Los Angeles herald. [microfilm reel], April 10, 1910, Page 3, Image 15

About Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911

Image provided by: University of California, Riverside; Riverside, CA

                
PART II
REDONDO VILLA TRACTS
AGAIN IN HIGH FAVOR
Renewal of Payments Under Sat
isfactory Conditions.
On to the Sea
George. H. Peck & Co. report very
gratifying results In the Rodondo Villa
tracts.
liy mutual agreement of the original
owners of the land and tho Title Guar
antee and Trust company, the trustees
of the property, the firm of George H.
Peck & Co. was appointed tho official
agent to straighten up matters In
tracts A, B, 4, 6, 141 and part of 142.
Several months of systematic and con
tinuous work and investigation have
been done, finding out the exact condi
tions of each individual lot.
The owners of several thousand lots
had Huspendod payment, allowing their
contracts to lapse from one to two
years, during which time interest ac
crued on tlio largo moftgtgM on tho
S land, and the cost of the lots advanced
$100 to $110 each.
It was th<Jn decided instead cf pay-
Ing large Rums for advertising to re
sell the lots, to give the original buy
era the benefit and allow them credit
at current prices for all amounts for
merly paid to the Los Angeles Securi
ties company, subject to a minimum of
$20 a lot that was required to relcoM
the lota from the lien of the general
mortgage, old contracts being canceled
and new contracts issued, executed by
the Title Guarantee and Trust com
pany, thus assuring absolute reliability
anil safety for everybody.
In order to protect the original buy
ers from speculators, a private letter
was sent to each of the original pur
chUMH, and already a largo number
have taken advantage of the offer, and
with tho return of confidence In the
property and with assurance of valid
titles prosperity is returning, and new
gales have been made as follows: J.
O. Dilley, five lots In block 42; W. H.
Merrill, three lota in blocks 9. 32 and 72;
.A L. Ewlng, one lot in block 144; John
and Lizzie M. Hearn, 9, 10, 11. block
J56; C. \V. Coulter, three lots In block
127: J. 11. Meadows, lot 32, block 10;
H H Holmes, lot 4, block 10, all in
tract A; Martha Bond, three lots In
block 67; James Farnell, one lot In
block 109; 11. B. Culler, two lota In
block 96; Edward Witte, one lot in
Mock 109; Anna Nagle. house and lot
in block 89; G. E. Allen, house ami lot
In block. 94; D. Bond, one lot in block
87; J. A. Bacon, nix lots and house In
block 107; Anna Boydston, two lots in
block 109; John F.ialoy and If. A. Rlgg»,
each one lot In block 80. all in tract B;
Pete Johnson, lot 5, block 80, tract B.
VALUE OF HOLLYWOOD LOTS
SHOWN IN RECENT SALES
Prices Range from $1000 to
$8000-New Homes Building
Croake & McCann report the follow
ing sales of property In Hollywood:
Lot 182x210 feet, vacant, southwest
corner ol Pleasant and Vermont ave
nues, Mary P. Bailey to Arthur Letts,
• till if) ' •°* -
Lot 75x250 feet, cast side Vermont
avenue, near Los Follx avenue, vacant.
Nellie Burlock to Belle O. Itogers, $3375.
Bought for a homo place.
Lot 28x150-feet to alley, vacant, east
side Vermont avenue, 100 feet north of
Prospect avenue, Jeannette M. Camp
bell to W. E. Reynolds. $2000. Busi
ness lot, bought for Investment.
Lot 50x135 feet, cast side Holmby
avenue, between prospect and Franklin
avenues. Max Schlosser to F. M. Guen
ninger, $1500. Investment.
Lot 50x135 feet, east side Paul place,
between Franklin and Prospect ave
nues, J. W. Collins to S. K. Phelps,
$1300. Purchaser is erecting a dwell
ing on the lot.
