Indianapolis Times, Indianapolis, Marion County, 23 July 1950 — Page 37
rchased two » U. 8, Post their home fleld is asso-
oin lealtors
Hamilton Realtors took week. ur brokers te ter, the Board agates to the of the Indi Association, e named’ for yarley at the rsident Thome | yesterday. bers admitted ell of Cicero, eridan, Meid I and Marion (lle. iso elected ta | of directors
or A. L. Mo« (Ind.) Banke membership » board mee
ES PACE ~-Housing cons last year was t started im
pring praehs
(UMINUM
'ORING yd STORM NS and RS :
TIFUL PROOF IME
lo screens
CO.
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Is |
Intormation | canara Rs easy | $
ARIE RsiRae 1
mupen]
shelter of various kinds, includ-| ing ... trailers, demountables and chased by Olive Morris from Clar- ing
a TEE AN.
SUNDAY, JULY 2, 1950 At Home With Real Estate—
Voluntary Building Curb
‘Urged to Bar Rigid Control
Mr. Meadley, as vice president of {the Marion County Residential The National Association of Builders, keeps his eye op proj-
{Continted from Page 35) home buflding, he said.
Real Estate Boards looked at ®C!s all over town and county. President Truttian’s requests from | ven Without the “curbs, a different corner. » ” » THROUGH Herbert U. Nelson, Meadley executive vice president, national ‘building realtors pledged aid and “co-| July. operation to the federal govern-|
pinch would come
That's in case of all-out war. Mr. Nelson pointed to construc-!|
‘natural building hour.”
. squeeze. And how.
‘If We Knew...
said “We can help again . . better.”
Realtors helped the govern-| ment locate air fields, towns for! war workers, utilize scarce indus-/the 10th floor, trial plant facilities and, most Bldg. tomorrow, important, assisted in “carrying! out the war housing program.” The executive committee also pledged co-operation with veterang’ organizations in “any sound program that will aid any per-! son called into the armed services
belated bouquets at Mrs.
today.
in the financial preservation of returns” tomorrow. She doesn’t his home.” want “greetings.” Billie's afraid| on» her husband will get those. He) BUT EVEN before President "0!d% GI paratrooper training.
Truman called for strings around credit, builders got a tough warning from Frank W. Cortright, another NAHB veep. He said ‘that's all, brother” if the Korean situation spreads to all-out proportions. Mr. Cortright told builders a major conflict rheans no further construction could be started, but housing well 3 under way would § probably be per-3% mitted to be completed on a minimum basis, “Materials would undoubtedly be allocated on a priority basis . . . an rigid restriction and occupancy | controls would be instituted,” he! said. Mr.
Realtor’s Sales Soar in July
Times Classified
{W. N. Waltermire,
{Times, Mr, Waltermire said.
Mr.
effective and going up.
Cortright
“minimum war housing under| i. "ginmid & Smith Real Es-
rigid government control for in-| tate Co. migrant war workers and mili-
tary personnel.” Farnsworth Property
And in case of bombing here, The Farnsworth property was| ther 14 ts— Nine |1ast fall, “temporary sharing of all exist- sold by Fred and Donna Osborne | Other ppman projects. ing facilities . . . and temporary to Mr. and Mrs, Charles Petzhold |
even tent cities” would be re-ence Pritchard. quired, he said.
» r »
HERE IN Marion County, where boom is a byword among! the industry, lumber and labor were knocking “1” from building! before the government curbs. “We couldn’t have gone much; faster even if we wanted to,” said] Elmer FO He should know. |
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current construction picture would be the same. Timber and {skilled craftsmen, both short. Mr. said last April the big
: “That's when we always teel! ment in real property problems.” the shortage” he said. “It's the
The. war crisis . . . and now the, tive aid during World War II and curbs . , . put the muscle to the|
That's because the H. Dutt {Vilm crew (mortgages) will toss| § Billie| § McClellan. She's Duff's secretary : and celebrates her 27th birthday.
