Pioneers & Prominent People of Saskatchewan: SGW Transcription Project

Pioneers and Prominent People of Saskatchewan

it gave Mr. McCallum the necessary time. Values were rising and he made some provisional sales which brought in some cash. A little money was obtained from some relatives, and when the contracts came back from Montreal he was ready with the payments. When the boom was in full swing the property so acquired was worth hundreds of thousands of dollars. Shortly afterwards he formed a partnership with his brother Edgar McCallum and W. H. A. Hill, and the firm of McCallum, Hill & Co., which has been a household word in Regina for more than twenty years, came into being. The fruits of the first investment enabled them, to extend their operations and acquire more property, selling their closer-in holdings and taking the proceeds to buy more extensively farther out. The first acreage they acquired was a, portion of a farm immediately to the south of the city, which was purchased from G. T. Marsh for a price in those days of cheap lands. They named it Wascana Park, subdivided it, and it sold rapidly.

In 1905, by a vote of the Legislature, the capital of the new Province was established in Regina, and it was apparent that grounds would be required for the site of the Parliament Buildings. The choice of location was limited, and McCallum, Hill & Co. were determined -to keep up their reputation of being in advance of any real estate movement. They accordingly bought from R. Sinton a section of land on the hill immediately south of the Wascana Creek, in what was

Certainly the most desirable location available. In order to shut off any possible competition, they bought a place known as the Kline Farm, immediately to the westward of the first purchase and consisting of a little over, a thousand acres, from the local firm of Gray and Hamilton, and a Minneapolis capitalist named Gates. They also bought land to the south from D. D. McLeod, of Regina. There were not wanting prophets in Regina who foretold disaster. The operations were the largest in real estate that had

Pioneers and Prominent People of Saskatchewan

Pioneers and Prominent People of Saskatchewan CANADIAN PUBLICITY.CO Publishers WINNIPEG MONTREAL ST.JOHN VANCOUVER REGINA Printed and Bound by THE RYERSON PRESS TORONTO Copyright Canada 1924, by CANADIAN PUBLICITY CO. Copyright 2005 online publication