Atlanta Georgian. (Atlanta, Ga.) 1912-1939, August 03, 1913, Image 170

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6 D TTU A TINT’S SUNDAY AMERICAN. r-'f-- v -f* PROF'T- ^MERUCAN WANT ADS-USE FOR RESULTS ATLANTA, GA., SUNDAY, AUGUST 3. 1013. REAL ESTATE FOR SALE. REAL ESTATE FOR SALE REAL ESTATE FOR SALE. CHOICE HOMES NORTH MORELAND AVENUE BUNGALOW—$5,000. IN THE DRUID HILLS SECTION on North Moreland avenue, which is being paved now, wo have a bun galow of six large rooms, mtvi&i i front; i<-t 50 b> over 200 feel Other homos of aotno size and right at this on* ate brisglnf | ■ i up For a short i ni' si this for $0,000 on terms that will suit the home buyer. See us about this now, as \>ur time is limited at this figure. DRUID HILLS HOME—RIGHT OFF PONCE DK LEON AVENUE. THIS TEN-ROOM HOME Is In Druid Hills and on a beautiful east front lot 100 by 400 feet. Ideal In every way; five large rooms downstairs, five upstairs. Lath up and downstairs Servants' house with hath. Every modem convenience, hardwood flora, heating plant in fact, a real home in every way. Price, $18,500. - ANvSLEY PARK EIGHT-ROOM HOME—LARGE ELEVATED LOT. NEAR PEACHTREE CIRCLE and Fifteenth street and situated on an elevated lot of 93 feet frontage and running hack over 200 feet, with garage and servants’ house on the rear. This is an ideal home and in the best locality in Atlanta. $13,250 on terms. EAST LAKE DRIVE BUNGALOW WITHIN TWO BLOCKS of the North Decatur car line; six largo rooms east front lot, school house around corner, tile walk and charted street will buy this. NEAR GAR LINE. hallway, bath, water, electricity, $3,500 on terms chicken house. GRANT PARK SECTION—FIVE AND SIX ROOMS—$3,650 AND $3,500. WE HAVE right near Grant Park, on East Georgia avenue, two delightful cottages of five and six rooms; well built and well arranged, with all modern conveniences; good elevated lots. Can make you easy terms. CONFEDERATE AVENUE (ORMEWOOD) BUNGALOW. $250 CASH and balance monthly will buy a brand-new six-room bungalow with city water and wired for electricity. This is a splendid home section. Confederate and Moreland avenues have, been cherted. THE MOST FOR YOUR MONEY IN ORMEWOOD. THOMSON & LYNES 18 and 20 Walton Street. Phone Ivy 718. What Uncle Sam Is Doing to Fight Boll Weevil in Georgia Corn Clubs, Girls’ Clubs, Farm Demonstrating Agents and Other Educative Agencies, Operating Through Agricultural College, Are Used—Will Take Agents to Boll Weevil Territory to Study Insects. CHARLES A. WHITTLE. Uncle Sam is preparing to meet the approach of the boll weevil in Georgia with all the force and wisdom at his command. The funds which have been allotted to Georgia for this pur pose are to be supplemented thin year by an addition of about $15,000. bring ing the allowance up to $50,000, this increase being contingent upon proper co-operation of State authorities. This means (1) more money for boys’ corn Clubs and girls’ canning club*; (2) more money for farm dem onstration agents’ wbrk; (3) more dissemination of information among the farmers concerning what to do when the weevil arrives. The big sum of money which Is an nually spent in corn clubs, farm dem onstration work, etc., in the South by the Bureau of Agriculture was voted b^ Congress to meet boll weevil con ditions. The Best Safeguard. The biggest thing to do in meeting the boll weevil is to diversify crops. Of course, it is not necessary to await the coming of the. weevil before teach ing farmers how to grow other crops than cotton. So Federal authorities co-operating with State authorities have been quite busy and quite suc cessful in the State of Georgia during tht past few years teaching Georgians how to grow crops that the boll weevil , can not live upon and how to grow them successfully The corn clubs, the girls' clubs, the co-operative dem onstration work with farmers, under REAL ESTATE FOR SALE. LANDS FOR SALE BY TIIOS. AY. JACKSON, 4TH NAT. BANK BLDG. BELL PHONE MAIN 5214. 392 ACRES. MODERN dairy and stork farm. 85 acres of rirh, level, bottom land in cultivation, on Government pike road, 18 miles from a rlty of 50,000 Inhab itants, Ntre residence, in beautiful grove; large barn, cost $1,500 to build. Owner a non-resident, and of fers this place for a few days at a very low price, on easy terms. The right party can make a fortune on this place. 