Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, April 25, 1908, Image 3

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THE ATLANTA GEORGIAN AND NEWS. SATURDAY, APRIL 85, 1908. THIS 1$ WHAT THE DEVELOPMENT OF FORSYTH ST. MEANS I have been asked a number ot times since the proposed development of Forsyth street was published. If It was not such a mammoth task that It Is slmost impossible to accomplish It 1 have also failed to hear one ad verse criticism as to the desirability of carrying out the plant as outlined for Improving the street, vl*.: by doing sway with the present bad grades on the street, as far as possible, putting modern sidewalks and street pavement on it and changing the unsightly en trances and bad approaches to the For. ,yth street viaduct, which largely oper. ate against Its usefulness: First. By the general public as the most direct connection between the north and south side of the city, and from the north side to the Terminal station- Second, As the most convenient and Street route for our lire department to »nv point on the north side. Third. As furnishing the most direct route between North and South Atlan ta for the etreet railway company,' In order to relieve the congestion at the junction of Peachtree, Edge wood ave nue Decatur, Marietta and Broad etreets and on the Whitehall and Bread street viaducts, which conges t|on will Increase as the city grows. I have answered that as compared with the work I did In securing an option on SOO acres of land near the pumping station at Chattahochee river, which answered every requirement of the United States government, and In Interesting the necessary capital to en able me to offer It absolutely free to the city of Atlanta when It secured the Federal prison with a guarantee to build an electric line to the property for the purpose of hauling the freight and passengers Into and out of the prleon reservation. It Is easy. I did not get any compensation for my work, but I reduced the price of the site to the city to about one-fourth of the likely cost without any com pensation. That as compared with securing 400 options In West Atlanta In order to se cure the right of way Mr. H. M. At klnson now controls—It Is a baby. If my plans had been carried out In that matter the whole map of that section would have been changed, and It would have been made an attractive section, with a rearrangement of the etreets and blocks and with Alabama street extending as straight as a crow can fly, to an Intersection with Marietta street at Howell Station, with railroad tracks a proper distance on either side of It, so as to provide the most desir able wholesale and manufacturing property In the South, and place a union station at the end of Alabama street, but Mr. Atkinson and the rail roads refused to co-operate with me, e"dj 1 ’vMo abandon it. it would not have coat any m6re to carry out my plans than It has cost the several Interests to provide their terminals, and would have relieved the present congestion In their freight and passenger terminals and served the public much better and proven the big gest kind of money saver and maker for all of them and poor old "Hobo Hollow" would not look as It does to day. It was no small Job to get options on the block surrounded by Walton, Cone. Poplar and Falrlle-sts., and ••buck" the First Baptist church people and my friend E. P. Black, and make them re duce the price of the site for the post- office to meet the appropriation that bad been made to buy It with; but I offered my block at a hundred and sev enty thousand dollars and they hod to reduce theirs to two hundred thousand or lose the sale, which they did. So I had another case of good experience and no commission, but I will even up before I get thru with Forsyth-st. I have spent the last four years of my business life largely developing Analey Park, and It speaks for Itself. It takes time, money and Intelligent effort to accomplish anything worth while, and as I am not In the habit of getting hold of eaay Jobs, I am not afrjUd of undertaking the modernising and development of Forsyth-st.. when i realise how large an Influence I will have behind me, as shown by the list "f tax payers on tho accompanying rasp Their interests and mine are Identical, and that I will get their co operation atands to reason. PftopeHTY owners on Peachtree and