Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-03-20
OPTION MANY LOTS
AUDITING RAILROADS
OPTIONS OF RECORD OBTAINED
ON TRACKS FROM FIRST 70
FOURTH STREETS.
INCLUDE ONE WHOLE BLOCK
INCLUDE ONE WHOLE BLOCK
AND PARTS OF TWO OTHERS
Optional Price Totals $2a,45o- Purpose
Of Options Not DivuIsed, But suppo-
sition Is That Tracts Are Wanted
For Additional Railroad rrackass
and Sites For Industries.

prising one whole block, and parts of
three other blocks. extending along the
north side of the rights of-way of the
Chicago Great Western and Mime
apolis & st. Louis railroads from First
street west to Fourth street, have been
taken by S. c. Bell, representing C. H.
E. Boardman, attorney for the M. &
st. L. Some Of the options which were
taken early in January will expire
early in April.
The prices at which the options have
been secured make a total of $23,45O.
The options, which are all on resi-
dence property or vacant lots, have
been taken. as near as could be as
certained today, for the purpose Of
furnishing additional room for an ex-
tension Of railroad yards, for sites for
Z industries that might want to locate
on this new trackage, and for the re-
Location OF retail fuel and building
yards now situated on M. & st. L.
property, which the building Of the
South Third avenue viaduct may COM
pei to be moved.
May Not Exercise Option.
It is not ascertainable today whether
or not the options would be exercised.
The property SO optioned extends along
the M. & st. L. tracks from a point
about LOG feet wes: CT Fourth street
east to First street.
Included in the options are those
that cover the whole block bounded by
Railroad, First and Second streets and
the Chicago Great Western right-of-
way. The six owners Of property in
this block that includes eleven resi-
dences, optioned their holdings for
$14500.
These individuals, their properties,
and the optional price given are:
Luella M. Whitman, sol South First
street, $4,000. FIJI.
Hatley J. Nichols, 500 South First
street. $1,000.
s. NJ. Jones. sos South First street.
Price for this property included in
option for South First street property
owned by Jones.
SIN. Jones 503-4-6-S South Sec
ond street, and including the property
at 5l6 South FIRST street, 81 900. -,.-.g-
George Z. Eaftwall, $40 South Sec
ond street, $1,000.
Thomas W. WEIGH. 512-14 South Sec
ond street. $1,000.
Percival Webster, two lots fronting
Oh SNICdSO dEcdC VcSLeEIl IlSuL.OI
way, $1,000.
Other Options Taken.
The options taken between Second
and Third streets include tract about
40 feet north and south fronting
on the west side Of Second street and
a triangular piece extending ninety feet
along the east side Of Third street and
east about 1870 feet to the railroad
wight nf way
The options taken for these proper
ties were:
NJ. A. Plunkett, 81 South Second
street, 1880.
Belinda L. Kelly, 51s South Second
street, $1,000.
Mary Essex, SIS South Second street,
$500.
w. M. Marquis, the triangular shaped
property fronting on east side Of Third
street $1.7O0.
The property optioned between Third
and Fourth streets comprises a rect
angular tract about 30S feet from east
to west along the north side of the
track with a frontage of 100 Meet on
the west side Of Third street and
about eighty feet on the east side Of
Fourth street. The south side abuts
the Chicago Great Western and NJ. &
st. 4. rights of way.
The options taken in this block are:
r. "A. Sieg, South Third street prop
erty. $1,000.
William J. Mead, South Fourth street
property, $1,000.
Across the street from this latter
property, and abutting. on the west side
OF Fourth street, an option was taken
on d small triangular tract. fronting
on the M. & St. l.. right -of way for
a distance Of about 100 feet. The
property il owned by Emile Plattner
and was optioned for $1,000.
Neither General Solicitor w. H.
Bremner. who was In the city Friday,
nor &c. H. Z. Boardman. the company's
attorney. would confirm the suppose
tiontflat the options were. being taken