Lot 60x135 feet, east side Paul place,
between Franklin and Prospect ave
nues*, Clara A. Patten to F. L. Paul,
$1050. Will build.
Ten lots, each 60x135 feet, on Wil
lard avenue and Winona bollevard, In
the Glorletta tract, to the following:
C. N. Scovllle, L. Allen. J. F. Alex, C.
A. Patten, Charles J. Blackshear and
S. C. Galnes, at $1100 and $1200. Invest
ments. . -i.>i
THREE MORE HANDSOME HOMES
FOR FASHIONABLE WESTLAKE
Two important sales of residence
property in the exclusive Westlake dis
trict urn roiiorted by the C. J. Heyler
company. One of these Is tho property
at tho southeast corner of Twelfth and
I jii.ki' streets, 145 feet on the former and
180 on the latter, for $16,000. The pur
chaser, J. B. Conn, will erect two
handsome homes for himself and his
family, to cost ahout $10,000 each. The
other sale was 65 feet on Lake street,
just north of Twelfth, purchased for
$5500 by Frances ('. Maxon, who will
build a $9000 residence at once. Both
of these properties are In the district
knovn as Palm place, and are among
the few vacant lots remaining in that
neighborhood.
SALES IN HARVARD BOULEVARD
Frederick A. Holmes & Co. report the
following sales:
William H. Mouser to Henry Roth,
an east front lot, 50x132 feet, on Man
hattan place, 200 feet north of Second
street, $1400; Interborough Realty com
pany to A. J. Spies, the southeast cor
ner of Second and Wilton, 58x132 feet,
price $1600; M. Belle Stever to P. J.
Clinton, a west front lot, 60x132 feet, on
Wilton place, 200 feet north of Second,
price $1400; Interborough Realty com
pany to L. Lavina £mith, the southeast
corner of Wilton place and Second,
60x124 feet, price $1750; John L. Plum
mer to Grace B. Toroslan, an east front
lot on Wilton place, 120 feet north of
Fourth. 60x170. price $2500; Raymond
D. Friable to M. J. Minder, a west front
lot, 50x120 feet, on Wilton place, 100 feet'
south of Second, price $1400. Most of
the purchasers expect to improve their
properties with nice homes.
READY MADE PORTABLE! HOU3ES
jr. J. Bralnerd & Co., manufacturers
ami builders of sectional, ready made
and made-to-order portable houses, re
port many callers looking at their
exhibition houses, and also much ac
tivity In the oil fields and mining
camps. They report the sale of a
cottage to Collin Stewart to be
erected at Kern, Cal., and a bungalow
to Mrs. Walker, to be erected at Glen
dora, Cal. The company Is erecting
■evcral houses in Taft, Oal., for the
Traders Oil company, an office build
ing and a cottage. The houses give
satisfaction wherever placed and are
beir.q- used in tho oil fields, mining
earnps and at *ne beaches; also In the
mountains and ranch sections.
Type of College Tract Homes
H^^ 1 EZjFI l§fi| VH^M I i
GROUPS OF RESIDENCES LIKE TH E ABOVE WILL ADORN LOTS IN OCCIDENTAL PARK
SALES TOTALING $17,050
IN TWO POPULAR TRACTS
Selections Made by Investors and
Active Home Builders
E. A. Forrester & Cons, Inc., report
sales In their tracts aggregating $17,050,
$10,250 being for sales In Angeles Mesa
and $6800 In Wllshlre Harvard Heights.
Following is a record of tho transfers:
Angeles Mesa Land company tr> Mrs.
B. A. Hinton, two lots on Eleventh
avenue for $1500; to Gregory Groff, an
east front on Eleventh avenue for $7GO;
to Mrs. Sarah Hudson, two lots on
Ninth avenue for $1300; to Jessie M.
Baughman, a lot on Eleventh avenue
for $1000; to Mary Ackland, a lot on
Ninth avenue for $600; to Mary A. Mer
rill, tho northeast corner of Klauson
and Tenth avenues for $850; to John T.