She'll receive her “many happy|
Ads Move Property
Realty sales soared in the first {two weeks this month for Realtor |
| He reported transactions Inlvolving eight properties through {July 1-15. All his sales were ef-| {fected through advertising in The
Among sales were two crosstransactions, one at 4518 Farns-
worth with James T. Ketrow and | also forecast/y,. iron of 2220 Talbot Ave. $2 million, 283 dwelling units|
May 15. Expect completion by|~— date pushed and N. Meridian Sts, schedule. Finishing up interior work wit ins |Builders: L. & L. Building Corp.| completion due by Dec. 1 Started | ficidenich Realty ©
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in i
This five-room suburban
dwelling topped ea the Phillips Realty Co. Salcsman. Cee L. Taylor { Mrs. L.-D. Brewer Jr. purchase the
sales fo yy Mr. and two-bedroom house from Mr.
| and Mrs. Dallas Hassett. Mr. Hassett is associated with Indianapolis Kainays, Mr. Brewer with Chevrolet Body Corp. The house is at 4528 W
IT'S COFFEE and cake along People's Bank |
Col. Allison Maxwell, with the
. Melrose St. Drexel Gardens.
THE INDIANAPOLIS TIMES
{saved a bigger down payment
Realtors Watch Credit Moves
VA, FHA Require igher Down Payment
ted to revise downward the
notes from brokers. Transition to war production may enable families to accumulate enough cash for bigger down payments anticipated. But realtors, reluctant to hold properties too long a time, are aware by the time the money is
‘may be necessary, It's timing. Service Outlook Counts Homes under way now will be finished. Less easy financing, higher building costs, and, most important, a scarcity of customers with buying power may reduce} number of new homes started.
Indiana National Guard, pur- |
| chased this three-bedroom house last week from Rex Young, |
1 His sales were indicative of in-| Cortright {creasing volume reported by oneman realty operations, personal,
theatrical investor. Sale of the house at 6023 Evanston Ave. was ‘negotiated by Hugh A. Teeters of Butterworth & Teeters.
| North Siders
m—— Are. 30 E. Hd St 1061 WwW.
That could push prices of existing houses upward. Uncertain war status among {service eligibles and production | workers also are involved in the {real estate market. | There may be homes offered by {draftees and migrating war work-| {ers, but these dwellings will prob-| {ably fall in the big down payment! |class, too. Prices may be up. | | That's the outlook for ‘real es-| {tate right now. It all depends on| |all- out mobilization, other con-| {trols.
ee enn t— A tr
Blast Record
(Continued from Page 35)
acres on Gray Road, 2142 N. Emerson 33d
8t., |
'N. Arsenal Ave. 3117 Sulitord Ave.
| 32 N. Pennsylvania St, 37% Parker | fe e iveries re t Ave ms St. 5539 Winthrop | Ave. lot 160 in N, Kessler Park Addition, | tral Je 922-24 College Ave. | St. 4350 Guilford Ave. | | 1340 Nivbe: poi 5800 Massachusetts Ave. a | 33 Caroline Ave. 1030 N. Drexel Ave. | | 2, hibden Ave. 1622 halt Place. 10 rving Ld acres Main Roa 1, (Continued from Page 35) unless general freeze comes on. ja cheval DR 2081 N_ Bosart Ave. Sel cheva rive. st 8t., 813-15 delay in deliveries with off-timing {Short supply of bricklayers and|N. Denny St. 1709 Cunningham Drive, | J plumbers. Construction started! 1515 N. Chester St. and 1712 Elmhurst petween steel mills and fabri-| and 6125 Burlington both cross-sales with | cator. If freeze comes on mate- {last fall; completion due by June, Butterworth & Teeters, 3645 N. Ada . : 1951. General contratctors: Carll 3y,*'t John B. Lookabirl, $672 Jrininrop
{late spring, back
{Drive, Mr. and ‘Mrs. Russell E. way Edward | Sept. 1.
and 3175 N.|30 days.
St.
irials, then project will wait prifority go-ahead. Started work on,
surance Co. — Two-story, penthouse and basement, 28th and N. Meridian Sts, for 12 stories). Awaiting struct-|n. ural steel ordered months ago, due| in in August. In good material | supply
| 99 ThE
SSSSSerSeeeoeeeETSTSES
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| homes and buildings. |Your Home Inspected Free!
| M.,
1951,
from original
story apartment, 3470 N. Meridian | %® and the Talbot dwelling was pur-|St., 101 units $900,000. Steel com- |
in,
$1.2 million. Half-|,
Granville Apartments,
Empire Life & Accident In-|
$900,000 (designed|
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TERMINIX (0. OF INDIANA, INC. 518 Architect & Builders Bldg.