450 ACRES. LEVEL LAND, cn two public roads; nice residence, several tenant houses, barns and other outbuildings I can offer this place for $4,750 cash, If sold within the next 30 days. Soon double your money on this. 60 ACRES. ON CHERT ROAD, 8 1-2 miles from Atlanta; fine for dairy, truck or poultry farm; 6-room house in nice oak grove; creek running through the place, with some bottom land. Can sell for $3,500, half cash. Georgia State College of Agriculture. the direction of farm demonstration agents, has Deen the work of one hand of the Bureau of Agriculture, while the other has been engaged In study ing the weevil, combatting It and in every way trying to check it on the ground which the weevil has claimed. The Southern States have attempt ed very little on their own initiative, electing rather to co-operate with the Government forces that had been in the fight from the beginning of tiie Invasion of the enemy, depending rather upon the accumulated results of the Government rather than to initiate separately a new campaign and perhaps undertake work which one force could do better than two operating to pome extent in conflict. Corn Clubs Arc Anti-Weevil Clubs. The boll weevil can find no food in a corn field. If it can get no cotton it dies. The Federal authorities rightly considered that the South could best be Induced to grow corn than any other anti-weevil crop. How to en courage the growing of corn and how to grow it in a way that would en courage its widest and quickest use. was a problem which the Government faced and solved In the very best way that anybody could have conceived. The solution is the corn club. Get the boys to raising corn, vielng with each other; lead them to adopt modern scientific methods of soil preparation, seed selection and plant cultivation. Reach the boys through the schools. It was a great constructive genius who brought the boys' corn club into realization—the Hon. Seaman Knapp. It is his son, the Hon. Bradford Knapp, that the South knows as its inspiring leader in corn clubs and co operative farm demonstration work. In corn clubs Georgia has a “big stick” for meeting the weevil. No State in the South has had better suc cess in organizing corn clubs. No where has there been greater progress in corn raising, especially in getting a grp&ti r a mount of corii from the acre The organizing and operation of the corn clubs and the girls’ clubs has been conducted in co-operation with the Georgia State College of Agri culture at Athens. The college is headquarters and directing center so far as Georgia work is concerned, while, of course, the general head quarters of all the corn club work which the Government is doing in the South is at Washington. Co-operative Work With Farmers. Nothing has accomplished more for preparing the farmers of Georgia for boll weevil conditions, and, for that matter, for more successful farming, than that which Uncle Sam is doing in close co-operation with the farm ers themselves through farm demonstration agents. Briefly de scribed, the farm demonstration agent is a disciple of modern farming vsith information to carry' to the far mer about how he can diversify his crops and what he must do to get the best results. More than 60 counties in Georgia have obtained farm demonstration agents and many others are asking OX YG E X-A C ETY LEN E WELDING. 78 ACRES. 6 1-2 MILES from Atlanta, 824 feet railroad frontage, 20 acres in bot tom, two small houses Take this for $5,000 cash. If you don’t double your money in a short time it will be your fault. 28 1-2 ACRES. DOUBLE chert road front, 6 miles out: fine for poultry or dairy farm Special price if sold at once. 185 ACRES.. FRONTING chert road north of At lanta. This is one of the best buys in the way of acreage in Fulton Coun ty, and if you are looking for some thing good, better investigate this at once thing made of “It STICKS like a bull pup.” But this process doesn't sim ply stick things to gether. It MELTS the metal at the crack or break and runs it together again. We weld anv- any kind of metal. Nothing too small or too large. ATLANTA WELDING COMPANY. BELL PHONE IVY 5367. 74 IVY STREET. I CAN PLACE you in most any coun ty in the State any size tract. For ty-two agents on the lookout for bar gains. Let me know what you want Ilearst’s Sunday American Published Weakly BY THE GEORGIAN COMPANY jflOS. W. JACKSON, llxNxYI. BANK BLDG, j At *> F.a*t Alabama Street. Atlanta. C,a. Enter it, a* to all matter the Mcond-elaaa at the (MxUufn.e at Atlanta. Ga , under act of March 3. 187i r year, payable for them and planning to have them. Remarkable results have been ob tained from some of the counties where the farm demonstration agents have been at work longest. Counties that formerly bought from the West much of what they fed to themselves and their cattle have now' diverted tlie outgo to an inside circulation. Dealers in food-stuffs have made statements in some of these counties that they have ceased buying in the West and the only feed-stuffs which they are now handling at all are bought from home-growers. No won der the farm demonstration work has taken such strong hold of Georgia farmers! Work Center* in College. The farm demonstration work also centers at the State College, of Ag riculture, where the State agent is in c harge, and to which place the agents go at stated intervals during the year to study conditions and out line plans of campaign for the bet terment of the farmer. All agents are required to take the agricultural short course and also to specialize in given lines in which their respec tive