Joughin, the northwest cornei of Fifty
fourth street and Ninth avenue for
$1260; to Joseph Lang, an east front on
Ninth avenue for $750; to Charles l^ang,
lot adjoining for $750; to Delos S. Gll
lesple, a lot on Eleventh avenue for
$700; to Alice Escnlller, a lot on Elev
enth avenue for $800.
For the Forrester improvement com
pany, transfers In Wilshlro Harvard
Heights as follows: The southwest cor
ner of Seventh and King streets, 10x165
feet, to George H. Jerome, for $3600; to
Leroy M. Walker, a lot 50x135 feet on
Jasmine, midway between Ninth and
San Marino, $1600; to Edwin C. Walker,
lot 00x135 feet, adjoining, for $1600.
BOUGHT FOR INVESTMENT
• D. A. Van Vranken & Co. report the
following sales: From John B. Johnson
to Susie M. Goldberry, lot 1 In block J,
Florenclta Park, situated Just south of
the city on the Long Beach car line.
The lot is Improved with seven-room
modern cottage, practically new. Con
sideration $3500. Purchase was made
for an investment.
.*s CROV/N'OF THEGOsß^^^^^ 5/J
f^vßuy Land Where You'll Reap a Crop of Golden Dollars^||f
<|||< Where Living Is a Pleasure and Business a Success j|§
/Pi Most Attractive Location on the Yp\
Jow Central Coast of Beautiful California \|^L
C*S]S\ Oceano Beach is the natural half-way station between Los Angeles and San Francisco. Its / ■;; Xsj
V^fk'A magnificent beach, 800 f«t wide and 18 miles long, has but one competitor (Palm Beach, Flor- / $&()
(W§*::Vl Ida), and together with the beautiful surrounding scenery assures to Oceano Beach its de- t&Mfv
fclH served success as the future Atlantic City of the West. 1- M
IP/ The Natural Outlet for the ' . \.W?
W£k San Joaquin and Arroyo Grande Valleys V^O
K^^T Oc«ano is located at the mouth of this fertile, green, well watered and far-famed "Garden (S£\V
jpyJ* Spot of California." A thriving town is fast springing up about the depot and freight yards •V'p
Hi 1* of the Coast Line of the Southern Pacific R. R. and is proving the magnetic center for various J-p
BjVl lines of roads and railroads. . /iS
I|\ An Inner Land-Locked Harbor . „ IB
l|\ That May Prove Greater Than San Pedro M/
V&l The protected harbor, which steamers have been entering for years, together with the inner Ml
-/Jill harbor at Oceano for deep water shipping, the dredging for which is now about to be con- Iff'"^
/j^ ill • tracted for, will save millions of dollars to the growers, producers and merchants of Oceano : MjS?l>«\
V'^fl and lta trlbutluv territory. I \P>h
Igl Rich Oil, Asphaltum and Coal Fields— _ }\\V
fffi!) Crops of Everything California Produces
111 :| Oceano produces oranges within sound of the surf—within one block of the beach flowers I; i
fi|L| spring from the very sands. There is no grain or fruit produced anywhere in the United States I.' 3
IgJl'.'A that does not seem to find more favorable conditions at Oceano Beach. The Santa Maria oil Ji'-'v
||a.,V producing wells are but 16 miles and the Tiber producing wells 5 miles distant. Oil Port, with - $■'■■'/%
aaj.v'S the $2,000,000 oil refinery! is not far away and also near by is Tar Springs, producing the finest , . >;£■£s;
$P£p ■ grades of pure asphaltum, and El Remy, famous for its grapes and wines, as well as matchless c&<tf:l
Yv&yS' mines of Onyx. PWy
|tjf Call at Our Office and Get Facts and Figures Bearing m
J| Out These Wonder Tales II
fcg|J^V Free Interesting Steriopticon Lectures Every Tuesday and Friday at 8 P.M. | {&\^#|jv
121 MERCHANTS TRUST BLDGT>O7 30.BDWY.
LOS ANGELES. CALIF.