forsvth Sts, Between DakERiA«o. u MiTCtt£Ll STS. ..aKAHLIMH tit t They are the largest tax payers both to city and county, and as tha county has co-operated In bringing other streets to proper grades, it will likely do so In this Instance. The city owns .fhe Are headquarters at the end of Alabama-st., and la Inter ested In securing the easiest, ■ best and quickest route to the north side of the city; It Is Interested In securing the present postofllce for a city hall; It Is nterested In making the Carnegie li brary as available to all sections of the city as possible. The state Is Interested In having Its property at the comer of Peachtree and Cain made as valuable as potslblt. The city and county are Interested In In creasing taxable values, on Forsyth-st. The United States government Is In terested In making Its property as valu able and available as poslble. The street railway and publlo utility corporations are Interested In getting additional quick cross-town connections and making their headquarters as con venient to each section as possible and don’t object to having their property Increased In value. Tho taxes the property owners show on the map, pay to the city and county entitles them to anything they want, that Is reasonable, and particularly so when It tends to beautify and Improve a street and Increase Its usefulness and Increase the taxable values of the prop erty abutting It. » t?»*a ipoyt r—^tfoan. I 'fefcf * - * * A4matn.ii ,T* "<>(*. r Elk* ,Clul,'' l Capita. I C.'ta-CUls 7 C&rnajiF loti-ary A Caslltv .^uilAinv * English' AatiiiaK^llt to Ei/uitabW4-p\»ii' " II Fouv4h’4NaV f-* ;^j* , jtaW®rEhtTa ,, 1iirnqa||. i*) city Han J Ov OJrcva^Haugq, 4»|Jottv\t«A OtltiCt <A*«ratan V ftjCoaiMiiaf, Afl’fitJtMtA K«H1 Plan of Financing the Proposed provaments on Forsyth-st. In Paris all blocks of buildings to be uniform and symmetrical, lanta haa only four or five blocks of that kind, vis.: Mr. 8. M. Inman's, near the Terminal, Captain J. W. English’s block on For syth. the block on the west side ot Whitehall between Alabama and the viaduct and the block on the eaat aide of Pryor-st. between Edgsfrood-ave. and Aubum-ave. ' The Unit Plan. In Beattie, Los Angeles and San Francisco i a whole block of property will be deeded Into a trust and each owner wtll share In the combination according to the value of his holding!. An agreed ground rent !■ decided upon. A complete plan for the buildings to be erected on the lot are prepared which usually provides for several storlee, as It takes a four-story building to take care of the Interest on the value of a central lot, the building, taxis, Insur ance and other fixed charges and above that point is where the greatest nst rental values are shown, as ench floor above the second: has about the same rental value and only the actual cost of erecting -all floors above the fourth are properly chargeable to the floors above that point. After the posslbU rentals from the proposed buildings have been arrived at, a long time loan or bonds are placed —I 1—r nsrxi XII Ly ( MuKiMnAV H «>»»<. -J LJ lt *5 **<?•■ St St C4s>lir,JJen>si WarsATeasa 33 «*»»••» 3*'Wills TJisaiJfl ss Ma.tr/oH' 3( lei*itisi "piiQ SI Silviif SfOomlt 22$' 39 3ttk +G^f(pirc£lUjM} 4» Ce-bU^isnsJC- _ V. ♦/ Prepend Clafktl 4/ . kuU] , 4* . iitimam , 4-f - Oiris , 4! . 4>4<>(Mii«^an«g| 4> , 41 JWEojl^Jfc " * on the property at a low role of In terest up to CO per cent or CO per cent of its reasonable market value, based on the rental values shown. Then 15 per cent or 10 per cent of Its value Is Issued In the nature of small denominations prefererd stock accord ing to the net rentals shown after pro viding for all fixed charges such as ground rent, taxes. Insurance, repairs and Interest on the loan or bond, drawing C per cent or 7 per esnt. . The trust company or a strong syndl. cate underwrites the balance of the cost of the lot or ground rent and the con templated Improvements and guaran tees all the fixed charges against the property. Including the Internet on the bonds, nnd also on the preferred stock, and takes all or an agreed part of common stock. The common stock does not draw any, dividend until a certain portion of the preferred stock has been retired at )10C. When all the preferred stock has been retired a sinking fund Is provided to retire the bonds; after the bonds are retired the