Los Angeles herald. [microfilm reel], May 08, 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

                
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Founded in 1866 Incorporated Under the Laws of California May 29, 1899 Established in Los Angeles 1895
Los Angeles Investment Company
Telephones: Main 2248, 60127 ' 333-335-337 SOUTH HILL STREET Hours: 9 a. m. to 6 p. m.
172 d Monthly Report, May 1,1910
RESOURCES NET ASSETS
Balance due on houses being sold on monthly installments, mortgages Capital Stock paid in cash $1,650,409.00
secured loans and houses under construction $2,358,480.62 Reserve 2,078,1 1a.41—*5,7Z8£Z4.4l
Building Material Co. stock, including two lumber yards,lumber and T T A RTT TTI R<s
planing mills, warehouses, shops, factories, wagons, etc .... 164,740.00 liadiliiim
Stock in Globe Savings Bank at par (market value $87,290.00) . . 60,200.00 Dividends payable (uncalled for) $ 1,859.20
Real Estate (market'value $1,636,200.00) 1,222,565.99 Home Certificates and Mortgages on property pur-
Fixtures iJ'ac^in chased (not a legal liability) 224,125.18—$ 225,984.38
Cash on hand 144,052.60 $3,954,508.79
$3,954,508.79
*»<Lt na/:a Gain in Stockholders during the past month .__ 159
Profits on Real Estate during past year * ,A iAi So Gain in Stockholders during past year - 2133
Profits on Building and Construction during past year lr!?i?7 Total number of Stockholders -... - 4427
Interest received during past year ._ 156,573.67 Q ur 57^ q Uar terly cash dividend will be paid May 15,1910.
Profits from these three departments alone during the year $428,085.25 The amount of this dividend is __ - — $99,024.54
Thirty Thousand Shares of Unissued Stock now for sale at $3.15 a Share
After May 31st the price will be $3.20 a share. No Stockholder of this Company ever failed to get his money back if he wanted it.
DIRECTORS-Charles A. Elder, President and Manager; Charles Cassat Davis, Vice President and Attorney; W. D. Deeble, Secretary; G. M. Derby, Treasurer;
A. P. Thomson, Associate Attorney; Harry D. Rodgers, Auditor; C. L. Bagley.
QUARTER MILLION
DOLLARS IN SALES
Valuation of Orange and Walnut
Groves Indicated in the
Prices Secured
Williams Bros, company reporta Bales
of country property for the past sixty
days aggregating over 260.000. This
company states thai there never was a
time in the history of activity tribu
tary to Los Angeles when there waste)
strong a demand for high class country
properties as at the present tim<\ In
view of the tact that every one of
these deals was made by an actual
<ash transaction with no exchange
whatever, Indicates a phenomenal
business record for one firm for so
-hort a period. The wide range in si/rs
anfl valuations of these ranch proper
ties Indicates that there are practic
ally as many large transactions as
small ones, the Stronger demand ap
parently being lor walnut groves which
are coming into great public favor.
Sales were as follows:
Forty acre orange grove of Peter
Bondeften, located about seven miles
east of Fullerton, -<• acres being m
full bearing Valencia! and St. Mich
aels purchased by O. A. Hlattner of
South Pasadena, price $40,000. Mr. Rlat
tner Is a retired capitalist, and has ar
ranged for very extensive improve
ments to this property.
i me hundred and twenty acre ranch
known as the "Magnolia ilaneho." lo
cated about, threo'and one-half miles
from Fullerton, has been purchased
by J C Williams and J. n. Andrews
of Anaheim, for $35,000. The property
is being prepared for oranges, and is
known as one of the choicest pieces of
acreage in this entire section.
The Ustick ranch near Anaheim, con
sisting of 35 acres of walnuts, and
some oranges, has been sold to K. W.
Clark for $19,500. This Is a highly Im
proved property, having fine buildings,
pumping plant, etc.
C. W. Blattner has sold to J. < . Wll
liams and J. B. Andrews, his 16-acre
orange and walnut grove on Common
wealth avenue, Fullerton, for $16,000.
Henry Keighley has lxmght of Su
pervisor Llnoberger a 10-acre orange
and walnut grove, on Chapman avenue,
Fullerton, for $15,000.
E. M. Koll has sold to S. E. Hll
liard his 14-ac.re walnut grove on Chap
man avenue, Fullerton, for $15,000.
This is one of the best groves in the
state.
Edwin A. Waggar lias bought from
W. E. ("Mark his 15-aere walnut grove
near Anaheim for $12,500.
J. A. Betz has bought from J. C.
Williams and J. B. Andrews, 18 acres
of unimproved land for $7200.
The S. J. Jackson 30-acre alfalfa
ranch west of Anaheim has been pur
chaaed by John J. Sullivan for $12,000.
John E. Phillips has purchased from
J. E. "Walker his BMj-aero walnut grove
in Fullerton for $11,000.
Prank Wright has bought the H. F.
H. Schneider walnut grove east of An
aheim; paying therefor $9500. This place
i onsists of ten acres of full bearing
trees.