Indianapolis 4, Ind. Rl. 8546
}
land and Illinois Sts. done. Except completion bY|gioe) ordered, on way and paid He E t i-1 Rob-|6102- -16 Carvel Ave. 51 units, ele tor. But future Sllosment aude lert and Fred Freudenburg to|000. Ready for occupancy Within| ie ang steel structure in go if cement isn't allocated | 8 with A also. Started May 1, expect come |} Ave. pletion by Oct. 1. General Con-| tractors: Singer Sewing Machine Co.—|
for.
shape,
Geupel Construction Co.
Farmers Mutual Liability Co.| | Staves Two-story and basement, 30th Warwick $500,000. |
General contractors:|
upel, Indianapolis Life Insurance Co. | —Two-story addition to structure | ¥ expect completion bY| at 2060 N. Meridian St., $300,000. "Knish spring, 1951. Started May 1. Nine-| work under way with back orders |; John B. Other sales included property story apartment, 1304 N., Delaware ang good source coming through. | 9i. (1921 N, Ruelid Ave ‘at 1354 W. 32d St. sold by Mr. St, 108 units, $900,000. In 00d | No large steel products in build-| land Mrs. James Hesselgrave to shape. Expect completion by end ing, |Mr. and Mrs. Theodore Chronis; of year. Started in April. Barring-| qaneral contractors: Geupel, 13647 Kinnear Ave, Willlam and (ton Heights, Keystone Ave. and| Mable Allee to Mr, and Mrs. Rob- Minnesota St. More than 300 units | gyoe stories and basement, Mary-| 5115 Riverview for Negroes,
Maryland Parking Garage— | Lebanon,
A. V. Stackhouse Co.
h! | RoBbins PT alty Co.
mostly reinforced concrete.| $450,000. |
ne ve. od | Fath St. & College Ave, lo
| Central Ave. with W, L. Pridses & Son nd 1314 N. Emerson Ave, with A. HL M
Cash—Lot 91 in Arden addition,| Rd. lot at 56th St. and Crest-| |view Dr. and -jot 25 “im 'MeCullough &|
{ Hann's addition in a cross-sale with Fortune Jr—505 E. 82d St, etden So. 443 E. 7ist a) 6057 Birchwood Ave Srmah Dr. ang
orman L. Bymmer— -6013 Kingsley Dr. 5630 Kinkal sle Tr. 315 Berkley Rd | 3 8.3 i n,i350 Graceland Ave. 193 123 erkley ox AD utler and 3148 E. 47t - I har E Lo h St. in a ross itter Aye.
+ Realty Co—3801 N. R Lookabill—4206 and $218 E. 16th| Gladstone Ave. and 1905, wd
7200 bloc lot in 7600 block & | tracts on 9list St
ATTY!
Robbins—Lot in the Meridian Hills_Blvd., {PennsSivania Bt. 3, E%0 a { ea 0 AI two lots in the | 8200 block Kenwood A a - fon, $444". Crimi os 51 Beikiey| nois rkley Road, 5736 Central Ave, lot 24 at E. sand | | Bt. and oe Spring M Mill Road poy 2 0 Lsasale with Graves and ir in a cross-sale with oo cen)
e Spann Co., Ine.—435-27 N. Chester
Veen Co 1734 Chester Ave.
College Ave. lot at
in Forest View| 3 A cross-sale with Pieber Ford Woods & ( 0 | Drive
'wo stories, 1618 N. Meridian St.,
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625,000. Steel superstructure is| Apartment Owners up, work continuing on schedule. | i Started Apr. 1, expect completion TO Get Census. Report by Oct. 15. General Contractors:| Stackhouse.
fa closer look at Indianapolis | this week.
{vations with a man who has
they hear H. E. Neal, district census. Mr, Neal will speak on “The 1050 Census” at the monthly | meeting of the Apartment Own{ers Association at noon Wednesday in the Washington Hotel, AOA President Paul Coen will preside.
YOUR CABINETS BUILT to suit your needs if Jamestown White
Steel Kitchen cade inets built and in
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G EB APPLIANCES nd
{checked them this spring when’
Betalled exactly ss
RAUP over co. | 145 N. PENN, MA-2408
portfolios, They buy! 3
| Lawrence Catholic Church will
| Saturday nights on the grounds,
| tainment all are scheduled. Pro- | ceeds will go toward a bus for
s! construction,
{
Graves and 4719 Hines- &|
Apartment owners will receive |
They'll ‘rub living habit obser- |
St. Lawrence Fair fo Help Buy Bus
(Continued from Pago 35) | BE
(Left to right) Mesdames Harry
old Donnery, V. V. Ragsdale and John P. Montbrun,
The entire parish of the St.
sponsor a Country Fair and Bazaar Thursday, Friday and
46th St. and Shadeland Ave.
