The Birmingham age-herald., 1915-03-21
HENSON HOME IN
 MOUNTAIN TERRACE
 BOUGHT BY WELLS
Represents Investment of About $4O,000-Jemisons to Erect Home on
 Crest of Mountain

Oscar Wells. president of the First Ma tional bank. has purchased the home O Robert Jemison, Jr., in Mountain Terrace The home represents an investment O about $40,000 The announcement of th' sale was made known in real estate cir cles yesterday morning and MT. Well' confirmed the report when inquiries wer, made of him as to the reported sale.
 The site is about one acre in ares located at the intersection of Crescen and Mountain avenues. It adjoins tn, home of David Roberts. Jr.. and is ad mittedly one of the most attractiv, places in Birmingham. MT. and Mrs Wells, who are now guests at the Tut wiler hotel. will secure possession O their new home on or about May l. MT Wells has declined several very flatter ing offers for apartments, but said yes terday he much preferred a place wher, a few flowers were on hand and wher, some shrubbery was possible.
 The shrubbery at the Jemison homo was under the direction of an exper and has been faithfully cultivated. The
 
 of exceptional attractiveness, especially as to the border planting. Mir and Mrs Jemison have resided in their Mountain Terrace home since that place wa. opened up some five years ago. They lived for awhile in Glen Iris, but solo their home there to Judge and Mrs J. T. Stokely.
 xt-ac tf fication in business circles that Mr Well. had so quickly made up his mind tt Invest in Birmingham real estate. II, has been president of the First Nationa bank for only few weeks. His pur, chase of one of the most elegant home. In Birmingham indicates a faith in the flu ture of Birmingham on the part of Mir Wells which will be appreciated by tn, entire city.
 It is stated that MT. and Mrs. Jem ison will erect magnificent home on tn. summit of Red mountain, now being pre- pared for four homes. The sites hay, been sold to John M. Caldwell, Solor Jacobs, A. IT. Woodward and to MT Jemison. He said yesterday that tn, indications were that he and Mrs. Jem ison would be forced to rent home fol at least a year. The ambition of MT Jemison has been for sometime to erect a home on the top of Red mountain just west of the homes Of H. G. Seibels, Hil Ferguson, Mrs David Roberts, Sr., and others. The property has been under course of preparation for the market dur. ing the past several months. When tn, four owners build on top of the noun tain with an agreement as to lawns driveways and other exterior details il is expected that no city in the southern states will be able to boast of more beautiful homes than those on the sum- init of Red Mountain. In the meantime 1t Is probable that MT. and Mrs. Jem. ison will secure the IT. c. Seibels place for a short time while Mir Seibels and MT. LarlSin occupy an apartment at the Ridgely.
 The sale or the Jemison home was the best transaction during the week clos ing reported in real estate circles There were quite a few smaller trades con summated and many transfers. indicat- ing that investors are taking advantage of bearish market and placing money when the margins are very large. Sev- eral transactions that indicate a very brisk movement were, closed up and as result the real estate men are very optimistic.