East Mississippi times. (Starkville, Miss.) 19??-1926, 1913-04-04


nent and stable the real property
values on Main street, the present
center of business In StarkvIlle
and on the north side, place il
more on equality with property or
south side and cause the town re
be settled up and improved on the
north side as it has settled up on
the south side of Starkville and
thus cause the business property
ON Main street to forever, perhaps
remain of fixed and stable and
permanent value, 1t may be asked
why has the south side of Stark
vile improved more rapidly than
the north side? This question is
easily answered when it is con-
sidered that the Illinois Central
runs on the south of Starkville.
wanted it on the north side. The
Mississippi A. & NJ. College is
situated ON the south side Of Main
street, or the prolongation thereof.
| wanted located on the north side.
The Cotton Factory is located on
the south side of Main street, far
out on the south side, l wanted
it bnilt out on the western pro-
longation or Main street; then the
Cotton Seed Oil Mill and the Ice
Factory are situated on the south
side of Main street; there are sew.
cral good streets and roads on the
south side, while the north side has
suffered vastly OH this account.
but why go further although much
m )re could be said.
Now if the Mobile u Ohio new
passenger depot is placed where
desired there will be only 60 foot
street between it and the north
side OF Main street. and along this
a good mcadam road, whereas
there are approximately 14OO
feet from the fountain on the |.
9. depot grounds, where some
propose to put the union station,
the way one would have to go. to
the north side of Main street al
Barr's corner, quite a difference
between 60 feet and 14OO feet. If
the policy urged is adopted
the best interest OF Starkville and
the Mobile & Ohio railroad will be
promoted and subserved and NO
individual interest jeopardized.
| have alluded to the change OF
shrinkage of values. | have
loaned i'll time, considerable mon-
ey, foreign capital, in this county,
but | have yet to know of these
loans being made on town proper
ty, and why? Because real estate
values in such places are liable, So
susceptible to fuctuation, these
loans are generally made on long
time and values in such places are
found by long experience, so un.
certain and precarious, that before
the money becomes due and paya-
BILE, the property may have as
much decreased in value that the
same if sold would not bring near
enough to satisfy the mortgage
loan. Private citizens living in
small places and having money
hesitate to III, est largely in first
class costly store houses, hotels,
flats, boarding houses, bank
buildings, opera bouses, ware.
houses, livery stables, etc., etc.
There is plenty of money in the
country, nut for the reasons stated
people are slow and tinid to invest
III liked and permanent improve
ments; many shrink from putting
money down where they do not
know they can pick it up again
when wanted. Much money, many
fortunes, are sent from home for
investment, all to the great and
lasting damage OF many places the
size of Starkville. Should not all
be done ny every one, citizens,
corporations, to adopt a policy thai
will prevent such u state OF affairs /!
In Starkvilte no betrer way can bs
hit upon to carry out this idea
than to keep the values OF property
on Main street, in the heart OF the