Festive meals, booths of various kinds and special enter-
pupils of the new St. Lawrence School. The school, now under includes a chapel which will be used as a tem- | porary church. The Rev. Fr. Cyril Conen is church pastor, Women of the congregation will bring out of their attics dresses and bonnets worn 100 years ago by their grandmothers. They will “dress up” in them to give the fair the same atmosphere of long ago. The serving of meals, including a fish dinner Friday night, will begin at 5 p. m. and continue as | long as trade is good. Booths will specialize in corn-
her
onmelon, home made candy and [Hollis L dolls. The Women of the Moose Kitchen Band directed by Mrs. Charles Hansford will play Friday night. Mrs. Bea Brown will sing hill billy songs Saturday | night. {
Lecture Opens Today’ s | nin ! glia
nd v F. , 38, 4 , Spiritualist Program ve Fla dag 20 oF" ut Times State Service ae vn cl aend, ry 36 ad Xa \
CHESTERFIELD, July 22—A| DIVORCE SUITS FILED {lecture at 10:30 a. m. by the Rev.| | p32
ado Iph {Maude Kline will open today g| Sud’. Ca Sy " wis ae Irene
[program at the Chesterfield] Yilliam » JF: SRD A ve. Robert I | Spiritualist Camp. = ay The Rev. Mrs. Kline will give| TIME HEALS ALL
(will share the platform with by a lovers’ quarrel was Arthur Myers, lecturer, and the With the marriage (Rev. Mable Riffle, former camp {secretary who will convey elairIvoyant Tessage,
Bs 8, vis W. TE Ngagls, 311 8 4 age
Edo. ‘P. Wells, a 1313 E. New Dorothy L. Shelton, 38, 1208%; E. Wi
an Kentucky} ool atte
§ N. Cu N. 2
Bdward W. Mock,
aches a | 1 FLEE
ash
4134 Ju Deal, 31. “en West: Gertrude
a3. TH 8 Ro
iri g Shodes” Bat arie W, Beecher; Martha
{. Malzahn, 30, rittain, 23 Bedian 5 Alterman, ward
§ Bix Rg Hoa
® Bolinger he. S08 A 22. 2
an Robert.
. Hunt, 18, 1 . . Garl, 17, 1415 W. yi 3 JL; 528 N Na laa Joy 330% N. 0 3% Tn Forest: R. tiller, . ie’ w eed; "Filla D. Gibson, i Pu Pete Norman, 53, rroliton; Helen g . 1816 Carroll oth, 26, 308 ‘Holmes; Ruth 933 N. ont. ¥ Harris. 21, 102 E. Ridge Dr; c he eisai. heh Sorman v Va 3 Catherine Me Moore. 27, 988 ors
Wi Whi ma i iebke, Leo J. ite, Har- | 8% » Cole ir. 25 233 W. 20th; Marie | J. Davis, 18, 1307 Ny Re ete. in IWilllam A. Reynolds, th | ohare J. Glaseburn: 3 "ut x ME - y - fl e-cob, ice cream, water ‘Atkinson, Ans
mao. Marior} A inia, ion WIE Al Bn Jo ha x Ha Iribon, iad Cn ul r¢hmani In e, ag He fs s fh But = Anna Paul J. Bern 3 27, oech Grove: Betty Yoh, 38. Vernal i kw Taicield: Lois ) rfuson., Ngo Se
eric °% vania: car oly J. adh Aggies,
¥ Filey 20, or
V8. aus a Dole ° Aung L z T= tnd nita R. vs.
FORT WORTH, Tex. July 22 —A teen-age romance erupted
f Tom nolds and Mary Raper Raper Re:
The romance started in 1900, and was interrupted by the quarrel in 1902.
final talk at 2:30 p. m. She|
Today § Weather Fotocast
0.4108 Troy Ave. and: on W. Minn esots St, near Lyndhurst
Robert E. Walker—4627 7 Boulevard Place. |®
supervisor of the bureau of the =
i ¥ WE MLUEPALOFE. COP 1950 E0W L. 5 WAGNER, a RIGHTS RESERVE
TODAY AND TONIGHT—A
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‘1st U. S. Cows in 1611
The first U., 8. cows were brought over to the Jamestown || Colony in 1611.
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