The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-01-14
WELLS TRACT AT BEECH BOTTOM
REPORTED SOLD TO A SYNDICATE
FABULOUS PRICE is SAID TO
~HAvE BEEN PAID BY WELLS
BURG MEN.
Real Estate Agent Denies Sale while
Owner Says III is Bona Eide.
Other Tracts Sold.

3 Fabulous land prices in Beech Bot
tom were made more fabulous yester-
day when the Henry G.. Wells tract
OF land was reported sold "a a Yields
burg syndicate for 100000. There are
40 acres in b. tract which is Joined
on the north by the property OF Nc
Cullagh & Reid, local real estat
dealers.
From a wholly reliable source It was
learned the property was sold to w.
r. Miller. g estate man of Wells
burg. Sheriff Charles Patterson. and,
II is understood. three other men. A
bonus of $1,000 is 10 be placed today.
It is understood. TO hold the bargain,
and which is to be forfeited unless the
final transfer is made at the end OF
thirty days.
Mr.. Miller was communicated with
over the long distance telephone last
night by an Intelligencer reporter and
denied h sale. He stated that the
property had been turned over TO him
by Mr.. Wells to be sold bu. as yet III
had received no bids. As TO the syn
dictate MIR. Miller said that he knew
nothing at all about IL
Mr.. Wells. the owner. said yesterday
that the deal had been closed. and that
the forfeit would be posted. lie says
that there was an option given on the
farm TO Mr.. Miller. and four other men.
three OF whom ne does not know. The
price paid for the Wells farm. accord
ing TO p real estate man. Is the largest
that has been paid for any Beech
Bottom property since the boom began.
This tract in particular lies be-
tween the river and the county road.
II is joined on the immediate north
by the Bane heirs tracr and on the
south by the Lob Miller farm that
has been purchased by the Whitaker
Glessner company.
Much Property Sold.
During this time the Windsor Min
tracts along the Ohio river with a
frontage OF two and one-half miles
have changed ownership. until now
there is no land desirable for extern
sion purposes available. according TO
Y. ]. McCullaCh Of the firm OF Nc
Cullagh 4 Reid. who have large hold
inEs in the Beech Bottom district.
Property values have jumped so no.
ticeably that they are almost unbe-
lievable. In a fortnight real estate
has advanced I'm value from 5000 per
acre 10 over $1,000 per acre. Indus
trial concerns. real estate men and
private corporations have o%ptioned or
have under Iced more than a thou
sand acres Of the most desirable land
in Brooke county.
During this time the Windsor Min
ing company property containing 60
acres had been sold 10 the American
Gas and Electric company. which has
also bought the Anderson farm ad
Joining the so acres. giving that com
pany 100 acres. This will be utilized
as a site for the mammoth electrical
plant.
The RaIston tract Of 50 acres has
been purchased by J. &. Mckinley.
well known local coal operator. who
then sold the same 10 the Whitaker
GIessner This same con
Germ has secured title 10 the smith
farm of - acres. the Kirchrr farm of
iI2 acres. the r. 7. GlgN farm of 90
acres. the T. J. Miller farm Of 81 acres
and the Lob Miller farm of lie acres,
giving them a river frontage Of over
a mile.
Whitaker-olessner Co. Plans.
The Whitaker-Glessner people. 10 is
understood. contemplate building their
= mills TO the East Of the county road
Co.. the bottom land and TO use the
i%sloping ground back for residential
purposes. There IS reason 20 believe
I. that the position Of n Pennsylvania
|NNINNNMA NINNNE HHH -
soon as the plant of the Whitaker
G.essner company is built. Plans are
; under way az present Tor the plant
and actual work viii be begun as soon
a. weather conditions will permit.
To the north Of the WhitakerGl %
ner holdings is the r. g. Wells tract
o. 81 acres OF bottom land that was
bought yesterday by the Woll-burg
g syndicate SuIl north and immediate
: ly joining the Wells property is the
D MIcha Bane heirs farm which has
been bought by McCullsgh a. Reid.
the local real estate dealers. and
which is sin retained by them
The Lalear farm Of 1l2 acres also
g has been purchased by thc firm %
NcCuU7rh a. Reid n g. understood
that his company viii retain its own
ership fo the property and will prob.
ably lay 30 90 in building lots How.
ever. this is NOT official. a4 they have
not definitely decided what to uu
D with BE-.
Surveyor are working in the Beech
Bottom district plating tho tracts and
getting them ready frT stalking Mr.
g. g. smith civil engineer of This city.
be- DOING considerable work Boo that dis
.tricf