counties are most interested. Once the purpose of the farm dem onstration agent is clearly under stood there is no difficulty met in finding all the farmers they can take care of, to carry on demonstration work. In agreeing to carry on co operative demonstration work the farmer accepts the terms of the demonstration ugent, prepares his seed bed according to instructions, fertilizes according to formulas rec ommended. cultivates according to well established modern methods. Not only does the demonstration agent teach how to diversify crops, but urges modern machinery, cattle raising, silo erection and all econom ical and successful farm means and methods. Bear in mind that this is all being done with boll weevil money. No one w r ould say it is not well spent and spent In a way calculated to help the farmer to meet boll weevil condi tions most successfully. The Educative Side Popular. All the work which has been men tioned is supplemented with addi tional educative methods, such as is afforded through the medium of farm ers’ institutes. In those sections of the *State where the boll weevil will appear first, of course, the greatest Interest is being manifested by farm ers in learning what things they must do to combat the weevil. Hence it has been the policy of those direct ing the co-operative Federal and State fight against the weevil to carry information through the me dium of the farmers’ institutes to these farmers. More of this will, of course, be done as the immediate ne cessity requires. It is the policy of the Bureau of Agriculture at Washington to -co-op erate with the educative branches of the various States to reach the farm er with boll weevil information, espe cially with information as to what the farmer must do. The research work is carried on by the bureau on its own account and not in co-opera tion with educational institutions. Hence the entire educative work that has been done and is planned for, has been organized into and in co-operation with the State colleges of agriculture in the respective States. Some Educative Work. In Georgia some educative work has been done by the State Entomologist Mr. Worsham, who has conducted some institutes in southwestern Geor gia. His particular work has been studying blackroot or wilt, but in working on that line he found what he claims Is a variety that resists blackroot and wilt, and being an early maturing variety is therefore weU adapted to boll weevil conditions. Hence the State Entomologist has entered to some extent into the boll weevil problem in Georgia. The Director of the Georgia Ex periment Station, Prof. R. J. H. De- Loach, while developing a strain of cotton that is resistant to athrae- nose. another disastrous disease of cotton, not only developed a variety that is highly resistant to the dis ease. but by reason of its early ma turing and physical characteristics is rec ommended by him as suitable to boll weevil conditions. This work Professor DeLoach did through sev eral years of experiments at the State College of Agriculture. These contributions of vnri M s re puted to be well adapted lo boll GEORGIA ESTATES GOTO DEVELOPERS Colonial Tracts in South Georgia and Alabama Being Cut Up. Increased Population Seen. Land developers are gradually forcing their way into the South and following the rising tide of immigra tion in that section. Trainloads of the better class of immigrants and native Americans looking for better agrarian oportunities are frequently passing through Atlanta, settling on farms, and subdivisionists who have located thousands of these people elsewhere are preparing piaces for them in the South. The movement is marked in such States as Georgia and Alabama. In Georgia some of the thousand-acre plantations that have remained intact sinc e the War are being broken up and sold off in 10 to 50 acre tracts. This is particularly true of South Georgia, where the land is exceed ingly fertile. Atlanta is the center of most of these transactions. In Alabama the movement is also active. A movement is now on foot which is expected to result in the cutting up into small farms or building plots many of the large estates in the black belt section of Alabama. All this country is held in large tracts as in ante-bellum days and very often by the families who had owned the land since Colonial days. Old Spirit Passing. The customs of the South prevent ed the development of the suburbs of its leading cities into small residen tial colonies. The proud spirit of the Southern families stood in the path of the land developer. To ask a fam ily to sell their land would be equal to Insult in many cases. The South has lived on since the Civil War in every way to preserve and resurrect time-honored customs. Big estates near Birmingharri may he taken as sites for country homes for shopkeepers, merchants and oth er city workers. Several of the most influential men in Alabama are be hind the movement, so it is claimed. Joseph C. Thompson, one