The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1919-07-25
LocaIReaIfy Booms; Deals for
$285,O00 Properly Take Place
company, to P. A. Smith TO
$4,000.


company, to p. A. Smith fol
$4,000.
The first deed recorded was tina
by which WIN Rosenheim becomes
owner OF the store building al 721
Market street. This property wal
purchased by Mr.. Rosenheim from
Fred L. Riggs for the consideration
of $4,000. The deed was drawn by
w. b. Swaney. The second deed re-
corded was that by which that part
Of the Mcconnell block on East
Seventh street and adjoining the Live
& Let Live drug store becomes the
property of G. III. and Frank l.. MIL
Ter.
This property was purchaTed from
Mrs. S. b. Wright, ct al. for the COR
sideration OF $4,000. This deed was
drawn by Cantrell. Meacham & Moon,
and the sale was made by s. p. Long
and Claude Brown. agents. The
property was the subject OF litiga-
ton in the chancery court, a bill hav-
ing been filed by Mrs Mary Wright
ct al. against John Thompson, wh>
owns the other half of the McCon-
nell block. This litigation will prob
ably now be dismissed.
The property purchased by Mr..
Rosenheim has a frontage Of twenty
one feet on Market street and ex-
tends through to Broad, The rear OF
the building is leased by the Signal
Amusement company and Is utilized
in connection with a motion picture
house. 1t is understood that the pur-
chase was made purely as a matter
of investment. The new owners OF
the half OF the Mcconnell block have
some plans. which have not yet been
made public. Leases on the building
do not expire for about a year.
chambliss Sells.
A second piece Of Market street
property changed hands yesterday
afternoon. The lot at the corner OF
Second street upon which is located
the filling station of the Gulf Rein
ing company was sold by A. w.
Chamhliss for a consideration OF
$4,000. The property was purchased
by P. A. Smith as an investment. The
lot has frontage Of 100 feet on Mar
ket street extending back 100 feet.
The market for homes and build
ing sites had also become very active
after many months of comparative
idleness due to the unsettled war con-
ditions. With nothing in Chatta-
nooga to rent, people are forced to
either buy homes or building sites
and build. Fridays matters or
Record" contains notice Of the sole
of a valuable piece of property in
the first district The property was
purchased by F. w. Kinsley for n
of $4,000. Mrs. Irene s.
Carswell and husband have sold their
valuable property for consideration
Of $4,000 to William Steele.
The city of Chattanooga has Just
placed on record the purchase OF a
piece OF property adjoining the rear
of Warner park. The tract was pur-
chased from r. T. Wright for a con-
sideration Of $7,00i. The city will
build permanent stables on the site
for the use Of the Interstate Fair as
ISOLATION.
When interviewed Friday after
noon regarding the sale OF the prop
erty at Sixth and Market, Rev. 7. ;.
McCallie refused to give anything
out for publication saying that the
deal was in a tentative state.
DR.. McCallie stated that the an
nouncement must come from Macrae
and Stuart. DIR. MoCallie admitted
that the sale is bringing approx
mately $4,000. The deeds have not
been recorded or the property actu-
ally changed hands but written
agreements have been drawn up and
signed by both parties and Macrae
and Stuart Mr.. Stuart, who is
handling the deal, is out OF the city.
The building on the McCallie prop
erty is a three story affair occupied
hy the EmDrey Drug store ana
yVassman Clothing company.