Sixty Years in Southern California, 1853-1913: Containing the Reminiscences of Harris NewmarkNewmark, Harris
History
Sixty Years in Southern California, 1853-1913: Containing the Reminiscences of Harris Newmark
Newmark, Harris
California, Southern; Los Angeles (Calif.)
Hinchman, for fourteen thousand dollars, also disposed of the site of
the present Bullard Block, whereon Temple had erected a large brick
building, the lower part of which was used as a market while the upper
part was a theater. The terms in each of these three transactions were
a thousand dollars per annum, with interest at ten per cent. He sold
to the Bixbys the Cerritos _rancho_, containing twenty-six thousand
acres, for twenty thousand dollars. Besides these, there were eighteen
lots, each one hundred and twenty by three hundred and thirty feet,
located on Fort Street (now Broadway), some of which ran through to
Spring and others to Hill, which were bought by J. F. Burns and
William Buffum for one thousand and fifty dollars, or fifty dollars
each for the twelve inside and seventy-five dollars each for the six
corner lots.
Returning to the Fort Street lots, it may be interesting to know that
the property would be worth to-day--at an average price of four
thousand dollars per foot--about nine million dollars. Eugene Meyer
purchased one of the lots (on the west side of Fort Street, running
through to Hill, one hundred and twenty by three hundred and thirty
feet in size), for the sum of one thousand dollars; and I paid him a
thousand dollars for sixty feet and the same depth. In 1874 I built on
this site the home occupied by me for about twelve years, after which
I improved both fronts for F. L. Blanchard. These two blocks are still
in my possession; the Broadway building is known as Blanchard Hall.
Blanchard, by the way, a comer of 1886, started his Los Angeles career
in A. G. Bartlett's music store, and has since always been closely
identified with art movements. He organized the system of cluster
street-lights in use here and was an early promoter of good roads.
[Illustration: Pio Pico From an oil portrait]
[Illustration: Juan Bandini]
[Illustration: Abel Stearns]
[Illustration: Isaac Williams]
[Illustration: Store of Felipe Rheim]
Public-domain text, read in full here on John Shaqi.
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