New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-03-25

and 70 aotIcss k1rs 5ssE firsE except Doticss 10
sppesr ia a suit.
What has been tie result Of this Lex p0licy
Why the settlers who are ros business men. let
the interest run over sEgetiing the tine when il
IS d7e in many cases. and tsis u the very thing
desired b. ihse AGENTS Z foszs the ground on
which they commence such g vast number Of suits.
If the Agents gave any intinsiion OF soreclosure,
the interest in the gres; sorty q cases would be
psid But this 10 NOT What IS desired b. having
the interest Promptly paid il would take away al
excuse Tor commencing suits snf thus deprive the
Agents Of their bills OF costs.
This enormous drain in the shape Of costs upon
the means Of TIE farmers. already borne down with
an enormous debt-;he accumulated mortgages Of
the past-nus, cripple ard roin great many Of
them
The preceding statements vi, enable tie public
70 JUDGE a the manner in which these agents a
TIE Trust COMPANY DO business. and sis0 n the
system Of wholesale sk9 legal plunder which they
practice
Now. let me contrast tie manner ia which the
agents q the old Holland Land Compo-y oil busi-
ness with the settles on this sane purchase daring
a period q th.-ty-scven years with the present
system. which an describing
JOsEFH ELLIcorT was Agent t9r the above conf
pany t0r twenty one yesrs and daring that time ne
yer brought single suit against settler. JAcoB
: Orro was Agent SIX years. and until he be
came unable n attend 20 business short time be
fore bis death no surs were brought those which
were commenced ~ that period were not the re.
suit Of his orders bat were brought By lawyer.
who had gained his confidence. and had iree access
20 the Compsny's books. That they were under
taken ior the sole purpose q making costs, 10 one
can doubt Bot these SUITS were discontinued and
the costs paid by the Holland Land Company when
DAVID +. EVANS wss appointed their Attorney IN
the Spring 81 ls3s presume NJ. Evans viii re
member the deep excitement produced ~ the
bringing 0l theso suits which was aliaycd only by
the Company paying promptly the necessary costs
and disseminating tie su'ts Nr. Evans was Agent
Of the Company Tor tn years, aid during that PERI
cd only hrec ri'S were brOu Iht. and those not %
Cypress the settler but - establish the validity o.
the Company title. Thus II may be- said that
during n period o. thi-tyEevcn years only tnree
suits were brought the costs Of which @cre paid
by tie Company. GId Lot a dollar OF useless ex
penditgre was forced from the settlers
But Il length Trust Company in the City OF
New. York becomes the owner OF these lands, and
through the rapacity Of rs agenls-can we qualify
them otherwise than cowardy extortioners having
the powers Of the law on their side the settlers
and the Company have been legally pl1ndered. In
the course OF three years IL the Sixth and Eighth CIR
cults ofthe enormous sum OF slJ29OJ s. aud 10 I'VE
counties in the Eghth Circuit the suits az law reach
the astounding number at tae lowest estimate OF
2l75i
Let me now explain the reason Why this mum
Der OF suits has been brought and this amount Of
costs made.
The Arrangement made by the Trust Company
with these LAWYER Agents. was that they should
receive q per cent commission upon al moneys
collected and should Grf 0s TENT attorneys J9r ne
Company and rsclirc he bensH e dc Isg9i Gust
ness leave the public % iuicrirom this iact have
they used or yatter abused their prviese lhese
legal AGENTS never accepted this Agency Tor the
per ceutage which il would give, for their receipts
10 Gf
per onnun7. while the salaries which they pay their
clerks amount 20 sc eCO per aunum-'o the cashier
5000 per annuul book keeper $500. yonhg az.
torney. son Of one Of the Agents, $500 nephew
of the Solicitor" $500. aud young lawyer. who
does all the legal writing. and in fact all the legal
business Of the concern. paltry stipend OF 500
the other expenses Of the Office amount TO SoV0.
Thus Il the Agents depended only On their per cen
,sse thew would receive each but $50 per annum.
ANY man of common sense will see thstth Agency
was taken BY these men for the sole purpose oil
reauing a harvest from the legal Uusiness-in otnsf
words for the purpose Of LEGAL plonder and the
system rs carried out b. them q one OF the most
s-rocious ever penetrated How the settlers have
borne with il 40 long is a mystery. not only 70 me
but 10 some persons convcrssnt with the ahaIrs OF
the Office OF these rspacous Agents. a movement
however, 10 commencing a large number Of set
rers are aroused % the necessity OF M eniHe
change Of policy md the removal Of these Agents
Au-UIuF
marked rs common honesty and humanity, VII.
prevent the rise ernonc % OF the Auu rent spirit
and scenes 10 the Eastern part o. this state Let
the Trust Company be warned IN tune let them
remember that they viii have no excuse It those
scenes are rstnacted here and II for years ihey
receive no income from their investment A cnange
in the odious and infamous management q the
Agancv NJ the Company is loudly demanded and
the appointrDent Of an honorable and honest man.
not OF the legal profession who VIII honestly ana
fairly represent the interests OF the settlers and
theirs has become an imperoUs necessity. II not
done few months more wall put matters 10 traln'
which will DO IL for them. II this does not take
place then Wi, confess that | sm no prophst ana
that the poor deserve 20 be oppressed
The V,,j,s sysfsD1 of which spoke and which IS
carried on bv these Agents, VIII now proceed 20
axplain The time when the interest on the mort
gaze az the settler IS das is allowed % pass with
out giving him notice os was i0-nerly done under
another arrangement with the Ir'si company -
these Aceuts wish % make the most cQs's po'so'e
fbei- desire and AIM De- 20 allow the settler 70 ne
elect paving his interest when dne and IN this IN.
lnrturatelv they but TOO often succeed - soon IS
the time Is pqssed one Of the Agents. no IS the
Solicitor Of the concern. orders the young laWy er
who writes the legal notices to prepare some io-
A. B. and others % the number required These
are sent through the post Office 10 the persons
whose time has run over and a. the same
time. the Solicitor has noted down upon the
books Of the Cashier " in suit Nothing more
/, done. The settler. alarmed At receiving a
notice hastens az once to the office, prepared
10 paw his interest. but what IS bis astonish-
rent when the Cashier informs him thsi his mort
<age is in snit and that he must see the Solicitor
before he can receive the interest due The settler
trustpg that no costs have been made, IS directed
70 the Solicitors rOOm where he IS soon to be unde-
ceived But he IS arrested IN his progress oy see
ing upon the door large placard. with these words
a. 10 Adriittance and re'rrns - INFORM
the Cashier Of the fact who then directs him
through back room. occrpied T. one Of these
AGENTS and Is ushered th-11 back door INTO
the room Of the Solicitor. 1he settler then informs
him what the Cashier las tod him, and N the
mean time the So..c.r0r-ryho g endowed with
thar low cunnilg which is s1 0ten met win IN the
profession. and well adapted % his occupaiion-oo'
serves the man closely AID 3 enabled % Judge by
varioas signs which are familiar % men gagged =
such works how much the poor fellow C. A bear aud
consequently bow much % charge him Tor notice.
An honest Agent out Of the legal P1oiessoni " 10,
interest L was rot % ex,ort any undue eost "on-
charge FIVE cents the amount o. the postage Lne
notice costs no more than common letter orfatnef
blank Gled %. The farmeris charged according
10 the amount OF his mortgage, ard what me Sole.-
tor thinks lie VII bear-say ron sl5 u $40 II
the settler has the courage 70 reonstrats and the
I - -. .t.r1r- ms "a