Show STATE ROAD LEASE One Hundred Feet Front BrJnzs 3GOtf I Year For Twenty Years The methods of leasing ground for business property for a long term of years common in the east is betas introduced i this city G S Holmes has secured a twentyyear lease l on Ito foot on the State road between Second and Third South streets adjoining Sot l S-ot on which the building occupied by the Singer sewing machine of flee stands The price stipulated In I the lease i 5150 per foot front for the frt fire years JSO for the next live years 5350 for the next and JJfiO for the last ears Ive years of the term Tills amounts to an a eraco yearly rental ot JCOO for the entire term of th S lease Property in this block is held at ft00 pc root r-oot front rind rules firm at that price as a genuine offer of C7IO was refused for the fifty foo tot l t-ot rIo the cast sido hotel though th Same same Kin be purchased for to Mtv Holmes binds himself to cover the land with a threestory building within two years i i eb 5 which i reverts to the owner t the ground at th a expiration of the lease |