Baraboo weekly news. [volume] (Baraboo, Wis.) 1912-197?, 1920-07-01
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my SISTER says AIN Sldu you VII
get a rest now as you have no more>
money. I had $3.50 in the bank, so I
said TO her, SIN couple of days l
VIII show you can buy house with
eout any money" | went to a friend
es1f nafne and says have you got any
bargains in real estate today. He
said. "Do you want to make $3.50 by
bHying house. | said Yes went out
10 see the house and grabbed it.
was satisfied with everything and
gave a check for 800 as first payment
He wanted $1,000 cash and a mort
cage of $4,000 I could assume. | wrote
to my friend j. Van Orden and bor-
rowed the balance of the money. L
sold the house in ten days for $4,000.
n sold the house for $50 cash and $35
a month with interest. You see will
Eet the man that bought Of me pay
The interest on the $3.50 until he pays
me the amount I have coming and
then I will assign him the mortgage
yf my foresight was as good as my
nfl1dsight about year ago | could
make q barrel Of money and business
doesn't slack up much yet; but 1T is
hard telling how long this thing will
last A good many say the bottom is
egUTng to drop hard. / know the people
are crazy to buy and this is the best
state in the world to buy real estate
as the people that live in the cold eli
mate are going to come here to live
as quickly as they get able to live here
They grab e good thing when they
see it. OF course the fellow that
Bought the first house said you did
not tell me there were negro neighbors
and said to him, 'The man that sold
To me kept silent about it and
thought he wanted to kept a secret"
So when we sold the second time we
told the people that there were col
oored people in that direction. They
said they had to have home as they
were tired of moving around. II the
ana1se were in a good location, we
cUd1d get $4,000 easy for it, They are
building thousands of houses all the
time and it would SEEM as though it
would not take long to have enough
or hand, but if fellow finds a man
that is IN debt he can get that house
reasonably and make some money if
me sells on terms. Why don't SONS
of you money guys come out and in
westigate?
Troube in Renting Out
7 would not care to own property
out here and rent it.. AS short a time
as L owned one of the houses, I could
not get any rent money from one. I
went to an attorney and he said 'As
. soon as you rent house to a tenant,
you dispossess yourself, of the owner
ship of that property" And to start
action on them it takes about a month
go chase them out and costs between
sS75 and $500. A fine law it is, a per-
son can get into your house and stay
AS long as he pleases without paying
except the first month as they make
the most of them pay in advance. OF
course if you are lucky, you can get
some people to lease for year.
New Station For Standard Oil
With the completion of the $4,000
600 construction and improvement pro-
Ject of the standard oil company at
It's FL Segundo station, Los Angeles
VIII become the largest oil center in
the world The capacity is scheduled
at 7,400 barrels daily. The company
has had 1000 men on the job for some
slime and in addition to this a con-
struction company is working 500
men.
Large Garage and Tire Factories
"A xkyscraper garage is the latest
IN Los Angeles. An 5 story building,
with elevator service capable of hand
ling more than 1000 automobiles and
10 be devoted to motor service pur-
poses, is being constructed here The
Investment will be upward OF $650,OOO.
zan1 be one of the finest garages in the
world Preliminary operations of the
$50 900 900 plant of the Goodyear Tire
and Rubber Co. began today with a
Zsry out of the newly installed machin-
Gerry which is expected to turn out 1900
tires day and in time give employ
ment to 5000 persons. Another step
forward in the march of industrial
progress in this. city is the coming of
the second rubber tire factory from
Akron, Ohio with the intention Of ex-
pending $1O,OO0,O0O to turn out $500
9ires daily and still third large tire
making corporation has been on the
ground making it's own Investigations
and none will be surprised to learn
that such move will be determined
within a year. What has brought
ehees manufacturers to Los Angeles
IS the discovery that in this region
can be grown successfully the long
staple fiber which is demanded by
nigh grade tires. When we contem-
Es5ate the expenditure of millions for
construction of plants and other mil
lions for the cotton fiber and still more
millions in wages for factory workers,