of the lar gest landowners in Alabama and one of the State’s most successful farm ers, is one of the men who advocate the division of the black belt, one of the most fertile stretches in the world. Developers Are Coming. What small farm^ th^re are in Alabama are now being operated by negroes. Whites would be preferred. Many white farmers from the North and Northwest, having heard the change that has come in the attitude of the Southerners to Northern farm ers. have settled in the black belt. The next step will be the invasion of the professional land developers. New York has received much of their attention in the last ten years and many have continued in these parts because it was the most fertile field for the back to the country movement. Now that the South is taking down the barriers many developers will he found in the South in the next few years. Atlanta Rivals Big Cities in Apartment Houses +•* *•* '!* • *!* Shelverton Nearly Finished at Cost of $67,000 Characteristic of the Shelverton apartments is the great frontage, 192 feet, which probably establishes a local record. Miss Henrietta C. Dozier is the architect who drew the plans for the structure. The Shelverton is located on East Eleventh street, overlooking Piedmont Park. Money Transactions Steadily Gaining; Swaps Growing Few Real estate trades in which money figures as the main consideration are gradually picking up, lendirfg strength to the general belief that there is more money and that the realty business will soon be as active as it was a few weeks hack. One thing that gives encouragement to dealers is the declining number of transactions in the nature of swaps. Three weeks ago hardly a trade was made that something wasn't thrown in as part payment, and comparatively lit tle cash figured. For the past fortnight, however, there have been numerous straightout. bona- fide sales, and particularly has this been true of residence property and vacant lots. Central and semi-central activity always depends on the condition of the money market, and some interesting an nouncements are expected as soon as the crop funds begin to circulate. There is a good deal of cash in deals that look like opportunities for invest ors. This has been in evidence not only in residence buys, but in semi-cen tral property. Last week a West Peach tree resident refused 840,000 cash for a corner, preferring $50,000 on time. TO BUILD $60 000 FLAT. NEW YORK, Aug 2. A six-story tenement to cost $60,000 is soon to he built by the Blom Realty Corporation on a plot 50x95, on the east side of Bathgate avenue, 150 feet soujh of One Hundred and Seventy-fourt street, from plans by Goldner & Goldberg. TO ERECT $30,000 TENEMENT. NEW YORK, Aug. 2.—On the west side of Pearl street, 17.9 feet north of Williams street, is to be built a six- story tenement with store for Michael r ’acci. U will be 37.11x74.3 feet. Horen- bergor & Bard68 architects, have esti mated the cost at $30,000. weevil conditions is Georgia’s contri bution to the sum of knowledge con cerning the weevil. As has been stated, most of the research w’ork which has been done respecting the weevil and the cotton varieties adapted to it has been done by the Federal experts Will Study Weevil at Home In order that the farm demonstra tion agents may become familiar with the weevil, its habits and the best methods of combating it, the De partment of Agriculture has planned to take a number of the agents from that section of the State first to be invaded on a trip through Alabama, Mississippi and Louisiana, where the weevil is at work and to those points where the fight h^s been waged most successfully through proper co-op eration of agents and farmers At the head of this party will be Hon. Bradford Knapp, Phil Campbell, State agent of Georgia, will, of course, be in direct charge of the Georgia agents, while others will ac company the weevil "scouting party” Among these will be the State Agri cultural Commissioner, Mr Price, and his assistant, Mr. Hughes, the State entomologist. Mr. Worsham. If the boll weevil does not meet a stubborn resistance when he flings his line of battle across the Georgia border, it will be no fault of Geor gia's. Georgia has responded to the call to corn clubs, to girls’ clubs, to co-operative farm demonstration work, to every appeal which has seemed material to the defense of the cotton farms. Of course the ignorant tenant who never knows is going to be the covert of the weevil, but enough of the in telligent farmers' have been aroused in every county of the State, who, if they will preach the gospel They have been taught, can ^uike formidable defense against tlSweeviL V ; m * /U> ;.V: iJ - A - Vi - *; - ■ ' p . P : r ' P'iPirl* > ■ • '' - * % * , , iiyf\ - -- m m Wt ' ' > t'V * !