The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1922-04-10
Sells Crosby Block Piece
meal to Five Pur-
chasers
HARMONY BLOCK
GOES TO HILDRETH
Revenue Stamps Indicate
Sales Aggregate
S227, 900


been paramount in the minds of many
Brattleboro people as to whether w Ed
| ward Benson of Greenfield, Mass, would
be able to carry out his agreement with
the Brattleboro Trust Co to buy Crosby
, block and Harmony block in the rear
! for S150,000, Mr.. Benson came to Brat
| tleboro Saturday with $4,000 in five
| dollar bills in his pocket-2,0 900 of them
converted them into a certified check
at the Peoples National bank. and with
S13J000 in other certified checks paid
| the Trust Co. $145,000 He previously
| had deposited with the Trust Co. So
600 to bind the bargain, and on pay
nent of the balance he was given deeds
| to the property.
| He then sold Harmony block to Ed
win l.. Hildreth and proceeded to sell
| Crosby block by piecemeal, beginning
| with the BrattlebOrO Drug Co section
at the south end and drawing up deeds
! to section after section until the whole
| block was disposed of. all the buyers be-
| ing Greenfield persons with one excep-
| ton: The deeds were drawn up in the
| law office of Harvey Maurice & Fits
| and We're filed Saturday evening in the
town clerks Office.
The time given Mr.. Benson, who is
real estate dealer, to make good his
| agreement TO buy of the Trust Co. was
| to expire tonight. Had he not taken
over the property by that time he would
| have lost his deposit of $4,000.
| Since he made the agreement to buy
/ about two months ago Mr.. Benson had
| undertaken to sell Crosby block in sec
! tiOns to the merchants occupying the
| stores, but he was unable to do so. and
/ various opinions had been expressed as
| to Mr.. Benson's ability to raise the
money necessary to take over the prop
erty.
/ Revenue stamps on the deeds Indicate
/ that the aggregate of the prices paid 60
/ Mr. Benson was S227. 900, but what ar
/ rangement Mr. Benson max have with
! The Greenfield parties of course is not
j known except to them and counsel.
| The Brattleboro Trust Co bought the
| two buildings, both three-story brick
| structures, of the Edward Crosby Realty
| Co. two months ago for S135,000 in or
/ der to secure a new site for its banking
| quarters. having decided to move from
| he Brooks House block. The Trust
/ 20. then entered into an agreement with
| Mr.. Benson to sell the property to him
/ for S1J0,00O, reserving a lease for %
years of the two north stores, one Occu-
| Died by Carl s. Hopkins, florist and the
| pther by the Brattleboro China store,
| Floyd T.. johnson and Jesse c. Johnson
/ prOprietors, the quarters to be heated by
| the owners of the real estate during the
! life of the lease.
F ! After DuNtUS IHe property SATURDAY
| Mr.. Benson first sold Harmony block
to Edwin L. Hildreth for $4,000. The
| block has been occupied many years by
| the printing business of f. L. Hildreth
! 4 Co. The heating plant which has
heated both Harmony block and Crosby
| block, is in the basement of this build
| jng. but under the terms of his deed
| Mr. Hildreth is under no obligation to
heat any part of Crosby block. He has
made a private arrangement with the
| new owner. however, to heat for two
| years beginning May l of this year
| the section leased to the Trust Co., and
presumably arrangements can be made
with him by owners of the other sec
tions desiring heat.
Each section of Crosby block as sold
includes the real estate from the base
ment up through to the roof, but the of
fees on the second floor and apartments
on the third floor do not agree in all
instances with the ownership dividing
lines.
The south section, where the Brattle-
boro Drug Co.. John T. Fitzgerald, pro-
prietor, is located, was sold to the Yer
mont National bank, which it adioins,
for S27. 600 The j. 4. Mann drygoods
section. double section. was decided to-
Mrs Julia A. Benson of Greenfield for
10000 Mrs Benson is the wife of
hardware store section went to John
f. King of Greenfield for $4,000. The
Clapp & Jones book and stationery sec
ton occupied by Earl c. Moffatt, was
bought by Harry K Ward of Greenfield
, for 10000 The two north sections,
occupied by the Brattleboro China store
: and Mr.. Hopkins went. to w A. Daven-
port Of Greenfield for $4,000. These
! are the prices indicated by revenue
! ! stamps and it is known that the stamps
CORRECTLY represent the prices paid bv
Mr. Hildreth and the Vermont National
bank