When was it published?

May 26, 1869 in Nashville Union And American

Story May 26, 1869

Nashville Union And American

Q: What keywords are associated?

Property Auction, Union Street, Mismanagement, Real Estate, Corporation Affairs

Nashville, Davidson County, Tennessee

View full issue View on Library of Congress PDF Page 4

What is this article about?

Failed auction of Nichol property on Union street yesterday due to lack of bidding from fears over corporation mismanagement, with warnings of declining real estate values.

Clipping

OCR Quality

100% Excellent

Full Text

Efforts were made yesterday to sell the Nichol property on Union street, but there was anything else but spirited bidding and the crowd was dismissed with the suggestion that the lots could be purchased at private sale if desired. There were a large number of persons present, but those who really wanted the property were afraid to purchase in consequence of the mismanagement of corporation affairs. This will be the case as long as the present men continue in power, and we need not expect men to buy real estate under the circumstances. If such a state of things continues much longer, property on the Square under the hammer, would not command one hundred dollars an acre.

What sub-type of article is it?

Historical Event

What themes does it cover?

Misfortune

What keywords are associated?

Property Auction Union Street Mismanagement Real Estate Corporation Affairs

Where did it happen?

Union Street, The Square

Story Details

Location

Union Street, The Square

Event Date

Yesterday

Story Details

Efforts were made yesterday to sell the Nichol property on Union street, but there was anything else but spirited bidding and the crowd was dismissed with the suggestion that the lots could be purchased at private sale if desired. There were a large number of persons present, but those who really wanted the property were afraid to purchase in consequence of the mismanagement of corporation affairs. This will be the case as long as the present men continue in power, and we need not expect men to buy real estate under the circumstances. If such a state of things continues much longer, property on the Square under the hammer, would not command one hundred dollars an acre.