-•>■> ■ - »Jd§ -* •" :--v; . - AW iteA ‘ ■ p. Campaign of Allied Real Estate Interests To Be Carried on Until Final Passage. Chamber of Commerce Figures Show Structures, Large and Small—Average Approximately Twelve a Year. 133 The cafnpaign of the Allied Real Estate Interests throughout the coun try against certain provisions in the income tax bill before Congress has borne fruit, and will be continued with a view of making sure that the bill as finally passed does not weigh heavily upon owners of real estate. Following an expression of protest from members of the Atlanta Real Estate Board, Senator Hoke Smith took up the fight in Washington and assured the local board that some of the alleged wrongs in the bill would be righted. Edward F. Clark, former president of the Guardian Trust Company and a member of the law committee of the Allied Real Estate Interests, was delegated by the association to lay before the various committees of the Senate and the House of Representa tives the serious effect that such pro visions would have upon real estate owners and asking that real estate in terests be placed on a par with other property owners in the operation of the law. Campaign Well Organized. At the same time the Allied Real Estate Interests started its campaign in every State of the Union and got in touch with all the prominent real estate owners, brokers and real estate organizations, requesting them to lay the matter before their respective Representatives in Congress. The reports that have been received show that this has been done and that there are few Senators and Rep resentatives who have not had laid before them the injustice whi~h was aimed at real estate owners in the way the bill was originally drawn. Chang© Tax Status. The provision for deducting taxes at the source has been materially changed. As It now stands, the only provision for deducting at the source income taxes on rents relates to rents payable to non-corporate owners by tenants holding what is known as a "net lease”—that is, a tenant paying in addition to rent the taxes and assessments, making repairs, etc. No tax is to be deducted and paid at the source upon rents payable to a corporation, the corporation being required to report and pay taxes di rect. The second ground of criticism re lated to deductions from gross in come allowed in arriving at net In come. Real estate owners objected to the provision permitting a cor poration to deduct from its gross in come only a part of tne interest actu ally paid out by them during the year on their mortgages. The justice of this criticism has been recognized by the Senate Finance Committee. The completion of such apartments as the Ponce DeLeon, the Shelverton, the Maryland, the Lawrence, the L’Engle, the Connerat, the WeTner, the Euclid, the Wright, the Selig, and half a dozen others gives Atlanta a total of 142 apartments of all kinds, and a total of ’93 of the larger and more Important kind. A canvass by the managers of the city directory showed that there -were 84 apartments of the larger type, and an estimate of the Chamber of Com merce places the number of apart ments, small and large, at 133. Shelverton Nearly Complete. Foremost among the new apart ments is of course the Ponce DeLeon, and then comes the Shelverton at 126- 138 East Eleventh street, overlooking Piedmont Park, with some unique fea tures. Characteristic of the apartment which C. Shelverton, the owner, is building gnd has nearly completed is the great frontage which it occupies. The building is 192 feet by 65 1-2 feet, covering probably as much ground space as any similar struc ture in the city—12,676 square feet. There are three stories and the build ing Is of brick. Day work is being used and the cost is to be $67,000. Another Interesting Feature. There is another interesting feature about the Shelverton. It lies in the fact that its architect is a woman— none other than Miss Henrietta O. Dozier, who draws clever sketches for dwellings and other structures in her quarters in the Peters Building. Miss Dozier has shown in this piece of work that even in busy Atlanta, w'here men are trampling each other down in the struggle for commercial supremacy, there is still room for a woman who has ideas and can put them on paper. The habit of building apartment houses in Atlanta is a comparatively new one. Practically all the apart ments have gone up since 1900. In fact, it may be said that the past decade has seen practically all of them erected. Now Atlanta builds a dozen good ones a year and the de mand for them, both for the individ ual apartments and as speculative ventures, continues unusually steady. Architects Very Busy. Other apartments are keeping the Shelverton Company in the race for early completion. The fall is "mov ing time” as well as th.