The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-16
URGE GOVERNMENT
TO BUY PROPERTY
Real Estate Exchange Satisfied
Site Next to Post-Officc Will
Soon Be Needed.
get STRONG RESOLUTIONS
10. III. Funston REELECTED Presi-
dent at Annual Meeting.
Other Officers.

At the annual meeting of the Rich
nond Real Estate Exchange. held yes
tcrday afternoon resolutions aao were
mcnt to purchase all the land on tho
northwest corner of Main and Eleventh
Streets, east OF the Dost-oi'ice, To fore
stall plans to erect thereon a twenty
| two story office building, which would,
in the future, make the price practical
) then decide the land was needed.
| Under an agreement made recently
between the old Dominion Building
Common i i Bank, 500 shares Of the tho
Virginia Building Corporation, which
| formerly owned tho property, were sold
and II symdicntc. for $4,000. The sale
was ratified by Judge Moncure. Of the
cmancery Court, In whose hands the
We're placed when the bank was closed
by the state examiner.
The Richmond Real Estate Exchange
property will be needed by the post
Office, and that it will DO II great saw
Ing TO the government ii purchased
. Opposes I.nnd-t;rnbbcrs' Act.
II WAS recommended by the president
OF the exchange that the organization
berS act at the present session of the
. legislature, so that when property is
sold for taxes it shall be in the regular
way ana at fair market price. tho
proceeds over and above the taxes to
BIO turned over to those Interested, or
IL they cannot be located. to be de-
posted in bank until they are found
The matter was referred to the board
or managers. with full power to act
II was also recommended by the prcsi-
dent that the exchange use its influence
to see that the proper men are selected
| as assessors when the time arrives.
officers We're elected as follows: o.
II. Funston, president: John G.. IGaslcy
nrst vice president, and H. X. Pollard
Jr., second vice,president. Following
al
board OF managers for the ensuing
year: o. ~. Funsten. chairman; John G.
Easiey. II. Il. Pollard. in, y. j.. Adam
K. Il. Harrison, Il. T.. Green, Leroy f.,
Brown, w T.. Cilinii. q. g. Chaplin. Henry
;; Hutzler t. NJ. Jacobs and William
j. PiZzini.
Want Entire Hook
The resolutions concerning the re-
commendation that the Federal gov
northwest corner OF Main and Eleventh
streets are AS follows:
Whereas, the Richmond Real Estate
Exchange has learned that plans arc
already prepared for u proposed build
Ing upon the lot OF ground. 6oNso feet.
fronting on Main Street adjoining the
post Office and located at the north
west corner of Main and Eleventh
streets. in the city of Richmond, Va,
and that there Will probably be erect
ed thereon II twenty-two-s story Office
building, covering the entire lot, and
whcreas' me election OF said office
r
use OF said post-oftce. and particular
~ the courtrooms and other offices
therein. and would greatly overshadow
ana darken said post-ofiice building by
seriously cutting off the eastern light
from said building; and whereas the
rapid growth OF Richmond has Already
made necessary additional space for the
needs or the post-of!ice. as the build
ing was not planned TO take care Of
the enormous parcel post business
which business is growing wonderful
~, ana whereas, II will be an i'm
mcnSe convenience to every citizen rs
well as u great saving TO the govern
ment. To have the parcel post business
conducted in close connection with the
posi- ONCE proper, and whereas. the
present location, by reason OF it's proX-
unity to all railroads of our city ma * es
II IN ideal place for the proper
handling of all the post and parcel post
business and whereas the urgent
necessity for making this provision for
me enlargement Of the Federal build
ing Is most significantly indicated bv
experience At Richmond in connection
WIN me public buildings of the State
OF Virginia and OF the city OF Rich
inond. therefore, be ii
Resolved, by the Richmond Real Es-
int exchange, that it is the earnest
government secure all of the land on
the block east Of the post office which
Is not now owned by 1t and which ex-
tends from Main to Bank Streets for
which Will rebound both to the eff.
cheney OF the post office, as well ne
serve the convenience OF the citizens
OF richmond And be it further
tons be sent to our worthy Conpress
man. Hon. y. j. Montague, and 10 orr
cilicient senator's Hon. Thomas s. Mar
I'm ana claude y. swanson. with tho
TO have the government carry out these
resolutions