The Coral Gables Times

WORK BEGAN THIS WEEK on a twin traffic island on the south side of the McBride island property on Ponce de Leon Boulevard just north of Catalonia Ave. The landscaped island, being constructed by Ward Paving Co. for $3,900, will help channel traffic. The island will be identical to its twin on the north side of the McBride property. (Times aerial photo by Raymond Lang)

Ponce de Leon Building Is Planned

A two-story office building is planned at Ponce de Leon Boulevard and Romano Avenue by Irving Burnstein, of Miami Beach. Architect for the new building is LeRoy K. Albert, of Coral Gables. A contractor has not been selected. The 85 by 100-foot CBS building will be airconditioned and have an elevator.

DEED Changes

Cano to Luis E. and Ofelia J. Ruiz, 1109 Sevilla Ave., $45,000. Lange to Russel A. and Dorothy L. Snyder, 533 Navarre Ave., lots in Coral Gables section B. Jones to Carl E. and E. Louise Pinkham, 629 Navarre Ave., lots in Coral Gables section B. Shaffet to Milton B. and Esther C. Feldman, 704 Majorca Ave., lots in Coral Gables section B. Craig to Kenneth H. and Elsie H. Smith, 737 Malaga Ave., lots in Biltmore section. Mendei to Grand Building Co., 914 Palermo Ave., $6,300. Johnson to Peter and Magdalena Kolosna, 112 Camilo Ave., lots in Coconut Grove section. Stanley to Ellen M. Unger, 436 Zamora Ave., $6,000. Rodriguez to J. and Ofelia Carrillo, 3100 Anderson Rd., lots in Coral Gables section No. 2. Stein to Grand Building Co., 914 Palermo Ave., $9,000. J. Savinon de Martinez to Luis Rafael Trujillo, 2415 Indian Mount Trail. Uhlich to Gordon and Sandra Road, 1332 Sorolla Ave., $20,900. Owen to Harold W. Evans, 65 Campina Court, $1.00. Farr to James P. and Thelma M. Martin, 6 Veragua Ave. Charlton to Margaret L. Lecroy, 1210 Capri St., lots in Granada section. Burke to Grace H. Harrison and Ruth H. Mills, 10 Minorca Ave., $36,000. Napoli to Julieta Llanos de Alvarez, 4001 Segovia St. Napoli to Francesca Gloria Napoli, 425 Cadagua Ave. Hartley to Otto H. and Florence Greunke, 1431 Ancona Ave. Zoloth to Robert and Jean Roth, 5600 Maggiore St. Parris to Daniel T. and Nelda J. Metzger, 525 Daroco Ave. Future Homes, Inc. to Michael and Frances Cherep, 5614 Orduna Dr. Ryan's Realty (Alto Corp) to Jacob G. and Agnes Wilcox, 1541 Placentia Ave., $11,000. Gogek to L. Richmond and Mabel S. Johnston, 6901 Trionfor St., $27,500. Von Overhultz to John R. and Jean Rogers Finlayson, 6929 Mindello St., $18,500. Bainbridge to George C. and Martha H. Smith, 513 Navarre Ave., $11,900. Greunke to John W. and Maxine Johnston Bates, 600 Navarre Ave., $19,300. Mansene to Carmine and Wanda Garducci, 33 Montilla Ave., $14,500. Drake to Bernice Springer, 917 Messina Ave., $18,500. Cox to C. and H. Home Builders, Inc., 3531 SW 12th St., $8,500. Corn to G. Ross and Leah Henninger, 1424 Blue Rd., $29,900. Ryan to Arthur F. and Marjorie W. Hackney II, 6717 Tarrega, $20,000.

