The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-04-19
REAL ESTATE MATTERS.

An Important Landed Entcrprise-ThA
Northern boulevard Comm ission.
A few sales noted for sale at the Exchange wero
disposed OF yesterday at medium prices but there
was not q sufIciency of Inducements to warrant
large attendance.
VERY IMPORTANT MOVEMENT
ia being made among number of wealthy gentle.
men of this city, having in view the formation OF .
Board, to act in concert with q similar one In
Europe, for the investment of foreign capital In
real estate in this country. The project was
started about year ago, and referred to the late
Horace Greeley by European bankers.
Mr.. Greeley, who expressed himself highly In
favor OF institutng such an enterprise, found his
time too much occupied, especially as shortly after
this subject was preached to him he received the
nomination for President. He, therefore, sent for
Mr.. John McClave, and to him he entrusted the
carrying out OF this gigantic undertaking.
Mr.. E. Hepple Hail. who is the agent the English
capitalists sent to this country in concert with Mr.
McClave, has lsbored hard to bring the project to
completion. A board OF gentlemen, comprising
some Of our most emiaent capitalists, has already
been organized, among whom are Mr.. Emil Sauer,
President OF the German American Bank General
Charles X. Graham, President OF the Mutual Saw
ings Bank, and others OF the highest financial and
moral standing, both OF native and foreign extrac
ton, who are about issuing prospectus and es
tablish what has long been desirable, viz. q re-
the real estate OF this country. The name OF this
huge enterprise will be the
FOREIGN AND COLONIAL ESTATES EXCHANGE,
whose prospectus is based 'uoon the hundreds Of
thousands Of persons leaving the United Kingdom
ana ne heres sen nome IA inns
influence upon the money markets and exchanges,
and leads to rapid transference Of capital and
labor to the cultivation OF the soil and the con-
structi0n OF roads Of communication through all
the best agricultural pastoral and mineral lands.n
In the United States and Canada hundreds Of
improved and partially improved FARMS OF from
fifty to 200 acres, with buildings thereon, can be
This exchange is in regular Communication with
the governments OF the different States, and en-
joys every facility official documents, maps and
surveys can give, in the United states as well as
Canada. The full particulars OF this important
real estate institution will be given soon the
organization is further advanced.
Yesterday was the last day to receive objections
to awards and assessments made by the Commits
ming from l55th to Inwood street, through pro-
perty at Washington Heights. Thus far the Com
nave oay feceyed very Jew notices Of
frivolous facts and data and demonstrate more,
being the work OF professional assessment attor-
neys, who make the owners believe that their pro-
perry has been undervaued. and enter into an
agreement OF procuring larger awards for one-han
original sums granted.
The Commissioners will be in daily session at
eleven O'Clock A. M. for the next ten Gays q. NO.
and assessments, which, however, only applies to
those who have filed objections, after which the re-
confirmation. Commissioner Van Mort will then
have the Improvement placed in his hands, who.
Judging from his past energy, will have the road
completed by the end OF the year, ana thus give Q
fine drive to the uptown residents OF this city.
A. d. Mellick, Jr., 4 Brother, OF Pine street, re-
port having sold during the week at private sale.
New Jersey for cash and mortgage mo trades) to
the amount Of $97,500 The details are as fol-
lows
Lodi n j., farm Of 90 W0
Elizabeth M j. 62h city lots Jackson av......1sU0
Roselie NJ j. b. and on Webster av.......... $3.50
Dunelen NJ j. farm OF 90 7dW
Passiac n j. farm Of Ill ~ acres 400
The anne xed statement shows yesterday Is trans
actions on 'Change:-
WILLIAM KETSELLv.
S. bk. n and l., ITO nth ST., n s., G6 IT, W. ID
JOSEPH INQUIRE
a. Blk n dronp As bk. h. (rear), and L., 40 Park
st near Pearl at, lot 25xg62 Subject to n dover
right Hercules Mutual Life Assurance Society IL
BLEKcKKR, SON AND
81 O. bk. MS. and Is, W corner 81 and seth st.,
1i06x6O; Dennis Burke ~ ~
lot So ix59; L. Hoffman. ............... 2on
blk. boiler h. (rear) and n. 69th ST., 81 IT. W. Sd
av &llxlOo5; Jacob Bookman ....,.......... .300M
S. b. s. h. and l., Isl av. Il, COS ~ 8 10th at, lot
z3x93 Catharne LIGHT. i92Jg
2osxs7s; John A. Piper. ........... zosS
Saxs7S John A Piper 'o' aso
8xl. 10, j. Pinner. i290