LOS ANGELES TIER ALP: SUNDAY MORNING, APRIL 10, 1010.
PARKWAY TEN FEET WIDE
AND PALM TREES ABOUND
The Arthur W. Kinney company has
taken the. selling agency for tho Chap
man Park tract in the Wllshlre district,
This is one of the tlnest of the high
grade subdivisions in the west end, and
comprises about fourteen city blocks
extending from Wllshlre boulevard
inn tii to Fourth street and lying be
tween Normandle and Kenmore ave
nues. The Fourth and Sixth street car
lines run through the property, and
massive ornamental gateways mark
the street Intersections on Wilshiro
boulevard.
Tho Chapman Park tract was laid
out some time since by the owners.
Chapman Bros, company, and there
are now eighteen costly homes built or
in course of construction. Especial at-
tentlon has ben given to the finishing
of the streets, and they nre of a high
order, The parkways on all streets are
ten feet wide, and handsome palm trees
are planted their entire length.
HOME SOLD FOR $2500
The Cornell company lias sold for
Charles E. Foster to 'William E. Blat
ter the property at 948 East Forty-sev
enth street for $2500. The lot is 50x144
feet with a double frontage au'l Is
improved with a four-room cottage.
SAN PEDRO
Harbor property is a safe investment. The Improvements and the back
ing by the government Is itself a guarantee of the future, of the port. The
bond issue of April 19, 1910, amounting to $3,000,000, will Increase the valu
ation of every foot of land In San Pedro. I have the handling and ex
clusive agency for the best and cheapest property In San Pedro. .
See me at once.
CHARLES MASON
lj*» Angeles OlTee, 202 Security Building, Southeast Corner Fifth and Spring it*.
Han lVJru Office, 117 West Sixth street. <■■■
BIG FIRM BUYS BIG TRACT
OUTLAY ABOUT $130,000
Strong & Dickinson, heading a syndi
cate, have purchased 234 acres at How
ard Summit for a total consideration
of $130,000. This land is adjacent to
Howard townslte and the well known
Athens-on-the-Hill. The tract has been
subdivided into acre lots, streets graded
and water piped, with suitable restric
tions, and will be placed on the mar
ket at once. The platting of tho acre
lots Is unique in that they are so ar
ranged that as the city grows the acre
lots may be practically divided Into
either four or five ordinary city lots.
The acreage is admirably located, com
manding fine views of the country.
PROMOTION FOR .G. A. K. HOWARD
The directors of the Hibernia Sav
ings bank announce the election of
George A. K. Howard as cashier of
tlio gCW institution, which will open
for business In the ol<l quarters of the
American Savings bank on the north
east corner of Third and Spring streets
on or about May 14. Mr. Howard is con
sidered well qualified for the position,
having been engaged in banking for
fourteen years, and is at present man
ager of the branch of the American
•bank at Vernon and Central avenue.
Sensible Talk
—with the frills left off
Every form of investment should be scrutinized with great care—it is of the utmost
importance that every one should be careful in selecting investmentsi. It is better
for those who wish to save a portion of their earnings and savings to put it into an
established business like "HOME BUILDERS" or other concerns that could
be mentioned, than into speculative enterprises that have not been tried out and
proved successful. Of course the person who has money to invest—no matter
whether the amount be large or small—must be the judge of what constitutes "a
safe investment."
It should need no argument, however, to convince a careful and conservative
person that a concern which has an established business, and which is. now pro
ducing a satisfactory profit for its shareholders, offers a greater safety for the in
vestment of capital. If an established business like "HOME BUILDERS" can
also offer the investor an assured profit of from 8 per cent to 12 per cent on the in
vestment, together with a steady increase in value—there is abundant reason why
its claims, and statements made, should be carefully heeded.