common stockholders own tha property unin cumbered. This Is i the most modern and approved way of financing high- class central fire-proof Improvements. The owners of the properties I have under option have agreed to co-operate with me In every way poaalble, and tha majority of them are willing to take either bonds or preferred atock up to about 75 per cent of the option price of their property, and I have assurances from strong financial friends who are willing to help me promote the Intend ed Improvements. $11,000,000 In Atlanta Savings Bank Last Summer. Aa I expect to Issue small denomina tion bonds and preferred stock from 5100 up, bearing from G per cent to-7 per cent interest, I con easily demon strate that these securities, based on central real estate with the interest properly guaranteed, not only beats . saving banka 11-2 per cent to I per j cent In point of Interest, but that they are much safer Investments as first mortgages an than an ordinary prom issory note. And the small inveator I likes good Interest rates and good se curity as well as the larger ones do. Real estate oan not be removed and dishonesty can not affect It over night. ILL ora HUM Queer Freaks of Wind Are _ Shown in Incidents of the Nightl MR. MARBUR YIS NOT AFRAID TO FA CE A UDIENCE AT GRAND This Is the worst storm Atlanta haa JT* r isperlenced." said Police Captain onepard, of the morning watch, Satur- car moralng. after having driven prac. hcaliy over the whole of the city. * found houses unroofed and badly aemollshed, trees, fences and poles ,25'"’ and In many places the streets f? d , *!dewalka badly washed and blocked. The total damage will run ,* ay “P Into the thousands, but It Is bnpoMible at present to form any defl- "He eatlmata. In tha houses where the roofs were tom away or holes blown In J, * rooft, the water, of course, poured “own on the furnishings In great * ,f am * and did Incalculable damage.” k , Jennings states that no deaths cave been reported from this vicinity as ii,. r f' ult of storm. It Is reported .“l “he woman was slightly Injured IP th « home of Mrs. W. E. Chester, 400 T.pj'^-ave. The roof wa» blown off of this hou-e, P°kce report that the worst 'P' 1 ** w** done In the Immediate vl- inlty Of Prospect Place and Htghland- Fhere a number of houses were unroofed and otherwise damaged. following are the principal Items ih. ma *® reported bvAhe members of 5* rooming watch wflen they came off r duty Saturday morning: Two Churches Injured. Allen Temple, colored church, at Fra- !‘' f an d Clark-sts., hole blown thru the f-wnexer Baptist church, colored, at ,L 11 Qllmer-its., steeple twisted by Tornadoes may tear and rains may soak, but Weather Forecaster J. B. Marbury will carry out his part of the program In ’’The Deestrlck Skule" Sat urday night at the Grand. Be It known that Mr. Marbury will make his debut on the stage, and to those of his friends In the audience he desires to say that he had nothing to do with the tornado and rain of Friday night, and he asks that they will not charge him with It. In other words, If Mr. Marbury’* sct- Ing is all to the good, give him a good hand and don’t whisper to your neigh bor that he Is the man who caused your flower pots to be blown off the front porch Friday night. He declares he didn’t know there was that much com- t pressed air bottled up In the clouds. "I knew there woe some little hot air around these parts,” he says, "but I knew nothing of this other kind." Mr. Marbury will be one of the tail- timber rube committeemen wbo will In spect "The Deestrlck Skule’’ at the Grand Saturday night. With him on the committee. will be Joe J. Hobby, Eb T. Williams, B. W. Bradford and Joe Auerbach. In addition to the comedy itself, there will be a half dosen specialties. of a vaudeville nature, which promise to be a show In themselves. The advance sale of tickets Indicates that there will be a crowd present to witness what will probably be one of the best amateur performances ever put on In Atlanta. Medical and Dental Students Hear Addresses at the Grand. LOCKED IN DRIFTING CAB, MR. AND MRS.SCOTT DESERTED BY STORM-SCARED CABBY of 82 West Catn-st. was undermined and collapsed. The rear ot a three- •tory house rested on the wall and was badly damaged, being left swinging In the air. A stable also fell with the wall and tvaa demolished. There was but one