E. M. Koll has purchased from Mrs.
W A. Barnes lier eight-acre walnut
grove In Fullerton for $7000.
T. F. French has sold to G. E. Fletch
er his sixteen-aero plaso east of
Fullerton for $6500.
Mrs rda J. McGraw has sold to A.
M, Hlggens her eleven-aero walnut
grove for $5500.
.iiinies it. Oarhari lias sold to S. E.
Stair twenty-two acres of unimproved
Type of New Homes Near Van Ness Square
land on Spadro street, Fullerton, for
Fletcher his sixteen-acre place east
$4500.
Li. W. Bushard has sold to P. Han
nah his ten-acre ranch east of Ana
heim for a consideration of $3360.
D. N. Kelly has sold to Mrs. McOill
Ills ten-acre ranch east of Anaheim
for $3200.
Mrs. Annie Walters has sold to Kit
tle Andrews five acres of unimproved
land on Los Angeles street, Anaheim,
for $2000.
H. M. Poole has sold to J. W. Has
tings his forty-acre ranch near Ar
tesia lor $12,500.
LOT VALUATION CORNER
NINTH AND LAKE STREETS
Through the agency of W. B. Merwin
& Co. I. 1,. Hibbard has sold ot Amanda
Clark the Improved residence lot on the
southeast corner of Ninth and Lake
streets: consideration $18,500. The
frontage on Lake street is ninety feet,
on Ninth 145 feet to an alley.
SALES OF LOMITA ACRES
W. I.'Hollingsworth & CO.'S Lomita
Farm acres are being closed out rap-
Idly Last week $7925 worth of
property was sold to the following per
sons: C. E. Basler, J. R. Asbell, E. T.
Tolle, Frances D. Ulayes, Mrs. C. L.
Mlchod, John Black, T. C. Root, Scott
A. de Liuvney, Samuel W. Elrtridgo,
Fred Prator, Wilfred Hayes Gorton,
Grace Nlckelsen, Mrs. R. A. Hoague,
G W Moore and E. R. Miller. Many
of those people are buying for homes,
and Improvements are In progress.
EXCHANGE OF PROPERTY
The W. A. Roberts Realty company,
together with Hallagh & Warren,
have effected the exchange of three
houses, valued at $16,500, belonging to
H W Hoagland, for a 675-acre stock
ranch in Ban Luis Oblspo, county,
valued at $15,000, owned by C. W.
Towne and C. A. Carlson.
You can buy It, perhaps at many places, but
thore'. on« BEST place to buy lt-and that
B l«. advertise , , , • ;
LOS ANGELES HERALD: SUNDAY MORMXG, MAY 8, 1910.
HIGH-CLASS PROPERTY
ACQUIRED FOR HOMES
Eight Room Dwelling in South
west Section Taken
for $10,000
The Arthur W. Kinney company re
port the following recent sales of resi
dence property:
Clara L. Price to D. C .Ferguson,
eight-room modern house at 1431 South
Burlington avenue, lot 50x150 feet, con
sideration $10,000.
E. L. Pettifis to Charles A. Keyser,
the new 12-room house just being com
pleted on the west side of Berendo,
between Wilshlre boulevard and Bev
enth street, lot eoxloO feet, price $14,500.
Bought for a home.
Charles L,. Nichols to William Moody,
new ten-room house on e:ist side of
Harvard boulevard, near Fifth street,
lot 60x150 feet, fought for a home, price
$10,000.
George F. Ferris to Will Wilson, new
modern seven-room bungalow at 923
Harvard boulevard, lot 50x135 feet,
bought for a home, price $5500.
Ralph Lewis to Mattle Stewart Ker
ley the southeast corner of Cimarron
and Twenty-first streets, lot 50x150 feet,
price $3100.
Mesa Land company to Caroline b.
Wood, lot 73x178 feet on West Adams
street, between Twelfth and Thirteenth
avenues, price $2500.
D J. McMaster to George F. Ferris,
lot 60x140 feet, east side Thirteenth ave
nue, between Adams and Twenty-fifth
streets, price $1350.
F. C Langdon to A. S. Maker, the
southeast corner of Eleventh avenue
and West Twenty-fifth street, 60x140
feet, price $2550. '
Will Wilson to George F. Ferns, lot
50x160 teet, east side ot Crenshaw bou
l. yard, between Adama and Washing
ton, price $150"
SECURITIES WORTH $200,000
EXHIBITED IN COURT ROOM
They Will Be Capital Prize in the
Brunner Divorce Suit
Securities, bonds and deeds to the
value of about $200,000 wore exhibited
in the superior court before Judge Os
ter yesterday in the suit of Mrs. Louisa
Hrunner against Herman Brunner, the
St. Louis lottery kijig, for divorce and
$1000 a month alimony, which has been
in progress for several days.
The exhibits were gone over by the
attorneys to show how much property
had been acquired by the plaintiff from
the defendant, and a lively fight over
a division of the big amount is expected
during the coming week.
