The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1924-06-14
AUCTION SALES
PROVE VERY
POPULAR
Oliver T. Wallace, Auctioneer,
Reports Good Sales and At
tributes It to Advertising.

The sale OF ; the Congressional
Country Club villa sites, owned by
Avon M. Nevius, vice president of
the Riggs National Bank, was held
on the grounds on last Monday
morning and was well attended.
The twenty-six tracts advertised
were all sold, prices ranging from
5000 per acre, to $1,10O per acre,
the sale lasting about one hour.
Several of the purchasers took more
than one tract. Following is a list
Of the purchasers: J. F.. Shaw, e.
M. Buckley, Mrs. M. B. Saunders,
OF Chicago, who is planning
bungalow overlooking the club; j.
r. Pope, ]. L. Gilmore and Thomas
8. O'Brien. Two Liberty bonds
were given away during the sale,
and cash souvenirs We're distributed
by Mr.. Wallace, as is his usual
custom.
The sale of the Frazier farm, in
Prince Georges county, on the
Largo road, was attended by over
600 people, and both the farm and
the personality brought excellent
prices. The farm brought total
of $50,S905O and the personality
approximately $1,000. The prop
erty was subdivided into small
tracts, and the following were the
purchasers: w. S. Collins, s. r.
Fowler, S. F. Post, r. E. Brown,
Perry Boswell, F. c. Lennon,
Thomas Unsworth. F. C. Steward,
j. B. Morrison, Mrs. G. NJ. Reid,
Roy Theme, James O'Graf, F. l..
Watkins, Patrick McGarry, c. H.
Walker, r. e. Jenkins, G. Nj. Dove,
III. L. Mills and George w. Hurley.
The terms of the sale were 80 per
cent cash, balance one, two. three,
four and five years. w. GWynne
Gardiner, former District Commits
sioner, was the attorney, and Mr..
s. M. Frazier the owner. The prop
erty has long been known as
Greenwood farm. The Ford tour
ing car which was given away free
was awarded to Theodore E. Beall,
of Landover, Md. An excellent din
ner was served by the ladies of the
Episcopal church.
Oliver T. Wallace, the auctioneer,
has made a speciality for the past
fifteen years Of selling all kinds of
real estate at auction, carrying a
complete organization for the pur-
pose of taking entire charge of
large properties and looking after
all the details in connection with
the sale of same, such as survey
ing, plating, stalking. advertising,
settling with the purchasers, pre-
pairing all the papers; in fact, TAX
ing multitude of details off of
the owner. He attributes his sue
cess to three factors, first, his
thorough advertising campaigns
his complete and trained organiza-
tion, and third, to the fact that he
sells only at absolute auction, with
no upset price on the property or
any portion of fit He believes in
constant and extensive newspaper
advertising. Mr.. Wallace has had
an office in she Woodward building
since 1921, which is in charge of
John C. Wagner, contract manager.
j. M. Maupin, Jr., is advertising
manager. The advertising force
consists Of Willard M. Dyer, y. E.
Pridgen, J. A. Rogers and Commo-
dore C. Chinnis. His chief engineer
is Mr.. Samuel, F. Rixey, a relative
Of former Surgeon General Rixey,
of the United States Army. He
has been selling real estate in Mary
land since 1915. having conducted
more than 100 sales in Baltimore,
Cumberland, Frederick, and prac-
tically all over the State. His re.
cent sales around Washington are
the A. o. Ollie estate, at Upper
Marlboro. the Charles Kirk prop
erty at Olney. Washington SAM
tarium property near Takoma, the
st. Charles College farm near Bal
timore, the Love estate at Purcell
vile, Va; Fairlawn subdivision in
Leesburg, Chevy Chase, Brightwood,
Congressional Country Club, etc. In
Cumberland, Md, recently he sold
business property totaling $4,000.