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St. Louis Post-Dispatch from St. Louis, Missouri • Page 72

Location:
St. Louis, Missouri
Issue Date:
Page:
72
Extracted Article Text (OCR)

ST.LOUIS POST-DISPATinjWIlMniS Real Estate For PART EIGHT. ST. LOUIS, SUNDAY MORNING, NOVEMBER 4, 1928. PAGES 1 1 SB. (MggIIMIi JEM FORMER NELSON HOI 'NEW APARTMENT Uptown Building Project, Country Club and Apartments SUIT AGAINST USE OF WORD 'REALTOR' BY SCHEMEL-GRIMM Ileal listatc I ixcliange; Contends Tliat Only J(S Members Are 1 milled to Im: It.

Suit was filed in Circuit Court yesterday to enjoin the Schemei- FOR PERSHING AV TO BE COUNTRY CLUB CORNER LEASED Gardens Will De a Feature of lixeter Arms Soon to Be lireeteJ. Wheaton C. Ferris to Improve Place fur Personnel of His Concern. Grimm Real Kstate 4915 Kas-j ton avenue, from using the term "realtor'' for advertising purposes, i The petition, filed by the St. f-ouis Ks-'tate Exchange and the National Association of Real Boards, sets forth that-only members of thir organizations IBM YEARS Subsidiary of Wolff-Wilson Drug Co.

Agrees to Erect New Building and Pay $16,800 Yearly Rent. Refusing an offer of $150,000, for the former Lewis G. Nelson home, at 6921 Natural Bridge road. near Lucas and Hunt roads, in St. Louis County, with a few acres of are entitled to the use of the v.

ord. hich, it was stated, was coined ly a Minneapolis real estate dealer, who donated it to the National Association, which, in turn, donated the use of it to its allied organizations, anion? them the St. Louis ileal Kstate Exchange. Kaniel Bartlett, attorney for petitioners, said the defendant firm, which is composed of George Schemei and Grimm, is not a member of the Kxchange. LATE DR.

KIER'S RESIDENCE SOLD ''41 New Rockwood Court Apartments at Rock Hill road Negotiations for Twelfth and Chestnut Site Pending Wanstrath Buys 715 Chestnut Street. fAr Y'-ya" ana LOCKwooq avenue, weubter uroves. utsigntu -1 1 -t- i in: viY't ana DUUt Dy tne wiucner xngiiicci ing wu. HOWE SCALE CO. MS fit 1 i jySSSSSSSSSSSYSSSSSSSSSSSSSSSSYSSSSSS DDHAnU IhM DllliniMP n.

uiUMur mi UUILUMU Work will soon be started on thj new Exeter Arms, an apartment house of seven stories to be ended on Pershing avenue, on lot tflt by 213 feet, immediately adjoining the Hotel Avalon, at 339 No.th Taylor avenue on tho west. T.i building permit has been granted. The Exeter Arms will contain suites ranging from seven rooms (nine-room efficiency). Ave room (six-room efficiency) to four rooms (live-room efficiency), with prlvt baths, maid's room, maul's bath and sun rooms. It will fittei with electrical refrigeration and incinerators.

Murphy in-ador twin beds, and there will be boudoir dressing rooms in connection with the sleeping rooms. There will be passenger and freight elevators. A garage will be built fxtending to alley on the south, on the roof of which will be constructed a formal English garden or a safe playground for the children of th apartment house tenants. Elevators will run to the roof of the apartment house, where a roof garden will be kept open for the use of the tenants during the sum-in. months.

The style of the building will English Gothic. A lounge will be designed on the first floor. An office for the management will also be placed on this floor. The exterior of the building wtll be of Ivory buffhrlck. trimmM with carved Bedford stone, and it will have two towers.

In the front of the building will be a garden, and there will be no automobile driveways from Pershing avenu'. The automobiles entering the building from the alley will connect with elevators, reaching the apartments. There will be no stores, offices or public dining room In the building. The building Is designed by the T. 1'.

Barnett company. The Chaunccy P. Heath Real Estate Co. Is agent for the property. 4 i -iSofe: w4f MiJ-wcst Branch Will Be Convenient to I.

T. S. in New Location. Tiie St. Louis branch of the Howe Scale Co.

of Kutland, 512-14 St. Charles street, has taken a lease on the building at 2301-03 North liroadvvay through Cady of the Mississippi Valley Trust Co. While tlii- property at the present time is not located on the Illinois Terminal System it is so equipped and convenient for connections in the future. The scale company not only retails but lias need for a large warehouse to handle a large stock ol scale, trucks, refrigerators, which is shipped through the South ana Southwest, this office having juris- the ground surrounding it, at-on C. Ferris has decided to turn the place into a permanent country club for the members of his real estate organization and their families.

