In writing local history I get lots of input which is great… it’s how we get community history together. Yesterday I found out this about my home Springside Hall..
Katherine Edwards I had a old neighbor long passed away by the name of Eric Stead. When I first moved to Carleton Place over 33 years ago the population was 7, 000. He would drive me around and explain some of the history of Carleton Place. During the Great Depression your home was lost to back taxes and was sold for a low $1,000 dollars. I think that was the price.
I have history on the Morphy’s, Crams and the Raeburns that owned the house. But there were two other owners between the Morphys and after the Crams that I cannot seem to find a record of and that is probably the ones that lost the home for back taxes. The Great Depression caused hardship for Americans. In 1932, about 25 percent of the working population did not have jobs. People without jobs lost their homes because they could not pay their debts.
During the 1920s prices reached their highest level in the third quarter of 1929 before falling by 67% at the end of 1932 and hovering around that value for most of the Great Depression. The value of high‐end properties strongly co‐moved with the stock market between 1929 and 1932. A typical property bought in 1920 would have retained only 56% of its initial value in nominal terms two decades later. An investment in the stock market index (including dividends) would have outperformed an investment in a typical property (including net rental income) by a factor of 5.2 over our time period.
This had me laughing all day on Friday and it’s my giggle of the day..
🙂 Julie Sadler said to me: Good morning Linda,
Just read that my cousin, William Morphy, built your house and lived there.
I’d like it back now please!
Love you Julie… you made me smile
Springside Hall 1920s Carleton Place
Burlington, Vermont
30 Aug 1981, Sun • Page 51
A Houseful of Whimsy- Springside Hall 1982
Do You have a Hidden Room in Your Home?
What Did Adam Dowdall Find in My Carleton Place Yard?
The Sundial of Springside Hall
Then and Now Springside Hall 1920s-1930s Photos
Reusing the Past of Carleton Place — The Morphy’s and the McCann’s
October 13, 1977 George W. Raeburn of Lake Ave East— Artist and C. P. R. Man
My Neighbours –Photos of the Cliff- McCann House and Springside Hall
Update on the Time Capsule in Springside Hall
The Spirits Are Alive and Well
They Once Lived in My Home– The Cram Children — Margaret — Angeline “Babe” and Arthur
They Once Lived in My Home– Arthur Cram
The Morphy Cram House — Springside Hall
The Hi- Diddle-Day House of Carleton Place – Puppets on a String
Glory Days in Carleton Place– Linda Seccaspina
So Where Does the Water come from Under my House?
The Ghost Lovers of Springside Hall – A True Love Story
Do You have an Archaeological Find in Your Carleton Place Basement?
Feeling Groovy by the Lake Ave East Bridge
October 13, 1977 George W. Raeburn of Lake Ave East— Artist and C. P. R. Man
What if You Had a Fire and No One Came?
Just Another Day in Fawlty Towers — Part 2 — To Hell and Back
Just Another Day in Fawlty Towers
Dumbwaiter Calamities of Crockery
While You Were Sleeping —-The Storyland Bunny Moves to the Hi Diddle Day House
The Case of the Disappearing Back Staircase — Springside Hall — Finlayson Series
The Hidden Dumbwaiter in Springside Hall –Finlayson Series
lindaseccaspina 