We find notice of a $4,000-mortgage at 6% granted to R.O. Tillotson and wife (Margaret Irene) by The National Company, which appeared July 22, 1939 in The Daily Record, of Omaha. A record published in 1940 gave their address as RD 2, Omaha, which we take to mean Rural Delivery Route 2.
The Tillotsons formed Tillotson Construction Co. in 1938, and the company built its first reinforced-concrete elevator in 1939, the year of the mortgage. By then, the fifth of six children was entering the picture.
A 1937 ad in The Daily Record explained that The National Company was formerly known as First Trust Co. and had an office in 500 First National Bank Building. Built in 1917, this was the first high-rise in Omaha.
From earlier records, we know Charles H. and Rose A. Tillotson lived at 624 N. 41st St. Reginald and Margaret may have lived with them for a time.
It figures that this step in 1939, when they already had a swarm of kids, launched Reginald and Margaret into home ownership in a period when credit was tight. Ultimately, they built their dream home on a knoll in the Ponca Hills, north of Omaha.
