TENANTS BUY
THEY OCCUPY
NEW YORK, June 16 (by Associat
ed Press).—An “own your own apart
ment” movement is in full swing
here Two late evidences of its grow
ing strength are the purchase by the
tenants for $2,500,000 of an apart
ment house on Fifth avenue and the
starting of construction on a co oper
ative apartment on Park avenue,
which is to cost $4,000,000.
Just the other day it was an
nounced that Woodrow Court, an
apartment house occupying the en
tire block front on upper Broadway,
between 169th and 170th streets had
been sold for $600,000 to the 53 fam
ilies residing in the structure. This
is said to be .the first deal of such
magnitude to be 100 percent co-oper
ative and in which tenants of mod
erate means have participated. In
this deal each tenant only put up
a few thousand dollars cash. In the
Fifth avenue transaction each tenant
was called upon for $150,000 in cash.
Starting about eight months ago
the transactions in co-operative buy
ing of apartments have mounted in
volume until they are presently a
fixture of reality dealings and all of
the larger real estate agencies main
tain special departments in which the
employees do nothing else but handle
the sales of apartment houses to ten
ants. This is generally a profitable
transaction for the owner for tenants
are willing to pay more to retain
their homes than speculators or in
vestors would pay and it is said to be
profitable to the tenants in that they
assure themselves of homes at a cost
of only about seven years average
rentals
Tenants are approached individual
ly and through mass meetings when
agents have apartment houses to of
fer. The tenants are given a certain
length of time to decide and if they
wish to take the property the agents
form a company to own the building
to which only tenants may subscribe
to stock. The purchaser of the stock
gets a 99-year lease.
The shortage of office and commer
cial space has been only second to
that for housing purposes In New
York and co-operative purchasing of
office and loft buildings by tenants
has begun, although it has not as yet
reached the proportions of apartment
purchasing by tenants. Transactions
in business buildings differ from the
apartment sales in that while co-op
erative buying is done it is seldom
100 per cent so- the usual deal in
t volves the purchase by a club of a
half dozen or so business tenants,
who apportion the space among
themselves and then lease the re
mainder. The management in both
cases is generally vested in some
well-known agent under the direction
of the tenant owners.
SLAUGHTER OF ELK
BY POT HUNTERS
HELENA, Mont., June 16 (by Asso
ciated Press).—The game ranges of
the state are plentifully stocked with
deer this year, according to reports
to State Game Warden J. L. DeHart
here. It is estimated that 6,000 deer
were slain by hunters last year, but
that is not more than the normal in
crease. The slaughter of elk -was
more serious, as it was largely by pot
hunters, it is declared, but there are
still many thousands on the ranges.
GIRL SAVES OWN LIFE
BY WAVING SWEATER
MINNEAPOLIS. June 16 (by Asso
ciated Press).—Georgia Friedman, 10
year-old school girl of Deephaven, a
summer resort at Lake Minnetonka,
recently saved her life by flagging a
speeding trolley car with her red
sweater after her foot caught in the
“frog” of a switch. The girl was on
her way to school when the heel of her
shoe jammed in the “frog” as she
crossed the tracks. In face of the
speeding car, which was coming to
wards her at a rate of fifty miles an
hour, she tore off her red sweater and
waved it as a danger signal. The
motorman stopped the car a few
inches from the girl. When all was
over and her foot freed from the rail,
she collapsed.
■Ok
Don’t argue. The Club Billiard Hall
carries fresh tobacco. 27-tf
i
“LOST A BATTLE AND WON A WAR”
■ ■ 1 11 1 ■ ■ ■ w ^
Viscount Jellicoe, admiral of the
British fleet, former first sea lord of
the British admiralty and commander
of the British grand fleet in the battle
of Jutland, says he had a good time
r." the guest of the American people
during his unofficial visit. He was
pros' oted to the houses of Congress.
He visited the naval academy at An
napolis. He was dined—if not wined.
A ihe Washington navy yard he
was shown new developments in naval
armament which hitherto had been a
navy secret. He saw the shrinking of
a jacket on a 14-inch gun and the
‘ lining’' of a 16-inch rifle, and also
saw an experimental 16-inch rifle
which, with an elevation of 50 degrees,
will have a range which the engineers
would not predict, as 30 degrees Is
tli ■ highest elevation yet tried. In
this position the gun threw a shell
more than twenty-five miles.
Photo by :
gSRVestern Newspaper Unior\
At a dinner in his honor at the
residence ot Secretary and Mrs. Daniels Admiral Jellicoe expressed admiration
for the gallantry of the American navy and a desire for continuation of the
friendship and co-operation created between the American and British naval
forces during the war.