Attorneys for the defense stated that
they would introduce testimony tills
week which would show that Mrs.
Brunner and her children had allowed
the aged man to stay with them as
long as he had any property or was
able to make more money.
They declared that since he has be
come an invalid and incapable of look
ing after his affairs properly the plain
tiff has secured control of his exten
sive means and now wants to get rid
of him. ,
The attorneys contend that the big
estate all belongs to Brunner, in view
of the fact that he acquired the prop
erty in Missouri, where community
property laws are not applicable. On
this ground they will endeavor to se
cure a return of the entire estate.
TRIAL DATE IS SET
Justice Pierce sot Friday for a prr
limlnary hearing and fixed bail at $500
yesterday in the case of Clarence John
son, a BPeclal deputy sheriff, charged
with threateilng to kill Ira Foreman.
Johnson was guarding a house and lot
and took Foreman, who was a prospec
tive pin-pi hrtscr. for a prowler when ho
made the threat.
GLENDALE PLANS BIG
CELEBRATION MAY 14
New Municipal Lighting Plant Is
Completed, and the Burgh
Will Make Merry
Games of the Vaqueros. depleting the
early days on horseback in California,
an old-fashioned barbecue conducted
on sanitary lines, athletic contests in
which the boys and girls of the gram
mnr and high schools will participate,
freak races and contests, band con
certs, baseball and speaking, the pro
gram to be concluded by a spectacular
broadsword contest by Japanese con
testants, is the entertainment the mem
bers of the board ot trade and the Im
provement association "f Glendale and
vicinity have arranged to give to those
who visit Glendale May 14, the occasion
of the May festival celebration. Tha
celebration is planned to eommemoratfl
the completion of Glendale's municipal
lighting system.
A program fund of $1000 has been
subscribed by the business men and
citizens of the San Fernando va ley
city and this is to be expended in mak
ing the May festival one which will at
tract visitors--. Lapel buttons, present
ing the sentence •'Glendale, the jewel
city, is seven miles to the good, May
festival, May 14," are being worn by
the patriotic men, women, boys and
Kirls of Glendale to assist in advertis
ing the event.
EVERYTHING FREE
Everything is to he free to the city's
guests'even to automobile and carriage
rides through Glendale and the valley.
H P Colter, president of the board of
trade, and J. W. Usllton, president of
the Glendale and Vicinity Improve
ment association, assisted by their sev
eral committees, added the finishing
touches to the program yesterday. Thu
"barbecuing" of the meats has been
placed in charge of "Odylllc" Doyle ot
the Los Angeles and assistants. lhe
center of attraction will be In the
vocant block of land opposite the Pa
cific Electric station, ana at another
vacant half block in Fourth street, near
Brand boulevard.
The principal streets in Glendale are
to be decorated, the national colors and
orange, typical of California's fruits,
are to predominate.
The program of events, formed by
Messrs. Coker, Usilton, Muhlman and
Superintendent Howe of the Glendale
high school is as follows:
THE PROGRAM
Twelve o'clock noon to 1:30 o'clock-
Music by a Los Angeles and the LonS
Beach bands. Free barbecue.
1:30 to 3 o'clock—Free entertainment
by the Vaquero club of Los Angeles,
including feather pulling contest, a tug
of war, tornello or ring spearing and
rope throwing.
3 to 4 o'clock—Field sports, Including
a 50-yard dash for small boys, a 100
--yard dash, pole vault, broad jump, po
tato race, a fat man's race, a "Hurrah
for Glendale" contest, having sonic
thing to do with lemons; a sack lae.t,
three-legged race, a tug of war contest,
horseshoe pitching, a cracker-eating
contest and a baseball game,
6:30 o'clock—A May pole dance by
Glendale school children.
Band concert and speaking by Lee
C. Gates and Col. Tom C. Thornton.
The program will be conclude 1 by I
broadswonl contest between champion
Japanese swordsmen in the Sun Fer
nando valley.
=:=^j^jyELED CROWN OF THE GOLj^Us^^
The Half -Way Harbor Between Los Angeles and
San Francisco
Lots Now $250 and Up
Right Around the
INNER HARBOR
Development of This Inner Harbor
■■>:w ■ ■.-.:,,■■;. ~ ; —Pi
J
has been going on for four years. We have been di
recting the rapid flow of fresh, clear waters from
three rivers, converging into one at this point, and
so clearing our waterway to a depth varying from 9
to 20 feet. It will be but a short time before we can
expect to admit ocean draught vessels. t' >
Now Is the Time
to secure choice water frontage lots or lots in streets
converging to frontage on our inner harbor. The
choicest properties are limited. IMPORTANT
AND VALUABLE LOCATIONS CAN NOW
BE HAD AT FROM $250 TO $1500 PER LOT.
FRONTAGE VARIES FROM 25 TO 36 FEET
BY 100 TO 125 FEET.
Interesting Free Stereopticon Lectures
Every Tuesday and Friday at 8 P. M.
121 MERCHANTS TRUST 8LDG7207 30. BDWY.
LOS ANGELES. CALIF.
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