Evening journal., 1921-01-01
WOULD Resell
GARDEN HOMES
This Industrial Trust Com
pany Plan If Bid for
Tract is Accepted
INDIVIDUALS
SUBMIT BIDS

Resale OF the 500 homes. apartments
and stores which comprise Union
Park Gardens, TO their present ten
ants on convenient time payments Is
contemplated by the Industrial Trust
company, or this city. in event one
or the bids made by Ii for The prop-
ertes is accepted by the United
STATES Shipping Board.
TWO bids for the entire operation
We're submitted by the trust company
ttnrough Carroll w. Grlndh land
halaeInan q Stout IN Washington
Yesterday A number OF bids also
by individual tenants for the bouses
they occupy, and still other bids were
made Tor Small groups OF properties
All DDS were turned over to vii
nam Towers, OF Philadelphia, for ex-
animation and analysis. Mr.. Towers
Is manager OF the division OF trans
portatiOn and housing operations for
tne government, with Offices at itO
NORTH Broad street. Decision on the
bids VIII be made in tlfLeen days.
While The prices offered for the
Dulldlngs are considered low. real es-
tate men familiar with housing con
altions Deheve The government will
De unlikely to get any higher. II has
been estimated that the original cost
OF Union Park Gardens at wartime
figures for material and labor was
SoOOO0O Several months ago the en-
TIRE operation was offered TO the Lib
erty Land Company, OF this citv
which holds title 10 II, for $500 900
This offer was refused
The Two bids yesterday submitted
by me Industrial Trust Company are
as follows:
No. i-si.ia, 200. conditioned on
W per vent. mortgage and 10 per cent
No. PSI OO6. 300. oonditioned on n
GO per cent. mortgage and 40 per cent
payable In instalments in the next
two years.
Bids for the houses individually or
In small groups are as follows:
j. II. Burns offered $500 for 2i2
South Grant avenue.
Herbert A. Ccoper-s2,5Oo for go
A. M. Grlniih-s25OO for 2iO ellis
o. L. Horty-s2,OOO for 2iss BIddle
street.
| C. A. Sutherland-s2.sOo for 42i
| South Sycamore street.
Albert W0olley $500 for 2i25 Lin
Charles F. Curley-Si6.OOo for 1918
20-22-2i-26 Lancaster avenue.
w. II. 1880 for 2Oi
South Union street.
William r. Jones 1851 for 92il
/ Gilhs street
A. King Lott $500 for 2iOi ellis
} street.
C. C Her-si5OO for POI South
Union street.
Sylvester IL. Foster-s7 900 for 1926
Lancaster avenue and 5000 for 4
South Union street.
II. w. Kennedy-ss0 for 2ii0 Lam
caster avenue and $500 for 2ii2 Lam
caster avenue.
Nellie Kennedy-s2,OOo for 9Oi Grant
avenue.
C. Waltef wenzig-s4.2OO for i2e
South SvcdmOre street
Richard A.. Howell $500 for &4g
Geddes strhet
Elmer vi Davis-ss,9 200 for 2i2i Lin
den street
A. NJ Dsvis-sS,9OO for 2i2s Linden
street
n. r. westcott-s3.OOO for III South
Grant avenue, OF $1,000 for i09-ii
South Grant avenue.
f. r. Froer-s3,J5O nor eOi South
Grant avenue.
Mr.. AID Mrs. sherry 5000 for 2iO7
Gillis street.
Eugene Enghsh-s3.iOO for 290e
Lancaster avenue
All told there were sixty bidders
for all OF the various operations
After the Union Park figures had
been read the smaller Ones-for in
'diVidual hOuses-were referred "a
minor officers of the Shipping Board
who retired 20 consider them. The
two bids by the Industrial Trusi
Company We're considered by the
board itself over which admiral Ben
Son. the chairman, presided
Before the bids were opened Chair
man Benson announced that the
board exercised the privilege Of re-
iecting any or all bids; also that be-
fore final action was taken the bids
must be approved by all OF the mem
bers OF the board.