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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Apr 20, 1913
Page
2
Real estate outlook touts suburban subdivisions as a steady path to home ownership with small cash payments and rent-like rates. The piece argues owners gain value and civic stake, noting Atlanta’s growth and widespread accessible sites near work for modest prices and improved neighborhoods.
Auction sales of residence lots held this season show growing popularity. Ralph O Cochran company conducted the sales, with brisk activity at both auctions and strong demand signaling a successful year ahead.
Rapid Buckhead housing expansion boosts demand as Peachtree Heights and Peachtree Heights Park see about a dozen new homes in the past year with twenty more planned. Prominent Atlantans buy lots along Peachtree, Wesley Habersham, and surrounding streets where city water sewers and Buckhead car line service enable swift access to downtown. An April 20 auction by Steve R Johnston will sell forty two lots with 63 to 100 foot fronts, all with utilities and street car proximity, under auctioneer Steve R Johnston.
Real estate men propose converting the Elliot Street hollow west of the tracks into a manufacturing district. They cite the National Paper Company plant on Simpson Street as a model with second floor shipping, suggesting embankments to place tracks at that level for future factories in the hollow.
Colliers Weekly argues real estate offers superior long term value as thrift penalties mount. It notes US savings exceed a hundred billion, land values rise, securities and life insurance hold fixed values while dollar worth falls, and investors face poor returns. The editorial cites insurance company practices and calls public focus on savings problems.
The text argues that life insurance policyholders receive far less than paid in due to currency depreciation over fifteen years. It notes policy monies function like loans, with premiums earning little after inflation. It suggests shifting investments toward land ownership or gold inflation as a potential remedy to preserve value.
Jesup Georgia April 13 Special Mrs Hattie Thomas wife of her husband believed N E Jones who had tired of his wife to be her true affinity Jones agreed with her They were married despite their previous nuptial obligations The two affinities disappeared Thursday night but were caught and today brought back by Deputy Sheriff Rogers They will be filed for bigamy in superior court here next week.
Hot Springs Arkansas April 19 a grand jury returned forty two indictments charging four present or former Garland county and Hot Springs officials with failure and neglect to enforce state gambling laws.
Rumor says more than four dozen business structures may rise along Whitehall street from Trinity avenue to the railroad. While some projects are uncertain, at least two may proceed. A large manufacturing firm, nationwide in scope, reportedly chose a Whitehall site for a local branch. Indicted officials include Sheri RL Williams and former prosecutor George P Whittington, among others. all were released on bond after yesterday.
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