Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-11-11

} one five-room bungalow. The color
scheme for roofs and walls is an i'm
portant item and has received much
attention at the hands of the archi-
tect as has the grouping of the
houses on the carefully selected lots.
The 10 houses will probably be heat
ed by steam unless prospective Gus
toners desire hot air furnaces. In
fact, those who decide to bargain for
these houses at this time will be al
lowed to make selections in many
important particulars. Prospective
customers are daily examining plans
and specifications and it is believed
that the houses will be sold long be-
fore completion. The directors of
the Association wish the fact TO be
emphasized that these houses are to
be built for sale, that they are to be
well built, compact, modern houses,
with plans worked out by housing
experts. and that they will be sold
practically at cost and on terms sat
isfactory to earnest home seekers
The Association has no salary list,
it has no provision for fees and no
financial profit will accrue to the
promoters of this development. 1t
is really q serious attempt on the
part of local men to build 10 houses
ana thus demonstrate what can he
done in this city TO relieve the acute
housing situation here. With the
element of profit remoVed,Hthe sub
letting of work at the lowest pos
sibe price ana the purchase OF
building material i'll the open mar
ket on competitive bids. the direct
ors of the Association believe that
a finished siX-room modern house
or a well-graded lot can be sold at
Il price which will be conside red
reasonable and within the reach of
the average family desiring a com
Portable and well built house.
The construction Of these 10
houses will necessarily be financed
by credit, and the Association will
ask the several banks to loan money
on first mortgages and will further
ask the citizens of Augusta to tenn
porarily lean their credit by sub
scribing to a small issue of pre-
ferred stock of the Association.
These shares will bear interest and
sold. Volunteer subscriptions will
be received by any member of the
board of directors. All payments
for shares should he made to +. b.
Purinton. Treasurer.
The title TO these properties will
be in the Augusta Home Building
Association and this Association is
entirely responsible for the success
of the undertaking. The directors
of the Association are +. Il. Purin-
ton, Walter f. Wyman. Stephen J.
Hegarty. Burleigh sJartin. +. i.
NewEert. Charles +. Bilodeau. and
c. w. Bradlee of Boston.
The contract for the construction
has been let to the Bradlee e Chat
man Company Of Boston. Mr.. Brad
lee is member of tae board of di-
rectors and a subscriber to the pre-
ferred stock of the Association. The
Bradlee & Chairman Company is a
competent company, has a high
commercial rating, large experience
in the building line and is able in
every way to produce satisfactory
results. The business office of the
Bradlee & chatham Company will
be at No. 151 Bangor street, with
telephone connection. All business
with this company will be trans
acted there. Those desiring work
or those having material to sell
should apply tothe contracting COM
pany. The Association will have