The Courant learns that the Hartford Fire Insurance Company has an option to buy the American School for the Deaf’s property

05/12/1919 |

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The Courant learned that the Hartford Fire Insurance Company had an option to purchase the land currently owned by the American School for the Deaf at 690 Asylum Avenue.

  1. Title had not been transferred at this point in time.
  2. The Courant had learned that that transaction nevertheless awaited only approval by the respective boards of directors, and those approvals were considered to be a formality.

The real estate agency of W. A. Sanborn handled the purchase and sale of the Hartford campus of ASD.  The agency had also handled ASD’s purchase of the land for its new campus in West Hartford.

The Courant didn’t give its source for this information, nor did it give any sense of how long negotiations between the two parties might have been ongoing.

  1. The American School for the Deaf postponed its move to West Hartford until after World War I ended.
  2. School officials lobbied for passage of an appropriations bill that included funds to support construction of the new school facility in West Hartford on March 12, 1919.

 

Governor Holcomb signed the appropriations bill granting the American School for the Deaf $250,000 today.

  1. The board of directors the Hartford Fire Insurance Company met and ratified the purchase of the school’s Hartford property later today.
  2. The annual board meeting of the board of directors of the American School for the Deaf would be held tomorrow.  The board would consider the sale if its Hartford campus and plans for the new campus at this meeting.

The article includes a decent history of both the American School for the Deaf and the Hartford Fire Insurance Company.

  1. “The Hartford Fire’s negotiations for the large property on ‘the hill’ are an indication of the great growth of business under the present management of the company, of which Richard M. Bissell is president.”
  2. “The school property, located in an important section, has long been in need of improvement and the development of the tract by the Hartford Fire Insurance Company will mean much to real estate values in that neighborhood. There will be ample room for the company to make improvements which will enhance the appearance of that section.”

Unattributed, “Hartford Fire will take over School for Deaf property and build new office on ‘The Hill,’” Hartford Courant, May 13, 1919, page 1.

The Hartford

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