Ferris recently purchased the 160-acre Nelson estate, which extends northward from Natural Bridge road, adjacent to the east side of Lucas and Hunt road, to a point opposite the North Hills Country Club. The Klrkuood-Ferguson car line runs through the property near the Natural Bridge front, and has a station at the Nelson place. The tract, which is only a short distance from the site of the proposed plant of the General Electric at Goodfellovv and Bircher avenues, has been subdivided under the name Electric Homesites. Ferris has now subdivided a total of 515 acres of ground between Good-fellow avenue ami Lucas and Hutit road, or about 80 per cent of all the property between the two thoroughfares. adjacent to the north side of Natural Bridge road.

The house is a 2-room structure. It has two bowling alleys, a billiard room and a library with built-in cases There is a tennis court, a keeper's cottage and stables, which will be made into a garage. Contracts are being let for two handball courts, two additional tennis courts and an outdoor swimming pool, 50 by 100 feet. Croquette grounds also will be improved. The place has been named lhe O.

S. T. Club for the Olive Street Terrace Realty the first company organised by Ferris when he entered the reai estate business in St. Louis more than 20 years ago. The former dining room has been converted into a cafe, where members are served wi'h food at virtual cost.

Several sleeping rooms also have been furnished. The officers of the club are: Miss Rose Brennan. president; Mrs. R. C.

McMMian, T. V. Florlan and George Manley. vice presidents; Miss Neona Michael, secretary; Miss Margaret Rubenaker, treasurer; Mrs. H.

A. Grlcse, hostess. When it was decided to make a permanent club, a guest book was installed and the first person to Former Lewis G. Nelson home, now country club for realty companies employes. A.

'SSSSS or a a diction over Southern Illinois. East-j em and Southern Missouri. Arkan-j sas. Texas and a part of Oklahoma. I Tiie St.

Kouis branch is among the firms who have been in busi- ness in St. Louis for more than T0 nful8asi irii -lime i MX years, it is untier the management of Frank L. Ro-les. Qto -4 Design as modified for new building to be erected at 3611-17 Olive street by the Continental Life Insurance Co. for its home of fices.

Estimated cost, $1,500,000 W. B. Ittner, architect. MUSICK PLATING WORKS LEASES NEW QUARTERS Mush riatinsr Works, one of the oldest and largest plating concerns in Louis, now located at Chestnut street, has taken a if p- i.n.nw, ST. LOUIS DAILY RECORD CO.

BUYS MARKET STREET BUILDING St. Louis Daily Record Co. has purchased the property at 920 Market street, occupied by Evens i Howard Fire Brick Co. The property. With a frontage tt G21-4 feet on the south side of Market street, was owned by the heirs of the Robert Harclay estate.

John H. Krelger rerrexented the purchasers, and the sellers were represented by Cornet Jfc Zeiblg. sign it was Mrs. Lewis O. Nelson, whose home the place formerly was.

I TITLE TO SITE TRANSFERRED FOR CONTINENTAL BUILDING 20 -year leas-" of the building for-J inerly occupied by the Pittsburgh I'late Glass Co. at 20C-20S South; Ninth street. The building, which contains Sf'00 feet, will be altered exten-i sively. A parking court for cus- tonv-rs CO feet wide and 20 feet! deep under roof, will be a new fea-ture. i David I.

I.viuh A Co. repre Apartment at 7300 Pershing avenue recently completed Insurance Firm to Erect 20-Story Structure at Grand and Olive Which Will Also House Bank. sented the Musick la-ting Works while G. L. Schahcrg represented the trustees for the Peck owners of the property.

ALBERT MAYERTUNGAIOW IS OF SPANISH TYPE Tiie new 11 -room bungalow resi-i WILLM0RE ORGANIZATION TO DEVELOP 350-ACRE TRACT Acquires Title to Francis Farm and Adjacent Property Sewer Under Construction in District. GOLD NOTES Secured by deed of trust on new flats and apart- nients. Ample fire and tornado insurance. Guar-3 anteed title. Denomina- lions $100, $250, $500.

Interest payable semi-Z annually. Maturities, to 5 5 years. By Berry Moore. A 99-yeur lease lias been for the southeast corner of Grand boulevard and Arsenal street, K'n by feet, tor total rental of $1,633,000. The lessee is the Garcia llealty Investment a iubsidiary of the Wolff -Wilson L'rug Co.