Admiral Jellicoe has been called the “sea commander who lost a battle
and won a war.”
Your eyes fitted. Compound and
stigmatic lenses replaced. See Os
borne.
NOTICE TO CREDITORS
In the United States Commissioner’s
Court for the Territory of Alaska,
Third Division, Cordova Precinct.—
In the matter of the Estate of W. E.
Townsend, deceased.
Public notice is hereby given that
on the 29th day of April, 1920, the un
dersigned, A. J. Adams, was duly ap
pointed and now is the lawful admin
istrator of the estate of the above
named W. E. Townsend, deceased; and
that all persons having claims against
said estate are required to present
them within six months from the date
of this notice to said administrator,
at his office in the said Cordova pre
cinct, Third judicial division, territory
of Alaska, that office being the place
for transacting the business of said
estate.
This notice is dated and the date of
its first publication is May 11, 1920.
A. J. ADAMS,
Administrator of the Estate of W. E.
Townsend, Deceased.
First publication, May 11, 1920.
Last publication, June 15, 1920.
H. B. WOLKING & CO.
Licensed
UNDERTAKERS
And
EMBALMERS
Phone 133—3
IVEWaI
TW O PANEL
1 DOORS are in
style in new construc
tion and repair work.
ga.; L. These doors from Rovig
X have a three-ply panel.
They are built with Al
L-J material. They have the
best workmanship.
When you build you want doors
that will live as long as the house
stands. Ask about our Craftsman
doors. Send for our catalog. It is
of practical idea* and susrreations. Rorir
2229 Pint Avc. S.. Seattle. "Better Millwork. ”
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»;♦; x*
% $;
::::
$:
f Permanent Bonds i
vi
V.
I I
$1 Of the First, Second and Third Liberty &
;X _ ^ :$
$: Loan Issues have been received in place of U
v« »*•!
| those left with us for exchange. Deliveries §
i will be made as called for. &
i &
?: 3
:$ -x
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i Bank of Alaska I
;X 5:*:
gi “ALASKA’S BRANCH BANKING SYSTEM” :$
;X ;X
X; Banks at Cordova, Anchorage, Skagway, Wrangell
•v X*
♦v X*
CORDOVA MACHINE
WORKS
E. Ft, GARNES, Prop.
Residence Phone 101-3
Shop Phone 182
Machine Work of all Kinds,
Blacksmithing, General Repair
ing, Horse Shoeing, Oxy-Acety
lene Welding and Cutting.
AUTOMOBILES
REPAIRED
Office and Shop: City Dock
CORDOVA, Alaska.
Out of Town Jobs Given Strict
Attention.
------——
i SHAMPOOING
\ FACIAL AND
For MANICURING
/ CALL
1-7-3
MRS. SWANBERG
."S .
I ' ■ —---—
Alaska
Steamship Company
Regular Sailings Between Seattle,
Ketchikan, Juneau, Cordova, Valdez,
Ellamar, Liscum, Latouche, Seward.
FROM SEATTLE— SAILS SOUTH—
JUNE 3...-. ALASKA .JUNE 11
JUNE 10. ALAMEDA .JUNE 20
JUNE 17. NORTHWESTERN.JUNE 26
JUNE 24.. ALASKA .JULY 3
Frequent sailings of freighters carrying explosives.
This schedule subject to change without notice.
P. B. TRACY, Agent
_ . ' ^
•• •• •* r V. ,-a v.;, -r;. ..... •* S,i '.it
Alaska—Washington—California ALASKA ROUTE
Safety Courtesy Service Speed
OFFICE EMPRESS BUILDING
WEST BOUND SOUTH BOUND
LEAVE CORDOVA , LEAVE CORDOVA
WATSON, June 16 EVANS, June 11
Watson calls at Kodiak.
f*-# i
L. A. COUNTS, AGENT Res. Lathrop Apts.
Phone 132—2
on New Woolens. Order
your suit from us and get
the benefit of these reduc- .
4
tions, which will save you
$5 to $20 on a suit. We have the only real Cleaning Plant in the town
where your clothes are renovated. Hats cleaned and blocked.
T. N. HUBBERT, MERCHANT TAILOR
1
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I I Will Have an Old- I I
£ £ £ :•:•
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11 4th of July 11
! i Celebration I!
£ I I I
£ £ £ ;?
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£ £ £ £ <
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| | - Make Program | |
| | Arrangements Will be | |
|| to be in Town Announced | j
I | at That 1 ime Later :? |
£ i ?! £
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