hors* In the stable and lt escaped unhurt. The bam In the rear bf the home of Mre. J. M. Carter, 285 East Fa!r-st„ wo* blown down. Lightning also struck the front door of the house and tore It away. At the home of Estes Grady, 279 East Falr-st., lightning tore away a great section of the roof, causing It to fall down Into a bedroom occupied by two women. Neither of them was hurt, altho they hod a narrow escape. Lightning struck nnd demolished a chimney at the home of James A. Ma- glll, 281 East Falr-at. A portion of the roof was also blown away. At the home of M. J. Sommerfleid, 394 Central-ave., the chimney and part of the roof was blown away. Mr*. Som merfleid nnd her aunt were alone In the house at the time. Mr. Sommerfleid be ing abeent on a business trip. The roof was tom off of the home of A. V. Woods at 395 Central-ave. The house was badly damaged. The house at 400 Central-ave., occu pied by Mrs. W. E. Chester, Is also minus Us roof. A handsome piano was Ind and left suspended In the air.trained and ether damage done. It Is . - .. . - . . , here (hat a young woman, residing In the house. Is reported to have been slightly hurt. '>nc-haSf of the building occupied by , Acme Mattress Company at JacK- *n and Irwln-sta.. blowu down. The factory is a one-story frame structure. All of the mg signooams bdoui inm m m». A twenty-foot stone wall in the rear old show grounds at Jackson and Old etuis. Wheat-sta., wer# blown down, several of which completely blocked Irwln-st. Freaks of Storm. There is a stable In the rear of a va cant house at Boulevard and Irwln-st.. the roof of which wa* picked up by the wind, carried acrose a vacant lot and aet down In the adjoining yard. At Central-ave. and Allce-st. the pavement was washed from around a manhole and It was left In a dangerous condition, At Central and Woodward-ave*. great section of the sidewalk w washed away. A considerable portion of th* tide- walk In Decatur-st.. between' Fort and Hllllard-sts., was also washed away. At the home of Police Sergeant La mar Poole, 114 Irwln-st., a hole was tom In the root aa a result of which the hall wae flooded. All of the chimneys of the borne of Councilman B. Lee Smith, of 171 Hlgh- land-ave., were knqcked off by the storm, and neighboring homes suffered the same misfortune. On Johnson-ave- near the comer of Howell, the chimneys of several homes were knocked off and the roofs broken In. A Brazilian lance-head-, viper, the moat deadly of all known reptiles, and the only one ever brought to this coun try, has for aevarsl days been kept In the Bronx zoological iwrk. New York, for a remarkable operation which will give to science a serum, practically ex tinct, of great efficacy In the treatment All of the big signboards about the of insanity and mental and nervous dls- Thu graduating exercise* of th* At lanta Collega of Physicians and Sur geons and th* Southern Dental College were held In the Grand opera house Friday evening at 2:20 o’clock. Judge Howard Y r an Epps presided and pre sented the diplomas to thirty-three graduating physicians and flfty-flve graduating dentists.. The annual address was delivered by Dr. Len G. Broughton, paetor of the Baptist Tabamacle, who took aa hla subject 'Th* Therapeutic Value of Mental Impression.” Dr. Broughton's address was full of wholesome advice to the young graduates and he urged them above all things to be dispensers of optimism and good cheer. In an appropriate address Hon. W. P. HU! delivered certificates of pro ficiency lo the following young physi cians: Dr. G. L. Bush. Dr. T. C. Hodge, Dr. J. U Cheshire. Dr. H. F. Shield* and Dr. N. J. Newman. Mrs. Annie McGuire, the only woman graduate In dentlatry. was presented with a bou quet of beautiful flowers by her class mates, Hon. J. Carroll Payna making the presentation. Dr. W. S. Elkin, dean of the medical department, and Dr. 8. W. Foster, dean of the dental department, made Inter esting reports. The reports showed 224 students In the medical department, 180 In the dental department and 121 In th* pharmaceutical department, making a total of 625 student*. The graduating exercises were attended by a large number of friends arid patron* of the college. Of all the varied experiences of At lantans who were caugnt In the storm of Friday night, probably non* had an experience more exciting and at the same time more amusing than