Theodore Ilemnu Imanii formerly president of tiie Hemrnelmaun-Spackler Real Kstate negotiated the ase. Annual rentals as prescribed in Jesse are at the rate of year for th first 1 i ind a year lor the re-Minder of tiie term, an average of $16,800. Tiiis gives the jroperty a valuation of approxi-nately or about $21 -i i foot figured on a basis of its Jrand boulevard frontave of l-'i which is a ri u' top price for jround valu-s at this i nt rst ction. The site is occupied by a thtee-siorjr building which must be replaced within 1 jears by a new building at the xp nse the lessee under the provisions of the lease. The pres nt build-in; is by a drug store conducted by the Knderle Drue but later taken over by lie Wolff-Wilson- Co.

The property is our-ed by their. V. Tamm Investment Co. Other leases Pi-imm-I. According to reports, negotia-lons are also pending for a lease of the seven-story fire-irocf Iiickman office building on he west side of Grand boulevard south of Arsenal strett.

which attractive because of stores on ie ground floor. This building operated by tiie Joseph l- Realty which controls it the largest r. The southwest corner of Grand aatevard and Arsentil street was ecently taken tinder a 15-year ease fcy the Walgreen l'rug trough Sara Hamburg Jr. This torner is improved with a two-Sor? building, occupied by the Ar-nal Theater Co. under- a lease vhtch shortly will expire, when fhe Walgreen company will take wssession.

It is owned by Kd icobs. who purchased it early in ie year from the Kdward Butler Kate through the Mercantile -us: Co. for 211. 000. X-gotiations ptnding an unprecedented number of in the central district tti the outlying sec tions important factors as csuib-ground values.

lor Twelfth lJouIeaiil Site. ag disclosed yesterday that has been submitted for a "War lease of the northeast cor-Mr of Tvvelftli boulevard and "Wnut street, obviously on be-w of a large building project, tiie Ware of which is within Id. Th te. which has a frontage feet on Tvvtlflh boulevard a depth of 12:, fet on chest- vas under a. ''year lease two vears aio bv a indicate composed of Arthur J.

'italmmonji. William J. Kir.no othfrs through Corn.t -g. The fee to tiie property is ned by the Turner estate. Old Watory building, occupy it.

i tie offer, according to Kinney it. involved the pur-of the lease. While the was declined, negotiations, it "stated, are still pendir.tr. The Is ttld t0 h(. a op.

"ng on a national scale, which tracied by the future of the orner. The holding is opposite the new Court House, occupying the Chestnut to Market and '21 'i t0 Eievt'Rth street, and 'be one of the most imposing to mo rial itai be enhanced lue with the erection of the federal Buidir.g on the block "Mirtheast corner of Twelfh Hilket strects, as now seems Wanstrath to IluiUL Wot 21 by iu feet at 715 51aut has len purchased by (jT J- Wanstrath. real es'ate lhe transaction, it was -rnooj established a new l.b-h VfrT insilie this rT'' riot lies juvt est of the 1 n1 nouth alley of this block, tfe oxlie the International at the southeast fln'5 streets. re-story building now o- w'h't' is to be with back to the new Fox Theater on Grand boulevard. The price paid by tiie Continental, it is understood, is practically the same as that paid by the bank to the Scruggs estate in May.

The new Continental building is to be 250 feet high, with 20 full stories with, a tower accentuating its height. Cost will be approximately 1,500.000. It will embody modern features of skyscraper construction. Its exterior design will harmonize with the artistic features emphasized in recent local dence of Albert Mayer at G228 I l-'auqui' drive recently completed I is exciting more than ordinary in- i terest. It is of the Spanish-type and of original and striking de- rl Mortqvqe 1 in 1917 for a (ai by the late: David R.

Frances. i siirn. lhe rooms lnc.uue an in-j tractive studio parlor and recrea- tion room, tlas heat also has been provided for. The building wa I rected by the A. Mayer Building Title to the property at SG11-1" Olive street has been transferred by the Grand National Bank to the Continental Life Insurance with the announcement that construction of the 20-story office building project for the home offices of the insurance company would be started at once upon approval of the final plans by William B.

Ittner. the architect. It was originally intended that the building should be erected by the bank, which several months ago purchased the site for S240.0H' from the Scruggs estate, with plans for leasing to the insurance company quarters on the upper floors for its home offices, according to Ed Mays, president. There was objection to this plan by the National Bank authorities. The Continental then decided to take over the property and become the bui'der.

The bank will occupy the first arid second floors and the Continental offices will occupy the next five floors. The remainder of the Tin a rchitect ural achievements. 3 Anderson-Stocke-Buermann 3 MAin 4593 REALTY GO. 808 Chestnut St. Two ytars ago the Board or Education purchased a si'e for a school near the center ot the property.

