, 1873-04-08
History Of one Of the Earliest Spec
ulations in Chicago Real
T. E.state.
The First Venture Of the First Western
! Land Association Of New
York Capitalists. .
Contest for Dover in Valuable Lands
on the North Side.

Noholl, of tho City Of Brooklyn, roinstated over
forty suits In chancory TOT WILLOWS dover, IN q
valuable real estate on tho North aido. THO
pas'cnlara OF this litigation WILL 10 found OF nn-
usual interest,". .......
It appears that Mrs. Nicho1 Is tho ro}ict of tho
lato Edward A. Ncholl, who diol on tho 9th
div Of March. la5o. and who was nosaeraor of
H.. s~,A4' -' - - ,.;., s r. ,.,,e, ~
tho foal essate subsequently, meht'ohoa' In Which
sho GLAZING dover.
About tho lat Of December, 1884, an asRooia-
tion WAS formed LII Nov York, for tho purchase
and ealo Of Westorn lands, and it IVES mutually
agrood by tho mombers that lands intended to
20 purchased nhould DO conveyed to, and tho
the legal title invested In one Charles Butlor,
who would sell thom for tho common uso and
bono1t OF tim Assassination. Ahont the lat If
Decombor, 1884, in pursuance Of tho agroemont.
contract was made and entered into on behalf
Of the Association with Arthur Bronson, for tho
purchase of certain lands in Chicago. and ho did
,onan, anu e eonsey snoae anus 70 nteaetloh
4oa nno ooa Spna,ao.a1on pa'a tof thc prop
erty was $1,000 Which was madc up by nll tho
memborn of tho Association, ouch contributing a
cortain proportion. On the 1ut OF July, 1885.
aonarntc cortiocatca dof,nino t,,o,r ~asnsott.a
eopa.AtS ooisau'asos' aeunlnB 'no,r fespeotise
sHales ~ part oh Tue purchaaoo real estato
called tue hunter property" " and aotting forth
that tho property was to be divided into 1000
parts or shares Of e1O0 each, and that the inter-
cat of ench of tha holders was ~ ho .,coupt.a
~ Il, r,o,a., e,,a -. $780,, ;.'s.s ~ w
~ ~ noney at,a ha pelsona1 lh.oross anu NOT
tho ssh September, 1855, Frederick duly trAns-
terred the Hunter Property to Charles Butlor, In
zee simple. yet the ttanafer was m1qede in trust
tn tor the benefit Of the memhers o. the Assooa
oratri1, was from ita BEGINNING and for several
yoars, member Of the Association and share
holder In the q Hunter Proporty.n On the 1st
April, l8A0, Charles Butler mndo declaration Of
r. trust IN writing, setting forth That he hold
mud others who Ind contributed to its
purchase. Nicholl owned six-oighteenths Of
ono-haH Of the property, Charles Butler one
hnf The remainder q Being ewnea X John BUS
D. bgden. md Barton White. 1t l1a tic request % Of
the shareholders, tho half interest In the prop,
eoz1aa sy h d did % not 1Hons Hh 1 Charles Pq,ss was
declaration Of trust showing Tint It was hold In
for the membors, In the proportion Of: d. /.
Nlcholl, Bix-eighteonths; Charles Butler, in
trust for the aasgnoes of Simon Hyde, four
tons, mud stating that whenever partition
should bo nude OF the premisea' among
tho parties Interested they would convoy to oacR
Of them, or to such parties as thoy may deai0-
r. hss sstsr to 5Gfsv 81 IT, @ TIER safo @ Of tic rspsss
ranty against their own acts oniy, partition
thereof 70 be made, If practicable, within six
months, from date Of declaration. by, tlia
declaration Of trust oratrx submits, her late bus.
undivided halt Of the Hunter property, aud that
sho ta onsit!ed to hor dower thorein. An aereo-
ment vas entered into by all tho parties
inte5ostSa e IN the trust, on tho 25th day Of
and lnterosta OF tho trust were that
whenevor partition should bo made Of tho hurt
premises. the ttuatees would convey to the
benetioaries in sayeraty, their heirs or asaignB,
.hei5 several Shares Of thesaid trust promises BIZ
decd, with covenants OF warranty against the
acts OF tho truuteos that said partition ahould
tako place,, 1t practicable, within Bix months
the truatees might, before partition, soil the
II T. g ses = osss sss.
aseens and oah aas sency sas ''ss sousl sn3a
ately the proceeds Of such salo. On tho Sd
Of january, 1848, by mutual agreement OF ali
partioB Interested, decd Of Partition was ex-
oontod by tho truateos, Niohof md Bushnell, By
which certain part Of the property, estimated
to DO one-haH thereof, was conveyed to Oharloa
Butler, by Nioboll and Bushnell, aud the other
half was conveyed by Charles Duslor to Nioholl
and Bushnell with tic exception Of one block,
cago, Haid half being dosignatod Mrhe tr11st
lnif OF tho Hunter property.H Theoomniainnnt
submits that her 1afo husband. .. 4. NloIoll. by
virtue OF the loed Of partition, became noseessor
of six-eightoontha ct "the tr1st half" and
also Hi1-elghtoonths Of the undivided half Of
Block No. :, before mentioned, and TINT she Ie
entitled to Ior dowor in tho annn : fhnt
i. H.. Nicholl sold tyo-thirda Of his
interest In tho aHunter property" to
Abel T. Anderson, and conveyed liz remaining
interest therein to Thomas j, Oakley. Nichoil
WAS removed, by deoree Of Cook County court.
from tho ot1ico Of trnatae m nh Aunnst 1aIs'
partition between Butler and Nioholi and Bush
q n,l,nt' to1p' - .ug potsons tteroHIou ~ tue