A Lot too Little For a House Too Large

A builder who sought to build an oversized house on a 50-foot lot was turned down on appeal to the City Commission last week. The Commission voted unanimously to deny Domicick Masisca's request to build a home having 2,253 square feet instead of 2,075, the maximum permitted for one story on the lot. Masisca claimed that he could not economically build a smaller one-story home. Masisca reportedly purchased the lot from Mr. and Mrs. E. B. Turner, of 913 Escobar Ave., who live on the adjoining lot. According to city officials, the owner of record is still Turner. Twelve neighborhood residents, a half dozen of whom appeared before the Commission, objected to the proposal. Masisca may legally build a two-story home on the lot if he conforms to all other requirements, Mayor Robert L. Searle said. The right to build on a 50-foot lot was established following a Miami Shores case several years ago after that community had attempted to block construction on these small lots. Last week, Mrs. Jacques Eric Turner, 928 Escobar Ave., no relationship to the other Turner, suggested that the property owners get together and effect deed restrictions that would prohibit construction on 50-foot lots in that area. Her suggestion met with popular support, but would have no effect on present property who refused to go along.

Twelve New Apartments On S. Dixie

Two new apartment buildings totalling 12 units are planned at South Dixie Highway and Miller Road. A state permit has been issued for the two buildings, owner of which will be John C. Lawrence. Designer of the two-story buildings is Gerard Pitt. R. J. Suarez was awarded a $30,000 contract for each of the structures, for a total of $60,000. Six efficiency units are planned for each building.

Apartments On the Rise

Two new two-story apartments containing a total of 32 units are planned at Sunrise Harbour by Sarbro, Inc. Each of the buildings, designed by architect Hilliard T. Smith of Lakeland, will have five two-bedroom apartments and three one-bedroom. The apartments will be located on Lots 17, 18, 19 and 20 in Block 1. Plans have been presented and approved by the Board of Architects, but no permit has been issued or contract awarded.

STATEMENT OF CONDITION

December 31, 1961 RESOURCES Loans and Discounts | $ 5,051,979.02 Banking House, Furniture & Fixtures | 146,281.36 Prepaid Expenses | 3,597.64 Accrued Interest and Income Receivable | $ 86,327.60 U. S. Government Securities | 9,116,800.82 Florida County and Municipal Bonds | 1,517,238.45 Other State and Municipal Bonds | 254,085.54 Federal Reserve Bank Stock | 37,500.00 Cash on Hand and Due From Banks | 5,574,344.45 | 16,586,296.86 | 21,788,154.88 LIABILITIES Capital Stock | 500,000.00 Surplus | 750,000.00 Undivided Profits | 165,681.49 Reserve for Contingencies | 136,325.08 | 1,552,006.57 Reserve for Taxes, Interest, Etc. | 88,551.07 Interest & Income Collected, Not Earned | 84,286.15 Deposits | 20,063,311.09 | 21,788,154.88 OFFICERS GEO. A. CHATFIELD, President E. W. RIPPLE, Vice President & Cashier WM. C. SWAIN, Vice President EDWARD J. LUCKE, Asst. Vice President PHIL W. CONDER, Asst. Vice President J. B. JACKSON, Assistant Cashier H. J. ZARNIK, Assistant Cashier DONALD M. DANIELS, Assistant Cashier DIRECTORS DEAN S. CAMPBELL, Vice President, Florida National Bank & Trust Co, at Miami JORDEAN P. CASH, President, Holsum Bakers of Puerto Rico, Inc. GEO. A. CHATFIELD, President of the Bank ALFRED T. ELDREDGE Secretary, Langford & Ledbetter, Inc. HOWE E. MOREDOCK, SR., Chairman of the Board, Howe E. Moredock Co., Miami, Florida E. W. RIPPLE, Vice President and Cashier of the Bank THE APPRECIATIVE FULL-SERVICE BANK... FLORIDA NATIONAL Bank at Coral Gables MIRACLE MILE AT PONCE DE LEON BOULEVARD MEMBER: FEDERAL DEPOSIT INSURANCE CORPORATION, FEDERAL RESERVE SYSTEM, FLORIDA NATIONAL GROUP