New-York tribune., 1869-06-22
AUCTION SALES OF NEW-YORK REAL ESTATE
BY Al. BIEECKER, son 4 co.
Iwosory brick hope and lOt No. 66 Waters lot 2RO0... rs
TIE sEYMOuR.PRTCE


CHICAGO-HISTORY OF THE PROPERTY.
Yesterday field day in real estate The extensive
Comprising some 1000 acres offered for sale under
the hammer. The large amount of property oaered its
circumstances by which it has long been kept out OF
tle arae @ abTns8 Te ba ~ m arg hare Of
since the Ofth sale first made some
fwomonh since On the 9th Of May agreement was
SIGNED at Utica n Y = between Henry Seymour OF that
city and Jeremiah Price Of Chicago, H. then place OF
portance as a commercial, financial, mercantile, and
manufacturing emporium OF the great Northwest by
sun Of 600 ,r the purchase Of land in the States Of
Illinois Indiana, and Ohio, aud the Territories OF Mich
sites, Of towns places Of business, In tracts OF
moderate extent" Price was, by the terms OF con
charge Of and care Of IT, The lands were to be sold
within We years from the date OF agreement, ana the
profits shared equally betmcen the parties named with
9he moneys furnished title acquired i40 acres OF
land situated in the Counties Of Cook, WILL Dupage, and
GruDdy The purchase was regarded as tudicons, and
The property apprecatng IN value when the financial
sssn PSegiSas ~ TO tbs me Mr. Seymour died and
81 the expiration OF the term fixed for the
l either by his heirs or Mr. Price for dispOsng OF the
GOperty. In 1884 Mr. Price died, and from within few
Coo the estates have been in course Of litigation The
Of for nearly O900 an enormous advance over
~ ,f Supreme Coart. dfreeted ths present Receiver
J. g. aine Freer TO dispose Of the property at his dis
oTetion by auction or private sale, for partition.
e.sTs SSsS tar wm a. sss cp who advertised @ the sale
literally and thoroughly I'M the daily and weekly news
papers this city and elsewhere and by maps, plans
and catalogues sale announced 70 take place
at 10 O'clock at the saesrOOmss Nus s. q aud IL Ran
dOph.st AS early o'clock interested parties began
10 collect; the hrst arrivals were principally those who
intended 10 purchase such OF the property
as was adapted TO farming purposes; the
arrivals from tins time 20 the hour OF the
sale were continuous, comprising the leading oDer-
atOrs city and suburban property, and liberal sprnk-
ling Of bankers, merchants, and manufacturers. The
usual OF the house sufficiently spacious
70 accommodate about COO persOns about That number
chairs provided, aud large number were Obliged
70 stand. At lOl o'clock Mr. William A. Buffers stepped
on the platform, accompanied By Judge FreeT, Gen.
Stokes John +. Seymour OF Utica, N. " several other
members OF the Seymour family Col j. Ellison OF W. A.
Butcrs Co, and the clerical fore OF the establish
meu The terms and condition OF the sale the title, &C.
were then stated clearly and distinctly and the exercises
commenced. Tie property was divided into dye.acre
blocks. and sold throughout at much per acre
The prices ranged from $50 TO $50 acre The bidding
generally spirited, and, IN most cases. rapid Phe
purchasers thoroughly informed 20 the value OF
the property aud comparatively effort was made 70
force competition The total f0Otings furnished by
fe sales clerk $SO29 During the salo refresh
Gcnts consisting 81 the subsantia and deicaues OF the
~5oasOn. were sOYed by Wright Of the Opera-Iouse
Restaurant lChlcagO 1llAeS Hti