Barton Roy Deming, developer of Euclid Golf, formed the B.R. Deming Company in 1912 to develop John D. Rockefeller's Euclid Golf property. Facing stiff competition from property sales in neighboring allotments, Deming was forced to renegotiate the terms of his agreement with Rockefeller. In 1915 Deming secured an agreement to continue as the sole agent for the development and sale of lots in Euclid Golf until July 31, 1920. He paid $89,747 up front, and Rockefeller's Abeyton Realty agreed to invest up to $320,000 in physical improvements such as gas, sewers, water, electricity, paving, guttering, and curbing. Abeyton set a minimum price on lots, thus guaranteeing a minimum payment from Deming. On October 3, 1919, Deming fulfilled all aspects of the contract and received the mortgage deed for the property for $463,158.40. | Date: ca. 1920Download Original File
