Atlanta Georgian. (Atlanta, Ga.) 1912-1939, May 08, 1912, HOME, Image 18

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Terminals for Greater Atlanta The cut below shows that for the convenience of the traveling public and the de velopment of Greater Atlanta, the new State’s Terminals should be located immedi ately west of the Forsyth street viaduct and connected with the present Terminal Station. By the cooperation of the State, the City, the Railroads and the Property Owners, this can be accomplished. Forsyth street is the direct North and South street of Atlanta, passing through its geographical center. The present Terminal Station was built to accommodate the traveling public for a number of years to come, but it is already congested and steps should be taken now to relieve this congestion by connecting the Terminals as above indicated and extending Spring street. South to the Present Terminal Plaza and Extending Alabama Street Over the New Terminals to West Atlanta AT AUCTION On Thursday, May 9, at noon, will sell at auction two high-class business lots on West Hunter street, between Forsyth St. and Madison Ave. These lots are located in the very center of the freight and passen ger terminal district of city, being only a short half block from the Central freight terminal, one block from the new million ddllar Southern freight terminals and only three or four blocks from the L. & N. and "W. & A. and A., B. & A. terminals, and a short block of the passenger station of the Southern, Central and Atlanta and West Point railroads. This property is also In one and a half blocks of Whitehall street. Edwin P. Ansley STEVE R. JOHNSTON AUCTIONEER i ■ ■■IUUJULj Realty Reminiscenses Mrs Kellie Peters Black has written an article for The Journal which she calls "The Fairy Story of Atlanta Real Estate," in which she quotes from Rich ard Feters’ memoirs. Her article fol lows: The recent sale of the two buildings erected at the corner of Peachtree and Forth avenue for SIOO,OOO has been ac cepted quite as a matter of fact in ac cord with the present values of property on the north side. When we consider that this eame land was bought in 1856 by Mr. Richard Peters for $1 35 er at the rate of $5 an acre for .he eake of the firewood he could make oif the trees , that grew upon it. doesn't it. seem as if the dollars grew on Jack the Giant's 1 beanstalks? ! And now a small lot. where the Fres -1 byterian church stands on Marietta - street, is to be sold for SIBO,OOO. Os this section Mr. Peters tells us in his recol lections of early Atlanta: • "Colonel tong was offered a half-lnter -1 est in a 200-acre tract on Marietta street. . adjoining' the Mitchell tract, for $300." Ard again Mr Peters said: "J. Edgar r Thompson, afterwards president of the great Pennsylvania railroad system, could see no speculation in town lots in ’ Atlanta, when Mr. Ml*chel! offered four : acre blocks on Whitehall and Alabama I . streets for ?I,COO an acre Mr Thompson | --»X 1 I 1 A I Tn\ // ] \ I . / 7 [ SOUTH STTP/TT: 7 /// j — y M / / / -J ~~ / / SOUTH / I l\\\\ \ <> / /> fMI TlVv\ \ \ 5 > , ' II Il\v\ \ V 'i / z //fU ' l\\v\ \ ' J h ' $ / / l\W \ !} $ H £ / //l I ®\\ I " FOR SALE A| * s / s/ ///// lvw<A\ x * / / / I I m —— _J / / / 111 i hu 11 I II Illi |ls _ o> ' I / I m't[ ) v, \ . "DaV A / // I //I IV W\ r-i j-i T“Sg 7/» / /': ; 7vT7 Mil I declined because ho said: Atlanta will ; be a good loaction for one tavern, a j blacksmith shop, a grocery store and ; ■ nothing else.' ’’ This was in 1844. What a contrast 68 years have made in the town bearing the name given it by Mr. Thompson? In 1847, | ■ Mr. Peters mentions that he purchased from Samuel J. Jones his house and two acres of land at the corner of Mitch ell and Forsyth streets for the sum of $1,400. There he resided until 1881, when he sold the property to Mr. Samuel Inman for SIB,OOO. We would find It a difficult matter to put a price upon the block of stores which cover this ground today. The "Arabian Hights'" tales hardly surpass tn their wonderful imagination I this true hlstorj of Atlanta's growth. ! ATLANTA SLATED FOR $2,000,000 POSTOFFICE New Building Will Be Erected Near Terminal Station, Says Report BY RALPH SMITH. ' WASHINGTON, May 7. —Atlanta is marked for a new post office. building If the estimate of the postofficie department and ! Supervising Architect Taylor of the treasury department are re garded by congress. $2,000,000 will be provided for the new ' structure, and it will be erected on a site in the vicinity of the ! Terminal station. - ■ | is. i-'rap t >■ t y j It will take the co-op eration of all the public spirited citizens of Atlan ta to accomplish the above results. Please attend this sale,