The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-06-25
REAL TULSA BOOSTER
Growth Of City in Every Di-
rection Plcases Manu-
facturer
PROPERTY VALUES FIXED
Outstanding Features of Tul.
sa's Building Era Are
Enumerated

Thos ]. Chestnut is one Of the
most successful Of oil producers I'm
tho Mid Continent field and one OF
the largest manufacturers OF easing
head gasoline. lie If senior mcm-
her Of tho wcll-known firm of Chest
| nut n Smith and besides being cx-
iensivoly Interested ip oil properties.
owns much valuable Tulsa real es-
| tote.
| Mr.. Chestnut recently purchased
| ihreo vacant corner lots on Seventh
md Boulder and Seventh ana Chey-
onne, In the vicinity OF the Chest
nut & smith office building. at a
cost In excess OF 100000. the pur-
| chase being made with the intention
OF later Improving the property.
The business section.
Mr. chestnut ia optimistic on tho
Tulsa situation OF today and the fu-
turc prospects OF tho city. and dis
cusslnR this subject with n repre-
sentative OF -ahe World said: "The
substantial business district of Tulsa
viii be within that area bounded by
tho Katy rnilroad north. Tenth street
on the south, Detroit on the east
ANA Denver on the west, with tho
| most active section from First street
| 10 seventh ana from Cincinnati to
Cheyenne. Within those "a blocks
VIII largely bo concentrated the re-
| tai and financial sections, tho hotels
and office buildings. and from this
nerve contcr tho expansion will
| llopapiy be about equally balanced"
| Tho wholesale district will be from
the NJ X. a. 4. railroad to First
street. along Detroit, Cincinnati.
boston, Main. Boulder, Cheyenne
ana Denver and In md around tho
businesses district al first outlined.
blocks wide by II in length,
WIN DO built the great commercial
city OF Oklahoma
Industrial Section.
Ths Industrial sections OF weat
! Tulsa, Sand Springs, Dawson and
intermediate points and along the
frisco, Katy Midland Valley and
SANTA Re railroads are now well de-
| ilned ana are OF sufficient area 10
! accommodate tho future Industrial
deVelopmont OF Tulsa for many
years Tho parks or the city are
wen located. except that there
shouid be a downtown park some-
where within the business section
ana TINS should be secured before
tho price OF real estate makes n,
| purchase prohibltlve."
Church, School and Home.
Ihe churches of Tulsa are we'll
Iochted no as to properly serve the
! respective congregations and Rond
! judgment has been displayed In
| properly locating the schools OF tho
city. The formative, haphazard
perlod OF city building has been
/ passed In Tulsa nnd we nre. indeed
/ fortunate in tho fact that tho ejtv
Haa. emerged from that period AZ
Wen balanced and with the yarioua
diversified elements 50 definitely To-
chtcd ana 80 very well provided
for" P'''usu
The several residence districts Of
Iulsa are well defined, and indust-
res ana business enterprises should
hot Do permitted 10 destroy tho
neauty ana dosirabluty OF the M
tnral home sections OF the city bv
Tho promiscuous location OF plants
districts"
Fixed Values
| =. Yalueh IN tho business area ara
tiNod by the interest earning conac-
ny or tho lots. properly Improved
ana by the number OF people daily
passing those lots. There Is no
D"pll' no imitation, no exaggerated
ilEuI's helng asked or paid. tho
prices on the properties changing
minds being fixed by tho relative Io-
cations To- the most valuable property
~ The city which just now Is on
/ Main street, Boulder and Vostop
IRON Second 10 Sixth. Tho prices
asked and paid for residential nron-
cry II justified by the established
n'lshborhOods and tho intermedlnte
/ property between the business dis
| trict ana resident sections suitable
| Tor apartments, garages filling sta.
tons and small storcq has n vsiua
determined by the desire blllty Of The
location. and this is not as n rule
inflated
From time n time new additions
are plated ana put on the market
with tho lots always at reasonable
prices, and as these are gradually
absorbed improved ana occupied.
the congestion ls relieved I'm rlose-in
additions ana a well balanced. COM
pactly bullt city ls the result There
II growing demand for more small
homes and more medium priced
apartments in order 10 accommodate
tho families ~ tho wage earner an
able 10 build homo or 10 occupy
a high priced property. and invest
monig In property Of thls character
should be inndo by The financial in
tercsts Of the city In order 20 en-
courage more Industries and more
industrial workers 20 make Tulsa
their home 1nd headquarters.
The building Program.
The present building program,
one OF tho largest In the history OF
the city, l3 perfectly logical and en-
t.raly warranted. Tho Central Ma
tlonal bank needs a new home and
President Crosblc, 4 mulumilllon-
niro. decides 10 build for his insttu-
ton History bank and office
building,
Tho. Atlas Life Insurance company
CONTINUED oN PAGE SIX,