in ▁was ▁sp ending ▁to ▁promote ▁the ▁community . ▁On ▁Sunday , ▁March ▁ 1 4 , ▁ 1 9 2 6 , ▁in ▁a ▁ceremony ▁led ▁by ▁the ▁S over eign ▁brothers ▁and ▁other ▁officials ▁of ▁the ▁Al add in ▁City ▁Sales ▁Co ., ▁the ▁corner stone ▁of ▁a ▁one - story ▁bank ▁building ▁" of ▁Pers ian ▁design " ▁was ▁laid ▁at ▁the ▁corner ▁of ▁Ali ▁B aba ▁Circle ▁and ▁West ▁C airo ▁Street . ▁Neg oti ations ▁were ▁pur port ed ▁to ▁be ▁under ▁way ▁at ▁that ▁point ▁to ▁start ▁bank ing ▁operations ▁upon ▁completion ▁of ▁the ▁building . ▁Following ▁the ▁ceremony , ▁the ▁P ione er ▁Society — which ▁was ▁composed ▁of ▁Al add in ▁City ▁invest ors — h eld ▁a ▁meeting ▁and ▁elected ▁officers . ▁ ▁Sub sequ ent ▁advert is ements ▁in ▁March ▁and ▁April ▁ 1 9 2 6 ▁continued ▁to ▁promise ▁improved ▁homes ites , ▁business ▁sites , ▁and ▁a partment ▁sites ▁for ▁ 2 5 % ▁down , ▁and ▁invited ▁pros pective ▁purch as ers ▁to ▁visit ▁and ▁see ▁" the ▁beautiful ▁Spanish ▁b ung al ows ▁already ▁built ▁and ▁under ▁construction " ▁as ▁well ▁as ▁" the ▁road ▁cr ush ers ▁building ▁wonderful ▁ 1 0 0 - foot ▁bou lev ards ; ▁the ▁swift ▁completion ▁of ▁your ▁bath ing ▁pool ▁and ▁sun ken ▁gard ens ; ▁beautiful , ▁distinct ive ▁Spanish ▁bou lev ards ; ▁business ▁blocks ▁being ▁built ; ▁industrial ▁projects ▁taking ▁form — in ▁short , ▁the ▁building ▁of