The Bridgeport times and evening farmer., 1921-07-02

 Plans For
 + air Acres

Frank E. LaIley, who recently com pleted the largest realty purchase re- corded in this section Tor many years past, and who thus far has given no details concerning his purchase to the press or public, today issued the fof- lowing statement:
 ''The property I have just pur- chased from the estate of S. H. acres extending from the Post Road just over the Bridgeport line. right through to Fairfield Beach
 Penfield Road, which is the main road to Fairfield Beach, runs through the center of the tract
 The land is a part of the estate of s. H. Wheeler who has held 1t for the past twenty years The Wheeler residence on the property, however. has been retained by the estate.
 You cannot say too much about Fair Acres, as I have named 1t, for it is beyond any possibility of doubt the very finest and best located piece of property ever Sub-dtvided between here and New York and I intend anak- ing 1t more desirable than anything g along the Post road.
 Fair Acrs is bounded on the east and north by some of the finest es- tates and residences in Fairfield inc1u- ding those of DeVer H. Warner, Hen ry Rowland, Harriet L. Glover Thos- Lashar, and the estate and famous rose gardens of Miss Annie Jennings Ana l. mean lIlc1L lIlSSe PldSSo are nearby but actual boundaries
 To the south we have the very best and most popular bathing beach along the sound, Fairfield Beach, making a comLination of surroundings attrac- tions and location that can never be equa.Iled. So don't try to compare Fair Acres with anything you have ever seen in this section, for you have never seen anything in it's class.
 As we go along, Fair Acres will be N16 f11fn a Hon UJ win the admiration of even our veal thy neighbors and will make a most suitable setting for the homes of Bridgeport's most substantial and pro- fessiona1 business men,
 In fact l have every assurance that our first purchasers will be of this class, which is composed of folks who wish to be close enough to the city to give all necessary attention to their business and still be able to turn their hours at home into a real vacation time.
 bought the property because I know that the trend of real estate de- velopment and the building of higher class homes has been toward and in, the town of Fairfield, for people of keen vision have been quick to grasp the advantages of that town, not the least of which is its remarkably low tax rate.
 Where can you go. between here and New York, and find the number of real homes of substantial people as in Fairfield?
 I am having surveys made, and getting out maps which will show up ward of 500 lots all 50 x 150, but am in no hurry to sell any lots until cer- tain development work, such as open ing new streets, laying sidewalks set ting out additional trees. etc, has been accomplished.
 Right now I have a dozen teams and a couple of score of men working every day and of course such activity attracts attention.
 Nearly every day we have on the property what you would term in golf or tennis "a large gallery made up chiefly of people who are really inter ested and who even now are askfng for pxrGes and terms
 To all these and to the public can only say that until my maps are com p1eted and prices fixed, I cannot do anything definite, but am willing to do as I have for some of my frioRds: that is to give options on selected lo- cations, subject maps and prices which I hope will be ready in Q few days.
 I am on the property much of the time myself, and will be glad to show anyone around in an informal way
 But as to actual selling plans, weu, you'll have to wait. I'll tell you when the time comes---as the merchants say in their advertisements, Watch the papers, !"