EUGENE TAYLOR TAKES LEASE ON WASHINGTON AY. CORNER A long term lease has been negotiated by Eugene Taylor, commercial photographer, on the entire second floor of the building at the southwest corner of Fifteenth street and Washington The lease was negotiated by Martin and Breitt. who represented the owner. Morris P. Lipschmitz, and the lessee.

cj s-i rVT Co. of which Albert Mayer is president. FIVE SALESTNNOUNCED BY RENGEL-WEBER CO. The Pealty South Grand boulevard, the following sales: C09 Wanda street, I'ungalow for Frederitk Trautermann; lot on Pates street for a client to John Wolff; 23 IS Whittemore street, residence for Paul Heise to Homer Wyatt; lot on Hancock street for Margaret Feldmann to August J. Kien; 4f37 Nottingham street, residence for' George Kllis to Frar-t Powers.

WITH SAFETY MOITTGAGE" B0NDJ (S0 front of the building will be faced with white terra cotta of ornamental pattern, giving a lacework rather than a flat or massive effect to the towering pile, this having been suggested by President Mays after an inspection of some of the newest buildings of this class in New York and other cities. Building on Setback Stjle. AX-ove the second story there will be a slight recession of he-front wall to relieve the perpendicular lines, and at the fifteenth story there will be a setback of both the front and side walls, tapering the higher portion of the building, with further setbacks at the twentieth floor and in the cornice, the whole culminating in a central tower effect at the top. mtrtr yo.r building will be available io. rental as offices to tenants, as was contemplated in the first plan.

lair.lairtt la avrarra kr aoaaa flrat anortaaaa aa larota pmr'nm properly, alwaya roaaarvaf Irri appralord kf oerta, laaartaa; aafrtr ml arlarlpal aaa a arofll. aala latvreat retara. CHOUTEAU TRUST COMPANY Ixt Has 100-Foot Tront. front- Iff: The lot has a 100-fflot SCIENTIFIC HEATING INSTILLATIONS, REPAIRS AND SERVICE W. A.

CRABTREE 5 vr I ncinrr Aiwrion Kadiator Co. street with a feet. extending age on Olive dCpth of 152 4030 Chouteau Avenue aaaratr. FOREST 9434 4557 DELKAR of bases hove also been closed on a new one story huiidir.g containing 31.000 square feet of floor space. that will be erected immediately on the lot on the northwest corner of! Forest Park boulevard and Sarah street.

I Tiie St. Louis Hills Realty a subsidiary of the Cyrus Crane Will-more Organization, has acquired title, through deeds filed this week to the Francis farm of 310 acres on Watson road and Eichelberger avenue, and four adjoining tracts, altogether about 350 acres. Sale of the Francis farm by tiie D- R. Francis estate was closed early in May, as was told at that time exclusively in the J'ost-Dispatch. The negotiations were handled by Cornet fc Zeibig and Francis-Perry Ruth Realty Co.

Whiie no announcement has been made, it is understood that the Wilimore organization plans develop this tract as it developed University Hills and University Park in University City, and Kings-highway Hills. A sewer system, now in process of construction, will add to the value of the land. The property extends from approximately 125 feet west -of Hampton avenue to River des Peres from Eichflberger north to Watson road. The land purchased is thought to be the last of old rurvey 3217. which by a special act of Congress, dated July 4, 1S6S.

was granted to the legal representatives of Ann O. Camp and Antoine Reir.le. Survey 2217 included within its boundaries all the land west of hat is now Morgar.ford road to the River des Peres with the Gravois road district, forming the southern boundary and what is now Pernod avenue, the northern boundary. The street boundaries given are approximate. Records in French and Spanish tell of the conveyance tf this tract to Ann C.

Camp and Antoine Reihle, her son-in-law. Dec. 3 1796. Subsequent conveyances include among the owners, Alexander McNair. William Stokes.

John O'Fallon, Alfonso Wet more. Pierre Chouteau. John p. Cabanne. Bartholomew Berthold.

Joseph A. Wherry and Boone Wherry. Record of the Missouri Supreme Court. Volume 5. 307, McNair vs Hunt, fhow that the property was offered for sale at the church door after public rrayer March 21, 1102 and was bought in by Gregoriv Sarpy for The Francis tract formerly included 60 acres aeedd to the city nummmmmmmmmtmummmmmuummmtuuuuummmummmmumnmammmum I5t WET OR DRY If your e-Hr la ae.

will how ou fcow to nnkr It dr. Iy the nmr of "II ire-Prool." the world's crralrat waterproof Ibk (rut. I It jorelf. FLOOR RESURFACING WATERPROOFING CO. 44H Srr4 fit.

fit. I.ouia. Mo. I'kaari Hrataaf 4H AllM-rt Wonzlk'k Ilejort. O.

