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Superintendent Resigns. Chas. Gustine has resigned as sup erintendent of the Cheyenne street railway system. He will go to Chi cago. Mr. Gustine has been an effi cient officer and is well liked as a citi wer. The Building Room, W. H. Green is building a nice cot tage on Twenty-third, between Fer guson and Eddy. An entire new front to be put in the Seventeenth street side of the opera house, E. R. Hurd is contemplating a ter race for Eddy and Twenty-third. Officers of Wyoming Commandery Knights Templar are negotiating for the Masten corner, Seventeenth and Capitol avenue. If the purchase is made a grand temple will be erected, Real Estate ‘Transfers. The following real estate transfers were recorded in the county clerk's office yesterday: James Longinotti and wife of Denver to James K. Grimes, lots 3 and 4, block 300...... $1,750 John W. Collins to O. W. Mar shall, 1,120 acres in Laramie COUDLY 25 osine wicacea canes . 5250 Meadow Land and Cattle com pany to John W. Collins, 160 acres in Laramie county. BOO Meadow Land and Cattle com pany to John W. Collins, 160 acres in Laramie county 70 With a Mammoth Stock, Wm. Myers, the pioneer and relia ble dry goods dealer, returned from the New York wholesale market two weeks ago and ever since has been opening cases at his emporium on Ferguson. He has now ready for the counters the best and largest stock of dry goods, novelties in conter fur nishing goods ever brought to the state. These he offers at prices that will shelve competition. Mr. Myers has been in the dry goods business here twenty-two years. He purchases personally in New York every season and now buys for two stores, getting the advantages of a heavy patron. “That's what Myers advertises and it must be so.” The only place to get Pennsylvania anthracite is at Riner Johnson's How a Magnificent Store and Office Block Could Be Had. THE MOVEMENT UNDER WAY A Modern Structure—Fire Proof and With Elevators—Cost #100,000— Half in Cash—Certain Profit Denver's Experience. The Sew is pleased to know of the local movement toward erecting a large office block which shall be five or six stories in height. The proposi tion is understood to involve a build ing containing all the modern im provements, including central iron supports, fire-proofing throughout and hydraulic elevators. There can be no question of such a block paying a handsome return to the investors. Not less than 10 per cent, and more, probably 15 per cent, can be realized. There is an urgent demand for more fine store rooms and more office rooms here. The top floor of the block could be divided off into lodge rooms. Before such a building was completed every room could be leased. As to cost, outside of the lot, it would require about one hundred thousand dollars. But all this sum need not be put up in cold cash. Only half that sum would be actually required. There would be no diffi culty in putting a fifty thousand dol lar mortgage on such a building at 6 per cent, and running for a long time, so that fifty thousand dollars in cash would accomplish the object. Large blocks of this character readily command heavy loans at low rates in the east, as is attested by the experi ence of Omaha, Kansas City, Denver, Salt Lake and Helena, as well as Pa cific Coast cities. There seems to be no serious obsta cle in the way of some business and professional and real estate men or ganizing a syndicate and constructing the block. But there is more in it than the mere convenience and revenue to be derived from it. It would be a mon ument to confidence. When our peo ple themselves show to the world that Cheyenne has become an electric street car and elevator building city, then the outside capitalist will con tract confidence and come in to par ticipate with his money in the assured prosperity following. The history of all western cities shows that the great struggle as to building up on massive lines was in erecting the first big block. Home people must lead the way. It was 60 in Denver when Ta bor put up his big business block, which at the time eclipsed anything between Chicago and San Fran cisco. And in a brief space the investor from the East came and in turn overshadowed the Tabor block. Denver's great prosperity dates from the birth of the Tabor block. Cheyenne will go on as never before when a syndicate block shall have been erected here. There can be nothing lost in the investment; everything is to be gained. The work involved is in forming a corporation and getting the necessary $50,000 or more represented. It is believed that the subscription books would be filled in less than one week's time. There is no need of advising that the experiment be tried. It is be yond that. There is no experiment about it. It is bound to succeed. With a central business location the block would always be kept filled, and thus would profit and prosperity be blended to the everlasting wood of the community. World’s Fair Representatives. Governor Barber has commissioned John McCormick, of Sheridan and Frank O. Williams, of Carbon, both state senators, Wyoming members of the board of World's Fair managers. It will be remembered there was at the time of the passage of the bill serious questions as to the eligi bility of Senator McCormick, who was practically appointed by the act. The governor finds that the se lection of the senator is legal. Frank O. Williams replaces Hon. Newell Beeman, who has resigned, Hoffman’s Horse. Henry Hoffman heard of his stolen horse yesterday. He learned that thiefs and animal had passed Fort Laramie. As the liveryman has offered a re ward of 225 he hopes to recover his property and cinch the man as well, Sheriff Kelley is working on the case,
Newspaper Details
Cheyenne Daily Sun
Cheyenne, Wyoming, US
Sun, Apr 05, 1891
Page 13
Full Page
Clipped by
Joel H.
USA 28 Aug 2026
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