did Mr. and Mrs. IV. L. Scott, of 681 Hlghland- ave., not to mention the cabman who aided the fury of the storm and the cab horse' that added to the amuse ment. Mr. end Mrs. Scott attended the vaudeville performance at the Or- phaum. Upon leaving, they caught a cab for their home on Hlghland-ave. The rain waa falling In torrents nnd beating upon the can, when suddenly the advance guard of the approaching tornado swapt down. The cab had Just reached Irwln-st. The arc and Incandescent lights went darkness. The cabman, trembling, but trying to assume all the courage his terror-stricken soul would permit, drove ahead. He kept driving on. He drove back to Houston and along Boulevard. He hit the city from all four sides. In short, he waa completely lost. Finally, th* cabman let out one scream, “Lawd! Look what's coming!” Quick a* a flash, he Jumped from tha cab and disappeared In the darkness Mr. and Mr*. Scott tried every way they knew how to open the cab door, but all In vain. An umbrella was pressed Into service and broken In twain In the effort. And the cab rocked and rolled on. Finally, they managed to get out and find shelter In a near by home. As they passed Into the door the horse, without a driver, was playing football In the EASIER EGG HUNT out If they were candle*. All wa* j storm with the cab without a cabman. DOG AFLOAT ON BOARD WAS LEFT ALONE IN STORM Postponed on Account of Storm Which Soaked , Piedmont Park. The Georgian gives all sides but the de-cide—you must do that—just a plain newspaper. ... Frightened by the fierceness of the storm and fearing they might be blown away, the members of a negro family living In a basement at 112 College-st., shortly after midnight began screaming hysterically, the cries of distress being so loud as to disturb the Inmates of the Grady Hospital, a short distance away. Thinking that some one was being murdered or that a general light was In progress, official* at the hospital tel ephoned th* police station. Call Offi cers Galtaher and Anderson hurried to th* scene, but when they arrived found the place flooded and deserted of all of It* occupants except one. This aole oc cupant waa a little pet dog, which had been caught by the tnruahlng waters and waa unable to escape. The dog had sought refuge on an Ironing board and was drifting about on the water, apparently perfectly contented. Owing to the depth of the water, the two drenched officer* were unable to rescue the dog and It waa compelled to remain adrift until th* waters receded. The negroes had sought shelter In nearby house. JUDGE RUSSELL TO SPEAK AT MIDWAY Judge R. B. Russell, of the state court of appeals, has gone to Dorchester, Ga., where on Tuesday he will deliver an address during the exercises commem orating an anniversary of the founding of old Midway church at that place in 1754. While at Midway Judge Russell will be the guest of friend*. He will re turn to Atlanta about May J. Mark Twain In his lifetime has earn ed *700,000. The Tartar lady usee a slice of onion to perfume herself. American automobiles sold In 1907 brought 5105.000,000. The Easter egg hunt will be held next Saturday afternoon at 5 o’clock. Because of the atorm of Friday ntzht. the htiet was called off Miturdey of this week. It wts decided by the park antberltle* to hold the hunt next Saturday afternoon at lledmont park at 8 o'clock. All the original plane for th* hunt will be carried out next Saturday, and the aeae committee* will act then that wer* sp- polnted to set tbit Saturday. ARMORY PROGRAM NOW COMPLETED The program of the corner stone laying at the new nudltorium-armorv on May 6 has been completed by the committee which met In the offices of the American National Bank Friday afternoon. The committee la com posed of Mayor Joyner, General Clif ford Anderaon, John E. Murphy, R. S. Weasels and W. L. Lee. Th* program la ai- follows: • Military parade, start 10:80 a. m.. proceed to auditorium-armory by 11 a. m. Music. Exercises at building, J. R. Gray, master of ceremoriles. Invocation. Music. Address by J. R. Gray, president of the Auditorium-Armory Co. Address by W. R. Joyner, mayor of the city. Address by Clifford L. Anderaon. general commander First brigade. Na tional Guard. ' , Music. Masonic exercises Laying corner stone. The Georgian gives all sides but the de-cide—you must do that—just a plain newspaper.