The Key West citizen., 1952-10-25
RetseL Realty
Incorporates
Pct. Property
OF Physician

1xCE &ESA @NAA NGkrShC II d4AG4Ns4 3
the week was made by Dr.
Lancelot Lester, Jr. and his
Isabel to the Retsel Realty
| a Key West corporation he
by the doctor and his brothc.
Ignatius Lester. Retsei is Lee
spelled backwards.
Though the value of the prope.
ty is not disclosed on the inden.
ture filed October Is at the court
house, the location and hunters
of lots being transferred by the
Testers to the new corporation IN
dicate a figure of more than $40, 600
at the very least.
All the land is in Key West pro-
per, which means with present
soaring prices of real estate,
goodly figure. Six Of the lots are
in the Key West Foundation Com
pany plat No. /. One Of the lots
is at the corner oil Fleming and
Margaret streets. Another six lots
includes buildings and fixtures
subject to mortgages Of 81 500 and
81 200 in mortgages.
Still another parcel owned by the
new corporation consists OF four
lots In Square q and four lots in
Square % of the Monroe Invest
ment company's diagram of Tract
20 in plat Book No. /.
Another parcel transferred by
the Testers, husband and wife TO
the new corporation consists of IA
lots in Tract 20. Square l6 and
Square 81 Of the Monroe Invest
ment Company's diagram.
These latter two parcels are sub
ject TO unpaid balances on mort
cages. The first eight lots are mort
gagged to Glenn G. Price, given to
secure payments Of three promis-
sorry notes in the original aggre.
gate principal sum Of $4,000.
The Ia lots are subject to an un.
paid balance on mortgage held
by Alex Debrocq given to secure
payment of eight promissory notes
in the original aggregate sum Oh
So, 900.
Finally the transfer includes
five lots at Second street and Pat
terson avenue. This parcel is sub.
jeet to an unpaid balance on mort
gage given TO Lon Worth Grow
company to secure payment of
promissory notes in the original
principal sum Of 50, 500.
Other transactions of interest
last week were:
The purchase by Harry r.
Russell Of Greene Street of pro.
perty for sIe. 500 Of property at the
corner Of Southard and Margaret
Streets. Seller was La Dorna Louise
Saunders Daniels of Boulder
county, Colo.
Mr.. and Mrs. John DeWeese
have sold their house at Seminary
and White Streets for 5000 to
MIR. and AIRS. David p. McDaniels
d 1914 Seminary Street.
T. Jenkins Curry has sold for
81. 500 lots to the Florida Keys
Aqueduct Commission Lot 2,
Block ], of the first addition to
Sea Crest subdivision.
F. P. Sadowski and his part
ners have sold for 81 900 TO Mr..
and Mrs. Julius w. Bronstein and
Mr., and Mrs. Harry seigel, lot 81
Of Little Venice subdivision.
Mr.. and Mrs. William II. Sut.
eliffe have sold to their son and
his wife, for $1,000. 200 feet Of
Tract II Of Sutcliffe Estates.
r. p. Sadowski and partners
have sold to AFR. and Mrs. Albert
S. Dublin for s., 500 Lots i0s and
100 of Little Venice subdivision.
X. d. ZetieroWer and his wife
have sold to Mr.. and Mrs. r. r.
King. Lot 3, Block one, First Addi.
ton 10 Sea Crest.
South Pacific corporation Of Dade
county has sold TO Dir. and Mrs.
George II. Rice for 81 100 Lot 42 of
Block s in Key Largo Park.
Mr.. and Mrs. VI. Salisbury have
sold for ST 100 a lot in the county