The Southern States, March, 1894: An illustrated monthly magazine devoted to the SouthVarious
History
The Southern States, March, 1894: An illustrated monthly magazine devoted to the South
Various
Agriculture -- Southern States -- Periodicals; Southern States -- Industries -- Periodicals; Southern States -- Periodicals
“Another evidence of returning confidence and activity is found in the
desire and willingness of owners to sell their property at auction. We
already have a variety of property to be thus sold early this spring.
There has been a spirit of fairness and liberality manifested by
our citizens, one towards another, in the past year, which is truly
commendable; and the result is that creditors basing their security
upon real estate have not forced property for sale and broken prices
and distressed if not ruined their debtors; but they have exercised a
wise forbearance, and will soon be rewarded by full payment of all that
is due them, and values have been sustained in Atlanta as in no other
city within my knowledge. All signs point to an active spring market,
and to the investing here of much outside capital.”
Suburban Development at New Orleans.
A syndicate of St. Louis people is constructing a suburban residence
park at New Orleans. A body of land recently bought for that purpose
measures about 700 feet frontage on St. Charles street by 8000 feet
deep. The plans call for an ornamental entrance in the middle of the
front, and a graveled driveway through the middle of the plat. As
projected the entrance will be defended by handsome gates, the carriage
opening being about 100 feet wide, and two gates for foot passengers
on either side. Electric lights, prettily arranged, will stud the edge
of the arch leading to the apex, where an ornamental structure of iron
work will support additional bulbs. About 1500 feet of roadway have
been built, leading from the gateway back into the grounds, while equal
distances of Schillinger pavement have been laid on either side. A plat
has been reserved in the middle for shade trees and shrubbery.
* * * * *
The Capital City Real Estate and Investment Company, with a capital
stock of $30,000, has been organized at Austin, Texas. H. P. N. Gammel
is president.
* * * * *
Daytona, Fla., is rejoicing in much real estate activity.
* * * * *
Two of the most noted stock farms in Kentucky, both near Lexington,
have recently been sold. Mr. Jno. T. Hughes, the well-known horseman,
has purchased the Prince George place for a reported sum of $60,000.
J. R. Keene, the Eastern horseman, has bought the Castleton farm, the
property of Colonel Ford, of Virginia. The price is given as $70,000.
* * * * *
The Southern Farm Agency, of Lynchburg, Va., has recently sold some
farms to Northern people, and advertises in this issue of the SOUTHERN
STATES a number of very fine properties that can be had at very low
prices. The Southern Farm Agency, by the way, is one of the most
enterprising and progressive real estate concerns in the South.
* * * * *
Public-domain text, read in full here on John Shaqi.
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