Friday, June 27, 2025

Reed Heirs Agree to Sell Property so City Can Widen Depot Street, June

Still Chance That Depot Street Will be Widened Some. . . All of Reed Heirs Agree to Sell Part of Their Property If City Wants to Exchange It with Bank Company. . . Five Feet Will be Sold City. . . Dr. Buchanan Agrees to Sign Option for That Amount—Aldermen Will Decide Matter Tonight

East Depot street may be widened at the square after all. It was announced here earlier in the week that Dr. E.J. Buchanan of Lexington, one of the Reed heirs, objected to a plan by which it was hoped the street could be widened, and opposition by Dr. Buchanan was expected to close all doors to a compromise. However, Mayor C.H. Barrier stated this morning that the city had secured the signature of Dr. Buchanan to an option for part of the Reed property and final decision in the matter now rests with the board of aldermen.

Mayor Barrier and C.A. Isenhour went to Lexington Friday night for a conference with Dr. Buchanan, and during the conference the Lexington physician agreed to sign an option for five feet of the Reed property. His signature completed the option as all other heirs had agreed to sign.

Under the plan the Concord National Bank will give the city five feet of its property for street purposes and will receive five feet from the hotel company in exchange. The city will purchase five feet from the Reed property for the hotel company, the option calling for a price of $900 a front foot for the Reed land.

Several days ago all of the Reed heirs with the exception of Dr. Buchanan agreed to the sale of 10 feet of the land, but his opposition held up negotiations and the matter was considered closed until Mayor Barrier and Mr. Isenhour paid their visit to Dr. Buchanan Friday night.

Since the matter rests now with the Aldermen Mayor Harrier has asked them to meet at the city hall tonight at 8 o’clock to consider the plan, and final decision probably will be reached at the meeting.

“I am anxious for all persons interested in this matter to attend the meeting,” Mayor Barrier stated this morning in discussing his trip to Lexington and the securing of Dr. Buchanan’s signature to the option. “The people of Concord have the right to be heard on this question,” the Mayor continued, “and I want all interested persons to attend. This invitation is for those who oppose the purchase of the property by the city as well as those who favor the purchase plan. The aldermen will decide the matter after the open session which has been called for the expressed purpose of allowing citizens of the city to express themselves.” The meeting will begin at 8 o’clock, Mayor Barrier added.

The question of widening Depot street at the corner on which the new bank and hotel will be erected is one long discussed in Concord. There is no question that the street is too narrow and those persons who have favored widening it realize if this is not done now, before the new structure goes up, it cannot be done for many years.

Throughout the negotiations it had been hoped that the option could be secured for 10 feet of land, but the board at the meeting tonight will consider the five-foot option since Dr. Buchanan would sign no other.

From the front page of The Concord Daily Tribune, Saturday, June 27, 1925

newspapers.digitalnc.org/lccn/sn92073201/1925-06-27/ed-1/seq-1/#words=JUNE+27%2C+1925

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