REAL ESTATE: The Duke's Heaven

In Zuleika Dobson, Author Max Beerbohm created a Duke of Dorset who belonged to a society so exclusive that the Duke was the only member. He occasionally nominated new members, but at the elections found himself regretfully compelled to blackball them.

Since 1919, Real Estate Man Samuel F. B. Morse,* often called the "Duke of Monterey," has tried to create something almost as exclusive with his famed Del Monte Properties Co. on California's cypress-clad, ocean-girt Monterey Peninsula. He has sold parcels of the 14,000 beautiful acres (at as high as $50,000 an...

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