Salt Lake Tribune | 1918-12-20 | Page 9 | Kendall Square Deal for Market Closed

KENDALL SQUARE DEAL! FOR MARKET CUBED: ! i $95,000 Paid for Five j Acres; Will Be Produce j Distributing Point. j I Negotiations which covered a period of : eighteen months between the Ashton-Jcn-! kins Real Estate company nnd the .Salt Lake Market company ended yesterday j : afternoon when the directors of the lat-! lat-! ter organization agreed to pay ??ii,U00 for Kendall square. The treasurer of the Salt I Lake Market company was authorized to ! commence payment on the property to the j Ashton-Jenkins company as soon as the i title had been pronounced clear, which I will be in about ten days, according lo 1 the real nsiate company oflicials. The I meeting was held at the Hotel Utah, j Kendall sguare composes about five acres and on the sou i hern half is Ken-j Ken-j dall terrace and oilier buildings which will be allowed to remain." According" to Kd-1 Kd-1 ward M. Ashton. the C'rem tt Bamberger Bamber-ger lines will now commence lo build trackage to the property. J. Ross Bee-son Bee-son was present at the meeting of the directors of the new market company as representative of the Orem line. The Salt Lake Market company is composed com-posed of farmers from Salt Lake, Davis and Utah counties. Kendall square has been purchased for use as a public market mar-ket find distributing point for produce. It is to be a permanent home for the growers. grow-ers. The company is organized as a holding hold-ing company only Work on the new market will commence shortly after the first of the new year.