Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-08-05


ket during the week. which closed yes
volume of deeds fell far below that
OF the previous week. the total amount
OF money for property transfers. trust
deeds. and release deeds exceeded that
OF the foregoing period. While the
amount OF money spent for local real
estate was larger than the previous
week there was not as much activity
In the market.
The week. which included the first
Tour days Of August. began as IL II
were COINS to be an exceedingly dull
period. but rallied during the last four
days. and there was a steady how Of
deeds into the chancery Court during
This period. There was MOI A great de Al
OF trading In smaller properties. az
has been the case during the las; few
weeks. 49,, -.
Trading for the week consis ed MAIN
~ Of four large property transfers,
which aggregated sl3G.UDD. This
amount constituted q little over half Of
the total amount expended for prop
erty during the. week. Tie property in
cluded in these transactions is located
In the city. Two OF the lots of land
are situated In the business section Of
the city. while the others are iforate
IN the West End residential secion.
LARGE TRANSLATION IN
EAST. MAIN STREET LAND
The largest single property transfer
Was recorded in the thancrry Court
on Friday. and amounted to 800. 600.
Eugene c. Massie. special commits
sioner. and NJ. - PATTERSON were the
principals in the transaction whereby
the former hecomcJ the owner. Of Il
large lot OF lard oh East Main Street
The property has - frontage OF 1856
feet on the north I.ue Of Main. Street.
and is located between Twenty NTH
and Twenty sixth Streets.
A.. l. Straus has purchased fran
Hannah Green lot of land and im-
provements known &C l4Ii East Main
street. The property has = frontage
Of twenty tive aud oDe.third feet on
the south line of Main Strec1 and .x-
tends hack for depth Of los feel
Fourteenth and Fifteenth Streets On
Main. A total OF $I3.500 WAS paid for
the lot OF i-nI and The Improve mems.
J. a, Coz nelly has acquired lot Of
land and improvements known as :sls
Hanover Avenue from W. II. Warner.
fhe..lot on which the house ii erected
has frontage OF twenty four. feet ON
the South Emo al ;!Inoycr Avenue. and
extends back for depth Of $40 feet,
The dwelling an.l let brought $4,000. :
r., w Geo as'i Milton j. Stratus
trustee. figured il % large transaction
l.
Straus 10, OF land and improvements
locxted on West Grace street The
land fronts on tho north line Of Grace
Street for distance OF thirty feet and
extends back for depth of 1879 feet
The Improvements ~ the property are
known as in'n W q, Grace street the
land and ! l.'r 20 l"ia's we're solid tor
sio50o ..,s.,
AUGUST .,":,s Gag
WITH ::iS:t or NEW DEEDS
The pas. week witnessed the, COM
ing in OF ore month ard the passing
OF another The real estate record for
the month of July vas not up TO that
OF previous months. but for SUNNI cr
period cannot be, called dull one. The
frst four days Of August hsve started
of with rush and in the event the
market cab keep going throughout this
month the totals at tho End Of the
period are sure to he much larger
than for any OF the summer months. ;
Building operations last week fell
of considerably, as compared with the
foregoing week. but this cannot b.
taken as an indication that building In
Richmond lis Stacking In the least The
previous weeks building operations
were unusual for this season Of the
year. = While there. are not great
many building app,Ica.,ons on f. e. In
the .offca OF the Building Inpser,or.
several large buildings are &. be erecS.
ed OF have alrea"r heen started
Yesterday. short business day for
the local real estate market, was fea-
tured by large deed of trust. being
admitted to record in .he Chanrerv
Court. Malvern c! Patterson and Ills
wife! are CONVEYING In trust tn the
American Trust Company a large
amount Of property scattered about
the city. while scvcr,l tracts o: land
are located in Roanoke x lf-' .
1t Is the purpose Of the de>;l TO have
the trust company act as trustee and
pay over the income from the prom
erty to Malvern C.. Patterson Ahtr
his death one-half OF the net income
from the property will be turned over
to Juanita NJ. Patterson. while III. ro.
ma lining half is to he held In trust
After the death of Juanita n. Patter-
son; A. w. Pattc-.pn md j. r. Pat
terson Will f'll heirs ~ her portion
of the income The c"t!:e properly, Is
valued at $500 600.
GHANtEisf IRA NsrERs. II.