Show TO PUT UP UPA A MODERN 1 OFFICE BLOCK Mortgages for Long Terms Terras and Amounting to Wore 1 Placed on Pile File Yesterday Yo mortgages on property at the corner comer of or Second South and Main streets and at Main and nee flee place pIce were ware filed riled la in the county re To recorders corders o ce yesterday for by b the J T It R Walker estate te to the New TotE Life LICe Insurance company her ber heralding aiding alding the construction of a ten tory modern office building In the new business district In the Oie near future The Thu Th structure will go up on the corner of or postoffice place and Main aIn street where a drug drUff store tore and several ral other small 11 stores are now located Both this Uti piece of oC property and aDd that Ut at the northwest corner CorDer of oC Second South and Main streets are owned by bythe bythe bythe the Walker Wallter family and the Walker Brothers bank balik k is hi I located on the Sec See Second Second ond onti South street property proper The mortgages m are dated June t 5 tand and bear 5 4 per cent interest t run nan running running ning for twenty yeara The loan lean of or to II insured by the mortgages mortgagee on property described as II part ot or tot lot 7 block 51 it 1 plat pint A which to Is at t Post poet Postoffice office place and on part of lot 1 block U es plat A the Second South and Main property The Tb Th filing nUn of oC the mortgage mOM a is III mero mert ly Jy another step in the announced phin of 0 tho the Walker heirs to erect a modern structure at Main street treet and nee flee place the building to cost coot In Ib the neighborhood of or 6 Permie Permission Per sion of or the Ute district court was waa ob oh obtained obtained tamed for Cor the negotiations negotiation In making the Ute loan because one of oC the heirs is not of age Just Ju t when work will start on OD the new building Is tal not known but it is la understood that It will be tills this year Tenants Tenant are on the premises ea without tUlle leases and aDd may be given orders to vacate BeMe at any time |