"HOME BUILDERS" has an established business and is paying its- share
holders a satisfactory profit—3 1-2 per cent in cash dividends every three months,
and beginning May Ist will pay 4 per cent in cash dividends every three months.
This isi at the rate of 16 per cent per annum on the par value of its stock.
"HOME BUILDERS" is an established fact—an organization with more than
Half a Million Dollars
in assets and a surplus of undivided profits of more than $100,000. This belongs
to the stockholders..
You can purchase "HOME BUILDERS" stock at $1.85 per share for all cash
or on payment of 10 per cent down and 5 per cent monthly. 100 shares can be
bought by paying $18.50 cash and $9.25 a month. The number of shares paid for
at the end of each quarter—April 30 —Tuly 31—October 31 and January 31—of
each year will draw the full quarter's dividend. EVERY SHARE BOUGHT
AND PAID FOR BEFORE APRIL 30 WILL RECEIVE THE FULL 3J%
DIVIDEND FOR FEBRUARY, MARCH AND APRIL.
The foundations for most of the comfortable competencies that men and wo
men enjoy were laid in just this way. They began by saving a little and adding to
it every weel: or month.
Open an Account with
"Home Builders"
—You can commence with as low as $1.00 on a subscription of 5 shares. Before
long you will have acquired the saving habit and be adding to your investment
regularly every month. It will earn for you, commencing May 1, 16% per an
num on the par value and show a steady increase in value. Buy "HOME
BUILDERS" stock now and get the full quarter's dividend—declared April 30.
We quote from the report of the Auditing Committee—rendered March 31 —
and published in last Sunday's papers:
"We find that the annual statement, as submitted by the officials of the
company, was within the facts as to the condition of the company, and that, if
anything, the condition of the company is even better than shown by the state
ment —due to the fact that the officials made larger allowances to cover contingen
cies that would seem absolutely necessary. O. J. SWEET, Brig. Gen. U. S. N.,
Retired; G. FREAN MORCOM, Capitalist, Pasadena; ALBERT H. BEACH,
Real Estate, Los Angeles, STOCKHOLDERS' AUDITING COMMITTEE."
Send for "Home Builders" Monthly—an 8-page newspaper published for the
purpose of disseminating knowledge about "Home Builders" way of doing things
—it's free.
129 S. Broadway, Los Angeles, Cal.
Phones-Home 10963, Main 496
GOING TO BUILD?
OfficeLoftHotel Buildings
Warehouse or Industrial Plants
======== CONSULT
Richards-Neustadt
DEPARTMENTS: jf~>*
Executive. 1 <Uonstruction kjo.
E .rrr v>ionstruction v><o.
Kogfne#riay.
p^h*t^ 703-704-705-706 Wright & Callender Bldg.,
Constructing. Los Angeles.
An Advertisement Becomes an Investment
When Placed in THE HERALD
. PHONE F5406
DR. L. A. LAUER, Dentist
«3«V4 S. Main, oar. Seventh street.
To become acquainted with you and es
tablish a business here, I will, for v lim
ited time, do the highest class of dental
work at half prices.
Bear In mind that this is no fake an*
i that I am no advertising dentist, but
that I am simply doing this to build UP
a practice.
■ This Is an opportunity you should take
advantage of, as I would like to show
you what I can do and how easily I oan
do It, and how little It will cost.
For 15 years I enjoyed one of the
finest practices In Chicago, and my
reputation among the dental profession
there Is Al. Consult me (free), get my
estimate on your work before going
elsewhere.
My system is painless dentistry, said I
guarantee all my work.
HOURS—* to 6. SUNDAY, » to 19.
Shoes Half Price and Less
Over two hundred big display bargain
tables are displaying shoes for men, women
and children, on sale In many instances for
half price end less. Convince yourself, and
come to the
MAMMOTH shoe HOUSE. -
BIS South Broadway. „
3