- season for people to return home from vacations, and the apartment houses will con tinue to do a good business. Atlanta architects usually welcome an opportunity to draw plans for an apartment house on account of the original Ideas that may be brought into play. For instance, disappearing wall beds. They have become popu lar in the small apartments because they save a good deal of space. Then there are open court effects at front and back, and arrangements making each room outside, with plenty of light and air. The latter feature finds much favor with apartment house dwellers. ANDREWS' COUNTRY PLACE FOR GOVERNOR’S MANSION Part of the country estate of Colonel Walter P. Andrews, midway between Buekhead and Peachtree creek on Peachtree road, has been suggested as a suitable site for the new Governor’s mansion, provided the State Legislature decides to sell or otherwise dispose of the pres ent site at the southwest corner of Peachtree and Cain streets. Colonel Andrews has about fifteen acres and 1.500 feet of frontage on Peachtree road and Andrews avenue, and the proposition is to set off the elevated point of his lot, with some 300 feet frontage, for the mansion, and reserve the balance for the use of Colonel Andrews. “It is true that I have been approached by a leading real estate agency on this matter," declared Colonel Andrew's. “I told them that ordinarily my land was not for sale, but that if the legislators wanted part of it for the mansion, I would place it at their disposal. I think this location would make a nice home for the Governor, and the Capitol could be his office." If the Andrew's lot should meet with favor, future Governors would have for neighbors such well known people as Governor John M. Slaton, James R. Gray, Clifford L. An derson, Morris Brandon, Clark Howell. James L. Dickey, W. H. Kiser, Robert P. Maddox. J. N. Goddard, Clark McMichael and Mrs. Carries. L’Engle, who have already built nearby, and John W. Grant, John D. Lit tle, David Woodward, E. Lee Worsham, and others w ho will build later. SEEK CHURCH LOT US VIADUCT OUSE Citizen Offers New Suggestions in Spring Street Bridge Project. Feasibility Shown. A live suggestion for anoth railroad viaduct has come from a pi vate source. It Is that the city a quire all or part of the First Pre byterian Church property on Marie ta street, together with needed a joining parcels, and build a viadu connecting Spring street with Mac son avenue and the Terminal Static Then proceed with the erection of new Union Depot west of and fron ing on Forsyth street and the n< bridge, keeping the present Unf Station for a public market. Part of Plaza Plan. The beauty in this scheme lies the fact that part of the Plaza pi; for bridging the W. and A. proper would be realized; the State, woe get a handsome new depot, wi frontage on both Forsyth and Sprii streets, and the Terminal district a; the great West Side would he broug much closer to the center of the cil Furthermore, there would be accor modation for double car tracks and further relief of Peachtree conge | tion. Sooner or later, think local devt opers, an improvement like this w pass from the “dream stage” into t realm of reality. Railroads have ma moves on the West Side that portei an astonishing amount of substanti development. The w'hole tenden seems to be to get aw'ay from t Union Station and to spread out ov the vast area to the w'est that h gone so long undeveloped. No Danger in Supports. The depot spoken of above won rest on concrete pillars and ste spans, and would not "topple ovei as a real estate man suggested t , other day. It would rest on sol | foundations just like dozens of stru | tures that have been erected uud | similar conditions. Trains going to Augusta would I routed either under the public mark or on one side, and tracks could covered with a viaduct, buyers produce using elevators or a gradu incline down, the concourse to be sir ilar to that in the Hudson Term.,. In New York. DUTCHESS COUNTY FARM SOLD. NEW YORK, Aug. 2—The F. R. Wood. W. H. D’olson Company has sold for Henry A. Marx a 300 acre farm near Red Hook. Dutchess County. New York, to Arabella Wyant, of Dutchess Coun ty, New York This property was given in exchange for the dwelling at 141 West Eighty-fifth street, Manhattan, the sale of which was reported recently. RARE CLUB TREASURES SOLD. NE WYORK, Aug. 2.—The luxuri ous furnishings of the Hyperion Club, consisting of oil paintings, marble and bronze statuary, Oriental rugs and English hardwood furniture, wit, sold at auction Wednesday and Thursday. DIME SAVINGS BUILDING IS SOLD FOR $500,0( NEW YORK, Aug. 2.—The Dime Sa ings Bank of Brooklyn has sold building at Court and Remsen stree Brooklyn, to the Court & Kepis Company for $500,000. This proper has been on the hands of the bank 1 more than four years, an extension h yond the regular three-year limit wit in which a savings bank may own r, estate having been granted bv the Sta Banking Department. The new owning company was recer ly formed, with Goldwln Starrett president, and Russell Tracv Walk, vice president. Both are members of t firm of starrett & Van Vleck. architec It is proposed to erect a modern off] building on the plot if the present c enpant can find other quarters as lease has four years to run. The bank has taken back a mortga of $375,000 on the property.