The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-05-15

the balance remained on bond and mortgage,
t wmca however WAS never paid suit was entered
nom the judicial tribunal. The property was duly
ayertised to be sold two weeks ago. but by consent
OF the referee, Mr.. George DeForest Lord the sale
was postponed until yesterday, with the promise
that 1t should be peremptory. At the first an
to Sh new sws
OF TINS property was "a put up job, and gotten up
ior tne express purpose OF gaining clear title and
gage resting thereon, he felt disposed so to d0.n
,o pn inn tuesday, however, an application made
ex-Boss time to raise the required sum or money,
LOT whlcn ne was then In negotiation being
Geni n, IL became evident that the order OF the
court commanding the disposal OF the estate was
Ia earnest, and, IN consequence very numerous
and wealthy assemblage thronged the Exchange
were advertised-amOng them the Walter Roche
property Ito indemnify the Guardian Savings
Bank depOsitors; but the stand OF Muller wilkins
Co. seemed to be the chief point OF attraction.
After reading the order OF the Court and the
terms OF SALE Mr.. Muller solicited bid to start on
The first lot offered was No. 922 Broadway, north
east corner OF Twenty-frst street. % 6x98 9x2lsx
1923. having five story and basement brick build
The bidding increase9 By easy Stages ~ until Il
reached s120, 000 when II Jagged Aspasmodc EFFORT
on the part OF the veteran auctloneer, however,
increased the price to $122 500, at which figure the
house and lot was Knocked down as sold. ON call
ing for the name OF the purchaser, a gentle
PRED that he bought for Amos r. Emo. The
original price paid for this property was
$l36,00O. The next plot, 92f Br0adway blk
1o2.3xl9.4xlO7.s, was started at $4,000 and was
knocked down to John Lawrence for 500, 500 and
926 adjoining. NEUTRALITY-SUSPICIOUS., for the same
price to the same purchaser. The original cost or
these two plots was $4,000 each. 92S broadway,
ENTHUSIASTICALLY, was started at $4,000 ana
Knocked down to William Eddleston Tor ss7 0O0--
first cost Sl19,5cO, and $50 adjoining, 20lxl23llx-
19.4X1lS.6 was purchased by Mr.. Eddleston for
$4,000 Original cost $124,5O0). Mr.. William Ed
dlestOn being the law partner or william M. Tweed,
Jr., it is generally presumed that his purchase was
for the benefit OF the family
IL Will further be seen that the sum total realized
for this valuable property was S4S3, 500, and the
amount paid therefor, January IS, 1871, 100000,
tanned for this property do by no means Indicate
that there is any decline in eligible real estate,
especially In such locality as Broadway and
Twenty-irst street. In the first place these five
calculation that Madison avenue was to be ex
tended southwark. in which event there would be
another front added to the houses, and the por-
ti0n cut from the lots to establish the new avenue
dnce the origlnss cost to q mere trlfe, be-
sides leaving fun lots doubly enhanced in
value. But as the t'best laid plans OF mice
and men aft gang aglee" was this
fine speculation Knocked into s'smthereens,r and
the failing experiment has cost the operator the
snug sum Of Sil6,500. Under the Ring rule money
was of object to the c0teric OF which 1t was COM
posed, and whatever suited their fancy was pur-
the first price paid Tor this property cannot be
taken standard OF Its value, nor can IL be adj
judged az being worth only the sum realized yes
terday, on account OF the peculiar circumstances
under which IL has been sold.
Another one OF the "Ring relics" was disposed OF
yesterday, consisting OF real estate belonging once
to Waiter Roche, but which was placed under the
guardianship OF Messrs. Quinlan, Lynch ana Deve-
tuition the particulars OF which will be found in
the real estate column.