H. Jones, sales manager for the Albert Wenzlick Peal Estate reports the following sales for the week: Single fiat, 5 r. 5 Southwest avenue for Grace A. Graham to C. bungalow Bemistc a avenue, for M.

West to Joseph It. and Cathryn Cosgrove: bungalow 7 040 Ethel avenue for O. C. Hottensen to Ed Thalkameier; cottage. 4454 Bessie avenue for W.

T. Seaton to Alanzo W. McCullough, tenement. 3C24-4 6 South Broadway for Frank Haret to Frank N. Sulzer: bungalow f.r.09 Finkman avenue for John W.

Miller to Boy II. Anderson. by the residence of the late I'r. Vv'm. F.

Kier, r. 0 Lindell boulevard. It was bought in the name of Wm. F. Ikmahoe.

obviously a lay fisure in th transaction. Negotiations for this holding were handled by Frank II. Ger-haylt. who declines to disclose the purchaser, pending plans for the erection of a building. The purchase price has not been made public.

The property was held at $30iM) a foot by the late lr. Kier. according to real estate agents. It is regarded as available for an additin to the 15-story Melbourne Hotel adjoining at the northwest corner of Lindell and Grand boulevard. Alex M.

and F. J. Cornwell. builders and owners Of the hotel, disclaim any interest in the Pay Off Your Mortgage Iiu't continue thai liabit of txM-roMing for jcar two ihI tlwii n-iK-w tug lltr ttamn ta full. 1bl ta ei pensive and of- 3 fers no Iim- nt i to sate.

aj lif-t us niake ou a JS-jcar HOUSE BEGAN IN BEL-NOR FOR AUGUST A. HARTMAN Ground was broken last week on Hatherly and Moniteau drives in Bel-Nor for an English style residence for August H. Hartman or the Hartman Fruit and Produce Co. It was designed by L. J.

Graham and is being built by Albert Pau'i. The first story will be stone an4 brick, the second heavy timber and stucco. A slate roof will be used and the garage will be built as part of the house. Five new homes will be started soon the Kr.ickmeyer-Fleer Realty Investment exclusive sales agent for Bel-Nor. which is on Naturn! Bridce road, between the Bellerive and Normandie Golf clubs.

ISAAC T. COOK CO. REPORTS SEVERAL LEASES NEGOTIATED The Isaac T. Cook Co. announces the following leases: store 557 3 Pershing avenue, to B.

A. obs-feld for a tailoring hop: store the new building. 2021 Washington avenue, to Theodore Cox. for a restaurant; entire sixth floor at Washington avenue, to the National Skirt Press store room. 10 5 North Sixth street, for the Timrnermun Estate to the A.

P. Stages. for a bus station; building. S026-2R Locust street, for the Kretzcr Realty represented by the Mathews llealty Co to the St. Louis Motor Coach Co-'; fifth floor at 704 North Ninth street, for B.

Lesser, to the Millinery Embroidery Works. entire seventh floor at 615-21 North Ninth street, to the Havid Cohen Hat who formerly occupied only one-half of this floor; sixth floor of the same building, to the Braun-Itosenbeig- Garment space on the third floor of the Leather Trades Building. 1600 Locust street, to Frank P. O'N'dl. representing an Eastern leather manufacturer, for stock room and spar on the second floor at 1MS-32 Washington avenue, to the Century Art Tress.

A number TRELLIS TEA ROOM 453 CE EALIY1ERE AYE. Dinner for $1.25 wv4 from li to P. M. Cater to Lneton. Bride and A 7 loan on tle Irtrcpolitan plan; tlten jnj can iaj off without tut I ng fo rrnf, LACLEDE BOND MORTGAGE CO.

I 714 CHESTNUT ST. Loan Correspondent Metropolitan Life Ins. Co. Ib-Mnut 1A. llcstoot 0- "ic-proor iiuiKHIig 4 of the G-OiMo J.

Er-tulur itn 73 hirkra Klnnrr. nnajr ljjn'bin. nj KOe MfMlaj iinnr. rj r. M.

nm-n 7 A M. I 1 Sutula for lait l.AIny 11 1 p. tw. tat. Co.

V. M. llelti Jr. Moves. Victor Wiilia' Itettz Jr.

announces the removal ef h' offices to no Bank of University Building. 6fi25 lelrnar boulevard, lb if has een in the real es'ate business in St. Louis for tZ years We speculation in I tile of 162 foot idot occupied.

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