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


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 a
total consideration of about $50, 900,
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 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 LOT MT. OTulGkSIdIh the tll-
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 viii 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, It rs
commended, 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
"A
is expected that large NUMBER OF
people will be present.
Leases by Cochran Company,
The Ralph Q. Cochran Company mas
rented or leased the following places
within the past few days:
For Mrs. a. H. Perkins to R. J.
NcGaughey. 269 East Hunter Street
for Mrs. \, NJ. Campbell TO /. W.
1IfEdIobr0oke.' 2g0 Ormond street, Tor
Mrs e. NJ Holman to d. W Hllley'
Al OgIethorpe Avenue; for L. Fl. Eur
line To NJ. w. Cole % Rogers street.
for pHlin- Morris Company to X. j.
lEackIe 2SS Lake Avenue, Tor JACOB
AuerbaCh to ]. J. Slappy, 2s5 Wlndsor
street. for c.. p Murphey 70 MIS- VI.
r SuruiII. Is Wellington Street Tor
Mrs NJ q. Trippe to Walter Cone, -
If'us street. for NJ. Leiverson to J.
4 Finch 324 Houston Street, and Tor
~. ID Palmer to Mrs. W. c. smith
Realty Business Good.
The INST few DAYS in the real estate
market have instilled great deal OF
confidence in local land dealers. Pros
pects for good crops, easier money
and general confidence have hao thelr
effect. .-,..,-
4 few expressions are typlcdi Oh ''le
prevailing sentiment.
business Is picking up, declared
RaIpb q. Cochran, head OF the hrm
that bears hts name.
1--WE .expect an unusually good sum-
rrer" asserted Charles P. Glover, head
Of the Atlanta Real Estate Board ana
the Glover Realty Company
THURSDAY we had more inquiries
for nropertv than we have had IN
49, dime People believe crops are
eroi1g 10 ba good" was the comment
ofJ n. Ewing, OF the Smith & Ewing
agency. IA
Milton II Idebnnan. Of the A. f Lieb-
Il can't see anything but good times
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 I. Q. Holmes, OF
the Holmes & Luckie Realty Com
nanv. I'VE have no cause to com
piT Edwin P Ansley. Shelby Smith,
Forrest Adair- 6 b thurman. B. NJ.
Grant. George ?. Moore, l. P. Bot
tenfeId. John D. Babbage. NJ c hlser,
Harris G.. White. William A. Vernoy
and others Joined in the general
chorus
Mr.. Gamblers Purchase.
CoDsfdera BILE interest was manifest
ed Friday in local realty circles over
the purchase by Asa G. Gambler OF a
tract in Chicago for the erection OF
tau-stsry building at cost or S5VV,-
N6O Mr.. Gambler now has holdings IN
chicago. Washington and New YORK.
as wen a 8 in Atlanta and other cities
where hfs soft drink business assumes
large proportions.
The price paid for the p Il by 40
foot marcel was S2s. 900, or Sl,254 a
'front.' foot. about the price that would
n. paid in Atlanta at Peacntree ana
Currier or Poplar and Luckle. Ne
tract a5jOins property already owned
nv ETr. Gambler. which gives him
combined frontage Of ia Is feet
West Peachtree Houses.
Three new bungalows are oelng
b-fff in West PeaChtree PARK. Wllcu
corresponds 10 Thirteenth street ana
lie inst 10 the east Of West Peachtree
Srr-a-. The houses face north and
are an attractive addition % neigh
boraood composed OF medium sized
bur very artistic dwellings.
Ten years ago West Peac1tree was
virtually wilderness. with only an
ocragfonsI house north of Sixth Street
Bur to-day il is almost soliC-y built
mo along its entire extent
Ivy Street Work.