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Word: pattontown (lookup in dictionary) (lookup stats)
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...transient industries that built them. A former International League baseball umpire, Realtor Moran got his idea nine years ago while recuperating from an internal hemorrhage. "I think," says he, "that I've sold more towns than anybody else in the U. S." Last week he sold his eighth: Pattontown, Pa., a scraggly Westmoreland County hamlet of seven farms, 28 houses, a mercantile building...

Author: /time Magazine | Title: REAL ESTATE: Towns for Sale | 11/11/1940 | See Source »

Among 300-odd miners, farmers and hunters who gathered before the auction block were many on WPA or relief, some who had come to buy the homes in which they lived. Mrs. Mary Zuzak, hefty, straggly-haired wife of a man who had worked in the Pattontown mines (closed in 1938), planked down $350 in cash for a house she had lived in since the town was built (1919). Others found themselves dispossessed. Including the Mercantile Building, which brought $1,600, parceled Pattontown was sold for about...

Author: /time Magazine | Title: REAL ESTATE: Towns for Sale | 11/11/1940 | See Source »

Townseller Moran owns none of the property he sells, works on a commission basis under contract to banks and companies that do. Prosperous, soft-tongued, he convinces purchasers his towns are not so decadent as they seem. Believing that prosperity will bring some new company to Pattontown, he advertised "this is not a ghost town-mine operations will resume at an early date." Since Defense Commissioner Sidney Hillman has his eye on ghost towns, has begun investigating "shutdown areas" with a view to their use in defense, Frank Moran's optimism may make sense...

Author: /time Magazine | Title: REAL ESTATE: Towns for Sale | 11/11/1940 | See Source »

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