eral drug, soda water and prescrip-
ton business. When the Cruickshank
Cigar Company has taken out the
soda fountain they will install one of
the largest and most expensive hu-
midors in the South. Mr.. Cruick-
shank states that in this additional
space he will increase his cigar ia
cilities.
B. NJ. Grant & Company have also
leased for Mr.. Cruickshank the en-
tire second floor and most of the third
floor to Veltrie & Harmon, for a
term OF about eight years. Thelessees
will conduct a mems tailoring estab'
lishment.
important Realty Meeting.
A 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 IL 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 corporal tons 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 y
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.
McGaughey, 269 East Hunter Street
for Mrs. A, NJ. Campbell 70 I. NJ.
Nfadlcbrooks. 29O OTmond street, Tor
Mrs. E. NJ. Holman to d. W. Hlley
a BgIethorpe Avenue; for L. h Eur
line TO NJ. w. Cole. % Rogers street
for DiIlin- Morris Company TO X ),
Neckle. 23S Lake Avenue; Tor jacob
Auerbach to J. J. Slappy, go Mlnos0GF
street. for c. p Murphey 10 MIS- NJ
r Srr,iu rs Wellington Street, for
Mrs NJ d. Trippe TO Walter Cone, 81
Nils street. for NJ. Leiverson to j.
4. Finch. 324 Houston Street and IoF
w d Palmer to Mrs. W. {. smith,
"a Cooper Street.
Realty Business Good.
The mast few DAYS In the real estate
market have instilled a great deal OF
ronfidence in local land dealers. Pros
poets for good crops, easier money
and general confidence have hao theIr
effect. ..A.
prevailing sentiment. 5000
Business Is picking up, declared
Ralph O. Cochran, head OF trfe Hiii'
that bears hts name.
we expect an unusually good sum
mer." asserted Charles p, GloYer, heiJ
Of the Atlanta Real Estate Board ana
the Glover Realty Company.
Thursday we had more inquiries
for property than we have had IN
long time. People believe crops are
going to be good" was the comment
OF ]. H. Ewing, Of the Smith & Hwlns
Things look better to me" said
Milton II. Lehman. Of the A r. LleO-
man Company.
ahead" declared Lowry Porter Oh
Porter & Swift.
'Tbe man who's not selling real
estate is not working mp TO capaclIy1
was the comment Of T. Q. Holmes, OF
the Holmes & Luckie Realty COM
pany. I'VE have no cause 10 CONF
Edwin P. Angley. Shelby Smith,
Forrest Adair, s. 3. thurman. b. NJ
Grant, George P. Moore, l. + - BOZ
tenfield, John D. Babbage, NJ. Z, hlseL,
Harris G. White. William A. Nernoy,
and others Joined in the genera
chorus
Mr.. Gamblers Purchase.
Considerable interest was manlIesl-
ed Friday in local realty circles over
the purchase BY Asa G. Cancler on a
tract in Chicago for the erection. or d
-au-story building at a cost OF S5VV,-
000. Mr.. Gambler now has holdlnIgss ~
Chicaso, Washington and New l ,3if.
a s well as In Atlanta and oJneI 80
where his soft drink business ASSUMES
iarge proportions AK
The price paid for the p J.. ~ -
foot parcel was $4,000, OF $50,
front foot. about the price that Wo ,.l5 |
he paid in Atlanta at PeacaJFee az
Currier or Poplar and LucE-e- -
tract adjoins property aireaHy yE I
by Mr.. Gambler. which gives nun
combined frontage Of ia l-3 fee-
West Peachtree Houses .-.-
Three new bungalows are g.t-
built in West PeaChtree PARK. N---l
e0rregDonds 70 Thirteenth street anu /
Is Just to the east Of West fta-'-- -
Street. The houses face norm 60
re an attractive addition 20 h-lSL
borhOod composed Of mecluIl- s'@'''
but very artistic dwellings. zoe
Ten years ago West Peaeali- - "
virtually wilderness, with ol.E az
.F sixth street. J.